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Well said man.

Are you really that petty? I asked you to leave, after you said you would if I told you to. And you can't even manage that. I really must of pissed you off.

Ok go away.

Then tries with real money.

If your strategy is that brilliant, why are you convincing everyone?

Wait, what, that has nothing to do with what i said. Lol

So Warren Buffet is a supply and demand trader?

You lack discipline. I'm not trying to be mean, I'm serious.

You see, I really don't give a crap what your strategy or theory of the month is. Obviously your upset, and I'm sorry if I offended you. The point I was making was about money management, and discipline, that's it. I have no secret plan or strategy to dominate the financial markets lol...

Yup, and people keep doing this, over, and over, and over, and over, until they sit down and finally analyze them-self for once, or quit. They will say stuff such as, "X SMA and 40 Bollinger band strategy with ATR with support and resistance levels has been making me consistent money."...

You completely missed the point of my post. It is an exercise, to establish discipline and basic skills of money management. I don't care what you tell yourself. If you keep going all in on every trade (and leveraging the crap out of it) you will eventually blow up your account, despite...

No, the plan is literally pointless, if you can't follow it. Traders need more faith in themselves. Look at Richard Dennis, and his turtle traders. Anyone can do it, but not everyone will reach that point of consistency. Trading is unnatural. It goes against human nature. Here is a...

Every plan is worthless if you don't follow it.

Yep! That's the one! Nice job. :D

Maybe. But arrogance and ego still exist whether or not you are George Soros, or Joe Newbie. :D The end result is the same either way, just on different scales.

Lol XD Bout' sums it up.

I would agree. I honestly don't believe anyone who says a strategy is fail proof, usually doesn't end well. Ends with tears and no money left over from all the leverage. An example would be Long-Term Capital Management. They thought they were invincible. They had a good run until the...

Lol :p

I agree completely with 4, 5, and 6.

He means that market conditions will eventually change at some point, making most (but not all) strategies not work at some point, for a certain period. Look at the dot-com bubble for example. Julian Robertson of Tiger Fund was getting his ass handed to him, because he was mostly...