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no loss no winning! lots of small losers and a few big winners, that is called professional traders. lots of small winners and a few big losers, that is called ametetur traders. kind of paradox

but he may double his account on FRE today. or he may triple his account on DTPI today. that guy may make big money but he may lose shit, he did not grasp trading principle yet.

after I read his books, I feel great: actually just naive. the next morning I threw a dart without any normal thinking or observation, I lost shit. Yes it is! tell a person who is not able to swim and encourage him jump into the sea is kind of murder! maybe some hidden rock just under the...

theoretically it is true. but one step missed, you kissed your life and dead. take an example about RDN or ABK, if someone shorted two DOGS from 5, then use the gain to short more at 4, then at 3 using the additional gain, then do it at 2, then at 1.5, ... use his full overnight margin...

conspiracy is not good. actually the market is larger than MM's or specialists. I think they do not know what your individual are doing, but they are better positioned than you individulas (the trading crowd) since they have better data feeding, better knowledge and better informed. they...

hold, ma will drop to 200ish easily. if your size is large, trail it tight in case it suddenly bounce. i am shortimg it too, it is a no brain short. normally i hate to short monster. i like to short penny like RHD, PEIX, .... if you time well, your gain if you use full margin, would yield a...

you should have another account. if things like this haapened, immeadiately lock your profit in another account. for example, you long and you see it is time to exit, but your current account is stuck with order execution probelm, then immeadiately go to another account in another broker firm...

any suggestion how to work wround this problem. when I have some position, the bid/ask price&size sometimes get frozen to get printed, why in teh paper account the printing is pretty normal! any suggestion about the solution ?

very frustradet with IB's TWS, the ask/bid price sometimes get frozen when I have position, but when I turn on my paper account, the bid/ask price&size is being printed pretty normally, why? any suggestion

I have problems with IB, I suspect IB tried to generate some volatility. everytime I have a position, either the BID is frozen or the ask is frozen. what should I do with this issue, then I opend the paper account, the bid/ask is updating normally! can not bleive it, IB nasty firm, they must...

the most important part is most people are poor, they do not have the money to trade. when they think they may lose $500 a day even $3000 a day, they will commit suicide or their wife will file divorce with them since their daily income level may just be around $100~$500........... only few...

reading a good book will not put you into the good trader category. because there are other things to be discovered, like what personality you are (patient? risk aversion?persistent?disciplined?....), what suit you most well (scalping?swing trading?phading?trend follwoing?chart pattern...

as a matter of fact it is. people lose becuase they treat trading as a get rich quick no brain job. in reality, a successful consistent winning trader needs hard work, independent thinking, strong steel mind, skillful money managament, entreprenear spririt, decision making ability under murky...

the more you trade, the more you lose, the more you lose, the more you want to trade, you are trapped.

I would say the major loss is: commission. the more you trade, the more the brokage firms make and the exechange, they are the consistent winner. actually they like the market up/down or almost random, that way they can force out lots of trades. today this news, tomrrow the news, make you...

great post, that is what I recently learned. I often took profit too early or cut loss a little bit later, or used some arbbitrary money number to decide whether I am out or in, I find that is totally wrong. just as you said, now I tried very hard to let the market tell me when to get out and...

and still holding through this weekend?

some are on the street and they are beggers, they get a laptop and trade in the "wall street"

when you are in the box, you can not get out of the box. failure is failure, that is the reality. the only thing you can do is break the box and make a new one

I followed my observations, like today I shorted WM (5k share) in the opening, covered it last hour. WM is morgagate related also shorted ISPH at 7.3 (3kshare, pre-market), 6.7(5kshare in the opening), 6.0(5kshare), and covered it in last half hour . ISPH is just pumpie/dumpie the...