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BIGHOG Always enjoy your posts. One question for you. I truely belive to get to the next stage, one has to take POPs two rules to heart and lose small and win big. But it is dificult to have a bigger position when you are on the right trend in Day Trading since you have to add very...

Are you trading RANDOM? You are getting desperate here NYSESTOCKS!:p

We are talking about Day Trading with high leverage. Mean Reversion will never make you big money and it is accident waiting to happen if you use high leverage!

Obviously, most losers do not see these obvious ways to gamble correctly! and Most of them do not even think trading is gambling!

That is how you gamble, NYSESTOCKS

Yes, Fade it but you have to use Rule #1 to protect yourself, because you are never sure that the price will keep moving up and down. Rule 1 - In a losing game such as trading, we shall start against the majority and assume we are wrong until proven correct! (We do not assume we are correct...

The story helps you to understand the rules and make your “Behavior Modification” to be successful. and as POP says, "Behavior Modification" is the key! No need to deny it, these rules are golden and they are all you need for trade management if you can change your LOSER’s...

Here are Phantom's Two Rules of Trading for Trade/Risk/Money management. Rule 1 - In a losing game such as trading, we shall start against the majority and assume we are wrong until proven correct! (We do not assume we are correct until proven wrong.) Positions established must be reduced...

Try to use use POP's rule #1 and #2, your position will be big only when you are ahead and that should help to control your emotions and scale out losers and keep the loss small.

The obvious is you have to be a gambler to not be a gambler: Treat every bet as a gamble with no emotions attached, thus it is easy to let a small loser go, same t as you lose a hand in a casino game, and wait to place your next bet. (Amateurs can not take a small loss because he/she thinks...

Great posts Redneck. Never average down again. (I learned my lessons). It might be OK to scale in one time early, but NO more than that! Remember, you can always RE-ENTER, only a commission away, by then you will have a better cost, and you have the freedom to go the other way if the...

I have de-activated buttons (faded buttons like CLOSE, REVERSE) for the last two months (Dell Windows VISTA) and they still can't fix it. Old version works fine on my VIAO laptop. Anyone have the same problem?

What is obvious is that day trading/short term trading (For that matter, even long term 5 years in the equity market as it is now) is a negative sum game for the average. You have to find a way to turn this into positive for yourself.

Goldenarm: You just independently confirmed that I have found the “Holy Grail” of intraday stock trading after one year screen time and painful losses. I have exactly the same set up as yours, but I use IB BOOKTRADER and currently trade POT. Yes you can do this from HOME, just make sure you...

Where can I find your blog? Please let me know. Thanks