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    is this a prop firm?

    If you are learning 9.95 a trade will not be great for your bottom line, trading small lots. Better off finding a place where you pay per share etc.
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    Wizetrade...these audio/videos say it all ;-)

    I have other stuff to do but the email from this thread popped up and I had an idea. We can create our own "Wizetrade" here and see how it compares. I am assuming without reading anymore about Wizetrade specifically that the "red light" / "green light" is a signal from a cross of an two EMAs...
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    Wizetrade...these audio/videos say it all ;-)

    "Each business day, as thousands of traditional investors choose their stocks, you can use Wizetrade to capitalize on their actions (whether they're buying or selling). Think of these throngs of investors as worker bees creating honey in the form of supply and demand. Wizetrade puts you in the...
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    I went to Gambler's Anonymous

    Thanks for the multiple illustrations. The common thread to all of this is uncertainty. Since the future of anything is uncertain, every decision to take an action, lets say an occupation, is a risk. Trading, in my opinion, brings on more potential risk per unit of time, so those who have not...
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    I think I'm gonna go to Gambler's Anonymous

    Now that was both entertaining and educational.
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    How do you deal with Starting the Day out with Losses?

    But what if you get to love push-ups? Then wouldn't you make bad trades just so you could get to do them? Ahhhhhhh..........
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    Imagine that ANYBODY can become very rich ...

    Well put, everything is relative. Even the poorest in our country here control more resources than many people in other countries. Good point.
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    Imagine that ANYBODY can become very rich ...

    I believe the original thread was entitled "Imagine that ANYBODY can become very rich...." It did not say "EVERYBODY." There will be plenty of people to serve you lunch and dinner at restaurants. Not everyone chooses to be rich, and just saying "I want to," is not enough. A committment...
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    How do you deal with Starting the Day out with Losses?

    Reread my post...forgot to include: If you are worried about the losses, then reduce your position size to the smallest tradable increment until you can take the loss with no emotional upset, at least a neutral feeling, if not a good feeling. Do this for some prescribed number of...
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    How do you deal with Starting the Day out with Losses?

    What works for me on this issue is as follows, in this order: 1. Any area of stress or failure to reach an expectation of your trading, where you truly believe it should or could be, needs to be not defined as a mistake, but as the perfect representation of your skill level, at that point in...
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    Van K. Tharp's Random Entry System

    you have good money management, you can use sunspots, astrology, tarot cards, and you will make money. I think thats his point, and if you did it with small enough size that you could execute with perfection, you would see it too.
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    How do you deal with Starting the Day out with Losses?

    It depends why you are having losing trades. If you are applying your system by your rules then by definition of probability trading you do not cut back and you do not stop trading. Remember, or if you can't remember this you should know that each trade has a random outcome, however, over a...
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    Discipline - ideas to improve it

    Well, the exact timing or amount of my stops wasn't the thing...but I am talking about not stopping out at $100.00. As in letting them run. This is the behavior I want to eradicate completely, because it makes such a difference in my bottom line results, as well as how I manage my energy...
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    Discipline - ideas to improve it

    My issue is pretty much trade management. All the money I make or give away is a function of one simple but not yet conditioned thing regarding my trading: holding it to the precise stop. I make money, however I have begun to take the difference between my actual stops on losing trades and...
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    series seven

    I bought the book, read it, took the practice exams. Decided I needed some help with derivative calculations for speed, and took a 3 day refresher course 1 week before the test. I read the book for about a month or two during the trading day. I ended up doing the best on the derivatives, and...
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    Questions for a Rookie...Please explore

    Okay thanks that jogs my memory.
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    Questions for a Rookie...Please explore

    Most people refer to southern orange county from Newport Beach to Dana point the Gold Coast. I was unaware that anything back east compared to that. But your post is sparking my quest for anything that equates.
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    Handling Skepticism from Loved Ones

    Exactly how will you determine this? I think in your situation its important but is this the best thing for your trading or your development as a trader? If the question is whether or not it works out quickly enough, I think the answer is pretty clear, you should probably not trade under...
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    Handling Skepticism from Loved Ones

    How can we know exactly what anyone elses plan is when they communicate to us? It can be any one, all or a combination of the things mentioned thus far in this thread. Generally, with trading, its about fear. However nice it feels to try to placate their concerns, we cannot control the...
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    statistical arbitrage

    In equities alone there are 7000x7000 possible pairs, roughly. Thats a large number, 49 million, and especially with the short term risk monitoring (trading as I like to call it) available to all of us, can you truly say that its dead? Maybe you haven't check for a pulse in the right places.
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