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    Enter the market at any price

    True A random entry with good exit strategy will be profitable.
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    Turnaround time

    If they have openings and interest, you should hear back within 2 weeks. What do you trade? I'm starting a trading team if you're experienced and qualified.
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    Anyone know what happened..

    More like a poker player checking the opponents hands by betting at the pot. The player gets the info. Other players that can observe also get the same info. The 12:20-25 trades were a test to see if the market had legs underneath it. It did.
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    Anyone know what happened..

    "Tell" trade was at 12:20 - 12:25. This was a residual of that to position for the afternoon. Very common during noon-2:30 pm.
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    self-sabotage

    I've had experience with this problem. In short, I found if I had a goal that my self-concious believed was not doable, then I'd self-sabotage my trading. Once I realized this and changed my goals the self-sabotage stopped.
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    Opening Range Breakout, for Futures and Equities

    Next, you'd check the time both sides of the high/low are made. As you can see, if you've caught the day high/low early, it's to your benefit to hold the trade until the close.
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    Opening Range Breakout, for Futures and Equities

    Here's something to help get the thread back on track. The theory behind orb is that the high/low of the day is likely to be made early and the low/high of the closeout is likely to be done later in the day. This is why it would be called a breakout. It's pretty easy to check if the...
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    traders who are deeply religious

    Probably irrelevant. I've traded with many agnostics that had ice water in their veins. It's more likely confidence born from a positive track record that allows someone to handle "pressure". Actually every time I've gotten kicked hard by a market I've said to myself "that's interesting" and...
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    traders who are deeply religious

    Sure, the parable of the talents in Matthew 25:14 - 30. Man given 5 talents invests/trades and creates 5 talents more. When his master returns he is told "well done, good and faithful servent. You have been faithful with a few things; I will put you in charge of many things." Money is not...
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    Profitable traders how much do you risk per postion?

    I'm assuming you'd increase size to take advantage of geometric growth of return. If you risked say 1% to achieve 20% returns you're saying I could risk 2% and have 50% returns. The same level of reward:risk can be achieved by using reverse notional funding. All you'd do is figure the fully...
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    Profitable traders how much do you risk per postion?

    Trading is not about maximizing profit but rather maximizing the reward (profit) to risk (max. drawdown) ratio. In optimal F the maximum reward:risk ratio is achieved at the optimal F. By using reverse notional sizing anyone can achieve the same reward:risk ratio independent of the max...
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    Profitable traders how much do you risk per postion?

    I'm not concerned with risk of ruin. I hate deep drawdowns. My testing has shown me the single biggest factor in the depth of a drawdown is the amount risked per-trade. At 1.5% at some time a account will experience a 30%+ drawdown. For my trading, 10% is as much of a drawdown as I'm willing to...
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    Toby Cabrel book is it worth it?

    At $450 it's a bargain. If you're looking to plug in a formula and make big bucks forget it. If you want to learn about the process of trading off the open, it's priceless.
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    Profitable traders how much do you risk per postion?

    Could never imagine risking more than 1.5% per-trade.
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    VWAP Trading Strategies

    http://www.itginc.com/research/whitepapers/madhavan/TP_Spring_2002_Madhavan.pdf
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    What tends to trend the best presently?

    Here's the ranking of trendiness by market from strongest to weakest for everything I follow.
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    Cant break in this business

    Standard path to becoming a trader is a BSBA from a good university, a MBA from a top 5 school, a SAT min. of 1250, and a competitive spirit that won't quit. Everybody on wall street uses this for basic education: http://www.nyif.com/ You find find specific requirements for most trading...
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    System Development with acrary

    Well, if you want to work here is the basics. For every system I develop I use DUM. D - Define All systems are based on finding and pulling a fundamental truth about the market. Define what fundamental truth you'll be going after. Ex. All markets have a tendency to trend beyond...
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    System Development with acrary

    Missed the attachment.
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    System Development with acrary

    I guess one last one. Here's the ES market from 1997 to the present.
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