think that a lot of the differences of opinion between traders stems from a time frame horizon gap. Sometimes we are speaking in a different dialect. Same language but just from a different part of town. While one trader is willing to sit on a 100-200 pip loss to receive the ultimate prize of the 1000 pip move, others are only willing to trade with very tight stops and minimum profit expectations. Both good but different.

I have had this discussion with other friends/traders. I have one friend that trades in and out in micro seconds scalping 1/4 pt's in the S&P and basis his trading on fundamental news that may or may not effect the market for weeks or months. Go figure. Makes no sense to me. But, who am I to criticize? In my opinion that kind of trading should be hard core charts and nothing else.