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I have balls too and I forecast SOME ACTION will rise every morning right around wake up time...sorry I just don't have control over it.:D

INCORRECT

No insult here. I'm actually with you on this one for the most part. I don't scale in or out on any of my day trading...never have. I do have a swing gold trade that I only do any scaling with is when volatility is low...like summer vol. I have 8 years of proving this works best (including...

Generally speaking...saying there's only ONE WAY to do anything is inferior behavior. Don't you think so Buy1Sell2?:rolleyes:

I guess I'll just have to "join them" by starting my new currency counterfeiting operation tomorrow...using the system to my advantage obviously.:D

To counter what you've stated: -margin debt in stock market at all time high -gold is in a 7 year bear market -bitcoin also in a bear market I agree that what you've stated may help in the short term, but my initial opinion was based on the next ten years...how do you argue the long term?

I'll tell you why not. Just like many have said before on this site...DEBT DEBT DEBT! It is common for the U.S. to have recessions or some kind of crisis every five to 10 years (economic cycle or government screw up, you choose)...the debt will exacerbate the "BUST" into something just as bad as...

Cowards? I don't think so. Anyway, I've been a long term chart investor way before I got into day trading...it's called diversifying income streams. I guess that leaves me with only half a pair?:rolleyes:

1. Yes...manually. 2. Trade based on what I see...experience is huge for confidence and therefore helps discipline! That's why I like high probable setups even though they may be infrequent, they make confidence and discipline easier. 3. Yes...multiple methods from experience 4. I...

Treeman...you say "handle getting your ass beat", but that sounds like terrible risk control to me...getting one's ass beat in the market means something's wrong...like letting positions blow through one's stop level frequently. You also say "learn to not lose", but that sounds like having high...

Finding a profitable system isn't difficult? Then why is it so DIFFICULT for so many to find? There are many reasons, but it's difficult nonetheless. Anyway, making 5-10k (for example) a year is considered profitable, but who wants to settle for that year after year? Don't people want to make...

Can you make a living trading with just random entries...as long as risk control is solid?? If yes...I applaud you. If not...please explain.

Both? And the next 10 years will be just like the last 10 years?????

Comagnum...I "obsess over order entry process" in order to "identify" "sweet spot pitches".:D That's three of your bullet points that mean the same thing to me...all 3 totaling 45% of your pie. Maybe entry is a bigger part of your methodology than you think??????;):wtf::D P.S. Those 3 points are...

If you think you've found a solid method, trade very small size through different market conditions, but do not get greedy and increase size until so. Odds are the method will break down and you'll have to tweak the method or completely eliminate, but that's o.k. and is part of the learning...

Both are equally ridiculous: Traders that lose often are losing traders. All else being equal. Traders that win often are losing traders. All else being equal. I agree that a new trader will most likely never develop an edge..so maybe he or she should do the lose often but win in the end...

I think it's funny when people say the economy is good so no bear market on the way. It wasn't that many years ago when the economy sucked, but the market did well anyway(QE)...people said back then the economy and the market don't have anything to do with each other. So, which is it...

Good job! I traded the 30yr. for many years when the volatility was there, since then only nat. gas and gold. If ZB/ZN get crazier I will have to go back.:thumbsup:

Your exposure to profit also decreases trading if you do not hold overnight. So...just buy at the close and sell at the open?

They eventually became "market wizards"...whether they were addicted or not was my point.:thumbsup: