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Don't notice any work so far, just trade the same way as I did my own account. The only difference is somewhat higher pressure of public performance, but it's emotional problem, not organizational. Also if you charge a lot for your signals, your fee constitutes different amount of clients'...

Yea, hardly any guarantees in life except a guarantee to be poor if don't have courage to take some risks in order to become wealthy. :)

Never claimed to be the best. Just honestly say what's possible or not. Yes it is possible by just looking at charts. And there are quite many of such live "exemptions". They are just satisfied with their own results, that's why you don't hear much about them in the press and don't see them...

Right. But many strategies are also available to retail. Why would a retail trader who is already successful in say, day trading ES want to go prop? I don't want to go prop either. Currently do OPM under CTA exemption to reduce my own capital risk exposure and think about going CTA, yes...

You mean institutions? Yes likely they don't see such cases. But financial eco-system is more than just institutions and retail traders are not less real, just different niche.

Smoker, how do you think, what is the best place (geopraphically, legally and politically) to run a fund these days? Just theoretical interest. :)

Guess it depends. I know at least one ET member who is past 70 and still actively day trades (several instruments using 5-min chart, something I hardly can do simultaneously in my 35 :) ). Of course he doesn't depend on day trading financially anymore, but still does it every day both as a...

Well, guess not all money managers are equal. Almost sure you're right about many, but not all.

If you can consistently time proper entries/exits into/out of doom/euphory it already makes you very good speculator. So no contradiction with OP's statement. :)

Correct. Most of my OPM clients trade themselves and are not people completely ignorant about trading, they just admit they better have their accounts managed at the current stage or use managed accounts as a "hedge" for their own trading.

I see nothing wrong about it, we all have our goals and it's perfectly normal they may change over time from becoming a better trader to having more comfortable life.

Directional trader is forced to be biased by his/her method. Whenever we get a signal, it's a bias which tells us to either buy or sell. Now the other thing is what kind of bias criticized by the OP here? Method-based, justified by your rules or purely emotional, illogical bias? That last one...

Yea, guess it's the difference between relative and absolute satisfaction. Relative satisfaction always exists whenever you achieve some positive results. Absolute satisfaction is most likely impossible and works as a permanent motivation to achieve more.

It's all real trading. Neglecting ETH is just cutting yourself from information you could use.

So TA is not junk science anymore? :D

Hmm... do you believe consistent good timing is impossible?

Your experience works in the reverse way? :D

Entries matter. Of course just cutting losses won't help if you don't know when and where to enter. :)

Got it. If you trade larger TFs and consciously use amount deposited as your stop, then it all makes perfect sense to me as risk management. Wish you success in your trading!

Depends on your timeframe. If you trade intermediate-term from daily/weekly charts not so much watching may be needed intra-day. As for losers, I really don't get what scares people so much about taking some small losses. Did you ever hear of ANY business without expenses? Me not. If you were...