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I find you have indeed done serrious studies, studying and thinking in this area. Look forward to checking out your work.

No. Nobody lies or makes mistakes when money is involved. We should tale them at their word.

Because trend traders think the type of trend they are entering is meaningfully more likely to move in their desired direction than random entries. Ttey think their method gives them worthehile positive expectation. Simply entering long and short randomly on short term trades should give you...

If you think Dalio's new book explaining his ideas on life, money and trading/investing "looks" worthless, I am sure it would be to you. Actually having read the book, I will note that it chronicles his trading/investing career and I am glad I read it. Some of the book directly deals with...

Some people do that. And learning how markets work and trading skills are important. However, there is good reason for a 16 year old to learn to code. The perfect age with the time. Living at home with elective classes to take or in college.. perfect. There are even summer boot camps. The...

Find a truly winning trader who you can learn from- in person, if possible. Mentors help. As you grow, seek the wisdom of more than master. Work hard and smart. Be in relationships. Be around the right people: People whose behaviors are better than yours. Stay away from the wrong people. Be...

Not at all! Big money is made by traders and firms that rely heavily on programming/ trading. Learn To Code is advice I have heard many, including Gates, give to young people in many areas of life. Please Google: "Renaissance Technologies" and also "Ray Dalio/ Bridgewater" We are talking...

On reflection, Some winning traders who use margin are not really leveraged in the way many may think in that they have money and assets outside of their trading accounts that they are rationally willing to draw from. As a side note: prop firms servicing licensed professional traders would not...

"They have an edge and wish to magnify it, and yes, they must manage their risk." Edge x volume is a key factor. If a trader has a 30 000 account, as soon as they put more than 30, 000 in play they are on leverage. This is important to what I am saying. ___ In the beginning, learning but no...

What are PA strategies? What is a PA stop loss?

Having positive expectation and managing risk while trading worthwhile volume is what is crucial to long-term winning. One of many good thing Xela let's us know through her posts is that trades are probalistic and we would be wise view them that way. Perhaps I misunderstand, but it seems you...

Well.. most.. but not all.. winning daytraders use stops. They can be canceled and moved if you like. Reading your posts it seems you blew up your first account, as many who became successful did: I urge you to occasionally revisit the idea that placing stops "may" help you. They can rest on...

Absolutely! And my other point, in the spirit of understanding what is true, is that the majority of professional daytraders use leverage and they are smart to do so. Obvious reasons. And, of course, as I think you are getting at, poor risk management with leverage has ruined many traders...

Are you now using stop losses? System may go down You may lose control You may have to use the restroom Prices may move faster than you can stay on top of everything Most.. but not every single one.. use stop losses

Find a truly winning trader who you can learn from- in person, if possible. Mentors help. As you grow, seek the wisdom of more than master. Work hard and smart. Be in relationships. Be around the right people: People whose behaviors are better than yours. Stay away from the wrong people. Be...

Poor self control and poor risk management. Colorful character.

You should get the opening print 100 percent of the time with a NYSE Market On Open Order (MOO).

Does anyone trade NYSE Market on Open orders anymore?

Yes. If a young person bought Buffett's company periodically and did not sell for the next 30 to 40 years, he figures (barring a big human disaster) to end up wealthy. And he could brag to his friends: "Warren Buffett works for me!" ___ *No guarantees.