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What I found is that nothing stays with me unless I make it part of my daily routine. The way to do that is to act, not read.

My friend recently had a chance to speak with a TST trader who's been funded for several years now and the question of "why not just trade on your own?" came up. The reason for him was simply that he was more comfortable trading someone else's money, not having his own capital at risk. He nets...

Yes, but only for people who can find their web site. (Damn, the mean people are getting to me again...) :p

So at least 10.00 each? :D

Great name for a band!

They're only illusions in your mind. The clouds (patterns) themselves are real. They are amazingly useful for predicting the weather that will follow if you pay attention to the clouds and not the shapes you believe they look like.

Changing behaviour requires awareness of what triggers the negative behavior as well as a plan of action to redirect these negative processes. The Power of Habit is a fascinating book with a simple redirect process at the end. Clearly, you need a plan. You've suffered much psychological damage...

That last sentence is pretty much the core reason for most misery.

His last call (the ES call prior to the hogs) wasn't a "fade"; it was buying a pullback in a well defined uptrend.

RN, a couple of my dyed in the wool meat-n-cheesers were hooked after a couple weeks of this. The first week's definitely a bitch. :D

It's the behavior of price that is important to me, not the "beauty" (perfection) of the pattern. As dbphoenix has said many times, price is continuous; the only reason we see it broken up into bars on a chart is because we choose to display the price action that way. So it makes no sense to...

For me, no. My intuition has a poor track record. I'd be consistently profitable fading my own intuition. I needed a well-defined framework to keep me out of trouble. In all honesty, I'd never dream of putting on the trades my plan tells me to without the plan based on thorough research. It...

This is strictly from my own experience, but if I could have back all the money I lost from trading my beliefs based on fundamentals, logic, analyst recommendations, I'd be able to buy a house. I was shorting a stock in early 2009 because it was rising on something that was fundamentally...

Your basic research will likely lead to a trading framework (a business plan), which I believe is necessary for consistent profitability. I had plenty of good ideas as a beginner but without a well-researched plan, I failed each time. Once I compiled the MAE/MFE stats surrounding certain...

Paying attention is really difficult for me too. I'm pretty focused for about 2 hours, then I get easily distracted. I thought I had a plan each time, too, and realized that all I had was trading ideas that worked until they didn't. :eek: A real plan (for me) describes the setups (patterns...

That's what ET is for! You can't get gems like this hanging around the office water cooler:

I spend 5 hours per day trading (with plenty of breaks in there, too), sometimes less. I spend 7 hours a day sleeping. That leaves nearly 12 hours per weekday to "have a life". If I worked for someone else outside my home, I have at least 10 hours a day tied up with my job. If I can generate...

The point I was making is that it seems irrational (to me) that you want to give up 100% of a dividend to avoid giving up 30% of it via taxes.

Many years ago a businessman shared these words of wisdom with me (numbers modified slightly to reflect your situation): "It's better to net 70% of something than 100% of nothing."

The most exciting place I've ever been is inside my head :D