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    How to choose a market and/or a product ?

    I'm sure many would disagree... but almost all underlying markets trade similarly. Price action is constant. Markets go from one extreme to another. I always thought it was nuts for people to just trade ES, or just trade AAPL. My suggestion, learn to trade on longer time frames (shorter ones...
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    British Pound Strength in 2018

    Under 1.41 is not a bad spot to be buying for further upside. I've been trading it from the long side, mostly.
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    Karen the Supertrader - TastyTrade Hybrid Experiment

    I would add, selling premium makes failing traders finally feel like they know how to trade. There are Pro's out there that sell premium... but if they simply are selling premium every other week...I'm sure they hedge to some degree. Some skilled traders sell naked... but perhaps that is at...
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    How did you decide on your trading strategy or method of trading?

    I feel that most markets trade similarly. I see the same patterns in Equities as I see in fixed income. I find that that futures are a bit easier than individual stocks, largely because of gap/earnings risk...just my opinion. The advice I would give would be time frames...Longer time frames...
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    I walked away from trading with nothing after more than five years.

    I always hear the statement: "Markets change" It's only partially true. price get's more volatile, less volatile, trends change and correlation changes. PRICE...in my opinion has the same pattern over and over and over and over again. In my opinion, there are two trades. Entrance for...
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    Karen the Supertrader - TastyTrade Hybrid Experiment

    Selling Puts on the SPX is no different than owning SPX index. The risk is much higher Selling Premium. Selling Premium when Vol expands, is the same as buying a pullback. If you hedge it correctly, you can probably make 6% per year with little risk. You can do it un hedged and make 10% to...
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    CTA Establishment - Advice

    Robert, Thanks for the advice, I just might do that. Question, are there any other major costs that I am not missing? For a small fund, it only costs between $4000 and $7000 a year for basic audits/reporting etc? Or am I looking at 50k a year to operate through regulatory/legal/accounting...
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    CTA Establishment - Advice

    Would it be idiotic to try to start a CTA with less than $500,000 in starting capital? I read on a website that these are the general costs (not that much money in my opinion). What other approximate costs would I be looking at? I figure why not get your performance published, and hope to...
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    How do I develop my day trading strategy?

    Keep it simple. In my opinion: 2 types of trades Trend continuation Trend reversal If you have had little success, trend continuation is easier. Short term, intraday is a fare amount of noise, start with longer term charts. Lastly, if you don't have an edge simply don't trade. (Need...
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    How This Bull Market Will End

    Harvey = Transfer of Wealth... It's a necessity in all markets just like a shake out flash crash
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    How This Bull Market Will End

    Be careful, it could grind for 10 more years. Remember, if everyone's capital is tied up in stock...they all want it to go up. Rates also have barely rose, and with Trump in office...he does not want rates to rise given his exposure to debt/real estate. Betting on a drop in the market is...
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    When will bitcoin hit $20,000?

    Tulip Mania
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    You've been programmed to live to the standards of other people

    This is some weird sh1t. Figured I would add to the randomness: "You don't have to invent the wheel, but you might want to be the company that invents the rims" MC Hammer Circa 1992
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    How do you rank as a trader?

    Great point Southall, I would say most of the participants on this forum have less than a 5 million dollar account. I could be wrong.
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    How do you rank as a trader?

    Love the attitude Lawrence, that is exactly how you have to think. Target 500% per year.
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    How do you rank as a trader?

    So I guess based on that greater than 80% per year on average you are in the top 2% of traders. Possible answer to the orignal post... There is no right answer just curious on thoughts out there.
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    How do you rank as a trader?

    It's a difficult question to answer. There probably is not an answer.
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    How do you rank as a trader?

    Apologies if there are similar threads out there. I'm trying to figure out what would be the top 10percentile of traders? Are these the guys doing 80% + return on capital per year? Is 120% per year top 2% of traders? Curious on what everyones thoughts are here. I would imagine some people...
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    Rough day

    I set my stop at 70 ticks on CL. Remember 80% of movements in the short term is simply noise. The goal is to find the 20% that is not noise. In my opinion there are only about 3 clean entries in crude per month. So you say then, there are only 3 trades a month...well in Crude...but there are...
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    Best production luxury car?

    M5 Plenty of room, and it hauls ass.
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