I'm starting week with my thought about learning of trading.

I found that it is impossible to get all knowledge contained in Jim's books when I read it few times. I have to get a lot of practice, face the problems in all area (eg. context, trade management, ML) and start looking for solutions in Jim's books by reading it again. And that's what I think: all solutions are there. I just have to implement it into my behavior and trading plan.

This a lot of material and it is sometimes very difficult mentally (like trading against trend on trading timeframe) that's why process of learning must be repeated many times until aim will be achieved.

I can't imagine how Jim could learn trading without his books It must be incredibility more difficult and long process then we are faced with.

Look at them beat it down right off the line area! I think they'll regroup and get it, but wow, is that cool.

Crude 108.03!!!

It's time...

Originally posted by jimkane

Look at them beat it down right off the line area! I think they'll regroup and get it, but wow, is that cool.

There it is!

Originally posted by jimkane

It's time...

Originally posted by jimkane

Look at them beat it down right off the line area! I think they'll regroup and get it, but wow, is that cool.

Now, once this confirms it isn't a stop run snap fake, this clears it for new highs for the entire move. We shall see.

Understand, that confirmation is not a given.

62 here will tell me a lot.

Originally posted by jimkane

Can someone show the overhead TL here in daily/weekly silver (SI #F)? Look at the bearish ABCD, against the much bigger bullish ABCD. Like I said in crude, this area here is super-critical, and if it takes it out, I think new highs are coming. It would imply to me they are going to do another super run up in commodities, and further destroy the dollar. We shall see. I hope no one in here is planning to rely on any retirement savings in dollars...

Jim,
I am retired and my wife plans to retire soon. We are planning on moving to Denton, Texas, about 30 miles to the North, so as to be closer to grandchildren (and children). We are not planning on residental real estate appreciation, but we need a place to live and have found one. Fortunately, we have some savings to rely on, but it is mostly in dollars. Well, we certainly live in interesting times.

http://en.wikipedia.org/wiki/May_you_live_in_interesting_times

I managed to avoid the market drop from late 2007 to early 2009, mostly by listening to your warnings and hearing Robert Miner give a talk when he visited Dallas, Texas. I have not been real adventuresome trading-wise since then.

I feel that I am learning about trading the futures markets, primarily through your educational materials and through the people in this forum. I thank you all for your help. The markets are not that clear to me, but your reads have been and are awesome. Please keep up the great work.


Good Trading,

Al Kamego

Crude breaks to another new high for the move. What was I saying if it takes out that key line area?

http://www.zerohedge.com/news/brent-euros-all-time-high

Well, let me clarify that I keep mentioning savings in dollars because I feel they are stealing them away from us at an alarming pace (via inflation that they lie to us and tell us isn't happening, although we see it right before our very eyes), and that pace, I feel, is about to rapidly increase. It won't stop until they steal essentially every dollar we worked our entire lives for. So, I urge people to at least look over their holdings, and consider other alternatives (not other paper currencies, they are all 'going to zero' in my opinion) and means of diversification. All us 'little guys' are going to lose almost everything, it can't be stopped, but can we retain a small portion to survive, that is the question and what I urge people to prepare for. Just my two cents.