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any piker like DrownPruf who uses the word "bro" has to be a twenty something shit-head that thinks he's going to be the next David Tepper. more than likely trading is a frustrating exercise for him and he sees it as the hardest thing he's ever done. when he sees other traders who've been at...

Day Trading is worth it, if you can set up iron clad rules for your self and follow them. More than anything evolving to have the trader's mindset is what will finally give you the profits.

Don't trade it, because your $2K will last one week. But buy a stock after much research which you think is going to rise, and then leave it there for weeks/months until it has doubled a few times over. You'll probably not listen to me but this is the best advice you're gonna get.

Super strong indicator, the Market Has Topped. Bartiromo Out!

If all newbie and struggling traders read just one poster on ET only one, it should be bighog, man gives you the right directions every time you just have to do the work.

I don't understand the incredible urge to keep buying in a downtrend. I know other amateurs do the same thing. Not sure what to do at this point. This game is hard. [/B] Sir, Do not be biased in your trading! If the trend is downward trade downward. Do not anticipate what price is...

From the NY Times today: http://dealbook.nytimes.com/2013/11/11/for-better-performance-hedge-funds-seek-the-inner-trader/?smid=tw-dealbook&seid=auto&_r=1 IN the hedge fund industry, as in sports, performance is everything. So after several years of lackluster performance, the industry...

Seems like you've prepared well. But theory in this business can only take you so far. Nothing is as valuable as actually trading live on a small scale as a beginner to get a true feel for trading and the markets. An EDGE is paramount but I think its overrated for us retail traders. Besides...

Trading is simple, but not easy. Anything works (Fibs, Stochs, Price Action, Waves, Volume, etc) but you have to have discovered it, backtested it and need to have 100% confidence in your method. The sooner you realize your mind is the steepest obstacle you need to scale, the quicker...

Read these Hall of Fame Threads, they're right there on the left of your screen: http://elitetrader.com/vb/showthread.php?threadid=165170 http://elitetrader.com/vb/showthread.php?threadid=25425

When you know, and you know that you know, your confidence changes. What some people might deem as high risk, you understand trading as a simple matter of probabilities. You have learned through the pass of pain, to train your rational mind to consistently execute a predefined systematic...

When all sources of conflict have been deactivated, there’s no longer a potential for you to be any other way. What was once a struggle will become virtually effortless. At that point, it may seem to other people that you are disciplined - because you can do something they cannot - but the...

Carefree means confident but not euphoric. When you are in a carefree state of mind, you won't feel any fear, hesitation or compulsion to do anything, because you've effectively eliminated the potential to define and interpret any market information as threatening. To remove the sense of...

For your mind to be open to a true exchange of energy, you can’t be in a state of knowing or believing that you already know what’s going to happen next. When you are at peace with not knowing what’s going to happen next, you can interact with the market from a perspective where you will...

When you completely accept the psychological realities of the market, you will correspondingly accept the risks of trading. When you accept the risks of trading, you eliminate the potential to define market information in painful ways. When you stop defining and interpreting market information...

What separates the best traders from the rest is that they have trained their minds to believe in the uniqueness of each moment. This belief acts as a counteracting force, neutralizing the automatic association mechanism. When you truly believe that each moment is unique, then by definition...

Trading is nothing more than one long neutral statistical run with occasional aberrations in between.

Thank you so much!

Thanks. I was thinking $2500, four 24' monitors included.

Could someone please recommend a brand new Dell or HP that can run 4 monitors. I don't do anything heavy just trading technical set ups. Also, what do you guys think of them? http://www.tradingcomputers.com/TCbundles.html Thanks.