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Yes...I have been sucked back into this black hole of the trading world known as Elite Trader. The damn webmaster and moderators ought to be sued for false advertising. There are a few traders here that actually trade and make their nut, but I can see that they are in the minority. A lot of...

Elite Trader is a joke and laughing stock of the internet. I come here to check out the platform and broker reviews yet I always get pulled in to some screwed up convo. There is a big difference between an income trader and a trader that is seeking some yearly performance goal. Nodoji has been...

Damn son if you have to ask a question like that then you definitely don't need to be trading options let alone writing naked calls;however now isn't that bad a time to do it as long as you are doing front-month options. I could recommend you a few sites and books to review but I don't want to...

I actually trade the UK FTSE index. I normally use a 2 minute bar chart. The figures I was quoting in my example was, for exampe, 5237, 5231,5247. So my initial "perceived" risk reward is 10 to 6 slightly less than 2. You do make a good point that once, as per the example, the market reaches...

Never let a profit turn into a loss. On the face of it, this looks like very sound advice. However I find quite often adhering to this rule costs me money although I am right about the direction of the market. Here is a scenario as an example. Go long at 37 stop at 31 profit target 47 market...