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  1. danielc1

    Down to about $90k, where would you park it if your trading skills were trash?

    1) Your psychology is everything but decent. 2) You have a problem. 3) You need professional help, not advice from strangers that are probably in the same boat you are..
  2. danielc1

    How crazy am I to believe that this system can work live?

    You have an outlier in your trade results that would worry me: Average $ winning +- $80 Average $ Losing +- $125 And then Largest winning trade: +- $ 2000 Largest losing trade : +- 2000 How come?
  3. danielc1

    Your odds of being consistent profitable in trading

    The problem with statistical facts is that they are based on past data and hopefully on all data that is available. It doesn't encounter or explain why the data is what it is... Do you think it is a fair assessment if you know that most people only need to have a broker account to trade and no...
  4. danielc1

    Mark Minervini like trades

    This tells nothing about the capabilities of a trader. I had a party once where a friend kept bothering me of a name of a stock where I'm in. Next gathering he was telling everyone how it is impossible that I make money in trading, because the stock went south. Reality is that only about 40...
  5. danielc1

    Intuition in trading.

    Maybe all the traders that think they are cold and rational are using their intuition and all the traders that think they are using their intuition are the cold and rational ones...
  6. danielc1

    Mark Minervini like trades

    Omg... you really have trust issues
  7. danielc1

    Mark Minervini like trades

    He is one of the traders in the books of Market Wizards by Jack Schwager. Jack does his research very thoroughly to find the best performers for his books...
  8. danielc1

    What if our trades were guided by seeing support-resistance zones before the market catches on?

    When you have a support or resistance area, no software in the world can predict what is going to happen before the fact. You can use software to find support or resistance area, but the software looks back, not forward. And when you have the support and resistance area, it still is a...
  9. danielc1

    Two Questions For Practicing Day Traders

    I also look at my metrics in regards of R and not percentages of capital. My typical day is four trades and I shoot for a 2r+ a day. In a month I would have about 10 day's ending + 2r and the rest of the month day's cancel each other out. So, realistically, I average about +20r a month, 200r a...
  10. danielc1

    How to handle a small account?

    What is small? I remember a talk with someone a few years back about the amount in a trading account he had, and he kept saying he had a small account. Later found out his account was in the top 1% of the broker where he had the account.
  11. danielc1

    Why are many posters on ET afflicted with the Dunning Kreuger effect?

    There is comfort in a delusional mind. Everyone is delusional in something in his life.
  12. danielc1

    Index trading course where can I find a good one?

    Are you talking to me? I ain´t selling to you. If you want audit proof of the names I gave here: Mark Minervini has won the world trading cup twice. His students win regularly and he him self is a student of the other name I have given here: William O'Neil
  13. danielc1

    Index trading course where can I find a good one?

    I must be living in another world... I find mentors and traders who also sell courses and are successful in trading: William O Neil, Mark Minervini Ken Long... Are some people on the top of my head, that do both...
  14. danielc1

    Index trading course where can I find a good one?

    I do one better then showing a bankaccount with money, that could come from anywhere. I show them real-time sitting next to me, my trading and the results. Your idea of just scaling to make more, is still in the realm of that money is the only motivation to help someone on his way in trading. I...
  15. danielc1

    Index trading course where can I find a good one?

    Been there, done that. It just doesn't work for me or for the student. Most student do not commit without money.
  16. danielc1

    Index trading course where can I find a good one?

    There are more nuances in the story of selling a course or teaching someone to trade. Money is not the only motivation. I could hire people to take care of the business side. It is more that most people have no clue what it takes to become a consistent profitable trader and do not have the...
  17. danielc1

    Index trading course where can I find a good one?

    I have been playing around with having a kind of mentorship service. Just to help someone on their way. I would also like to document every step for my upgrowing children to be able to have them have access to this kind of lifestyle. But it is like you say. The hassle with outsiders is not worth...
  18. danielc1

    Back test your decision to use back testing

    You have put some necessary nuances in this discussion, thank you. Nothing is black or white and for every one way someone will show the exact opposite way and also make a succes out of it. I will read the book, thank you for the suggestion. With that said, I started my trading career with a...
  19. danielc1

    Back test your decision to use back testing

    Do you think my opinion is so far out? I think there are more hammers sold to people that do not know how to make money with a hammer, then all the carpenters combined that buy a hammer and make a living out of it. I believe it is the same with all the software vendors that sell all kind of...
  20. danielc1

    Back test your decision to use back testing

    Nah, they are making to much money to take this seriously
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