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    Question for all of you actually making a living trading options

    you do not need delta, theta,.. volume. nothing. if you have luck,all money is yours. market is full of suckers. I always treat buying options as buying lottery ticket. everyday every hour every minute every second BIG LOTTERY WINNERS are announced. some people try to make sense...
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    I must stop a losing streak!

    on the contrary, those are the gold time of professionals. since I normally traded those time segment. if I missed, then I do it late afternoon. 9:00AM is NG/CL GOLD trading time. NG yesterady dropped big, that is teh best time for me. 2: 00PM~2:30PM another gold time 8:30AM is...
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    How long did it take you to find your edge?

    come on, can you realzie it is wrong or your trade failed? there is no failed trade in the world, only failed traders. traders fail themseves. you will never be right since the market walks not precitably. buy dip, dip continues. sell pop, pop keeps on. buy rally, rally peaks. sell drop...
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    2014: The Battle for Survival

    you need go to apply for military training.like SEARS. how about jail? I am wondering how many traders are subtaging themselves for successful trading. I am a lousy trader. I do not curse myself if I made mistakes. we are human beings. do not try to be Adam and Eve. just admit: God, I...
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    $50,000 turned into $1M

    you just need believe in one trade. most people are doing the contrary. when crash, they wait, in a bull market, buy dip is the very efficient. when up, they are stuck, why, they wait again for the dip, but it marches higher. then everything looks great, it seems SKY NO FALLING, they jump...
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    Darvas, O'Neil style value investing vs. int. article about poker as a zero sum game

    I prefer O'Neil's style. as for poke, I think you should learn two things from Poke. first, about control. you always need put yourself in a situation: you can attack, also you can yield. each step forward is totally under your control. you are not in a passive situation: forced to take a...
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    Hit new highs or crash?

    the same thing I did. bought the "news" dip. umemp.rate is 6.6%. Fed's thrashold is 6.5%. No further money will be injected into the stock market, but today I bet it is still green. if the economy growth outpaces thewithdrawal, we still have some meaningful bounce.
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    I must stop a losing streak!

    that is why monkey love system trading. monkey's brain is the similar size of human being. but monkey never can gain financial freedom through mechincial trading. I know it.
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    I must stop a losing streak!

    if you never have loss, that means you are not a gambler. if not, you are a gambler too. should be proud of that, not shamed of that. I admit I am a gambler. why? I do not know what will happen today or tommorrow, but I do know the market will be still there, up and down, sometime it...
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    I must stop a losing streak!

    start with small profit when people lose, they bceome greedy; they get profit, they do not book, and wait for more. book profit, do not think about leaving profit on the table. aim on small profit. or put yourself in "hit and run" mode, you will feel good when each time succeeds, just like...
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    I must stop a losing streak!

    if you want to stop loss. the first thing is: stop trading no matter you have a position or not, just stop. if the position is red and no margin involved, hold and wait, maybe days,or weeks, or even months, even years. when it becomes green,lock it. use option to lock or trail stop(stop does...
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    I must stop a losing streak!

    some souls know. when someones are busy about their charts and lots of reasons analysis, I loaded dips. here we go. be practical. charts? everyone can see it, why so many souls lost I know they glue their eyes almost 24/7/30/365, regiously backtest,paper trading, but what happens, they...
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    Having a system vs freewheeling

    Execuses are sins we human beings are born with. when Adam commited sins, he blamed Eve, then Eve blamed the serpert,... come on, when your system does notwork, I bet you will say "I fail since my system is not good", no matter what, all faults are from outsiders. EXECUSES are the...
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    Having a system vs freewheeling

    those who seek systems are freewheeling traders. intutive trading is far more suprior than those systems. intutitives mean prcossing information forward (can immedaitely factor in new clues new developments). system is built-in, it can use its old knowledge. when drive on a road, yes...
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    Having a system vs freewheeling

    intutive trading is the right choice. you should forget about the system. market is keeping evoloving. the edge human being has over a mechical system is HUMAN being has instincts. I remeber when I first started trading, I immediately sensed when the market was dropping, I ran away...
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    I must stop a losing streak!

    a market is defined by the its behaviors, not the symbol itself. I once each day just trade GAP up and Gap down,only hottest in the session. that is a specific market bahavior. most people lost because they trade too generic market behaviors. ES trending session is really just small...
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    I must stop a losing streak!

    california. sunny state?! is that a joke? I once lived in San Francisco three years. I love that place. it is the most wheather kindest place on the earth. lost 11k, and feel big hit? you are not suitable for trading. gee, you are not a trader. your mental status is not correct.
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    Trading with a Stop Loss in the Futures Market is for Losers

    trading future is stupid in the first place. only you have fast fingers and sound intuitives. small retail traders should never touch futures. 1. you can not control loss: the market most time is just coin-flipping 2. you can not afford to lose: 2%move, you are gone, you cannot...
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    Basic question for experienced options traders

    yes, you are right. that is why I keep saying OPTION OPTION, the best tool to make a fortune. I am shorting calls of S&P 500, play timedecay. alsoboughtlots of s&p 500puts. people will always say: same smae, afterdrop, it will climb back. ignore those naives. let's smile. the most...
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    Re: The Market Bottomed Near-Term Yesterday

    fortune can be made overnight in a downslide. Rome is not built overnight. but in one day Rome can be gone.
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