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Ddog, I trusted my profit and loss. I went from losing money to making it. Runningbear

Or in the Fight Club sense we are all dying. From the moment we are born. Optional777 Have you read 'The Sun also Rises' by Hemingway? It is always darkest just before dawn. Runningbear

Inandlong, Hows our line in the sand system doing. We'd be up 5% already wouldn't we? Runningbear

A trader I admire said the secret to trading is as follows. A. Find a system that works B. Prove it works C. Trade it I reckon thats pretty good advice. The second greatest piece of advice I ever recieved was. "The way to make money in the stockmarket it to not lose it." Too...

WDGann, Yep I practiced Kyokushin. But my fight career didn't last too long. A broken hand and a broken foot convinced me to move to safer sports, so I took up Boxing. Runningbear

Greed is the desire to have more than you need, or more than what's good for you. Greed and ego are the enemy of the trader. Runningbear

Gordon, I know this may sound like painfully stupid advice, but the thing that turned me around as a trader was simply looking at charts. Not charts with stupid indicators all over them, just bar charts. I'd look at support and resistance points. How they broke, how they retraced, how they...

Gordon, What do you want to get out of trading? Runningbear

Back in the days when I used to fight full contact karate. That's bare fisted for the purists, our gym had a sign on the wall that read: False Estimate of Actual Reality My first tournament was a knockout competition. 8 fighters. Winner continues on to the final. If you make the final...

False Estimate of Actual Reality Runningbear

'Zen and the art of making a living' is very good. Authors name escapes me. The psychology of finance, Tvede Runningbear

If you can average 2 or 3 points a day, you're officiallly a legend. Runningbear

Inandlong, Here are my four stocks. As I believe most NASDAQ 100 stocks are pretty much worthless, I simply picked four with the very high share prices. These are: ESRX ERTS AMGN CDWL Also can we throw in the QQQ just for fun. To make it a fair, should we allow an amount...

Tommorrow is also significant for Gann followers. Looks like an exiting day for all. Runningbear

Inandlong, I know Profitseer, stole the line in the sand from you but did you get it from anywhere else? Or was it one of your own? Runningbear

Profitseer, Rather than have a trailing stop, maybe its better to exit into strength and draw a new line in the sand at a location when the market is likely to counter trend. You could identify this point by a daily RSI figure, or something similar. Each time the market becomes stretched...

Profitseer, I still believe that in theory at least, the system is less likely to whip you back and forth arcoss the line when the market is extremly overbought or oversold. During sideways movements it will give back a lot of profit. Thats why drawing a line in the sand just outside...

Andy, At one point I sat though about 35 days of near no profits using my range breakout system, then bounced back with a 20% profit in one week! Look at it like this. You can only take whaat the market will give and its not giving much at the moment. If you had followed all your rules...

In and long, Yes its Tradestation code. But as a system it has some massive shortcomings. It just shows that a system can be extremely simple and still make money. Profitseer, you're really got me excited about this line in the sand system. A good mathematician could probably calculate...

This is from another forum where someone put up the shortest profitable system code. It is on weekly data for the S&P. It returned about $500,00 in profit over 10 years trading one contract if c>c[1] then sell else buy; Just goes to show the simple ideas are often the best Runningbear