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You are funny. I've made, in a trade, $4500 on a $15,000 account. Congratulations on you having $200,000 in your trading account. I might guess that your conservative style of trading will keep you at $200,000 for a while. Let's be honest: how long have you been at $200,000? That is better...

Yes. That's what I was talking about when I mentioned "wiggle room" I've found that small size lets you still make money even if the original entry point wasn't the best place to get long or short (i.e. if you sell 2 at 105 evens and it goes up to 105 1/32, then you can decide if whether to...

Watch the language....people might begin to think you're a trailer trash brit. you may be right. I may lose my remaining cash. But in the end, I will survive. hmmm...you have one post....sounds like you may be mr. Mowery in disguise. lol

Don't give up. When you say something that I find useful I'll start listening.

I believe you learn poker by playing poker not by reading about poker. Can I ask you a question? Have you ever traded? I know some pretty successful traders who started out with $25,000, and one $50,000. I don't care what money managers make. All I know is that year in year out, my trader...

I started this thread 2 days ago. lol I don't think you even need to be right more than you are wrong; so long as your losses are much smaller than your gains you can still be successful being wrong more than you are right. I really do believe that. Thanks

I've traded the FITE and the NOB before. Problem is that I always wound up getting amazing prices in the spread because I would wait before I would put on the second leg of the spread. I decided "what is the point of trading the spread when I am really betting on market direction after all?"...

The point I was trying to make is that I can take losses without getting emotional. Losses can teach valuable lessons. I take large gains as well but I don't always cut my losses. If I could somehow find a way to continue to take large gains and at the same time keep my losses small I will be...

So what you are saying is that with a $200,000 account, one can't expect to make more than $150 per day? You obviously do not know what you are talking about. the problem with money management firms is that when you trade a massive account of hundreds of millions or billions of dollars, it...

great post thanks for the insight.

You are so right about that. I have A and B set. My biggest problem is part C. I don't always stop my losses where I should. Thanks

Have you ever suffered a major loss in trading? I would say probably not because if you had you would not longer be trading; that is, you'd probably give up. Your attitude seems to be: if i lose too much, let me do myself a favor and just move on. Sorry but that is not very inspiring at all...

The emotions are for the most part gone. I do wake up sometimes feeling like shit though but I quickly remember the positive: I'm not completely done yet and I've learned quite a lot about the bond market. Thanks

My edge is my tendency to ride profits for a long time. I am extremely patient as a trader. If I can learn to also keep my losses small, then I will do fine, one day.

I don't believe I am any less capable than any other trader out there. I believe with time I will develop a deep understanding of the bond market. I am not one to simply give up on a market just because I lost money. If I lose the rest of my money, then I will have to go to work, save up, and...

Thanks for that insight. I'm not trading 9-lots but 6-lots. My balance is actually 8K. I get what you are saying.

For you to say "you had no business being there" is to assume that you speak from a position of someone who does belong there. Is this true? Just curious

I think I am the definition of persistence. I don't think I'll ever give up on this. I thank you for your positive comments

This is especially the case with bonds which sometimes only move 10 ticks in a day. I'm afraid of position trading over days because I may wake up one morning to find we are limit down in bonds. Then my career could be over in one shot. How do you avoid the risk of inter-day gaps in...

Thanks for your inspiring words