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    The myth of letting your winners run

    If you feel attacked by someone pointing out the obvious, that is your own problem. These little account challenges amount to not much more than paper trading. You do deserve congratulations, however. You have managed to successfully turn your trading hobby into a full-fledged business of...
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    The myth of letting your winners run

    Those are shockingly small sizes for a trading guru. 2 shares of a $50 ETF? 5 shares of a $16 stock? You made hardly any money on those trades. What is the point of showing off these holdings? Obviously you will use the percentage gains for marketing purposes, along the same line as your...
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    What's a worthwhile daily take on the e-mini S&P 500?

    Your post is a succinct summary of the neophyte's pipe dream. It sounds good in the abstract, but it won't hold up when the rubber hits the road.
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    What's a worthwhile daily take on the e-mini S&P 500?

    A worthwhile take is whatever you can extract with minimal risk given your knowledge and skills. That being said, this is an extraordinary period. You can see how much the market is offering daily not just during RTH but overnight. The money is virtually being handed out to anyone with a modicum...
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    The myth of letting your winners run

    Largest position size and longest trade duration when on the wrong side, smallest size and shortest duration when on the right side. Not too swift.
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    Discretionary Trading Rules - The Recording

    You are comparing your hour of fluff to the original Star Wars? Get a grip.
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    Why trading educators talk about entries 95% of the time?

    Good effort in trying to raise the level of discussion. But your expectation of the quality of participation is too high. It takes the utmost in rationality to learn to trade correctly. You can see where these people who reveal themselves took an unproductive path and got stuck. Most people who...
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    Why trading educators talk about entries 95% of the time?

    You get it. Good job.
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    Why trading educators talk about entries 95% of the time?

    You have logorrhea. Seek treatment.
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    Popular daytrading account size

    You boys are just cannon fodder.
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    Discretionary Trading Rules - The Recording

    I watched it from start to finish. I didn't catch any "rules." Here are some points I remember: 1. Discretionary trading is a skill like playing tennis or driving. 2. At first you suck, but through repetition your brain learns and you get progressively better. 3. The progression (quoting a...
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    Trading psychology resources

    Most people are ill-equipped to learn regardless of the stuff they buy. They focus on the money aspect primarily which screws up learning correctly. I learned in this thread that there is another group of failures I didn't know about who views trading as some kind of cathartic release from...
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    Trading psychology resources

    I once walked into a barbershop and sat in the chair and the barber looked at me and said I didn't need a haircut and sent me on my way. Kidding. Like that would ever happen.
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    Troll-free ET: Who else likes troll kiddies gone? (^_^)

    What do you call it when a sponsor complaining about abuse from trolls behaves like the biggest troll? Answer: A delicious irony.
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    Trading psychology resources

    The inanity of trading message boards is just a given. Raising the level of discussion is seldom worth the effort. Asking anonymous people if they make money trading is indeed silly. We all know hardly anyone makes a substantial amount trading. This seems ironic when an entire industry has...
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    Trading psychology resources

    You are someone who works in this field, as you say, so what else can be your viewpoint? Emotions are natural. In trading, it is useful to be aware of them. It is not useful to see them as a challenge to work through. They are informative. The freakout the OP experiences after he puts on a...
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    Trading psychology resources

    Discretionary trading is a performance activity. This is especially true of intraday trading of a leveraged instrument like stock index futures. (Stock trading is child's play.) As a performance activity, the level of performance from day to day can vary for reasons unrelated to dealing with the...
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    Is Technical Analysis a joke??

    "A bad workman blames his tools."
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    "Bull markets climb a wall of worry"

    It has been a while since I got Rickrolled. Nice.
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    Anyone taking the CME's Trade Against a Pro Trading Challenge (in less than 30 minutes from now)?

    Great marketing to draw in the locked down masses. It is a boon for trading educators as well.
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