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Too many items to list. There are somethings in life that can't be taught, they can only be experienced. Someone can teach you how to shoot a jump shot, but until you get on the court and practice you will not be a good shooter no matter how much information you have about shooting jump shots.

Test and see what works for you with real money. Experience is the best teacher.

Yes, the people that never win.

They let the black guy become president after the country was broke. LOL

There are may blow ups where people don't average down. Hence, if you are thinking of how you can blow up and thinking you are covered because some guru told you that all people that blow up average down you are wrong.

A lot fresh new traders here on this site and it will take some years before they get to the point of understanding the value of your statement. In the beginning it's all about theory, back testing, and the magic setup. After a couple years you learn that the edges are in position...

Corporate profits are at the highest level in history, don't think we have saw that in double dip before. Intel said this was their best quarter ever. How did they do that with the Obama policies?

Please keep an open mind. I could give many examples of people blowing up that don't average down also. I know all the books teach to not average down, but many great traders average down (aka scale in around support and resistance levels) The key is still to keep the total average risk...

Depends on your entry technique. If you have a range of support or resistance very close or you have a strong weekly level and you are looking to swing it with the daily trend then I would average into the trade up to the last level. I don't think you can randomly average in, and if you can't...

If the market goes up he will say he was right and if it goes down he will say the Obama administration is anti stocks.

Need to be losing 700k jobs a month and big banks going under at a high rate to get back to 666. When everyone is bearish it will be the start of the next leg up. When everyone is bullish it will be the start of the next leg down.

I think we were on the gold standard in 1932.

psycho cybernetics -- teaches you how to hypnotize yourself with your self image.

Preparation is the key. Sounds like you are on top of it. There are a millions ways to make a million bucks. I wish you much luck and continued success going forward.

Run some forward test and see what you find.

Most of the consistently profitable trades don't use stops. Lescor and Don Miller both don't use stops. They manage the trade with size. The also average down aka scale into their trades. In trading what seems right is usually wrong and what seems wrong is usually right.

support and resistance

Looks like we did not count the 500k census jobs when they were created now the market will count them when they are gone.

Some of the most consistent traders use RTM. Good to always have a trend following and a RTM system. RTM is not about entering in the middle of no where. Once you see price outside of something like bollinger bands you don't enter unless you have a strong level to enter against. Some very...

A lot of good traders like Lescor and Don Miller don't use hard stops. If you can average down and work your way out that would be ideal. You have to really know the range of support or resistance in order to work out of the trade with averaging out. Can do it if there is a confluence of...