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Take your fingers off the remote while trading. Especially the Fox channel. Do that after work. Switch your TV set off while trading. Remember : You're (theoretically) working. TV is just distraction when you should be focusing on learning. Like many professional traders, I am an advocate of...

Gordon Gekko again? Remember, I gave you some advice not long ago (when you went broke) as to what to do next? Take this from me, my friend: Unsubscribe to your datafeed for a while, watch the markets with delayed quotes, do your intraday-analysis at the end of the day and papertrade what...

Umm... Does that also apply if you live in Australia with EST+12h, so that the markets open at 9:30pm and close at 4:00am? :) Peace, ~Scientist :cool:

I appreciate your generosity my trading brother. However, adapting your quote would be unoriginal, and I have many more quotes I live by, so I will just update my own with another one of my vast collection... This is also much more respectful and beneficial to the community, which doesn't...

I agree. As I said in my post. Only pay cash. No debt. That's the same as saying don't spend more than you have. Regarding the parents issue: 100% agree. I don't think I show my parents too little respect at all, I still see them every couple of days, I fully respect them. Since they're both...

I realize that I might risk violating the topic by actually talking about trading, but since we're already listing rules, let me list a few I posted previously. They might help with your trading accomplishments. Today, I firmly believe you need 7 edges to advance to the state of...

LMAO :D A little harsh, but sadly true as my dad just agreed ... :) ~Scientist

What a fantastic post! Very wise and very moving! 1. Great point. I'd still like her to be reasonably beautiful and intelligent, though. It's all about better genes, when it comes down to it. It's not an easy combination to find. And why marry? Thanks for your feedback. 2. Nice. But what's...

Good Morning! Glad some people are finally waking up in America! http://www.newdawnmagazine.com/ Compliments, ~The Scientist

Nice thread, Indahook! I started with candles and now use both candles and bars (candles don't matter much for scalping). But I love candlestick science and particularly hammers & hanging men... They're very effective reversal patterns. How's things man? ~Scientist

... and spend some of it on 'girlpower' while you're there :p No pun intended! ~The Scientist

Don't even think about it! Going for those kind of profits is a great way to go broke! :eek: Might as well go to Vegas and have some fun... Compliments, ~The Scientist :cool:

This should be reinforced by this independent statistic I grabbed somewhere: Of all beginning private (non-professional / institutional) ES Traders; 6% lose all initial capital within 1 day of trading. 16% within the first week 36% within 2 weeks 58% within 3 weeks. 66% within the...

You're right. The poller made an obvious mistake. As you must see, polling is an advanced discipline that requires specific skills. It can be heavily misleading... Can't it, Mr Bush? :eek: But HEY - Let's face it : Isn't it awesome to know that 34% of ES traders make 5-10pts per day...

It depends on how you want to look at yourself; If you want to look at your trading ego : TotalPointGain / TotalDaysTraded = ShowtimeDailyTradingPerformance If you want to look at how slack you are: TotalMonthlyPointGain / 20 = RealityDailyPerformance Latter is used to calculate...

LOL DD! If you had any idea how modest I AM !!! Most days, I tend to actually make <b><i>60 points</b></i> before the midday doldrums!... :D ~Scientist P.S: When I'm trading 40 contracts, that is...

I suspect that's exactly the case. It's one of his alter ego's. Who do you think gave him all the pro-votes? :D ~Scientist

Looking at it, I think this is a total of 1.17pts per day on average. Most ppl actually -lose- this much in a day - or more... Smooth! :cool: ~Scientist P.S: Have you got TradeLog yet? - Awesome tool also for looking at performance etc...

Very, very, VERY GOOD POINT!!! So many people trade like this these days... I mean, excuse me, but why is everybody just looking at "how much am I gonna risk?" - rather than "how much am I gonna win?" Seriously, it has been written and said everywhere that you should focus on what you...

Christ - You aren't taking any risks, are you? :D