Recent content by Raleigh Lee

What have you found to be the most effective steps to becoming a consistently profitable trader?

Can someone point me to a link for the policy governing the posting of educational resources on this forum?

I'm looking for a super-trader - a guru, if you will - that is not American and does not live in the United States. My purpose for this search is to interview him or her for my website. The reason for the criteria is that it seems that most of the literature focuses on American traders; but this...

Are you able to answer my question that started this thread? It should be the first post in the thread.

I have a question for anyone who has Ryan Jones' book entitled The Trading Game. My question is about a passage on page 86. In the third paragraph he says "After having acquired . . ." Can anyone tell me where he got the following numbers in that paragraph: $100,000 in profits / trading 20...

My earlier post containing the terms MAE and MFE refers to Maximum Adverse Excursion and Maximum Favorable Excursion respectively. I was asked to elaborate, but the explanation is complex. You can find a full explanation in an article I wrote for Futures magazine called "Know When to Get Out."...

If you make . . . * $100,000 in profits during the next five years or $20,000 profits per year for the next five years or $1,667 profits per month for the next 60 months or $384 profits per week for the next 260 weeks or $75 per day on average for the next 1,320 trading days...

You have to take into account MAE and MFE to accurately set stops.