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I hesitate to stand out to say it is rather disgusting to me to see someone spending so much energy to attack Brandon, or any other individual, for that matter. Why I hesitate? I am afraid to draw heat onto myself. And you all know how disgusting some people can be...

Fasttrader, I think you are definitely right. I used to have stop market order to protect myself. Now I like to use mental stop better. Why, becuase I suspect some market maker intentionally move the price to "eat" my stop market order just becuase he sees it there. But I agree with your...

there is no way to read them all. Information overload is a reason why people fail to become profitable. Frank

Ken, Do you even have enough time to enter 3 to 5 positions when a sector breaks down? A major breakdown usually happens so quickly. Frank

After half a year's struggle, I am finally able to rather consistently breakeven or make profits now. I day trade only. This is a question for day traders: How many trades do you feel comfortable handling simultaneously? The max number of day trades I ever simultaneously had is just 2. I...

Trade small, never blow a stoploss. Do not overtrade. Reflect on you trades. Learn from various resources. I started about 6 month ago and I am comfortably breakeven now--by following the above rules. Protect your captical is your uttermost priority. Having a well paid day job helps...

I don't think you can suceed in trading with your current situation. It is too much pressure if you have such a small account and have to earn bread from it. IT IS IMPOSSIBLE. Earn good living by getting employed. Learn to trade on the side. That is the only way to go.

I do not know how many of you guys have seen blind people using computer. But I have and I am amazed. Yes they can use it. The keyboard is different and there is program to read the text for them too. The blind person I am talking about is in charge of the security password of the agency I...

Macal, I am in similar situation as you. I traded 3 months now and I have a net loss of $27 after commission.I never blow a stop loss, which helped a lot. I am with MB trading, where commission is higher than IB. I am not considering of switching to IB since lower commission is not the path...

Thanks for your kind words. I have a well paid day job so I am not pressured to make money. I daytrade only, but I trade for the long haul. There will be a time when my skills are more mature and market condition is right. That is I think when all the toil will pay off.

Big dip? I do not think so. Never happened in my trading, yet. I make sure I am well protected against it, ABOVE ALL OTHER THINGS.

With all respect, I find it hard to agree with you. Traded 3 month now. Worked my ass off. My borker is thousands of dollars richer. My net equity change stayed in positive teritorry 90% of the time. Never had a huge loss (no huge gains either). Today, my equity decreased to the point when I...

I am not in brandonf’s chatroom. But I did learn a lot from his postings on ET. Yes, he is doing promotion for his business. But if not for that, who would painstakingly post so much useful, valid, enlightening info here?

I daytraded SPY for a while and was completely pissed off by the specialist. Several times it happened to me that I have to wait for 45 seconds to get a confirmation of a trade. Then I said, this is enough. I wonder if this has happended to some of you guys/gals. And if yes, why do you...

This is truly a great thread. I’ve yet to find another site where people talk about their lives’ experience so intelligently. No_pm_please, could you expand on the “don't tell your kids that you've got a couple of bucks to your name” part too? How is it possible you not tell them. If...

here is the attachment again.

I started trading less than 2 month ago and I want to start a thread to share my experience with other newbies, as I think this could be mutually beneficial. I exclusively do daytrading and I have to say I am very frustrated by my results. Attached is the change in my equity since I started...