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The most successful market participants find a limited number of patterns that have favorable odds of success and repeat the trading of these often, with moderate risk placed in any trade. They win by acting as the house, not as the gambler. They win by taking consistent bets and harvesting...

You trade and you don't know when the CRUDE OIL INVENTORY REPORT comes out? Its on Wednesdays at 10.30AM NY time, if its a short week due to a holiday like next week then Thursday at 11AM. Never ever trade before the inventory reports. Also there is another report that comes out on Tuesdays at...

FXB I believe.

As bad as Brexit is for the long term economies of GB and Europe, the Brexit vote has provided us Futures traders with unexpected volatility in the markets. The most volatile of the lot is going to be the British Pound and for us futures traders the Pound Futures, symbol: /6B. You have 23...

@Chakam what have you been trading so far? how often do you trade?

Trading is about probabilities. Yes, with TA - Technical Analysis - one can find an edge that gives you a probable trade that has a better chance of succeeding than failing. Its a business of probabilities not certainties, don't ever forget that.

He also has 25 Million Pounds stashed in Switzerland - to be walking out of prison today. But my interest was piqued in his Asperger's according to quick search these are the symptoms that could help someone with Asperger's become extremely focused: While all children with AS are different...

How does spoofing move the market when there is no fill? Shouldn't a trade between two parties move the market, why would a order never executed move the market? I'm confused.

You've hit the nail no the head. Once you have no attachment to Money or outcome and only see the market as an opportunity and are able to cut losers and let winners run, you will be consistently profitable. No attachment to money while trading small and simple is the key. Good trading going...

The thoughts that come to your while meditating is part of the meditation, do not banish it, if you pay no mind to it, it will vanish, just come back to your breathing whenever you can. Remain light like a leaf falling and floating in the forest, become one with your breathing, don't fight...

No! I never did revive the job search. I didn't have to. The spouse had a great paying job which continued to allowed me to trade.

I want to keep making this thread a serious one were other trader's participate and learn from each other. Hence, I took the liberty of answering JTrades first two questions: When did you first get interested in trading? The company I was working for went belly up in 2008. A friend of mine...

Baron, Can you please bring back the Greatest Threads soon? Like really soon? There is so much good info on there for everyone to read. Please post it right on top of the page, right of New Posts. Thanks.

Rightly! traders would rather lose thousands of dollar to the market and not complain to others, but will complain about paying $21 to learn one of the most profound, simple practices that will actually benefit the trader enormously in trading and in his personal life. Meditation is simple...

As you'll note in the original post, the OP italicized EDGE, meaning trading knowledge is a pre-requisite before a trader can successfully trade. Without an edge and proper trading knowledge one will simply give their money to other traders. About emotions and attachment: almost all traders...

no fear. simple and cliched. but even if you don't agree this is it. once you remove fear from your trading, you will make it.

Baron, Where are the hall of fame threads? These are invaluable to new and old traders who need to sharpen the mind sometimes. Thanks.

brad10 have you read this book yet? is there really an interview with atticus in the book? atticus is drownpruf now by his own admission. and he's been letting loose here lately: http://elitetrader.com/vb/showthread.php?p=3961715#post3961715

Therein lies the truth about trading. What you see on the chart or your analysis is meaningless, the market exists outside of the trader's mind. All entries are then random, and only the trader through strict discipline and risk parameters can control winners and losses.

I'm a PA trader and I trade within channels, and I'm the EDGE. Because only I can control my profits and my losses. What is your general strategy?