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One of original Turtle traders, Jerry Parker, sad in a recent interview that trend trading still performs very good - in fact he said the holding time he uses now is much longer (1-2 years) than any time in the past. It only lost popularity with investors that became so short term focused that...

I would seriously consider not using a mentor - There is a ton of free material out there such as 'Chat with Traders' where top notch traders reveal every thing you need to know - for free. Mentoring is being hyped by the many failed traders that prey on entry level traders - they promote a...

Biggest mistake - adding drugs into my trading in the late 90's. I let the drugs do the thinking - broke all my rules by putting on a huge bet which tanked when the U.S. Cole was attacked - I was so high I did not even know I was in a trade until a week later when I came down to find out I had...

In the late 90's I was day trading Amazon and a few other darlings of the day. Meanwhile my friend set a large position - 5 years later he was a millionaire and I Reading your post reminded me of a quote from a famous trader " everybody gets what they want out of the market" - Ed Seykota

A famous trader once said ' you get out of the market whatever you are looking for'. When you are ready you can always switch to the 'less is more' way of trading. Some star trader I agree on this for sure.

One way to pay $0 in capital gain taxes is to get a Roth IRA setup and pump it up!

The Market Wizards as a group that are swing and position/trend trading expect for 10-20% of all their trades to account for their mind blowing profits each year. Their win rate is around 40%. They focus mainly on risk management and the process of trading consistently following their best...

Who needs the over priced ICE when you have SGX (Singapore) which gives you very cheap access & fills to liquid breakout markets such as China, India, Singapore, & Taiwan which still have most trades made by real people.