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Here is my story so far: As newbie, I focused DAILY on my mental state, because I was learning and had no CONSISTENT method for taking money out of the market daily. After a few years, I found a niche and was able to make consistent money. Turning to programming and automation was the next...

Very good point! Never thought about it that way, but in so many ways there is truth to your statement.

from the guys, i hang with doing that volume daily on automation... they are revert to mean, across tons and tons and tons of stocks (law of numbers) in the big picture, it is more like they are market making (which a few do as well, on very short term conditions...) a few others, i know are...

i considered the OP criteria, as newbie trader ... goals! i like the notion of consistency, but don't agree with your statement.

because we as Americans get to spend, spend and spend some more ... we know the govt. will simply print more cash to keep up with our spending, regardless of deminishing buying power... then we simply blame evil speculators and corportations AND TAX the rich to bail us out. how does it get...

i agree with Szeven.... been trying, myself to continue down that road. keep in mind, however RTM trading is highly capital intensive and if done correctly runs on automation, small size on many trials with continuous entries and exits AND defined stop loss points, and well thought out money...

there is a progression, where someday you will not see it as exciting, but rather a grind, a profitable grind, but a grind nonetheless, and a profession ... but, yes i think those who do and last, in this industry DO have the markets on their minds 95% of the time. But, I would argue they are...

i agree 100%. giving yourself NO out for failure FORCES you to figure it out. you learn quickly HOW to lose small. over and over and over ... eventually the profits take care of themselves. No better way to motivate, IMO! :)

TOS, is geared towards options. However, I use them soley for my 401k, and love them. Customer service is excellent! IF you are thinking about stock trading, go elsewhere.

Echo, since 2001. pooled together group of REMOTE traders, over the years and have negotiated with Echo, on rates and, lets simply say - 0.0025 - 0.0030 or better, plus all the intraday leverage and overnight. $300/month software fee (keep a good chunk of cash at Echo, however) EricP continues...

i guess WE all have different ideas of reality, the beauty of trading! i ll go back to being miserable. Thanks for reminding me, as I started to feel good today! bad dog, bad dog!

i agree. my only point was that making 250k-1M/ year is hardly WEALTH especailly after taxes. yes, you are making great money but it takes savings, smart investments, growth and many years putting up these numbers TO create WEALTH, IMO. funny observation in Phoenix, AZ the past 5 years WAS...

1mil/year, especially after taxes IS hardly REAL WEALTH... sure is AMAZING, how the 250-1M/year are categorized as wealthy, and TAXED to the HILT.

what 2000 bubble? amazing, what a quick fix society we live in... oh yeah, i gota step out for my $4 Iced Latte at Starbucks! :)

see the market of one with excess FEAR and GREED. daily i provide to the GREEDY selling them shares they want, and buy from those with excessive FEAR. albiet, price alone for me defines HOW i measure these investor/trader emotions. (aka liquidity provider, I am.) sure does seem to work using a...

automate as much of your trading as possible ....

any program you have sitting around at Bright that could auto deposit 1k into my account daily?! Just teasing .... too good to pass up the comment! patrick

passion does not equal TALENT. And, talent does not equal PROFITABILITY. with that said, IMO if you are in your 20s and are single...and believe in yourself and work ethic THEN spend 100% of your time trading and learning. sometimes IF you leave yourself NO OUT you are better off. (knowing...

my point was not going after you because I thought you were a "mooch". far from it. i am sure there are 100s of excel sheets floating out there shared by many. believing and understanding YOUR trading is a MUST and knowing HOW to adapt and adust your strategy (like OOs) for when the...

not trying to be harsh, but if you can not build out your sheet (meaning you understand your objectives AND what you are doing) THEN what are you going to do when you have 3 monster losing days in a row? stop? if you dont understand what your sheet is doing, as a starting point YOU already have...