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    How do you get rid of the "ego"

    made money yesterday. I closed my NQ short sale a liitle bit early. I shorted Nq at the opening, I was temperarily red severl 1'bars. just ignore it, my mental stop at 2620. almost kissed it. thanks god, the market realized it is too high, they gave up around 2618ish. cut profit...
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    How do you get rid of the "ego"

    stop loss is one way. I try to use stop loss. but always give up. the stop loss creates an illusion to me; giving money to the market. so I could not do that. I just hang on until the market gives me my money. or i just lose it all. what I think is: when i am afraid or fearful, I say...
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    How do you get rid of the "ego"

    I totally agree. trading is an intelligent game. do not use brain, and use emotion, you will definitely lose. emotion out is the easiest way. that is why most people blame emotion/psychology. bottom line is they are lazy. they do not have a plan before they turn on their computer, throw a...
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    How do you get rid of the "ego"

    I do not think confirmation is the right thing. what I learned is: do not try to make sure. make a judgement, and do it. as for loss cutting, do not listen to some guys say you must cut loss. listen to yourself, jude whether you should or not. I do not cut loss. 99.99% time I am...
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    Market crash on monday?

    people always want to play smart. the market is so obvious in the down trend (daily, not intra-day), you do not need a ema tell you. ema is delayed. last week I made good money on crude 87/85 put, I know I may be wrong, but feel there is good odd there. crude is way below 50ema, to me, very...
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    Market crash on monday?

    technically, drop is inavoidable. last two weeks are consolidations. it is under 50day ema. take NQ as an example, last resistance is 2560~2575 (qqq 63.3), the first dip to 50ema support. this consolidation range is 2464~2570 (qqq 60.5~63.3), now it is under 2464 (qqq60.50. so it...
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    Why real traders do not discuss gains or losses...

    a winning trader knows: never think of money when in trading. when think of money, money loss creates fear. money gain creates blind greed. if fear is so overwhelming, a perfect trade setup to you is a threat, you will hesitate to avoid the possible loss. if greed is so...
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    any idea about future option margin

    theoreticaly there should be no margin requirement if long either put or call. I am with IB. later I found the margin is moving, actually equals to nothing, will not trigger margin call. I bought 87 put and 85 put, when my put is in the money and deeper, the margin goes up, but when my put...
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    any idea about future option margin

    that makes sense. no wonder I noticed my margin requirement changes when my option moves. that sucks. I just want to take advantage of the leverage. looks I can not do that because of margin. bought some airline call options, look better than crude put option. no margin. I do not need...
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    any idea about future option margin

    I entered a put crude option in my paper account. i found it needs margin. stock options if long either put or call do not need margin. I am testing future option, I hate to trade with stop loss in future. I am planning to buy 87 put, and 85 put, looks crude will hit 80under pretty soon...
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    Please help me understand this.

    stocks are just like fresh vegetables. not those coins, after a while, they becomes antique, and more valuable, the longer you hold, the more thy will worth. when no fresh, just worthless. there is a time span, when past, it starts to decay, and pretty quickly. when i read jsessie...
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    Please help me understand this.

    not true. even with broad indeces. look at qqq, once it was 120+ ten years ago. now it is just half of it, and struggle. since all things will finally die, like aapl. just sell it, and hold it infinitely, you will win. when you look at FSLR, you know why you should have "sell and hold"...
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    Why real traders do not discuss gains or losses...

    a real trader is someone who trade using his real money. not gossip about trading. not trade using a past chart. ..... in one word, he/she bets using real money. not his mouth talk, not paper trading, not imgaeray trading,.... real money!
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    Why real traders do not discuss gains or losses...

    a real trader is someone who trade using his real money. not gossip about trading. not trade using a past chart. ..... in one word, he/she bets using real money. not his mouth talk, not paper trading, not imgaeray trading,.... real money!
  15. T

    Why real traders do not discuss gains or losses...

    a real trader is someone who trade using his real money. not gossip about trading. not trade using a past chart. ..... in one word, he/she bets using real money. not his mouth talk, not paper trading, not imgaeray trading,.... real money!
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    Why real traders do not discuss gains or losses...

    just do not look at your emotions. you will be good. when you drive a car, better pay attention to road conditions, while not think about possible car accident or look at the wrong ways. if you look at your emotions, you will be fearful of getting wrong or feel superior to others. you will...
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    Neural net software

    it is useful. if you are trading systematically. I am a discretionary trader, most time buy then sell. nn works like that. you need feed in some trade examples, to setup intial parameters or trading signals (they call training). then feed in your real market data, let it give out signal...
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    Why Is The Obvious Not So Obvious?

    trade what you see, not what you think. I am not a fan about that. I just trade about what I think, if it is dropping, I feel it is hitting support, I buy. if it goes up, I sense resistance, I sell. chase a market is a fool's game. or a loser's game. I need know what the market is...
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    Why Is The Obvious Not So Obvious?

    first in trading there is no obvious things. it is just full of uncertainity. if you know it is a winning trade, why not all in? since it is not obvious, you have no idea about your position whether it will win or not if you know it is a losing trade, why bother to enter? if I know...
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    risk management when scalping

    trading naked is the best way to scalp. trading naked means when in a position, the capital the position occupied is the risk. the risk must be pre-determined and not dynamic. future risk is dynamic, i.e., it will create risks dynamically, may far beyond margin requirements. so you can...
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