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There's a ton of literature out there that you can read and digest. Most of it makes a lot of sense and is very useful. However, reading something and employing something are two incredibly different things. Deep down you know what you have to do, you can try slow breathing, relaxation...

I traded the VXX on Friday and noticed it closing at highs on Thursday. This is a great blog to follow to understand VIXY, TVIX, and VXX a bit better. This guy knows his shit. http://vixandmore.blogspot.com/

I know a guy personally that ran $10k up to $50million (gave back a decent chunk after the bull ended) in the late '90's. Relatively famous guy in trading circles. Can't name names though. Also have been told stories about guys that traded back in that time of guys that stayed well below the...

+1 (congrats on trading for so long)

Great article. A very good read. A lot of what the author described is very true. Speed Trading - This is not so great anymore. There are very few opportunities for these kinds of trades these days. When they are there, they're usually very very good....still very rare. Order Flow...

Dan Zanger didn't keep his money. Everyone thinks he went from something like $11k to $40 million and that's it. Read some of his old interviews and you'll see that he did reach that equity peak --- BUT gave back 75% of his profits his equity peak of $40mm...which placed him at about $10mm. Not...

Damn't baggerlord....you ruined the fun.

A trader doesn't need to to know economics to be successful.

Major props to you for posting that coool. Don't see that kind of honesty often.

Truer words have never been spoken Shanb. You are wise beyond your years.

BULAWAYO, Zimbabwe, Dec. 3 (UPI) -- A Zimbabwean man who called for a prostitute to come to his hotel room said he collapsed to the floor when his daughter showed up. Father-of-three Titus Ncube of Bulawayo said he called for a prostitute to come to the hotel room in which he was staying...

http://dealbook.nytimes.com/2011/12/06/its-official-3-asset-managers-will-share-huge-jackpot/?smid=tw-nytimesdealbook&seid=auto A lottery drama may be coming to a close. After three Connecticut asset managers stepped forward last week to claim a $254.2 million Powerball jackpot on behalf...

Nice trade.

http://www.goodtherapy.org/find-therapist.html?gclid=CLjnqujp5qwCFWljTAodzRekXQ

But the men quietly admitted this week that they had not bought the winning ticket themselves, as lottery officials had said. Instead, they had formed an investment vehicle in order to collect a lump sum payment of more than $100 million on a client’s behalf, the neighbor said. “It’d be...

http://blogs.reuters.com/felix-salmon/2011/11/29/hank-paulsons-inside-jobs/?utm_source=dlvr.it&utm_medium=twitter The first news of this behavior came in October 2009, when Andrew Ross Sorkin revealed that Paulson had met with the entire board of Goldman Sachs in a Moscow hotel suite for an...

No I had about 3 of them [points] before I closed the trade yesterday. You don't seem to have much of a thesis for this trade, or rather this investment --- or at least you haven't provided one. Good luck with 72.

http://www.bloomberg.com/news/2011-11-29/how-henry-paulson-gave-hedge-funds-advance-word-of-2008-fannie-mae-rescue.html Everyday it seems like there is news like this. Ridiculoso.

My mistake. I don't follow that person on twitter FWIW. I wonder if the ET FuturesTrader71 is the same person on Twitter? Anyone know?