Recent content by ric

Hi. I've been checking out this site for a while now. A couple of years now I think. I've been meaning to get into day/swing trading for quite a while. Was about to a couple of years ago then had to get over cancer and could only handle my current business. As such, any reading and...

"Then one day my wife comes screaming in my office "BUY VRTX!!!!". I'm saying to myself, wtf is VRTX? I can't question her, there's serious ramifications, if it loses money we all know what that is, if it goes up and didn't buy, I'll never hear the end of it. Then the risk of...

I wasn't going to rely just on indicators. I was going to follow the training section of this site, as it is the first thing I read that made the most sense and sounded very ......sound. If indicators get you in and out late, then what gets you in at the right time? Honest newb question...

I was going to try tradestations but they require a $5,000 minimum account. I was going to start with alliance traders, because I can start with $500 and if I make a stupid mistake and push a wrong button, or greed/ fear gets a hold of me I have less to lose. In other words I want to learn the...

70%.............. Must.......resist........urge..... to.....flamepost.

I'm a newb too, but read the training section on ET. Backtesting and why it's good although it can't predict the future is discussed at length. It makes a powerfull argument for it. No type of plan/strategy/indicator/guru course can predict the future of the market and jump right in at the...

Thanks much, keep it coming good stuff.

I just got through reading the training section of this site, "trading as a business." Best thing I've read through so far, better than all of the books I've bought at Amazon, or here for that matter. Really clarified a lot for me. (wish I would've read this first it would have saved me a...

I like this line from your post, makes the point very clear. "Unlike in any other endeavor in trading only the sky is the limit but your personal attributes create the gravity." Thank you for your input. I have the ability to be very emotionless, like a steel eyed monster and just...

I've done some reflection and come to the conclusion that there are some critical questions I need to ask myself and then find the answer for, that will get me closer to trading. Please feel free to add the list or give an opinion/ answer for a question. Or even re write what you think are...

Understood, and appreciated. Like so many of the books I've read have stated on the phycology aspect, "Develop real skill in trading and think only of makeing a good trade wether that be a profitable one or one stopped out properly, and profits will be a natural byproduct." (errr...

Thanks domina, what I'm trying to say is that.... If I traded with a $40,000 account and made $300 a day.. I would trade with and up my size. Day 1 40,000 day 2 40,300 ect............. So, that the return %, (whatever that may be) would go back into may account and compound, instead...