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LOL. I just threw something in there that I recently wrote and I'm coming back female. DOH! I think I'm gonna need a crisis counselor :eek: :

T4L, I told you this thread was gonna get active. I think you're gonna get pretty tired of the responses you're gonna get here. If you're looking for quality feedback you're definitely in the WRONG place. Good luck though....still looking forward to your charts.

Couldn't agree more Incognito! I've never found a use for A/D.

Damn, you are hot! I didn't think you'd actually post one but thx! I think this thread is going to get VERY active LOL.

Nice, you're smart AND hot. Can you post a pic?

Hey Trading4Living, I admire your patience and performance. 2 to 3 days between trades? LOL, I can typically go 2 to 3 hours. After that I begin to get the shakes. Looking forward to reading your thread.....

The PPT didn't push the market higher today, it was a technical bounce off a very strong level of support and it sure was fun riding!

That's not bad. What I have found is you have a tendency to either keep going or you get to the end of your string of trades and you can't pull the trigger. In my case I fixed that by being very patient on the first trigger so the likelihood I'd need a 6th or 7th is very low. The largest...

I use a similar strategy in that I walk into the market on each and every day NOT knowing or caring where the market is going. I do not try to catch a move -- ever. I wait until a move occurs and then fade it. If it doesn't work I do one of two things -- add more to the trade (average in) or...

No, but this is a bit of a grey area. Trading income is NOT considered "earned" income like you earned while at your work. It's considered "investment" income and taxed as capital gains. However, if you are active enough and profitable enough it's highly possible the gov't could challenge you...

Let me see if I have this right. You are buying what EVERYONE else is selling and you are calling the two of the greatest investors in history "suckers?" Oh gee, I really wish I could pull 80 Billion out of my ass so someone can call me a sucker LOL

Another problem with point 3 is it also gives the manager the incentive to stop trading the fund if the drawdown is viewed as too high to overcome. If it would take 2 years, for example, to get back above a 30% loss where's the incentive to keep trading the Fund and receive no income during...

It's only gambling if you don't know what you are doing.

Absolutely agree but you have to realize that markets change behavior fairly regularly. You may find yourself having a good time trading a trending market only to have it switch on you to a choppy market. To really make it as a trader you have to be able to either trade both markets or, have...

I'm not an expert in this area but I believe they are required by the US Gov't to ask you these question because of the Anti-Money Laundering and Patriot Act that were passed shortly after 9/11. If you don't answer the questions you probably won't get an account open with them, and I do not...

"recommend" You do have a license to do this, yes?

The performance is a pretty simple calculation. ((Ending value/Beginning Value) -1) *100, regardless of asset classes. The only time it gets tricky is when you are dealing with mark-to-market issues among the different classes. That also raises some very complicated tax issues, which is the...

I hear you. What you should do is study your strengths during the times of the day. Do you make 90% of your profit in the morning? I suspect you are close to that and if you tend to lose it in the afternoon then quitting may be best. The first hour is typically my best time of day since I'm...

No, don't stop. If the iron is hot keep striking. When you are trading well and generating consistent profits you should increase your activity and/or size. When you are not trading well, or if conditions are not right cut back on activity and size. When the wind is blowing raise your sails!