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Ankedoten used a trend following strategy for intra-day trading. He waited for an established, significant trend and entered on a pull-back. He pyramided into positions. See http://www.elitetrader.com/vb/showthread.php?threadid=99283

Trend following worked for the turtles. They didn't worry about being stopped out by an opposing trend or reversing trades. They exited if their stop was hit or if there was a cross of a 10 or 20 period donchian against their position. They didn't use profit targets, but they did add to...

That's a lot of work for $24 and change. Why don't you trade futures, so you can get around the pattern day trader limitation and get some leverage? Trade like a Vulcan, with no emotion. Live long and prosper.

Sheeeeeeeeeeeet, Mr. Pink, aka senor_pinche_wey, should pick up a few shares for himself.

According to the authors of the articles, not "everywhere" and not "always".

Brilliant phucking research! What's next, a study concluding that broke, stupid, ugly guys don't get laid much either?

Gann and Hershey are similar in this regard. They both had devoted followers and were accused of being over-rated gurus. See for example http://searchwarp.com/swa66057.htm As for Hershey, I presume you've seen the posts that pop-up here from time-to-time, pointing out his many failings.

Same bum with a vastly improved business plan: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2874985> His conversion is much improved with a few minor changes. See http://dailyconversions.com/all-posts/always-split-test/

Even bums need a good business plan. Here's a bum with a lousy business plan: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2874994>

Gann talked a lot like Jack Hershey. No one could ever understand what the heck he was talking about.

A couple of suggestions. First, see a recent presentation by Netflix about the future of their own business, which includes the following chart: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2874759> As you can see, their business is still growing, and will not start to...

Why is the download an .exe file? Can't you just attach an image file to your post like other people? It looks like you're trying to pull some kind of scam.

I think it does make a difference. If you're at a churn-and-burn firm that preys on new traders, it's going to take a long time to become consistent. The transition is likely to be much shorter if you're at a legit prop shop that has an interest in seeing new traders succeed with a historically...

You must have infinite patience grasshopper, which means I don't know. From what I've read, only a very small percentage ever becomes consistently profitable. How long have you been with the prop firm? What kind of prop firm is it? Did you have to put up a deposit or pay a training fee? Is there...

This is a pretty boring journal. How about posting a chart?

What did the previous back test show? Is six losers in a row that unusual for the system? What percentage of the trades should be winners based on the back testing?

Back before Google was a multi-billion dollar company, people thought that search had already been done. Yahoo had a search box on their portal and you could also search through Ask or Excite and few saw the point of starting a new business based on web searches. It seemed insane with big...

I don't have any personal experience with Chimera or other prop firms. I saw a reference to Chimera in the trader's health insurance thread, and checked out their website. Maybe someone else will come along that has more information about Chimera and other prop firms that offer similar...

Why don't you try Chimera Securities. They don't require a deposit or training fee. See their FAQs, in particular #10: They have several locations: They even offer health insurance. From their FAQs again:

Yeah, you should just day trade instead. :) On a more serious note, why don't you try the y-combinator? They'll supply you with the legal information and documents, some seed money, and invaluable contacts and advice. If you're going to lose your ass, you might as well do it in style...