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    What to do while profits roll in?

    yes, i also found that the smallest things can make a difference i use a white background for charting, maybe that's why candlesticks seem to show up easier onscreen for me than the bars. previously played a lot of video games as a kid, so i avoid the black backdrops to keep myself from a...
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    What to do while profits roll in?

    thank u, that's a really good way of putting it what are the benefits of using bar charts instead of candlesticks? i've always used candlesticks by default
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    What to do while profits roll in?

    great to get diff inputs and perspectives on this so i guess we kinda got to reframe the question to a top-down decision from focusing on "what to do while profits roll in" at the single trade level --> to "what's the optimum mix of achievable win/loss ratio, risk/reward ratio, frequency # of...
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    What to do while profits roll in?

    lol to paraphrase GG from the movie Wall Street 2, a fellow OCD always spots another OCD
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    What to do while profits roll in?

    thanks, that's a interesting perspective when you're "willing to give up everything in between", do you set a specific price & not budge regardless of the price action in between? sometimes i waver after following the intermittent price action too closely, where even though i have a original...
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    What to do while profits roll in?

    We're playing a grownup version of the marshmallow test (A) You take profits now, you get 1 unit profit vs (B) If you wait, you may get 3 units BUT there's also the possibility of getting zero HOWEVER with (A) if you take profits now, you might get 1 unit profit immediately, then you can...
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    Best/ worst colleagues you've had in trading?

    there's a saying how people are the average of 5 friends they're closest to but given the time we spend at work, it figures that the habits/ perspectives/ thought processes of colleagues probably rub off as well just wondering what are some of the best or worst colleagues you've had over the...
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    Any juicy stories out there lately?

    maybe it's because ppl are working from home so secrets stay hidden i kinda miss the days when bloomberg was good for 1+ juicy, indepth story a week, or at least 2-3x solid ones a month on individual traders, their shenanigans, what everyone is up to there were always some good tidbits...
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    How do you leverage superstitions to best effect?

    There's an interview on Youtube where Jeff Gundlach literally talks about his astrology sign: (go to 34:12) If anything, kudos to him for being brave enough to admit what probably many ultra-successful players secretly believe/follow but don't want to publicly say, maybe out of fear of being...
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    When are we going to see 3000 on SPX again??

    So the right answer to original question was within 1 month...
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    Where Are All the New Market Wizards

    I think it’s prob bc Schwager used to work for Commodities Corp in the 1980s and so he gravitated to interviewing the ppl in that network, eg Michael Marcus, Bruce Kovner, PTJ etc Maybe after his books became widely read, he had access to a few more, but he didnt seem to have given much...
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    When are we going to see 3000 on SPX again??

    Thanks for everyone’s input, interesting to see mix of opinions Personally i was thinking maybe the s&p does a rally to 3100 or so by close of Q2, just to really squeeze all those shorts out again Then it slowly declines to the sub-2000 level, trapping all the longs as well All speculation of...
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    When are we going to see 3000 on SPX again??

    so close, yet so far, lol when do u think we're going to see 3000 on the S&P 500 again? could be next tuesday lunchtime could also be 5 years from now heck, the all time highs on the Nikkei was in 1989, and they're still waiting
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    What is the best broker that offers Trading Technologies / TT? Marex Spectron?

    thanks, TT is new to me, just wondering if u have clients who use CQG as well? which platform is better in your opinion/ from general feedback?
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    What defines a "Professional" trader (vs Non-Professional/Amateur)?

    imho simplest way is probably by income and % income derived from trading-related activities eg. a) large mutual fund execution trader who makes 350k, representing 100% of his income b) physical commodity trader who makes 1m c) day trader in Chicago who makes 500k ==> all professional traders...
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    What is the best broker that offers Trading Technologies / TT? Marex Spectron?

    i know AMP is an option, but they look kinda small what are some of the more established brokers out there who offer TT that u would recommend? TT gives a list on their website but they are spread between names like Goldman Sachs / Morgan Stanley where the prime brokerage access is probably...
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    Why are the Japanese day traders so rich?

    right, so according to latest info BNF sold his Akihabara building for addtl $100m profit cashed out at the top for Japanese real estate...what a ledge
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    Why are the Japanese day traders so rich?

    naw....regardless we at ET still luv u
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    Why are the Japanese day traders so rich?

    nope, it is very presumptuous of you to assume that i have assumed such a thing :sneaky:
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    Anyone taking Chinese Gov stats seriously? (PMI)

    lol, the markets dont trade much on fundamentals anyways i mean, even if they somehow managed to calculate the precise number to the 0.001% & reported it, why would it matter somehow to ppl aiming to make profits off it, if the market ignores it? let the govt bureaucrats manage the real...
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