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What does AOL even do any more?

Here's a good system: trade crude around the release of the inventory report at 9am ET Wednesdays. Seriously, if you find the Grail, let me know. Call 1-800-THE-GRAIL.

Been there too - sleepless nights, breathless excitement at having found the key to quick, unlimited wealth ... More power to you, if what you've found actually works for you (from one engineer to another). But, be prepared for one heck of a bumpy ride. The road is longer than it looks, even...

I don't think any trader can avoid disaster days. The trick is keeping the losses manageable in relation to profits, and your equity curve fairly smooth.

Are those percentages of return on capital per year?

Man, this site gets crazier all the time.

There is some merit to the idea. There was a reality show on last year (I think) of a bunch of newbie traders in London, who were taught basic TA etc. and then set loose in the markets. They were doing short-term swing trades, i.e. holding positions for a few days. Equities only. Most lost...

Do you have a well-tested system in place to make sure you don't give it all back again?

The markets have a lot of randomness in them, but they are NOT RANDOM. It's just that the pockets of predictability, which do exist, are hidden among a lot of noise. The OP, as someone else said, has just not put in enough effort yet.

Totally agree. The sooner you wake up to how the market really moves, the sooner you can profit from it.

I think the OP's main point is valid. Most newbies don't know when to stop; when they are beat. Some will recognize this and seek more education. A subset of those will develop the self-awareness to be aware of and compensate for their psychological limitations, i.e. reprogramming the mind. A...

Greetings all, I have come to the conclusion that the human mind is the biggest anti-edge there is. It is literally programmed to fail at trading. We are all familiar with how the emotions of greed and fear cause us to cut winners early and let losers run. Then the frustration of doing...

Can you please explain how I was trying to mislead anybody?

20 ES points range in 2 hours. Ah, markets, I have missed you. Welcome back from summer break.

Sure, I'll give you a system. And Warren Buffett will just sign all his wealth over to me.

Good old market, doing exactly what it's supposed to do - making it hard to get in and stay in, either way. Suckers get steamrollered mercilessly and retire to the sidelines to lick their wounds (just speaking generally, not about anyone in this thread).

Wouldn't that be too much like socialism for ET? :D

How do you know they don't do that? Or, if they can't reverse engineer the system, then front-run the trades (in the case of someone who is consistently successful)?

Yes.