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Yea that looks like change to me lol. Where are there opportunities like that today?

One of my favorite things about the Market Wizards books is reading about things like options trading in its infancy before many people knew about it and how some of those guys made a killing just exploiting pricing discrepancies. there are several examples in those books where what once was an...

I’ll add it to my list thank you.

It seems as though your apprentice did exactly what he was taught. The pain of going from $450k - zero must be excruciating.

What level of mathematical understanding would someone have to possess to fully digest “options math for traders”?

OP good luck with “Dynamic Hedging” it was too damn much for me. My maff just isn’t strong enough to keep up with that one. if you enjoyed, ROASO then you would love “the boy plunger” by Rubython...lots of added details About Livermore’s life I really enjoyed learning about. I’m currently...

I have always found the subject to be intimidating but While reading "options, Futures, and other derivatives" Which was to learn more about options, I actually enjoyed learning the basics about trading commodities the most. I am looking for some other books on the subject as well as any other...

So are you saying time isn’t a concern as long as you like what you see on the charts? Even if what you see is sideways movement for an extended period of time (“extended” being relative to each individual based what their average time frame is).

thanks, i feel the exact same about the alchemy of finance.

I am putting together a trend trading strategy and one thing i see mentioned every so often is along the lines of: "if i put on a trade, and it doesn't go up then i get out"...I am not talking about hitting a SL but rather just not going up like you anticipated. I am curious as to the reasoning...

I am finishing up “The Boy Plunger” and really have enjoyed it immensely. I have read Rem. Of a stock operator several times but like the added details of the current book (that first chapter was pretty gripping) along with the childhood details and some other lessons learned that were left out...

I think it is closer to tight than loose. He mentioned in one interview that upon reviewing his past trades his average losing exit was (iirc) -3.5%. He obviously adheres to the strategy that if soon upon entering a trade It goes against you, that is proof you were wrong and need to...

he is a self made millionaire and got that way via trading...you are bashing the dude hard because his methods didnt work for you, but is the problem the method, or you? concerning stop losses...Minervini clearly states that he places a max stop of 8% upon entering a trade, if it goes green he...

here it is for anyone that can stand the computer generated voice reading it...

That’s very accurate.

So brutal. Thank you for the post.

the bold quote from you really speaks to me. Last month i was really up big (for me that is) and out of excitement I told my wife's parents (who are wonderful people as well as successful in business and really support me and want me to do well)...no way around it that I was basically seeking...

I saw a chart a few weeks ago i wish i had saved it but it basically showed banks purchasing equities with borrowed money at an extremely high rate compared to 2019...market prop up in a bar chart form. not sure if it was accurate or true or not, looking for it again now. Right now i can see...

so you believe that having a healthy family life is unlikely, maybe even impossible if you are a professional trader?

Well said man, thanks.