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"We are the people!" :D

Now - just minutes before I am up to my lunch meeting, I will share something with you what I really like (with you and whoever is reading this thread). There is a Zen Koan which says: Nothing is like it seems to be, but different neither.

I can see it coiling, but that's all. I would say: open for both directions or nothing (isn't that quite diplomatic :D )

Chopping - sure it's noon and everybody is wating for the news at 1430 MET.

Cutten, thanks a lot. These rules are platinum: You can listen to them daily and it's never getting boring.

"Winning every trade" sounds like living forever. This could be boring like hell :D

Yawn! Efficient Market Hypothesis.. . Interesting... his "fist deal" :p

Yes, he was pyramiding in cash cows and what was the really big accelerator was him entering the insurance business. This has meant steady streams of cash every month which could be invested.

And think about correlation (i.e. if you are long in 10 stocks and risk 2 percent on each, your total risk could be 20% , imo quite to much)

Take "New Market Wizards" by Schwager and you get a lot of useful rules. Try to deeply understand these rules, break them, lose money, rise again and then live by them.

It depends on your personal finance management. If you start with your own money, you should not only have some experience (i.e. method with an edge and risk mgmt), but it helps also to have at least a 6 figures account plus enough money for 2 years living expenses (separated from your...

No problem. I watch it. :) In the moment it's moving your way.

Trading the choppy post Fed market....

What a tedious question...:(

Absolutely right! That is what I tell people who want to know how it is to trade. You must love it otherwise it is really mind-numbing, waiting, waiting and then catch fast, again waiting, waiting...

Are you joking?:confused:

Your overall track record is quite good, but it would be interesting how it is compared to risk/volatility. Do you know your Sharpe?

Right, so I was sitting tight, waiting for this set-up and it paid.

Looks like trend fighting... Or is this contrarian? :eek: