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I started My Blogon April 13th, then just a week or two later saw this cover story in Business Week. How is that for an "anticipatory entry" just before the crowd breakout? :D

Which is so essential in the data gathering phase of the trader's learning curve...but then later on can be a killer! So many of my consulting clients are entrepreneurs who have capital to trade with because they worked their tails off in another business. They take that strong work ethic and...

I gave a presentation at the Chicago Traders expo on this very subject. I have had the unique opportunity to peek over many, MANY losing traders shoulders over the last 5 years as I have sold my knowledge as a consultant, coach, seminar host, stock picker, etc. On the face of it, you would...

I wrote about my experiences observing traders go through this process. This excerpt is from my book, and if you read it and then think for a moment you will realize that you have seen posts from traders in every stage on Elite Trader...

Exits have always been clear in the Dose of Reality. Many choose to exit their entire position at the MPO ( minimum profit objective), while others who feel the stock will move further will partial out and hang on for the bigger moves. In the recent chip chop market, the market has rewarded...

Tony's stuff is all based on the realities of trading and what's more important....his style. I could care less about some snazzy new system or indicator that somebody wants to sell me. Those may have worked in the past, or might work now, but they will lose their edge sometime as the market...

Hey Deron! Sorry to have missed you at the expo. The CA one is always so much more "dispersed" then the NY expo. Good luck with your new venture! Wow Omar that's a good one....... Since I've never met or talked to either Mr Grace or Velez, I'd say that rumor can be dismissed :) But come...

Yes, I run the position trading room there, and also am co-author of the Dose of Reality video newsletter. :D Our system administrator / web maestro has a great eye for design :) I’m proud of the new look! There is a link there on the RealityTrader home page that will give you a page...

That's why at the RealityTrader seminar everybody who attended got a free month in the rooms. We dumped a heck of a lot of information in their laps on Monday, and now they get to watch us implement these strategies in real time for a full month. That way nobody gets left hanging! :D...

There are many ways... Russ and I pick exits every day for the stocks in "A Dose Of Reality", which the majority of the time end up as "daytrades". We look at a swing setup, and then pick an obvious test level that is likely to be traded through that day. That becomes our MPO or minimum Profit...

FYI...Closed out the remaining calls I had today. I could probably get some more out of them tomorrow, but I'm off to the expo and will be unable to watch. Good monthmaker trade for me. I'm conquering one of my last weakness as a trader, which is knowing when to step up the size as the...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=7149&perpage=6&pagenumber=10 Here is a repost of a post I wrote on basically this same topic.... BTW % return is so easy to distort... I did 10% in my futures account today... Woo freaking hoo. I risked about 3% It's always amount...

Nice wiggle for the ole' Dow! After the run up, it fibbed back to 8k in a text book 62% retrace. Remaining calls got happy feet today... back up to 1.5 to 1 r/r levels. This is looking nice! Major fib support bounces dow 1,000, now we have a higher low on a nice 300 point trend day which...

That's a GREAT quote Stock 777!! Well put :D -Bo

One of my favorites... http://www.userfriendly.org/ -Bo

JPM is a good one... all the breakout players jumped in just in time to eat the setup and flush! You KNOW breakout players entered because you could see them on the tape. So when they squeezed they will panic and give you a nice trend to trade with. Good Luck and Good Trading, -Bo Yoder

Traps and fakeouts are my favorite, it's the only time in trading where you KNOW where traders stand!! There is nothing more predictable then a trader in pain :D Good Luck and Good Trading, -Bo Yoder

It IS a different world. I bet all your answers lie in your trading logs... What kind of records do you keep on your trading? For instance, my room trades this month were 69% winners, 12.57 “Units’ of profit for a max 3.5 unit drawdown. My newsletter had an epic month with only 2 trailed...

I got some really snazzy DIA 84 calls I'd be happy to sell you Vinny! They will become available sometime in the next few days I'd guess :D -Bo

Congrats on passing that trading milestone! Hope you have many more "K days" in your future! Good Luck and Good Trading, -Bo Yoder