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The reason people lose trading is they do not trade the market but they trade thier minds. They trade what their mind sees and not what their eyes sees.

Good advice zdreg...this guy has obvious issues which are troubling. Whether he is full of bs or dead-ass serious, it makes no difference, he needs help.

I too see the shrink giving the only advice needed. The trader will probably have another bout down the road, because he doesn't appreciate reality as it is. He should had said, "My shrink gave me sound advice at the time. I was then able to overcome what was defeating me and so far it is...

Your shrink was right the market is unpredictable, however, so is the human mind to a point. The market has little or nothing to do with a traders success or failure. Success has everything to do with the individual trader and no one can predict who that person could be. It is developing the...

I mentor at times and suggest to not start with less than $ 5,000 or more than $10,000. No matter how much money you have available.

LOL, I thought the same thing. How can this guy consider himself anything but a Joke. I wonder how he is smart enough to have $100,000? He must had run across a lot of pigeons in his day.

gimp570 I think everyone has experienced what you are experiencing. I finally came to a point where I had to let the market determine what I do as opposed what I wanted it to do. I developed a technique whereby my trades are market driven and not bias driven. It is a mistake to have a profit...

95% losers in trading is no different than any other business people enter they know nothing about. The problem with traders, they don't treat trading as a business. The try and convince themselves they do , but in reality they don't

Exactly... What the market does is random. What you do with it is predictable, because you make your action consistent. It is when you become random in a world of random you create a world of chaos and disarray for yourself. The greatest challenge for a trader is to remain disciplined with...

One of the lessons I have learned in years of trading is to say, "I don't know". What I do know, "is if it will do this I will do that".

More money just make people more of what they were in the first place.

Yes

I am looking for a lightweight laptop with a 12" screen and long battery life. Recommendations? [/B] MACBook 13.3 " $1,000

The questions you must ask, Is it your system which is reason for failure or is it you which is causing the system to fail?

Too much school damn fool.

z32, you are asking for the answer to something which doesn't exist, hasn't existed and never will exist. Your best bet is to follow your system, however poor it may be, and shut everything else off. Making money in this stuff has nothing to do with the opinions of those who write it and report...

I consitute a "one day reversal" as my account being up the first half of the day and down by the end of the day. This I can visually see without my mind being clutered with lines, waves, bars, candles, break-outs, edgebands, false tops, false bottoms, pivot-points and mundane things such as that.

When I watch airplanes land it is a down trend. When I see airplanes take-off it is an uptrend. When I see them fall out of the sky, crash and burn, I see my stop-loss just got hit.

Anyone with a system, no matter how poor the system may be, however relies on personal bias to trade the market, is a fool and destined to get "whacked".