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I understand "why" he is doing it. We have all been through it. It was I guess more of a rhetorical question. Its a hard to do, I had a 4 month loosing streak I had in which I didnt have a single winning week. When it ended I was down less than 6%. Money managment is key, and a BIG part of that...

<i>I'm having a tough time, start with a small size (EMN) and then size up a little bit it and give it all back. </i> I'm curious as to why you would size up in the time frame you are not doing well, and size down when you are in the time you do well?

I like the ADX, but seeing a very low ADX reading is more valuable info than seeing a very high one IMO. Brandon

<i>I'm having a terrible year to start also. Start almost all my days pos. but somehow go neg. Caught EMN short(1/14) for +1.10 but still ended the day down. I'm having a tough time, start with a small size (EMN) and then size up a little bit it and give it all back. </i> If you are doing...

<i>Whatever the formula to making money in this market it definately revolves around top/bottom picking or fading reversals. </i> If you trade in range the same way as you do in a trend you will definatly end up poorer for the effert. Don't do it. So, when you are dealing with a range, when...

<i>Glad to see you stock traders also finding that flags do not work anymore (anticipating or otherwise!) </i> Its called being in the middle of a range. Dont pick up the first woman you meet at the office party. Have a bit of pride in yourself! Be a bit discriminating.

Arky, Figure out exactly what it is that you want to do. What are your goals? Write it down. When you have spent some time with that, next move on to how are you going to do it? Specifics. What patterns will you trade? Which markets will you trade. What markets will you avoid? How are you...

With so many good stocks out there, why would you want to trade the crap?

A few years ago you could make money catching the difference the the spread and whatnot, thems was the days! I was never one of those who could, it never fit my personality, but I do know a few people who did it. That time though has, IMHO, passed. Anyone trying to scalp the spreads in the...

Don, You are way ahead of most everyone else. They make it too complicated.

Definatly get different readings from different vendors. That can create a slight problems at extreme readings, but overall - IMO- the trend of the TICK/TRIN, is as important as the price levels

Ed, I became interested in the market when I was about your age and it was both a blessing and somewhat of a curse. A blessing because the markets are the only career I have ever wanted to have, but a curse because it gave me so much time to research and paper trade, that when it came time to...

I will send you a few things this weekend that will have to be longer term swing type trades because I will be gone from Tuesday to Friday. From the 10th to the 21st I will give you our daily list. Brandon

Poor guy. Take an asprin. :p

No

Im not in a perfect position to comment on this, but possibly Don Bright could but my understanding is that if you are with a prop firm you are trading their capital and the payout is on the order of 80% +. This is much greater than the 1-2% of assets and 20 to 25% of profits that you could...

News can provide one of the best opportunities for traders. It can also be very dangerous if you do not know how to deal it. I personally do not buy good news, or sell bad news. I look to buy bad news and sell good news. This is based on the premise that if something is supposed to go up, but it...

Selling is always harder than buying. I think it comes about because everyone has such a focus on buying stuff, where do I enter, where do I enter. And the entries for most people seem to be planned out better than the exits. So by the time the excit comes there is conflict since you have no...

I generally wont use a GTC unless Im going to be gone. Use a day order.

Generally they are ok as long as I stay busy. That is pretty much the key. Just keep doing something so I dont even have to think about it. I stay up until I cant keep my eyes open anymore, because if I go to bed and I'm not tired it will really flare up and often then I cant get focused on...