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why not set up a group chat on social media, like sabachat, whatsup? why not set up a group chat on social messaging, like sabachat, whatsup? all interested elite trader can join in.

I never mentor. At one time I mentored my relative to trade. I asked him using 100 shares and cut loss. I expected him to lose a few tens of dollars. In the end he averaged into losers.initial loss expanded to a few thousands. He kept trading that way and lost all his money around 200k including...

there is a post in this thread that has answered your question. some traders start each year with same amount of capital.

another possibility is that bruce shi may use western media coverage to seek opportunities in china. this is because if the most leading hedge fund industry has recognized him, he can use this credit and reputation to sell his story in china, and establish his business there.

all methods can be categorized into one of the two: enter on breakout or correction.

Smith promised no management fee if results were under 6 percent, but she would take 50 percent of returns above that number. She charged high fee

i do not know if anyone has successfully coded a strategy based on price action. is al brooks' strategy codeable?

for nyse open cross, this is from its website: The Core Open Auction serves as a bridge between the Early Trading Session and the Core Trading Session. The execution of the Core Open Auction is the first trade of the Core Trading Session. Limit Orders eligible for the Early Trading Session only...

this is from nasdaq website: At 9:30 a.m. ET*, the Opening Cross is initiated and the opening book and the Nasdaq continuous book are brought together to create a single Nasdaq Opening Cross

Thank you

I would like to submit order type that participates exchange open cross like OPG orders, if the order is not filled in opening cross, it will convert to a regular limit order.

500% is not exceptional, quite normal for successful day traders for small account. i know a few day traders, who consistently make 500% for many years.

for successful day traders, 500% per year is not unimaginable, that is 500k for 100 k account.

If one can code the experience of reading chart context, He also solves the problem of discipline. All in all, it goes back to the question if the chart context can be coded. I did not mention his personal life since it is irrelevant to the topic

the op of this thread asked if price action can be automated, so I gave an example of my friend's strategy which is based on pure chart, but he can not automate it. what is wrong with that? I said clearly he based his strategy 100% on chart, and "discretionary" means "chart context", not...

i am bearish on A share, I guess A share has potential to test the low of 2018. will buy bottom around 2500.

I admire his execution and discipline, that is the key to his success. as to "knowing when the pattern is in his favor", that is part of chart context, he bases everything in his chart. everyday, he spends a few hours reading chart after market close, trying to understand what chart is telling...

he is open about his strategy, maybe because he believes no one can automate his method, or he thinks his strategy is just classic, already known to the public, i.e., classic pattern+discretionary trend determination.

I believe his method is applicable to other instruments. before he focused on index futures, he traded stocks, CL future, gold future, and forex for a few years, and he was consistently profitable in those instruments too. in the last 5-10 years, he became focusing on index futures, mainly NQ...

he is quite open about his trading method, actually, he not only shows his trading records, but also explains why he enters and exits at that point. his entry is mechanical, i.e., 1 cent above breakout, stop loss is 1 cent above breakout on the other side. for every trade, he calculates his...