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Haha... Sun Tsu advised against invading places like Russia in the winter, for all the reasons that came to pass. Both Hitler and Napoleon would have been wise the think harder about the advice given in Sun Tsu's: The Art or War The Art of War is the most studied military manual in the world...

Excellent question! Most people are flat loser or at best marginal, including ET members, so don't expect too much. Your goal should be to develop a personal relationship with a winning trader and add value to the relative, but you may not be able to do this. Gurus-for-hire are mostly...

Just say no! Don't trade after the morning prime time for three months and see how you do and how you feel. There are no doubt a lot of pleasurable or simply just productibe things you can do with that extra time.

Know your edge, exploit your edge-- survive the game Prudent risk management is not an edge, it is a separate factor to manage. Risk management will not turn a negative expectation game into a positive expectation game! Try managing your risk on an unbiased and honest roulette wheel...

The algos will interpret the news and trade on it faster than you, as a day trader, ever could. Really.

Ask the algos that trade the news quicker than people.

I make my trades on the advice of my magic 8-ball but I hear crystal balls work better. Maybe the Pelosi's have a crystal ball that helps them make exceptional trades (?)

The reoccurring bid/ask spread is one key reason mom and pop retail options traders get destroyed, regardless of what magic system promising and edge they have brought.

Traders of the New Era. The author posts on ET. Wish more chapters would be added in a third Kindle release, though there are already a wealth of interviews in the book. I especially enjoyed the chapter Bot Destroyer, as well as the explanations of why limit orders are not the panecea most...

I am not printing money!

If you press Max and Market on your retirement account (401K for example) month after month, decade after decade, you will be on a reasonable path.

I notice Point72 has not crushed the market.

No struggle at all, just produce found from the proper wallet. Unless Satoshi forgot his password!

Thoughts? Conclusions of the WSJ opinion piece: Unless the U.S. can organize a national response analogous to the mobilization that created the technologies that won World War II, China could soon dominate the technologies of the future and the opportunities they will create...

True. Thanks for the book tip!

Don't give money to other people to trade for you. Press Max and Market on your retirement savings account: Forced savings, sometimes employer matches, long-term investment, and massive tax advantages!

Illiquidity and excessive leverage have been the downfall of many, from overally optimistic day traders all the way up to King Term Capital. The best traders successfully weave together: Edge Risk Management Opportunity Cost

On a separate note: Cathie is a trader who can quickly cut a position that has a thesis gone wrong, as well as an investor: See BABA and Z. (I own no Cathie ETF. However, I like this quality and many people do not have it)

Cherry picking short-term results makes you sound both unknowledgeable and desperate to bolster your case. If you compare ARKK to either the QQQ or SPY since the inception of ARKk, you will find ARKK has crushed the market. I am not implying that a track record starting in 2014 is all one...