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Ahhh.... probally worse than that. However, maybe these forums are a subset. Maybe ET is a hotbed of incredible genius traders that would put Goldman to shame. Maybe ET is like a Florence hangout for artists during the Renaissance. (But I would bet more toward the way you are imply)

Not sure the 20th percentile would be profitable. How abut what precent are profitable or what precent hAve clearned overy a mIllinois dollars on the las 10 years?

One thing Twitter is good for is following the thought processes of smart people- their ideas on longer time frame economic ideas and life. Sometimes getting a better handle on how to think about situations is enough- better mental models. There can be better ways of looking at things or we...

They both bought J-com durring the same event. Thanks for all your good input in thus thread.

Oh? You have a better way? If you are already a big winning trader with a good no stop-loss way that "works", please share a little... ____ With 10k you have a practice account on which to try develop a trading edge. This is your time to try and develop a winning edge and reasonable risk...

Brilliant post! I can see you are way too smart to pay attention to the links or information that Ray Dalio tweets, including that he has a book comming out Tuesday. Same for all the links to ideas from successful billionaires in the financial world and their ideas on money/ the economy/ the...

Interesting Cis article: aquaintances, hot keys, big score on institutional misclick, financial documents/tax return, gaming, and so on. https://www.japantimes.co.jp/news/2014/09/26/business/famed-bedroom-trader-reveals-his-wealth-secrets-as-he-guns-for-1-billion/#.Wb60DSNlDqA

After commissions, fading the bid/ask spread, and facing an informational disadvantage, a retail trader sitting at home has almost no chance daytrading options.

What is wrong with asking for a puppy?

He was playing in a very large poker game last night. Maybe his brother Don is dead (?)

I was guessing she became highly profitable Many quit posting after losing lots if money. Some become highly profitable and stop. It's often a time/efficiency thing. A smart ET member will try to identify the winning traders who continue to post- there are a few, but less than many would think.

Why does Bob Bright no longer post?

Most leave ET because, as you say, they lost all their money. However, some leave when they become highly profitable. It is partly a time-efficiency thing and also they have developed a private network of other winners. Elitetrader members are lucky when winners like Lescor and Xela post...

Most professional traders use leverage, or did when starting out. As a matter of fact, not using leverage would be a huge mistake for many winning traders and hedge funds. Leverage is one of a handful of reasons to join a prop firm. Certain areas of trading can not be done as well without...

NoDoji, I was advised to follow your posts. Do you still trade?

Skeptical. I am curious if this poster still trades.

Why do you prefer futures over stocks?

Most highly successful people looked for mentoring and they sought out the wisdom of more than one master. They especially liked hearing fron smart people who thought about things differently than they did Cavaet: The wrong "friends and mentors" will kill you. In trading, in my experience...

Thanks. I like learning practical things and I also like the "stories"! Eventually there will be real survivorship bias fortunes made but also great second hand exaggerations and direct lying. Personally, I know two people who ran nothing into roughly 25 and 30 million acting wild; one at...

Misleading headline. Blow the image up and read what is written. Though, yes, there is a group that outperforms the market through skill and a group that beats daytrading. Algos beat humans in more and more areas and this figures to continue. Almost totally algo driven Medallion fund by...