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I'll participate if your guys are also willing to attend my week-long $200,000 an hour seminar on trading. Think of it as an 'investment' :D

There is no need to restate something that has been already addressed. But I do think that this following point from Cutten did not get the proper attention it deserved, so I'm bringing this back from the dead as well. Many would do well to understand Cutten's observation. Position sizing...

I also saw this article on yahoo this morning... what great sensationalist drivel. I want the 5 minutes of my life I wasted reading that piece back. That being said, it does bring up a mounting concern about the increasing scandal and bad PR that the HF community has been receiving. Since...

Here's to bringing this one back from the dead. This is one of the gems of ET that I've read of all my time mostly lurking. For me, breakthrough or 'eureeka' moments are when I noticeably feel that I am progressing to a new level and something 'clicks' and I learn something. Usually these...

A fool and his money are soon parted.

Would also like to add-in this piece by Acrary that illustrates the point even further: The edge vs market data "Here's a example. Years ago when the Stock Traders Almanac first came out one of the tendencies described was the last two days and first 5 days of the month being market...

A few months ago, I wrote about my thoughts on the Edge. Ever since that question was posed to me, I have been seeking what defines an edge. Before, in my naivete I thought an edge was positive expectancy, or discipline, or money management. Those who were in the know scoffed at the idea and...

Stanley Druckenmiller talked a bit about Soros' style of trading... in one of the Market Wizard books. Some excellent insight here: "I've learned many things from him, but perhaps the most significant is that it's not whether you're right or wrong that's important, but how much money you...

Monroe Trout said it best: "Make sure you have the edge. Know what your edge is. Have rigid risk control rules like the ones we talked about earlier. Basically, when you get down to it, to make money, you need to have an edge and employ good money management. Good money management alone isn't...

You should stick to what you want to trade... prop shops and intra-day trading aren't for everyone, and you'll start to mess up the momentum you've got going with options if you keep jumping around. Yet you should also understand that undercapitalization is the primary reason many fail.. so...

Illiquid's post shows great insight. An Edge in a system requires maintenance and awareness. Understanding of why it exists, what market(s) it is best suited for, what about it can change, and anticipating and preparing for those potential changes that will inevitably occur are the key to...

"When I tell them I'm a trader I'm sure a lot immediately think gambler/high risk/unreliable." It's too bad you've set up mental barriers for yourself before anything even happens. What are you doing trying to impress her with your trading mumbo jumbo anyway? Tell her you're a male gigolo...

In the spirit of addressing your seemingly legitimate concern (although I question why you would ask or even act on any information found on an internet message board, especially judging from the responses in this thread, not to flame anyone) I would tell her to consult a private wealth manager...

Van Tharp's stuff is good. Elder goes into this somewhat as well. Money Management and Risk Management are two sides of the same coin. EDIT: This is also a good resource. It's biased toward TS users but the underlying ideas are worth exploring...

http://www.fatpitchfinancials.com/330/excel-financial-data-add-in/ It's a link to a link to what you're looking for. It works well for me.

Acrary is indeed correct. There's more that meets the eye than the OHLC data. Possibilities are all around us, yet if we are not trained or our minds are not open to them, we do not see them. This is true in life as well as trading. I think Mark Douglas wrote a little about that, using the...

Or people who make a living writing books on trading and hosting seminars :eek:

Was going through my list and couldn't help but sit back in awe at such a beautiful run HANS has had...

From the Times Online: http://business.timesonline.co.uk/article/0,,9063-2266037,00.html "THE Nobel Prize-winning founder of Long Term Capital Management (LTCM), the hedge fund whose implosion brought financial markets to the brink of collapse in 1998, is back in the world of hedge funds...