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Jem... your approach/thinking style is correct & suitable for the market you are involved in = stock/shares... If i try my style into stocks, surely I gone bankrupt thats why I choose another market: commodities, which randomness is not really random. I had tried Malaysian...

IMHO - also depending on market, some market is difficult than others so require diff. technique

:D

to OP: u has identified your mistakes next steps: dont repeat your mistakes quitting will not solve your problems, you just ignore it. take the bull by its horn:D

tq mr winslow..interesting finding.but need to be tested stoch is reliable ind. i'll tweakk my stoch like you... dont worry with your account..still password protected.& you can shift your money to other account... your info is worth more than ur account, in future hope your other...

The goal is realistic, if you actually achieved it. The key is not 'full-time' but 'focus' Number 40000 is relative, should calculate on R.O.I percentage. Why Day trade ? Good trade could be both day trade and position trade...you must identify trend to make money, not by day trading flat...

fail to trigger is called "FREEZE" totally normal thing...the mind has been frozen. Tell him, he need to pull the trigger , NOT to prove his system is correct, but, jut to prove that he can pull the TRIGGER..allow him 5 trigger-happymoments, before he put his systems to real test..TRy it...

soybean/oil charts, yes, technical way.. some traders may use fundamental-seasons, i think its okay if u want to focus on soy only, but irrelevant to MPO - reason > in tropical climate, no such thing as seasonals, more so in current situation of global warming ...where no more clear...

IMO, to trade soyabean esp soyoil, you need to look at Malaysian palm oil...palm oil is soyoli competior in world mkt...the chart patterns are about the same, but MPO is more volatile... but , honestly, i will trade based on soyoil chart alone > less headache.. :p

Stop losses is a misnomer. a better term is stop order. buy stop or sell stop. Depending on markets/brokers, stop order could be used to open new position or to close old position. Stop order is the key of of the old phrase 'cut loss, let profit run'. Losses are unavoidable. We must...

Tq duck , for a good post..agreed. my own experience : a new trader should: 1) can afford to lose, by playing % small bets. Bigger bets led to bigger loss. 2) therefore can gain experience- developing gut feels 3) can afford small lose, in order to get bigger profit (cut loss, let winner...