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Right. :)

If so, then you wouldn't be relying so much on the hope that you reach your "target". When you depart from your backtest and begin trading for real, you'll discover that. LC

You can do your homework until you turn blue, but whatever expectancy you come up with is in your head, not in the market. Your "argument" makes sense only if you're trading in hindsight, which, again, appears to be the case. The professional trader concerns himself with risk before...

Just the opposite, if you consider trading to be a business and not a leisure-time activity. LC

This thread is a classic example of the difference between those who "trade" via hindsight and those who trade in real time. It also highlights the difference between those who trade for real and those who trade theoretical constructs which are based on backtests and on what they've read. LC

Far and away, The Master Swing Trader by Alan Farley.

Yes.

Of course, there's also the issue of how long they've been net positive. At least some who think they are may not be in a few months.

Then replay as many days as you like and trade them in "real time", being just as discretionary as you please. If you can't come up with a consistently profitable strategy, then you have no edge, regardless of what you "feel". LC

Hey, buckie, it's your money. Would you rather be a trader or comic relief? :)

You don't have to. You have asked more or less the same question 800 times . . .

A large part of it may be that you're trading somebody else's system. And using 7 charts to make your decisions isn't going to alleviate your anxiety. How many times a day do you ask yourself "What would HE do?"

Some? How 'bout practically nobody. Take T28's recent thread on using the MACD: "Where do I enter?" "Where do I exit?" "What should my stop be?" "What should my target be?" And so on.

These IB problems have forced me to move to BE much quicker than I'd like, resulting in washes that would have been good trades. No money lost, but what's the point in trading at all?

You haven't been alone. But what's the point in complaining?

Perhaps a better poll, one which would at least save a great deal of time, might focus on the reasons why none of the advice given in all these threads cannot penetrate Nathan's skull. Suggestions?

I was referring to the article posted. Neither Kiev nor Douglas are mentioned. LC

The article, however, is also crap. Or at least crap in the sense that the article "tells it like it has to be". Emotionlessness is not Vulcan. It is the consequence of knowing what you're doing. This "unconscious competence" enables one to focus on the task at hand, not to get one's panties...

No, my previous post. The one with the link. In red.

Back up five posts.