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It's easy to get $500k bp at a prop firm and take 100% of the profits. Why on earth would you trade your family's money other than ego?

I agree, start a journal. Your threads clutter ET.

There are high probability trades almost every minute of every day if you know where to look. That's the difference between traders and investors.

There is an important stat worth bringing up. Left off of this list are accounts that have sub accounts (usually for auto trading OR the trader has incorporated). Out of appx 15 personal active accounts on that list: -9 are positive -6 are >$100k profit -2 are >$400k profit These stats...

Unless you are referring only to unleveraged traders this isn't true. A new traders "tuition" could be $10-20k. Once a trader knows what they are doing you can make what you lost back in one good day. There are a lot of good traders out there making big $ every month, supporting families...

It was a fat finger. It's a good thing they let the trades stand...it means they are tradeable situations for us.

Since I've always posted my best days here, it's only fair to post today. Worst day ever, wiped out my month. edit: So as not to clog the thread what happened was kind of a perfect storm. I made a huge error in MHK near the open, and my other trades that have been working great lately...

Thanks that puts me well on my way to my monthly quota.

I assume you mean "Porsche 911 and a Hyundai Pony"

The next step is to take what you've learned and try to apply it to the charts of the stocks that are the most volatile each day. You can get the top gainers/losers free from many sites like Y! Finance. After each day take a look over those stocks and see if you can find tradeable patterns...

You are asking good questions, but getting mostly bad answers. Unfortunately ET is mostly the blind leading the blind. The path you are headed down right now has ruined many new traders. Usually I don't respond to these posts but I'm bored so here goes. -Indicators are to be used as a...

Swing traders *should* have done well this past month. The market has gone straight up, and most swing traders, especially newer ones will be biased long. It's great that some of you are making money now, but don't get a false sense of confidence out of this move.

Not trying to be cruel here, but you've been here 4 years and you are acting like some kind of swing trading authority with a $6k account. Hardly a successful venture. Based on your results swing trading is definitely not where it's at.

For good traders this isn't the case. After many thousands of trades you hardly experience anything whether it's a winning or losing trade.

http://finviz.com

Look...myself and every good trader I know thrive on volatility. Earnings are directly correlated to volatility. Since the uptick rule was repealed everyone's earnings increased significantly. I'm referring to 10-15 consistent traders that I talk with every day. Take it for what it's worth...

It's one thing to say you are committed, it's quite another to treat trading as a business. You still see trading as gambling, so you bet like you are in a casino. Until you drop that mentality you will lose.

I absolutely, full-heartedly disagree. The uptick rule dampens vol.

Each exchange is different, but here's ARCA http://www.nyse.com/pdfs/Arca_Erroneous_Execution.pdf

Nice video thanks.