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Whatever you do Candle, don't tell anyone how you got those animated gifs in your posts! (and how 'bout forgetting how yerself?)

Darkhorse, I wanted to ask what vehicles do you trade (equities, futures, indexes, bonds, options etc)? I also wanted to ask regarding your last post and the two entry types. Are you using some high probability entries and daytrading / shorter term trading them AND some high reward...

I can definately relate to that post Vulture. There are entries and then there are optimal entries. Getting out of an optimal entry early is painful as we play the *woulda coulda shoulda* game in our heads. I guess we need to learn to release the last trade whether loss or profit and approach...

I notice there are 15 top posters listed on the left side of the forum as "most active". Why not 30? Why not 50? Lots of room on that left margin... Also, I think it would be really great if there were a "mark as read" button on the home page right by the "view all forums and threads" button.

Commisso, So nice to read your posts again! Yes EGO is the big enemy of all of us no matter what the background (I wasn't disagreeing with you). I have found great help from the advice you have given and hope you will continue posting. I'm making my way through George Leonard's Mastery right...

Yes, but not only IV league grads but others have problems with EGO (speaking from experience). Sometimes I am too smart for my own good. I sometimes have to figuratively hit myself with the stupid stick so I can make the profits. It's easy to out-think yourself and end up making mistakes. It...

One more thought: The main idea is to run the numbers, figure out if what you are doing has a positive expectancy, and then experiment by looking back at your past trades. See what would have happened if you switched your approach to use a trailing stop of 10 cents after a 10 cent profit is...

White, Your trading plan is something you will have to ultimately come up with because you and only you must be able to follow it. It is hard to follow something you don't buy into. However you are seeking advice so let me give you an example or two to illustrate what you might do to set up a...

Also take a look at the following thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=4744&highlight=exit

Doublea, you might take a look at the position sizing discussion found in the Phantom of the Pits (rule #2, Press your winners). IIRC The Phantom suggests increasing position size by half each time. I'm no scaling expert but at first blush taking equal share amounts on the way up may make your...

White, Isn't this deja vu all over on the profit exits thread? I think getting out with a profit is directly related to how you get out with a loss. You should shoot for profits of 2x your risk or greater. So if you are taking avg losses of .2 you should shoot for .4 or greater just to...

12:14 EST Due to an UUNET systems failure some customers may have experienced a service interuption, we have re-routed to an alternate ISP. All connectivity has been restored. Due to an INSTINET failure only directed orders will be processed for this exchange. INSTINET will be ineligible for...

Stevet I can see what you are saying. I think we're caught in a tangle of terms. I think the right term for what you are describing is Optimal Leverage which would vary based on the trading conditions and what your method/system and money management. Max Leverage is the most # of cars your...

I would say that using maximum leverage is how you transform your risk of ruin to a near certainty over the long run, therefore it would be using it badly and would be how you lose money. size kills

EliteDummy: You only get to give out awards once per lifetime, and you've already used yours up on several other threads. Why bother bringing back all these dead threads unless you secretly want to promote them? Why not save yourself some time and just set up your signature to give the...

One step forward, two steps back.

Any electronic broker is susceptible to going down out of the blue. Lots of things can take them down, hardware, software, internet problems, your computer hardware problem, your ISP problem, Globex problem. Whenever any of these happen the electronic broker tends to get the blame...

No always has been and always will be execution fees. Why they charge at all for data is beyond me as it all adds up to more trading of their vehicles which means more revenue. One great driver of the EMini revolution was free data fees.

The sticky wicket for being short these companies is when they are delisted but they don't go bust. If you are long your funds are tied up in a now privately held crappy company until they either give up the ghost or make a comeback. If you are short then ___.

Also I'm a bit skeptical of anyone who sells with the book an accompanying "study guide" for $15.