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Fools who try to catch a falling knife wipe out their profits.

After my first year of trading, I made it my goal for the second year to papertrade only and stop throwing money away doing things that were cool but that I didn't understand.

I would never place a profit target based on a dollar amount, I would only place it according to what the market was giving me at that time. It would be nice to look forward to certain dollar amount each day, but the market does not cooperate. Sometimes it gives alot, sometimes a little...

What happened in the last few days was that Russia displayed it never changed in the first place.

Nuclear war is nuts. Putin is just a Russian... driven, secretive and hungry to dominate, which is why they will soon be holding hands with Islam. And yes, they have nukes in the US. Relax, some freshman senator nowhere near DC when it blows will be happy to pick up the authority and pretend...

I understand your point but I have seen 1000-car ES lots go through on limit orders, slick as glass. Just depends on the volume.

When trading, I prefer early 80s rock, some patriotic march instrumentals, or even better... just silence.

I think you're talking about a profit target. I could be wrong. A profit target is a hard exit on the other side from a hard stop, which can be either a limit exit (at or better than the desired profit point) or a market-if-touched exit (at or close to the desired profit point). If you are...

Damn guy, good stuff there. One question, if Europe looks to us to fight the bear, whey aren't they paying us in advance?

Well, in volume I have seen 1000 lots of ES move in a snap. All in timing. Slippage is not an issue with limit orders and, again, volume.

Sorry to hear you think we have gone soft between the legs. In reality, it would only take one nuke from either nation to start MAD. I believe we would wait for them to light up first, and I encourage our military to nuke Moscow with the nukes we already have stashed there, should they attack...

I don't know where you live or what the cost of living is there, but if you cannot at least double your account size and then cut it in half for profit every year, maybe it's not worth your time as a trader...

Moving 1000 ES is not a problem at the right volume. Don't try it overnight, though.

Always remember that the most successful traders that have posted on ET no longer post anywhere. They are retired. Effectively, you are asking all currently tuned in, which is comprised mostly of students, then traders.

If you judge experience as insufficient reason to act, then you sir should not be trading at all.

Which posters in this thread have the best records?

What, you have never seen people p!ssed off when liars are allowed to continue lying and cheating? Never voted before, have you?

If you knew how many people that Alex has fooled into giving their money to him to be entertained, you would make a decision against Alex and get off the fence. There are no laws against Alex doing this, because he owns no corporation, only a city business license so he can cash business checks...

http://www.strategyrunner.com/Content/services.php There is no guarantee your strategy won't leak to others who might have larger size and then steal your liquidity, but people are all honest and hard-working, right?

Never. I saw a youtube video yesterday of some chat room trading guru who did that and watched him go mad. $25,000 gone. Maybe you have seen it.