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The easy answer is RISK. Smart traders base everything on risk. Whether the market is shooting to the moon is not a criteria. You'll stay in the game longer if you condition yourself to focus on risk factor for every trade before determining potential profitability. Therefore staying in any...

Be real smart and ask for help from those who are winning in your field of finance. If not, just continue to whine about how unlucky you are. The #1 issue that hinders many is not IQ but their EGO.

The full story on Wikipedia is very interesting. https://en.wikipedia.org/wiki/Theranos Very impressive lady, it's too bad things did not work in her favor. I predict Hollywierd will make a movie about this story. Copied from Wikipedia. While at Stanford University, Elizabeth Holmes had an...

On Jan 2nd NQ closed at 10945 Friday it closed at 14332 I make my bets on the market and never financial labels.

After returning from over seas from multiple tours in Korea, Iraq and Okinawa, I accrued a big fat bank balance and decided to try my hand at stocks. I was station at Ft Lee and joined a small group of soldiers who pooled their money to trade. At the time I didn't even know how to research...

I love your ambition and optimism. Just be willing to stay the course if it takes a few years.

That's an interesting question. In my opinion, an edge is defined by a consistent profitable record. So, technically it could be defined by performance metrics/math/bunch of % on paper. An edge, is something that helps a trader to win consistently over time. But, in some cases may entail...

Technique for choppy markets using 10 min bars. # White line on the bars represents 50% level for every bar. # When price crosses 50% line OF PREVIOUS BAR I buy or sell depending on direction. Try it with different time frames, and you may notice that price crosses the 50% level all day long...

Trading journal is my foundation for performance metrics, and a systematic record of recording market conditions so I know when to trade or when to stay on the sidelines. Taking notes also keeps the voices in my head contained.

I don't trade any popular methods, such as breakouts. I use the same method for all markets traded. I posted a summary of the method I use in a prior post. It's called the mirror-method. Some might know it as the fold-back technique. I trade these markers because at times they are highly...

After your communication with TastyTrade concerning their error, what was their response?

NQ (90% of trades) YM Gold Crude oil

Maybe a solution too late, but one I would welcome enthusiastically are Term Limits for those responsible for this mess. I see no hope for our Republic unless there's significant change. https://www.congress.gov/104/crpt/hrpt67/CRPT-104hrpt67.pdf

Great post Businessman. And yet, there are many politicians on the left that have actually proposed such an onerous proposition to tax us all at 100%! I'd send them all a free copy of Thomas Sowell's basic and advanced economics books if I thought they'd read and implement it. I will never...

Fantastic idea but their platform is horrible and only offers ineffective tools. I get the impression they cater to teenagers gambling on their phones for beer money.

The prudent have already placed their shorts prior to the crypto financial tsunami.;)

Almost every week they've been dropping the hammer, and yet the majority of crypto afficionado's continue as though nothing's happening. Completely unreal.

Market conditions/volatility based and set my stop-loss FIRST on every trade.

Cabal magicians who invented fractional reserve banking are trusted to provide liquidity? Liquidity is not what you think.