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So far it's good to have a job for the food and health insurance. Trading (short term intraday) in the morning works out too without the added pressure. I am quite happy with the arrangement (although very tired). New equity high today! :)

I remember many years ago when I was in college, quite a few people transfer from and to my U after two years (repositioning). If you keep your grade up, that could be an option to look into?? P.S. Sorry, I didn't see the "extensive experience..."

Here is another famous spiritual biography: http://www.amazon.com/gp/product/0140193502/002-7816903-3764809?v=glance&n=283155 Here is a comic stripe version for the short attention span (click thru the left panel icons) without a lot of the meat: http://c-level.com/milarepa/ Warning...

Thanks. I have just rewritten my trading plan using these headings. I think it is gonna cost me some short term profitability but save my ass long term.

I think we need smaller goals... step by step planning. Guys, we really need to get some sleep for tomorrow...

Hi FT71, What are the 5 major aspects of trading? Thanks. Regards, William

Another option would be to join a relatively reputable prop firm that would train you. I have a friend joined Bright and his experience sounds interesting... but I haven't talk to him for a while. I myself took another route. I went out and got a job to pay for my living expense and try to...

Hi tnc$ddc, This is just my opinion. I don't really think there are some big boys pulling strings at certain numbers. (Of course they do but not because they do.) Rather the market has some natural order (repeating what Kevin Haggerty said like a parrot) AT TIMES. Personally I think large...

Hi Mr. 7, I agree. Sometimes I use the band as "part" of my entry technique and NOT the reason for the trade. I studied some of Haggerty's stuff but I don't really trade them... they just don't quite fit me well (not much of a trader) but I like the bands. I am sure some traders do great...

I also use Kevin Haggerty's implied volatiliity band for trading ES... but assigning probability to the band are just plain wrong because market returns are NOT normally distributed. Some day the market will blow thru all levels and other days will give great entry. Have your stop ready! I...

I don't consider myself traded well... I was just putting on one or two scalp trades in the morning. I wasn't really paying much attention to the money until the profits started tapping me on the shoulder. I wasn't consciously pushing for 50% but I ended up doing it subconsciously. Honestly...

Yep. I was up almost 50% for the rolling 4-weeks trading ES emini and I was pushing for 50. I ended up with 35%. Usually when that happens, there are warning signs... I started tipping my toe outside the boundary of my trading plan days before. The market will convince me it is more than OK...

I bid $50 + $10 U.S. Priority mail for PTJ video. Samson, I think the Market Wizards are keepers. Let me know if you have other things on sale. :)

I agree with Steve. I happen to have no losing trade this week. Does that mean I am a better trader than last week? NO and I know it. It is how I handle losses that makes the real difference. That part has not been tested all week and all I know is that it's getting rusty for disaster. I...

Past is gone and future is make believe. In the end, we all die and makes no difference. But while we are here now, do the hard thing!

Jesse Livermore, the Cotton King is a bad trader? How many of us has cornered a market? The problem was that other areas of his life catch up on him.

:cool:

Agree. I would do something to reward myself regardless P/L... open up a can of Coke (soda) and some good food... a small celebration. That does magic to reenforce good trading.

Just remember it will happen again while the market will try to convince you otherwise and undo the learning curve. What are you gonna do to stop it from EVER happening again? Do you reward yourself for doing the hard thing?

Wireless is a security nightmare waiting to be happened. Thanks guys for starting this thread. I am using optimum online in the Long Island NY area... only very rare occasional problems... too expensive though... but I still like to have redundancy and thought about Verizon DSL. Do you know...