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So they didn't teach you how to trade then. Hint: if you are buying at $550 and selling at $200 you are not in profit.

I put $10k in a new futures account at the beginning of this year to test that theory. My first three posts here were my blotters. I got TT problems during my first week, and since I ended up getting filled on a "stale order" and only finding out when I was massively offside later in the day it...

Thanks for The Moon. I've not read it yet. I'm closer to being a Winston Smith or an Eddie Willers - certainly no John Galt. My ambition is getting off the grid rather than saving the world. Libertarian fiction is all we have as the revolution will never come - except in our minds, and how we...

+1 Excellent

I wonder if there is yet an informal society of prosperous free thinkers who are working behind closed doors on ways and means of avoiding as much as possible the creeping tentacles of The State. If there isn't, there ought to be. Perhaps there ought to be a group of interested individuals...

"The whole 30 years thing is silly". Nothing could be further from the truth. The problem I find in trading discussions is that many are apt to treat it as if it were just like anything else, and make ill considered comparisons based on this frivolous assumption. The next thing which is...

I completely agree. However they are a preferred tool for large private directional based traders who do not qualify for stamp tax exemption on equity purposes. The existence of the tax makes day trading impossible for all but market makers though. The reason I mention them is that it is yet...

This deserves repeating. I made no progress until I accepted that everything depended on asking the right questions. Thank you.

TE did you also lead discussion in the above named threads? Your posting style is very similar, and these threads were also attempts to enlighten the minority who wish to progress by carefully concealing the correct information for those who will do their own thinking....

Yes, another example of a populist tax which has exemptions written in for the very "rich people" that the government claims to be targeting. All professional securities dealers are exempt - the only people who pay the stamp tax on equities are ordinary investors - ie the man on the street...

So, which is it? Not bregruding success or punishing it with an arbitrary cap on how successful one can become? Yes, there is a certain point when I've made enough money - when I decide I've made enough money and want to dedicate my time to something else. It is also none of his business.

+1 I did the same.

This is wrong on so many levels. I will explain. Without having done the intellectual work on yourself you are not free, you are subject to various mental restrictions, some of which you will not even be aware of. The truly successful traders have done this work on themselves to achieve...

"He who sells what isn't his'n, Must buy it back or go to pris'n"

Is The Expert any relation of The General? There is an interesting thread here entitled "Market Intelligence" by The General. Another is "Why Is The Obvious Not So Obvious?" under the name of NYSEStocks.

If you can't tell sense from bullshit you have no chance of success in this business. Consider learning who to listen to and who to ignore as part of your trading education. Listening to stupid ideas is taking a bad trade. Stubbornly adhering to what is mainstream is averaging down a losing...

Interesting. Of course you must consider the possibility that the verdict which "affects" the stock may not cause the price action you might expect.... Does this give you an edge?

What do you bring to the table? Successful traders don't need your money. Honest question.

She said something along the lines of "probably a short signal" - even though she wasn't trading it. As I knew this was not the correct location to short the market from I indicated so. NoD explained what her analysis was, and for all to see the market did not give any shorts a chance for profit...

I understand you're mostly "tongue in cheek" about wanting to short. However take a look at the timing of my message, 13:08 EST. Look where ES was at the time...87. Didn't fall much lower, did it? Then it goes up five points... That is never a condition you want to short. How much attention...