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Thank you, Jeff, for that apropos quote. I can only add that old traders can find no excuse for failure in age. In the interest of full disclosure, I am nearly 64 (in this life), manage not inconsequential family funds, and daytrade around those positions to avoid the temptation to overtrade. I...

There is a great spirit of charity and sharing abroad in the land of ET perhaps best exemplified by this thread: http://www.elitetrader.com/vb/showthread.php?threadid=141661 Its value is self-evident from the clear fact that its protagonists are protegees of ET, in the classical and French...

I wish we had a forum called Philosophy. Because for me trading is more philosophical than psychological. In the bottom pane of the attachment is one of my favorite indicators. You are looking at a one-second chart of NQ. You see the momentary gold bars embedded in the green background? The...

Sorry to be late to the party. I have been out standing in a field in a deep trance for two days, you know, the trance thing (been thinking of going to Spain, so I can have catatonia in Catalonia). Actually it is quite refreshing to escape the cacophony in our heads once in a while. My advice to...

JimmyJam, what I am seeing here is difficulty accepting reality. Young men are impetuous. Impatient. Egotistical. Not that you have to be as old as me to trade well, but you have to have been in your skin long enough to know yourself. Price turns (and the accompanying volume patterns, if you...

I think the simple truth here is that you arer expecting too much from futures daytrading, given your experience, finances, and goals. It is encouraging, however, that you can hold all day. I recommend that you keep working, build up your trading account, and concentrate on swingtrading with...

I yield to Opie's superior posterior. In the immortal words of Harry Truman, "If you're gettin' on, I'm gettin' off." Bye.

Mark, my poor attempt to mentor impersonally over the web surely is no worse than trying to get it from a book, or from some raving fucking egomaniacal guru on ET. Despite the probable differences in our ages, I am just far enough ahead of him as a trader to do him some good. The pain and...

OK, Billions, you have probably figured out what I am getting at. IMO to achieve initial success at trading you cannot expect it to carry too much freight. Trading success is like sex. The more desperately you need it, the less likely you are to get it. You have to trade initially purely for the...

My dear misguided young men, the ultimate is having sex WHILE you are trading.

If so, it certainly is unintentional. Trading is a serious business. Rivalled only by sex. How many people here think they'd get laid more if they were successful? And how many would give up half of their miserable sex lives to be successful traders?

Got it. Can you achieve your financial goals to buy all the pretty things you want if you DON'T trade? I think you see where we're going here.

THanks for that explanation. Wouldy ou please tell me your age, and if you consider yourself successful at some other endeavor than trading? Not necessarily work, it could be sports or a creative art, anything. I ask because if trading is a need to be a success at somehting, that is important to...

Billions, permit me to congratulate you on your extraordinary courage in starting this journal. To begin, would you please tell us why you began trading in the first place? My belief is that your reasons for trading are important to devising profitable trading strategies. Best regards.

TB, I wish to keep the communication public so all can benefit. Please start a thread in Journals with an appropriate title, with proper obeisances to Magna so he will understand the thread's objectives, and we shall commence. I apologize in advance that my responses will be intermittent, as I...

No. I am an ET original. Homegrown US, like a turnip. But this is not about me. It is about helping Billiones (rhymes with colleones) achieve his full potential as a futures trader.

Not necessary. If you read the dialogues carefully, those questioned by Socrates either became aggravated at the tedious banality of his questions, or became enlightened without realizing how. Very NLP IMO. And not entirely dissimilar from the methods of Siddhatta Gautama.

In essence, that everything is already known to what we now call the unconscious mind, and that it can be brought into conscious awareness by skillful questioning. Particularly apropos to trading IMO.

I would be willing to dispense with my cherished verbosity, if in return he would give up his entitled attitude.

I do not trade your preferrred instruments, but futures trading is futures trading. I will mentor you for free with no financial strings attached if you can agree to the following: 1) the mentoring is to be 100% public for the benefit of all ET (your giving thing) 2) it will take place in...