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I am wondering if (1) you have a strictly defined profitable system that you tested first in both back testing and live paper trading before you began trading money. If you do have one, and it worked well over a period of 2 ot 3 years, with at least 6 months of that being live paper; then...

I for one have no idea where the SP or any of the markets are going, but if I get to vote on it; UP would be my preference. daytrading success in my technique is based on having the SP trade in ranges greater than 5 points. I suspect the higher the market moves, the greater the daily...

Pretty impressive day - hope you're doing better than I am in this narrow range today! So far only 3.50 pts and I've been sitting long 8.00 since the open. IN2WIN

Simply learn that you create your stress. Then learn that you can choose not to create any stress. Then you no longer need to try and learn how to deal with stress. If you'd like a list of books to get you started just PM me. IN2WIN

I could not disagree with you more! I trade purely mechanically and generate over 300% return every month for the past four plus years. I'll stack that against "discretionary gut" traders any time!

Can't answer all of your question, all I can say is I average over 8 S&P points a day, trading the emini. If I trade 10 emini contract lots that would be about $80,000 a month. Obviously trading more contracts would be more $$. I venture to say that I do better than most daytraders, and...

Hope you make it! Try looking at: http://www.elitetrader.com/vb/showthread.php?threadid=23657 it may be help in your quest. IN2WIN

For some insights on eliminating greed and fear and developing a trade system that work for you see http://www.elitetrader.com/vb/showthread.php?s=&thread=23657&perpage=6&pagenumber=1 Hope this is of help to some. IN2WIN

To answer your questions in the order asked: No it was not a single insight, but a long process of study (too much of that - big mistake) followed by trial, error, small insights, learning, growth, and finally realizing the problem was not find a system, but handling myself and most of all my...

ABSOLUTE GARBAGE IN2WIN

If I'm not mistake NLP is neurolingustic programing - read Tony Little if you want to know a lot more. It's a technique to replace old "bad" habits with new "good" or desired "habit" patterns. Supposedly it work very well, and very quickly for some, unfortunately I was not one of them...

Maybe it's the price of success, but I did the same dumd thing over and over. I believe there is a part of us that, for whatever unknown reason, compells us to repeat self defeating patterns. I made the commitment to succeed or die in the process of trying, and over time that self...

I think if you read more carefully there is no reference to being 100% accurate , only being consistently profitable or a given period of time. My trading technique averages about 66% winners, and is consistently profitable on a weekly basis. I can't speak for ETRDR. But I for one do know...

Two reasons: To share thoughts and sometimes the market is so slow that I need the company

Ultimately I believe that "perceived future value" dictates the price. However, in the short term, I believe that that big money, initiates price moves and then the fear/greed factors of the smaller investor/speculator accelerates and accentuate the move.

Dear Grob109 Your posts here are excellent, and as we each have a differently personalities, I believe we each really need to find a trading technique, system, or whatever we to call it, that fits our physiological/emotional puzzle. After many years of studying everything I could find on...

No I hadn't, but as you mention it -any one is welcome - but there will still be a limit of 10 members when all is said and done. I don't try to be "good", I'm just fortunate enough to have stumbled onto something that works consistently after 10 years of trial, many many errors, and more...

Right about that!!

What % of traders are Jewish?

[EDIT: RLB] There are only two kinds of events in your life: Positive ones and those you don't truly understand. Ask yourself this: Would I rather enjoy every experience, even the "unpleasant ones" and find out on my death bed that I was wrong about having had a joyous life; or would...