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    Quote: "Trading is a teachable science, not an innate talent."

    WHAT????????????? Was that your grand-daughter?
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    The Kelly criterion - is it good...or bad?

    That assumes the positions are not correlated. In the real market, there is a lot more correlation between positions. Moreover, you never get to know you will be in S positions at the outset. You take each trade as it comes to you, so you may not know what the maximum number of concurrent...
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    So what will send this rally over the cliff?

    looks like the expected reversal is in progress now
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    Urgent Message from Trad3r!

    following with keen interest. Lots of signs of bubbles certainly there: RSOL SCTY JASO TSLA...
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    2012: The Battle for Survival

    Yes, still trading, although like you already know, the balance is still well below $100K. Will give a mid-year update at the end of June (unless of course the balance comes above 100K in which case it will happen sooner).
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    The startling rise of disability in America

    I am pretty sure you wouldn't switch places with someone in one of those countries.
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    Old guy throwing in the Towel

    That was a big gamble for a then 60-year old man in 2000. Putting all his retirement in one hot stock.
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    2012: The Battle for Survival

    Its not too bad, just living below the surface (100K) and gasping for fresh air as someone has noted. Hopefully will be back up before long.
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    2012: The Battle for Survival

    Amazon misses on top/bottom line, carrying a PE in the hundreds, stock drops briefly to 255, and rallying now to new 52 week highs. One more reason to abandon fundamental analysis, and focus on the action.
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    Anyone here old school? SDLI, AMCC, GSPN

    OK my first ever trade was on INTA. Add these others: CMRC ITWO LBRT PRSF PSFT ICGE CMGI EXTR NT FDRY ELON EFNT PMCS INKT MACR BVSN FMKT INSP PDLI SSTI EMLX BEAS JNPR MSTR GOTO SSTI STLW MUSE KANA ... want more?
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    2012: The Battle for Survival

    I spend a good deal of time working on my backtesting and automation and following the market, so you may call it a hobby, but it is work as well. No, there is no fun having the drawdown I have had. I flipped open a page back in late 2009 where the balance on the account was 580K, and I was...
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    2012: The Battle for Survival

    Will not keep posting below 100K because of the psychological torture. As for calling it quits, probably not until I pull out the last monthly 5K.
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    How to define a strong trend ?

    From what I read, Gann gave no indication of how many price units constitute one price point / time period. So angle is still pretty much subjective http://en.wikipedia.org/wiki/Gann_angles
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    How to define a strong trend ?

    You forgot to specify how your axes are calibrated :)
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    2012: The Battle for Survival

    Like I said the updates will be every two weeks, as long as the account stays above 100K, so an update should have been made last week-end but the account is once more below 100K.
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    2012: The Battle for Survival

    Weekly Update for weeks 45,46,47/50 ended 12/7/2012 Now that the account balance is above 100K (even if be for just this week), an update is reasonable. For the three weeks, made 13.9K (15%), while taking out 5K for the month ended 11/30/2012. A good amount of work has been concentrated...
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    2012: The Battle for Survival

    Weekly Update for week 44/50 ended 11/17/2012 (Belated update) Horrible week, down 17K (16%). The disaster trade was JCP on 11/12/2012. Was at home that day because my workplace observed a holiday, and seeing JCP down that morning, tried to play the hero and bought 2500 @ 20.00. Immediately...
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    2012: The Battle for Survival

    Yes, it was a horrible week, the account is below 100K and I will keep off posting for while. The psychological damage is enormous.
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    2012: The Battle for Survival

    Weekly Update for week 43/50 ended 11/10/2012 Flat week, up $17 on 16 trades. Some losses entering into Friday, managed to turn it around ending on the flat line. Opening Balance: 109,949 Net gain for the week 17...
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