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good point

Mike, lots of wisdom in your thought. can you please share some more relationship between price and time. I find it most important whne day trading. One thing i know: if i am long and the market just sits at one spot i am gonna quit (from my experience it reverses back often)

Steve, what are your filters to know if it is going to be a trend day or not?

has anyone here traded for Refco prop firms or been a trainee trader? if so please share some experience:D

i guess the ones who pulled 1.5 $ mil a year were top dogs

jrsmee, can you please tell about your experience prop trading for a prop trading firm? why you're happy you dont do this anymore?

does anyone have historical data of KOPSI so that i can backtest some systems and see how differently it behaves in Korea?

the world's not fair i agree

i loved these latest posts! thanks to everyone for their thoughts coming from experience... let me add my 0.02 $ i've been podering about money and happiness and how they are connected. Ozzy's right, you can have a little money and still be rich if your spiritual side is happy. Money just...

ozzy, thanks so much for sincerely sharing your experience! did you read The Reminiscences of Stock Operator? Jesse Livermore got wiped out 4 times. i look up at this guy, the only thing i dont learn from him is his "hobby" not to learn from his mistakes. After he made 100 mil $ on 1929...

Dan. people who take trading as a BUSINESS never grind away in front of their screens, they look for the short term opporunities to catch, they never enter the trade when their set ups are not there, thats what distinguishing a losing and winning trader.

Ozzy do you reside in North Van?:D poor people i guess mostly those who dont wanna work at all, i saw these folks near bus terminal at the park (Main Street). druggies and all others who want money for the stuff they like using. my friend's garage in Coquitlam got broken into!

any guys/gals from Greater Vancouver/Victoria area trade for the local proprietary trading firms?

no pics can describe the beauty of local girls :)

Steve i'd join you

coolweb, your entire behaviour is not a trader's one, its rather unethical. theres nothing to learn from unethical traders with BIG EGOS

piphunter i agree with you, trading from europe is the best location to be at... here we got european markets in the morning then get a break for an hour and trade US markets, but dude its not a life!

dude, show the money and then talk! look how real man do it: http://www.traderstech.net/site/pages/all_statements.html its eays to say, i was in from and out from, heck with it.

coolweb wrote coolweb, by saying this you just proved us that you're a SUCKER!!! you go against the axiom that newbies usually go. if you read Steve Cohen's interview in Stock Market Wizards you know that he makes his most $$$ only out of 5% of his trades. what it means for you? MOST OF THE...

Democracyman wrote Democracyman, in order to make a living in this business, you have to love doing it, if you're here only cos you NEED money and not cos you LOVE the game, you wont be successful, the biggest players such as Bruce Covner and others could do it only for scores even if money...