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Stupid mistakes because mistakes cost you monies. Of course, I am only angry at myself for making such mistakes. They say we have to trade like robots without emotions and probably, that is the case but, no easy shakes. We are only human after all. But, we have to do our utmost to remove emotion...

The best course is if you are making so much monies trading is to consult a tax professional. It would be worth it what you pay them. It is hard to qualify as a trader with the IRS and full of pitfalls so, a tax professional suggested that one fold your trading with another small business. So...

The most ignorant and hateful are the extreme liberals in power! There is Nancy Pelosi, Barack Obama who said, you did not build that! You lost, get over it! Hillary Clinton who called Trump voters as a basket of deplorables? Blacks were super predators! Nobody called her out on that racist...

That is true but, the Turtles method is also, based on the new highs, so with Nicolas Darvas. Relative strength is what it is. What happens at times is that it pullbacks for a couple of days then, resumes the uptrend afterwards. That is the tradeoff. On the plus side, a strongly trending stock...

Looking at the ADBE stockchart. It looks pretty strong and could go higher from here. DOCU looks strong establishing new highs. THO might pullback before it heads higher. So far, looks good. Keep the good trades coming. I analyze your trades and try and learn from it.

I totally agree with your buy high and sell higher mantra. Buy low sell high might workout when a stock is in Phase 1 of its cycle, accumulation, moving now to Phase 2 which is the mark up. Phase 3 being distribution and Phase 4 the mark down. That is for longer term investors and position...

Thank you for sharing with us your trades. I appreciate it.

President Trump is trying to fix the problem created by past US Presidents kicking the can down the road! Congress did not care either because all they wanted was to remain in power! How many politicians in Congress have been there 30-40 years now? Too many corrupt individuals only out to enrich...

Trump did not bankrupt his casinos. Casinos were failing because there was too many of them in New Jersey and the market was saturated and a number of casinos went under! Not every business venture you get in will succeed! How many casinos in New Jersey failed after Donald Trump already sold his...

The Turtles were mainly trading 55 day breakouts. I think the initial stop they used was 2 ATR. That was from millionaire's post. I erronenously thought it was the 20 day breakout which was created by someone else.

Tried trading forex in a demo account and the bid and ask spreads are quite wide in pips. Enough to make it a challenge trading any currency pairs. I suspect the currency brokers are just churning the accounts of majority of currency traders and making big monies at it! No difference when the...

Just curious. Have you tested the Turtles trading system of buying new highs or is that 20 day highs? Or Trend following for that matter? I would think both systems work but, no way to test it myself.

I think those FIVE Jun 8 $105.00 calls and TSLA Jun 8 $330.00 calls are too close to expiration. The biggest time decay occurs in the last 2 weeks of any options. In the NVDA Jun 15 2018 $250.00 call trade I placed, I got into the trade 05/24/18 at $6.96. 06/05/18 was worth $16.00. That was 10...

Different people trade or invest for different reasons. Being retired, I use any gains to help pay bills. I am happy with that. Short term trading has its advantages too. For one thing, you can get huge returns in a short period of time! Of course, you would pay more taxes but, if you are making...

Keep an open mind. You never know where your next nugget of information will come from. I have learned a lot from others on ET. You do not have to agree with everything that is posted on Elite Trader. Just open your mind and you might find nuggets, you can pick up on and use in your trading. If...

Opposition to everything President Donald Trump has done! Unhinged, extreme liberals have taken the benefits of President Donald Trump's economic policies while, bashing him unashamedly, non-stop! That is all they have! Being strong economically, also, insulates your country from black swan...

I am going to disagree with you because there are probably, multiple ways to make monies in the stockmarket. Position trading makes sense for investors like yourself. That said, day traders have made lots of monies in the stockmarket and compounded their returns in a short period of time...

And what would that objective be? Gamble and hope you become a millionaire overnight in the stockmarket? Whether you have $2,000 or $2,000,000, the fact is you are trying to preserve your capital. If you gamble and lose that $2,000 or $2,000,000 you are done! You have blown your account! Doesn't...

President Trump's tax return which was leaked by Rachel Maddow and shown on cable TV showed he paid $28 million in taxes. Now, he was worth around $10 billion. Contrast that with blowhard Warren Buffett who was worth $72 billion and paid only a measly tax of $1 million on declared income of $11...

This did not happen overnight. Looking at the chart, let us just say 1980s. That is about 38 years and how many US Presidents ago? Atleast, President Trump is trying to fix the mess created by past US Presidents just kicking the can down the road! NAFTA started January 1, 1994. If you look at...