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I have one. It has taken me almost two years to develop and refine it, but I now believe it is world-beating. It has been averaging $2000 per month per YM contract. (This is based on 4 months of live trading, and 2.5 years of tick-level backtesting). If you trade $8000 per contract, this is...

Amen and amen. Those precious years only come by once. Enjoy them, enjoy the holidays, enjoy all that you have truly been blessed with. Maybe come back to the market in the new year, slowly at first. Best of luck.

I predict a very quiet day indeed tomorrow. It's Saturday.

To know the answer to that, you would have to know the thoughts and intentions of every single market participant out there, from the individual trader to the institutions. I for one don't possess that knowledge.

Many a true word spoke in jest. When almost all buy 'n' holders swear they will never touch the market again, we will have hit bottom. The Warren Buffetts of the world will be the buyers that take us up off the bottom.

I started out trading stocks at age in 2006, at age 35. Went through all the usual newbie learning phases: elation/over-confidence, crash & burn, learn humility. In early '07 I went to trading e-minis, specifically the YM, mainly because of the pattern day trader rule. Same types of rules...

LOL

You're a nut, pal. This was a technical, i.e. meaningless, rally. There is no way the financial slaughter of the past two months has just disappeared. The market will continue to be driven by pessimism for at least another year or two. We may see 14k again by 2015.

They don't post all those "other" days. Can't quite figure out why.

The double standard that is applied to the preaching of Christian views vs. other views is just gargantuan. I totally agree that the humanistic, PC groups pushing for gay rights etc. are the ones forcing their views on everyone else, and becoming the very thing they accuse us of. What is...

Accept that you cannot predict the market, and embrace the randomness.

Fifty f**king DVDs a month? Surely they jest ...

Seems mostly vague, generalized market news a la CNBC. Some basic trading lessons on there (mostly for options) but nothing really meaty. More entertainment than information.

Yes, there are many people here who are not consistently profitable. Many of those have developed trading rules, via much hard work and hard knocks, but sometimes lack the self-discipline to stick to them. Been there myself. The human mind is fundamentally unsuited to the markets, and has to be...

You know you have an edge when you make money consistently. It's that simple. The more you test and verify it the better, both backtesting and forward testing. I believe there is such a thing as a sustainable edge. Discipline to execute the signals your system gives you is paramount. Once...

Well I don't know about anybody else, but his book was what caused the scales to fall from my eyes as far as the power of money goes. You can use it, or be used by it - the choice is yours. That's the gist of RDPD, and like a previous poster said, that's lesson #1 if you don't want to die...

There's always collective2.com, though that's geared to selling trading systems.

I trade a system with a 2:1 risk to reward ratio. Obviously, there have to be more than twice as many winners as losers in order to be viable, which there are. It is 100% automated (trades the YM).

My ATS was off for the night, so no open positions ... phew

Last year has seen volatility on roughly a 4-month cycle, from spiking to tapering right off. September would have been the start of another cycle anyway, but current events pretty much throw the rulebook out the window.