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    What were your expectations when you started trading?

    When I started more than 10 years ago, I read somewhere and someone reminded me that only 1 in 10 is profitable. I sort of brush it aside. Now, I believe. I know someone who is in the business of setting up and registering new business for clients. She told me, only 1 in a 100 start-up is...
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    U.S. trade deficit drops to more than three-year low

    It could be like a python swallowing a big prey. Businesses getting goods in before the tariff kicks in.
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    Best Trading Book You Have Ever Read?

    Seek not to predict the market but seek to be aware of the market. The recent geopolitical event, military hardware makers, gold and oil are running up. Don't know why but cigarettes and shipping are running up too. It's impossible to know in advance but be patient and let the trend developed...
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    Can we make this THE historical data thread?

    Another free source for US stocks is Nasdaq.com. Instead of Excel, you may consider stock charting software e.g. Metastock, Ninja Trader or Amibroker. It is more efficient and convenient way of analyzing stock. I use Amibroker and it has a plug-in(AmiQuote) that download several free sources.
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    Windows 7

    I used this method 2 days ago. If all else fail, do a fresh install of Windows 10 and use the Windows 7 key to activate.
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    Which is worse: Losing, or opportunity lost/leaving $ on the table

    Losing = never cut loss, risk = the moment after cut loss it took off and never look back Opportunity lost = never execute trade, risk = the moment the trade is executed it turns against us Leaving $ on the table = never take profit, risk = once sold it took off and never look back It all...
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    What is the most influential technical tool from the following list

    :thumbsup: Indicators do not work all the time. Knowing what to do what they don't work is the key.
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    How often you're 80%-100% sure ?

    Nothing is for sure in the market. Hedge our risk and diversify.
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    When do you admit you are wrong?

    If it's wrong... it's wrong(sell too late or early). There is nothing to argue with the market. Just accept it and move on. Never accept wrong is a problem.
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    do you trade around round numbers?

    I trade all numbers. Buy when it stays above 50 SMA for 20 days or more and sell when it reaches price target or break trend line.
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    What kept(keeps) you going through the long journey trying to make it trading?

    @orbit23, Quit my job >10 years ago. I have sufficient retirement fund and kids' college fund. My spouse contributes significant part of daily expenses. So, there is no pressure for me to generate return from the stock market and I can afford to keep my bets small and protect my capital. I build...
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    Maintaining Self Discipline

    It been more than 10 years since my last job. I was naive back then, to think how difficult the stock market can be if I put in the hard work. Looking back, it was like jumping a deep hole without a rope of getting out. No one can help me getting out, I have to do it myself. Discipline is the...
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    Do you have any piece of advice for a novice trader? Anything that could be helpful?

    After more than 10 years in the stock market, I settle down to trend following. I use 50 days and 150 days simple moving average(source Stan Weinstein). Why not 200 days SMA? At anytime, more than 80% of the stock track the 150 SMA that's is more than sufficient. Just do a simple screen on...
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    How much is a good Stoploss system method worth?

    I have 3 criteria for stop loss. 1. Time - if the stock didn't reach a certain price in a certain days, exit. 2. Technical - break a trend line, trailing stop etc 3. Price - hit a certain price target. This target price is based the % price change distribution.
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    Standard deviation from moving average

    I have compiled the daily % change for about 4000 US stocks and AAPL. This is the histogram plot. P(0) = 0% to <1%, P(-1) = -1% to < 0% and so forth.
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    Do You Use Meditation\Mindfulness in Your Trading Routine? If so, how?

    Focus on the moment of now. Mindful of past chart patterns when making trade decisions. Cleansing the subconscious by taming the monkey in the mind. It may not work for everyone but I find subliminal messages in music helps.
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    Who does everyone use for macro research?

    But wait ! Look at the data distribution by plotting the histogram. Compare Oil & Gas and Utilities. Do they similar ?;)
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    Limit stop loss

    During volatile period, a wider stop and smaller position are necessary. Otherwise, one will experience frequent stop out.
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    Who does everyone use for macro research?

    Most fundamental info are already baked into the price already. Can try this simple approach. Just run a screen on the stock database by comparing current close versus previous close(+ = winner, - = loser). Look at those industries with at least 2X winner vs loser. You can see that utilities...
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    Investing tools today--what is missing?

    To be profitable in this trade is hard aka never easy. Even with all the tools one can mastered.
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