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This is a great post! Thank you! It will give me something to think about.

Stop responding to my thread if you have nothing of value to say. Go do something constructive with your time.

Please post some mathematical misconceptions that you have encountered with trading. I will start with one: People tend to assume that if they have an equal % gain and loss they will end up even or with their starting capital. However, this is not true. A loss does greater damage to your...

What is the real point of living? I don't really subscribe to the hedonistic lifestyle of enjoying life and having fun because I am constantly aware of the pollution my actions and existence are causing. Think of all the plastic bottles /containers I will use over my entire life, all the fuel my...

Thanks for your post. Although I am not a surfer I find that a great analogy!

Haven't you read the saying "time and tide wait for no man." We are all going to get old and die whether we have accomplished our goals or not. Life doesn't wait for our majesty. The same with the market, the stock will take off whether I am in it or not. It is upto me to be observant, decisive...

Thank you! This is exactly right but in order for my reaction time to be less than 1min, my plan needs to sink into my subconscious and become 2nd nature to me almost like a reflex action. This takes years of practice and repetition.

This is exactly how I feel! Remember when you were a teenager and had just learnt to drive. Driving required your full concentration because even though you knew how to drive aka "had a plan" you were operating entirely from your conscious mind. If a car came out of nowhere your reaction time...

I am usually analyzing which one is a better deal. The setup I see in stock A or stock B. Since I am a beginner I like to manage one position at a time. But when I see multiple opportunities I have a split second to decide which has greater potential before placing the trade and that is when I...

Success in day trading is all about precision and timing. However, when I spot multiple opportunities during live trading, sometimes I get the "deer in the headlights" reaction and by the time I snap out of it the stock has already taken off without me in it. Besides more screen time and...

Those seem to be swing traders. I am not looking for swing traders. Thanks though.

I am talking about stock traders NOT those that trade futures, currencies etc. Not options traders either. Not swing traders either. I am looking to network with other day traders that trade stocks/etfs exclusively full time. And I haven't met a single one on this forum. Maybe I am at the wrong...

Welcome back to my thread :-)

That can only be known once the market plays out. I can say with certainty whether it will rain right now or not but I can't say with certainty whether it will rain at this time a month from now or a year from now. The further we go in time the lesser the level of certainty is. To answer your...

Based on reading the chart and past experience. The problem is that such opportunities are rare so the rest of the time I am left just sitting and waiting. Which boils down to the same dilemma, do I take on riskier trades and rely on the law of averages to keep me afloat or do I only take sure...

I think I should have been more specific in my OP. Let's say I spot a setup on the chart of stock xyz that has a 95% probability of going higher so I jump in. xyz moves higher and few minutes later it reaches my target and xyz enters a consolidation/pullback /retracement. At this point let's say...

You must be lawrence-lugar's alter ego if you consider his rude posts constructive discussion. He trolls every single thread that I see including my own. Please invite him on your threads because he is not welcome to post on any of mine. I am a respectable person and I have zero tolerance for...

You don't understand English if you don't know what a leg of a move means. Stop trolling and keep your mouth shut if you don't have anything helpful to say. And do me a favor get lost and don't ever post on any of my threads ever again! Find something constructive to do with your time.

What is his username? It would be nice to checkout his posts.

The answer is what @Robert Morse said above.