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He should move on. He clearly gave it the old college try. At least he did that. But daytrading isn't for him. Maybe he should try a longer-term timeframe. As far as his marital situation...I have no advice.

Traded okay...helluva bounce in the ags

Why has there been no elitetrader app created? Is there not enough interest?

Regardless of what those people were doing, they knew they were going into dangerous territory. The news said that the owner of the yacht asked his friends to pray for him b/c he was worried about pirates. It's terribly sad that they were killed by those pirating thieving bastards, but I...

The bears always come out in force whenever there's a big down day or a pullback. I'm sure Robert Prechter will be on Bloomberg or CNBC in the coming days if we get any follow-through on the downside. He'll probably be wrong again...of course he'll say as an aside that his outlook is uber...

Major Economic News: Existing Home Sales tomorrow Finished up about +$625 net today...missed a lot of signals..still virtually impossible to hit all of the signals that I get manually..in the process of automating a portion of my trading. Meanwhile, I'll still be 100% manual in my...

So being risk averse in a bear market is a bad thing?

cut some winners very short today....still keeping size small as long as I remain consistent with my rules today...trading HPQ after-hours...will post later if necessary

Upheavals have happened throughout world history. I'm not going to agree with everyone saying that this is the end of the world...but the way that things are changing so fast, there must be something to the winter solstice of 2012. I'm not a Mayan prophecy kind of guy, but there certainly...

We've seen the market shake this off before so there's no telling where we end up by the close tomorrow. But the spike in oil is definitely something that may shake out some longs and hopefully give us the minor correction that many PMs are looking for to get more aggressively long. In the...

Sorry for not posting as much as usual, as I've really been focusing on the process of what I'm doing and focusing on automating as much of the process that I can. I think partial automation of my trend trading is about a month or so away, so for now I'll still be trading it 100% manually. I've...

Thankful to be an American. Kudos to those individuals in those countries fighting for their freedoms. This is how it's supposed to happen...i.e., not like Iraq. I hope the world doesn't allow this Ghadafi bastard to massacre thousands of "his" people.

All around good advice here.

Why is being deliberately condescending a bad thing? Maybe it's just me, but I don't think that's the best way to help a new trader. Generally speaking, I don't know of anyone that appreciates being spoken to in a condescending way for no reason whatsoever....but of course since you're an expert...

1st - Why do I care? Because one of the guys trades in my office and I pick his brain all the time. It's nice to personally know a higher echelon trader and to have the opportunity to understand his mental model. 2nd - You consider yourself (hypothetically, of course) the best in the...

What argument? There is no argument. You don't trade. If winning hypothetically in your hypothetical system that only needs 7k to operate (very small amount of capital for an automated system) is your focus -- more power to you [sarcasm implied]. I have a fully automated live system that's been...

Read about how people that can't trade anymore than trade opportunities today? What are you talking about? What part about, Do you not understand? The two guys that I know that traded during the '90's are STILL multimillionaires and one still trades. I've been a full-time prop trader ever...

There's always a loophole.

SLV broke out on Thursday on good volume...wish I had just held my original position instead of daytrading it Thursday and Friday. Don't worry about it cratering. If it fails...it fails. Trade your plan. Momentum trades can go a lot further than you would ever think.

Bhardy....I've been an ET member for quite some time now. I changed my handle to start a journal -- which I really need to update. As for a reference of guys to listen to, I would recommend these guys (some are still active and some aren't, but if you go through their old posts you will find...