Recent content by Tenderfoot

The guys I know who average $5K/day don't actually make $5k each day. They make $30k one day, then 5K the next, and then they lost $7K. At the end of the year, they average $5K, but in reality some aspect of the 80/20 rule applies. Most of their profits come from a small percentage of their trades.

I personally like Alexander Elder's books. He's actually a real trader while many other authors are just "vendors." The tendency for new traders is to focus on the "how to" stuff while completely ignoring psychological aspects. Don't do that. I recommend Mark Douglas' books for this.

They do offer a free trial...they just don't advertise it. Just email them.