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You're right. I want to do trading but often end up scalping. Yesterday re-learned about the bull flag. Should have got in. 2.5:1 r/r ratio sounds great! That's what I'd like to see. Also exploring YM. Will look more into it today.

You've described it well! It's not on the print screen, but that's exactly what I am trying to do. I use M15, M30, H1, H4, D1, and now W1 to find levels of S&R for TPs. I am still learning though. Any tricks or tips that may help with finding those S&R?

Reading is my preferred way of learning. Wondering where to start. I've done 90 days of backtesting already.

Moving to the next level and starting a trading journal here. Thoughts and ideas are welcome. https://www.elitetrader.com/et/threads/ups-and-downs-trading.322775/

I think I am brave enough to let everyone here to view my trades. So, don't be too rough. Trying to paper trade /ES using Brooks' and Volman's approaches on M5. No indicators besides EMA20 (and 7). R/R anywhere between 2:1 to 1:2. Often trying to break even and learn my lessons. Feedback is...

What ways have you found helpful to do just that? Some kind of mental exercises or something else?

We are all learning here. What sources of news have been especially helpful to you?

I keep hearing about those "successful traders" but looks like no one has seen them for a long time, if ever. ;-)

Well said, very well said. In other words, "take everything with a grain of salt" and "show me the money".

Cool! Searching google and this site has not brought meaningful results. Is there a place where it is discussed?

Money management. Gotta start somewhere. So far I've identified these guidelines, 1:1 or better 1:2 risk/reward 3 failures - done for the day Anything to add? Also, what do you mean by "cutting costs"? Can't really cut the broker's fees. What else?

Hall of Fame is pretty good. Where are all these "experienced and successful ES traders here" hang out? Asking about thread/subsection.

Subscribed to your 'trading easy' thread, studying Brooks and Volman on PA, what is a good resource on market structure?

Thank you, sir! I wish I could find a place to hang out with older traders! Wishful thinking, can't even find a mentor ;-( Can you please point me to some qualitative resources in "Educational Resources" to get me started?

The Russians are coming! The Russians are coming! They are already here! Next thing you know, they are takin over. Beware ;-) Jokes aside, trying to trade /ES for the last couple of months. Will check out the Hall of Fame. P.S.: Sorry, did not mean to be sexist by using 'man' in my prev. post.

I'm a fan of pure PA and no indicators. Read Brooks, reading Volman. What else would you recommend?

Man, you are fast to reply! What parts of ET are most helpful to beginning traders? There are thousands of posts in the ocean. How to navigate?

Looking back, what was the most helpful to you as a trader? Some options: - learning from books/seminars/trading rooms, - sim trading, - journaling, - something else? On a personal note, I am currently reading this thread...

Some places they say trader, some, investor. Split identity? Or both? Who knows.