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Dan Zanger's method is basically trading breakouts. He's got tens of millions of dollars in documented successful trading. I won't vouch for actually being able to learn it from his website/newsletter (in fact I think he may have said that he has rarely if ever taught other people his method)...

The best traders cultivate a bad memory. Just like Kobe Bryant, the previous shot, good or bad, does not influence their decision whether to take the current shot. After a bad loss, you need to do whatever works for you to regain your ability to trade from a neutral standpoint, without...

(Assuming you're in the US.) Any licensed CPA should be able to do this for you. If your regular tax guy doesn't feel comfortable with it, look for a forensic accountant -- this is the type of analysis they do all the time. The best way to find a CPA is through the CPA societies, state or...

This is almost exactly what is in John Carter's book about opening gap: http://www.cbot.com/cbot/pub/cont_detail/0,3206,1070+14719,00.html

Great traders have the unusual combination of confidence and humility. A mentor should encourage both. Beginners need to have the confidence to overcome the odds, but be humble enough to admit and learn from mistakes and from others. Best advice to green would-be traders is to give them 3-5...

Most people confuse the word math with arithmetic. The status of math genius is frequently attributed to anyone who spends the day looking at and working with numbers. Arithmetic knowledge is helpful but not 100% necessary in trading if one is prepared to commit one's very first trading profits...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=82318

Make it even more bullet-proof: Every single order goes in with a stop attached (OTO = one triggers another). You are never allowed to hold a position without a stop, even for a few seconds. Move stops only toward your target. Or use auto-trailing stops, with or w/o scale-out. Even better, put...

I agree.

You got me! My bad. :-)

1. Rate this thread button 2. Rate this post button 3. Rate this member (+/-) and can only vote once on a particular member 4. Also, it would be helpful if the forum categories were organized in a fashion that would help readers focus on the threads they want to read. For example...

This is something I have been thinking about for some time, and I wonder if it might be a new business model, or perhaps just an idea for traders to take up. (Or maybe an old idea -- the origin of the prop shop or investment club?) I believe there is a need for the physical equivalent of a...

Day after Thanksgiving there was a special at Fry's, where I bought a 20.1" Samsung 203B monitor for $189.99 B4 tax, after $40 rebate. 3 year mfg warranty, great specs, not refurbished not open box. Not widescreen (which has fewer square inches per diag inch, better for movie-watching than...

Excellent thread. Hope you're not going to limit us to only one quote each. "Your first goal must be long-term survival; your second goal, a steady growth of capital; and your third goal, making high profits. Most traders put the third goal first and are unaware that goals 1 and 2 exist." --...

"When I was young, I was called a gambler. As the scale of my operations increased, I was known as a speculator. Now I am called a banker. But I have been doing the same thing all the time." -- Sir Ernest Cassel, banker to King Edward VII

ProfLogic: Why is he not on your ignore list?

Actually that doesn't seem to work. I hope I don't get slaughtered for doing this, but. . . PM me if you want the names of the substitutes for TradeBolt. I have no financial interest, just trying to be helpful.