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    Do you think this is the truth about day trading?

    you are an extremely intelligent person and expect the market to be the same........ markets are intelligent........they are emotional......this is the problem: you can never predict an emotional man...an intelligent man ,yes, you have a chance the fall in world markets after 9/11 of some 70%...
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    169-Year-Old MassMutual Invests $100 Million in Bitcoin

    maybe time to sell bit coin
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    Do you think this is the truth about day trading?

    well i can tell you trading is ridiculously easy........ once you get it i used to only lose money....now i dont but it took me a decade determination.....winners do not quit..........
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    Do you think this is the truth about day trading?

    yes that is undoubtable the reason.......... but it is also a huge opportunity which is, like you said, open to everyone. unfortunately regulators are trying to change that .... they are also trying to educate people wrongly saying that it is highly risky :they should be telling them that...
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    Do you think this is the truth about day trading?

    if you get the right guidance then it is easy. if you think in the right way then it is easy. chances of both of those coming about :less than 2% trading is ridiculously easy if you focus on some things. it took me over a decade to do that. so do i think that is the truth about day...
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    Do you think this is the truth about day trading?

    people say oh i was so good as a engineer or teacher or parent or software developer but i suck at trading but the fact is there is no measurement to say how good you are as teacher or parent....... in trading there is clear and undisputed measurement about how good you are..........there is...
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    Do you think this is the truth about day trading?

    so there is a formula for success? what is success? that in itself is different for different people
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    Do you think this is the truth about day trading?

    i read my first book in 1994........so i have read over a 100 books i found Brooks book in 2007 and since then that is the only book i have read.....and read and read. you have to get on the right road as far as trading short term is concerned..........i was on the wrong one for long.
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    Question regarding Brooks' book

    i am impressed at your clarity of thought. i am 64 years so i live for the day at most. you must apply this clarity of thought to your trading procedure. Volpri has explained it well in poetic form but to understand poetry you must understand the alphabet and apple,.... cat....... dog so it...
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    Question regarding Brooks' book

    i have had the same problem and lost more than a decade and more than 100000 usd. the solution is simple: the issue is that you may not like it [the solution]. you have to decide whether you want to make money, make a living or search for the secret of of the how market works. and trying to...
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    Question regarding Brooks' book

    the point is if you do follow Brooks to the letter or more broadly[like i do] the edge is there but only if you structure your trading on some set up and method and stick to that method systematically. most traders doubt the method they are using and try to improve it when they has losing...
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    Question regarding Brooks' book

    this is lovely stuff but i find sticking to one thing helps a lot for people less experienced than volpri... i simply count the 3 pushes and then the market will correct ........for 3 pushes in the other direction.....market keeps doing this some days for ever until it decides to break out in a...
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    Question regarding Brooks' book

    to get back to the basic question of edge i think that if you stick to basic brook's set ups-bar counting.......inside bar.....ii, ioi, anyone of these should give you an edge over time
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    Question regarding Brooks' book

    it would be less risk but also low probability.........you are right...........
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    Question regarding Brooks' book

    since we have accepted that everything is risky we have to take the smallest risk. i have found that a breakout is the the most risky with entering the breakout pull back a little less risky while the least risk comes from a breakout test which generally comes back to the base of the breakout...
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    Question regarding Brooks' book

    they chose solid companies.....and incidentally that was the only share my father ever bought. so it was amazing...
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    Question regarding Brooks' book

    i used to get confused too. because the market does keep giving reversal signals and i would take all of them. i realized that most of these fail because though there was a reversal signal and the market did reverse .........the strength of that reversal move was weak and so experienced and...
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    Question regarding Brooks' book

    he took a huge risk the company could have gone bust. just like Buffet took risk when he held 7-10 companies for 50 years
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    Question regarding Brooks' book

    i believe knowledge reduces risk....but it may be case of diminishing results.....and more knowledge may lead to over thinking and 'paralysis by analysis'. this term i found in my golfing days 'where there is much light, there is deep shadow'- Goethe
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    Question regarding Brooks' book

    buy good companies with good reputed managements, there are not many. My father's investment in a Indian bank multiplied by 100000 times in 30 years. my father had money he could tie up for 30 years.......i do not and there in lies the rub. some of us have to trade
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