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  1. SimpleMeLike

    A Quick and Steep Rebound - Obama Economic Adviser

    I am long and strong the S&P 500 Index, buying it up alllll the way down and alllll the way up and holding long. Easy money too. I wanna send this song out to S&P 500 Index for doing a great job. Shake that ass. Thank you my good buddy Donald Trump, my main man Obama, Joe Biden, ohhh and...
  2. SimpleMeLike

    Who were your teachers/mentors?

    Yes sir. I am with you on that part buddy.
  3. SimpleMeLike

    Who were your teachers/mentors?

    ironchef, Question for you sir. Have you tried trading the way you want to trade and what makes sense to you "only"? For example, I do not like picking tops and bottoms. I am slave and the market is my master. When I wake up in the morning, and see prices going up, I go long, if see prices...
  4. SimpleMeLike

    Who were your teachers/mentors?

    Hello themickey, Thank you for sharing your trading journey with us. For me, it is very nice to see your journey and experiences lead you to great rewards. I like hearing about day traders making money. It inspires me. Great work.
  5. SimpleMeLike

    Discretionary Trading Rules - The Recording

    Exactly, stay on topic
  6. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    Another great post. Nicely written
  7. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    virtusa, Very nicely stated. Great post you wrote.
  8. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    go sit down somewhere man and be quiet.
  9. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    tradingismybusiness, you can simply stop posting and stop making a clown's ass out of yourself. You attacking members because they told you they trade a certain way, and now you getting mad when someone telling you sit your silly ass down. Perhaps, you are the loser virus. And you have really...
  10. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    tradingismybusiness, Please go sit your ass down man and be quiet. Just sit down man and take the day off. You sound really silly.
  11. SimpleMeLike

    Why trading educators talk about entries 95% of the time?

    tradingismybusiness, Do you day trade the small time frame charts? Volpri clearly has repeated why he likes averaging in positions almost 30 times to you already, that works for him and it makes sense when you trading in short time span as it is challenging to get decent risk tolerance...
  12. SimpleMeLike

    Popular daytrading account size

    That guy in the video is bullshitting, he did not lose no $350K, just an internet marketer get subscribers and likes to sale products and services. He did not show his broker account paperwork showing where he lost $350K
  13. SimpleMeLike

    Popular daytrading account size

    Yes, that is fine. Put $30K in the account and only risk 0.06% per trade or $18 per trade. The point I am trying to make is trade extremely small until you prove consistent profitability. Once you do that, then scale up. A cocaine distributor not going to front me 1000 kilos of coke to sell...
  14. SimpleMeLike

    Popular daytrading account size

    savoir, Please explain what you mean by how I am a cannon fodder?
  15. SimpleMeLike

    Popular daytrading account size

    Hello KCalhoun, I agree with you. It is very interesting exercise. I did it once, took a long time, but it forces me to journal my trades. That trade management is sooo important, because there are sooo many ways to exit a position. That is good exercise of decision making and record keeping.
  16. SimpleMeLike

    Popular daytrading account size

    hafez50, A long can also run to infinity ending the career of a trader as well. A newbie trader needs to understand the math behind taking a loss. They need to understand the probability over a series of trades (100 to 500). Out of that 500 trades, they will not be all winners. A loss is...
  17. SimpleMeLike

    Popular daytrading account size

    hafez50, What timeframe chart are you trading regarding this discussion?
  18. SimpleMeLike

    Popular daytrading account size

    hafez50, A new trader will not know what a bear market or super bear market means day to day.
  19. SimpleMeLike

    Popular daytrading account size

    Evermore2017, Take the $100K and subtract $98K from it. This leaves you with $2K. Put the $98K in savings. Use the $2K to trade stocks. Risk 1% or $20 per trade. Do this until your account balance is $5K. After that you will know for certain, if you ready to risk $100K stock trading.
  20. SimpleMeLike

    Popular daytrading account size

    Yes sir deaddog, You got that part right. If you do not know how and why and when to Enter and Exit a trade day-to-day, everyday of the year, trading will be very complex for you. Before I take a trade, I know my risk and I know where I my stop loss will be. And I know how to exit for a...
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