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<b>T56</b>, I should refine that to say doctors and floor traders (in my experience) seem to struggle most. I've worked with several hundred traders since early 2000, first with a large (at the time) options website and otherwise after that. What I've experienced with floor traders is the...

<i>"you got the title right , say if the trend is down these f*!!! n s**!!bags will run it up just to knock out the stops and free money for them and then the f**!n down trend continues after they collect all there F**!!!ng free money running the f***!n stops !! thats why its so f*!!*n hard for...

<i>"I happen to be in the building profession, I am on a job right now that has had more mistakes than I thought possible, lack of focus, dropped details, engineers with no field experience, the list goes on and on. It has taken me years to get to the point where I am now. There are a bunch...

#1: The trend is your friend #2: There is a new trend every day #3: Intraday traders no longer care when the closing bell rings :>)

<b>El</b>, I'm just confused why two forum members who've been here five - six years feel the need to say how impossible the profession of trading is. There has to be 100s of identical thread starts in the dusty archives. Does anyone ever have anything positive or uplifting to share? I read...

<i>"Volatility is going to get nasty"</i> Godspeed... bring it on!!!

<i>"so all u people with a edgu-ma-cation, use your common sense and wake the frig up! you will FAIL! 9 outta 10 do... what are the odds u being that one ? huh.. com'on... who u kiddin?"</i> That pretty much infers the definition of impossible. If the term "impossible" were black...

What small business can any of us start & operate with potential for six or seven figure returns, that has an individual success rate above 50% for five years or longer? Why do flailing traders insist on espousing over and over and over again how tough this profession is? Of course it is...

The best post(s) on ET to date are year-end stats in P&L 2006 thread How about we all read that thread first, before anyone posts whiney-loser talk. Negativity and ignorance (lack of correct information) go hand in hand in the human mind.

<i>"Trading IS a loser's game."</i> Why has such a smart person like you been in this forum since June 2001? Isn't your time over the past six years best spent elsewhere? Trading is only for losers, right?

<i>PureSlick</i> Which one?

<i>"The last Paltalk they had was so riveting that I fell asleep at my computer. When I woke up my fly was open, boxer shorts were on backwards and there was 20 bucks missing out of my wallet. Sorry guys, too much weird crap happened for me to listen to the next mav/bright fat chewing. Rennick...

Dear <b>Colin</b>, I'm confused. You are an investigative journalist. A job that requires gathering facts, remaining neutral on the issue while presenting all sides of a story. I've always wanted to be an investigative reporter myself, but alas I'm just a trader. Still, now & then I see some...

<b>Romik</b>, thank you for reminding me of a story to share with <b>Slickshal</b> that happened this morning. Just past 9:30am est, I was waiting on a short trade entry signal in the ER near 798 or a tad higher. One of our six-month old springer spaniel pups had been sick twice last night...

everyday i would start the day up 300-500 bucks. and then.. whamo, from the blind side, <b>i get caught</b> in one bad trade.. i start the averaging down theory(remember my original quote). <b>and get stuck</b> with a loss that wipes everything away.... one trade dammit.. i swear.. now im in...

<i>"I am not a trader. I am a writer, you might say investigative journalist, if you must know.( a rather well known one in certain niche areas.....)"</i> Colin, I understand your position much better now. On a side note, I'm a rather well-known author in a niche industry (not trading or...

<i>"thanks, beerbelly. No offense meant, I am just very suspicious of paid chat room operators, particullarly those with a colorful past of sales combined with IRS agent and Cop---LMAO ! once again, i'll ask the ET audience, has anyone else followed pureetick live and what are your thoughts...

Paper trading is a very necessary step to success. Perfect practice comes from sloppy practice, first. Those who insist on practicing = honig their skills with real money on the line find themselves in the 90% group the OP mentioned. Yes, papertrading is a long step from real money in the...

Every day in a bull market is not upward. Some of the biggest one-day ranges in a bear market are bear-market rallies. Some of the biggest one-day ranges in bull markets are corrections. Downside had nil risk today. We'll see what tomorrow may bring

<i>"They're giving away money in the markets for anybody with the balls to dip buy on margin overnight. I'm sorry if you can't take the heat"</i> <b>makloda</b>, using your logic, how much did you buy before the closing bell last night, Wed 1/24? Yes, 10-lots are small trades, but we are...