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What has changed in your trading after Aug 11? Before that you tripled your account in two week, then everything goes downhill for you. I wonder that is because 1) Market changes (it is getting tough and more volatile, different patterns and behavior) ; 2) your system changed (you modified it)...

I notice that you like to trade pre-market. It is often very volatile and it is easier to get stopped out before 10:00 for the E-mini. After 10:05, things are slow down and the direction is steady and clear comparatively.

Quote from coolweb: "when u say traders are born, u are probably refering to the tenacity of the person, It is more like a person with high testesrone excell not only in TRADING but everything else in life such as SPORTS, business, kicking others peoples ass. A person born with high...

Quote from Bolimomo: Perhaps a millionaire like yourself should hire someone to spell-check for you. You have misspelled "testosterone" in five different ways in the same short post. Maybe a side effect of having high testosterone. A millionaire is nothing special if you live in...

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He was cocky after he had a stretch of success (450% gain from bottom to peak in 11 days) when he said "I just netted $455 today. If god wanted me to work full-time, he's doing a poor job convincing me" and that overconfidence contributed to his next two big DD days. On the other hand, he...

I think Jinxu is a smart guy, if he could have more capital as buffer and better risk control and better discipline in executing his trading plan, as time goes by, he could be successful.

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I have a question about the 5m chart: It seems lots of people using price action strategy are using 5m chart, however, if I recall correctly, Anek recommended using volume chart instead of 5m chart as the latter was too slow in reflecting the price movement; and he only used price action to...

quote:"To get back to the OP: I believe an edge is a condition in the market that can be exploited for profit on a repetitive basis and whose outcome and risk can be measured and clearly defined. An edge can be pure trading skills in terms of risk management and may have nothing to do with price...

Thanks. Yes. I plan to visit Hong Kong and Guangdong more often in the future as my kids are growing up so traveling from US to Hong Kong and China is much easier now.

In 11 trading days your account increased over 450% since you touched the bottom on July 27th (about $360?) . That is quite a record.

"I heard engineers and lawyers are bad traders. Becuase they want "certainties". In trading, there are only "high probabilities"." I think in general engineers make better traders than lawyers and doctors (many my colleagues and friends are doctors) if they have a good intuition about...

Quote from risktaker: "These fools who write this shit are a bunch of monkeys. All they do is extrapolate past data into the future, nothing more." You called him a fool, are you a moron? The author is a Nobel Prize winner in Economics. Do you really understand what a Nobel Prize...

Excellent article. Thanks!

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Thanks for the explanation. Here I can see again why you are so successful and your DD is minimal. You have a very solid and detailed analysis and differentiated account of what went right or wrong, in doing so you would avoid or reduce the chance of repeating wrong trade and re-enforce the...