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You took the words right out of my mouth.

From his introduction: "Everything you need to know to make a living at it [trading] is in these books, but it is up to you to spend the countless hours learning your trade." If the books can deliver on the claim, they deserve glorifying in my opinion. Even with that pesky qualification of it...

I read "Trading Price Action: Trends" recently and today I finished "Trading Price Action: Reversals." I found the books a bit dry, wordy and repetitive but not difficult to read at all. They have good TOCs and were fairly well organized. There were no secrets to the markets that I came across...

Reading books (not necessarily Brooks) is insufficient to learn how to trade. I’m not saying you can’t get ideas from books. You can get lots of ideas—some good, some not so good. Years ago when I was starting out I was given the advice that I should read as many books on trading as I could and...

Whenever I see these market crash threads of yours I keep thinking that it will be time to go balls deep on the short side when you capitulate and turn bullish. But you’ve proven yourself to be a permabear so I’ve given up on that idea. An ancestor of yours may have gotten fucked by a grizzly...

It isn’t anything you don’t already know. All manias are not the same but they all share a religiosity among the masses caught up in it. Over many years, passive investing in the form of indexing has been conditioned into the masses as being riskless. We can see that this belief is now a...

Passive funds are the epitome of dumb money. That it will not end well for this generation of true believers is obvious. The timing of the tipping point is less obvious, but it can’t be too far in the future.

You are snarky for your own reasons. I believe you about taking 20 years to figure it out. But that is your personal experience. I speak from my own. I am not a professional trader, however. I have always been an amateur trading my own account and those of family members. My post was in...

I give about 7 hours per week to in-person mentoring. If the student is capable of learning and can do the work, stock trading is easily transferable. Learning via tips is not part of the process. I lay out the method and go over all its parts and then we take trades together. From a scratch...

AM was just free money. Most memorable Presidential election for me was the overnight reversal in 2004. Just had to show up and have your hand out.

Whether you are sharing an office with other traders or trading solo from home, trading is a solitary game. Great for introverts.

I wasn’t addressing you, ya big dummy. As usual, my post was over your head.

Your problem, Ken, is that you are running the same confidence game from 20 years ago and it is outdated compared to what the new breed of scammers are using. Stop complaining about how the kids are doing it better than you and get with the program. The fish today do not care about your claims...

Why is it ludicrous? Showing P&L is the simplest thing to do and takes no time at all. It seems to me that without it you are paying for live talking, not live trading. In other words, just a bullshit session. People are so gullible.

I was passing through here yesterday and I read your initial post. It seemed sincere and revealed where you are. You are starting out and want to get to a worthwhile place. Unfortunately for you, you have begun by digging yourself into a little hole. However, I wasn't extending you a helping...

I would drop the Mark Douglas orientation and go back to being at inquiry to do a restart. This will require a leap of faith on your part because it is not possible for you currently to understand you have made a very poor beginning. Tabula rasa your mind is not.

A natural diamond and a lump of coal are both made out of carbon, but neither natural diamonds nor synthetic diamonds can be made from coal. I did not choose the analogy willy nilly. The point was people are made out of the same physical substance but are vastly different with vastly different...

Yeah, if your name is Chuck Norris.

Ever hear of a performance bond? Clearly, leverage is not always a loan from the broker.

Successful traders are born, not made. You can't make a diamond from a lump of coal.