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Interesting video on the likely outcome of what happens when the bubbles deflates - we have the largest debt bubble in human history, should be fun.

What would you say belongs in a solid trading plan? The main thing is to have one, few retail trader do. Keep it simple- a few lines will get you started, you can always add on to it. I have my trading plan opened up & use it every day. It is merged with my risk/trade mgmt, trade log, &...

After how many losses do you decide you are not following your system? What I look at is: Am I following my trading plan? Would I take that same trade setup again? Was my stop in a bad spot - would the trade have worked out

One more comment on HFTs since I played the devils advocate looking at the darker side of HFTs. We are in golden era for trading. * Most of the HFTs are simply doing clean order executions, overall I think there are more advantages for us nimble retail traders in this era. * It used to be...

The new world is now a war between machines. For some perspective, in 1999 at the height of the tech craze, there were about 1,000 quotes per second crossing the tape. Fast forward to 2013 and that number has risen exponentially to 2,000,000 per second. And yet there are fewer market...

My optimal mental state is being consistent in executing my trading plan/best practices, detached from the outcome of open positions - analytical & in control. Playing strong defense is my main focus "protect your down side & the profits take care of themselves". I maintain my optimal mental...

Any perceived probability you think you have will have variance, every so often you will have a string of consecutive losers much larger than you expected. With win rate of 50% over 1,000 trades there is a chance of having one event with 13 consecutive losers. This shows the importance of...

If you had looked at the link there is info for 'Limit Up/Down FAQs' that explain in detail how it works. I t is not all that difficult to build your own alerts when LU/LD are nearing. https://www.nasdaqtrader.com/content/MarketRegulation/LULD_FAQ.pdf You can lead a horse to water ..

There are different types of halts - this will give you an overview. https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts

Trading without a plan. or having a plan & not following it. The plan needs to cover risk/trade mgmt. in depth. I bet that very few of all active retail traders have a comprehensive plan on how to deal with draw-downs or protecting large gains - you can sure bet the pros have this well planned...

Bet this is coming from the greedy thugs at the CME that would like to knock out any competition. A noob can get insane levels of leverage through most brokers including in IRA's via futures or options. If anything it's the ETNs that may need more oversight - not ETFs.

Always a good idea to use a bracketed order so that you have a stop loss from the instant the order is filled, you can always adjust it once you get filled.

The good thing is you have a capital loss carry over which can offset ordinary income at $3k per year or new capital gains. Changing into a winning trader is like having a mental illness that only you alone can diagnose & treat. Lack of knowledge is not the problem. It is the critical self...

Been through 911, 2010 flash crash, and many other shock events carrying overnight positions. Most of them were net gainers anyway or scratches. I never have & never would use a hedge since my risk is controlled by my position sizing & exit plan. If you choose to use a hedge fine, there are...

Your making way to much of this. My post was in response to the curious onlooker asking what is realistic having looked at a U-Tube clip 'how much I made today'. I was suggesting that people like that typically give it all back - it shows a lack of maturity as a trader to brag about a trade.

Becoming a profitable futures trader is a very long & expensive road, very few have what it takes. Nearly all that finally do well blew through a boat load of cash during their learning curve. I mean $30k-$1M is not uncommon. The type of trader that posts their gains is nearly guaranteed to...

You mean the illusion of speed with the disadvantage of being distracted. There is lag time in the time it takes your brain to get focused on a different monitor. Efficiency is in how you use your pixels - not how many monitors you have.

People should learn how to do Windows swapping, - you will find that you don't need more than 1 monitor. windows logo + tab, or alt + tab windows logo + 1-9 windows logo + T

Nothing flawed about it - the statistics are comprised of coroners & law enforcement records. The FBI also has statistics on this - do your own DD. Surprised this is to hard of a concept for you to grasp. Do your own DD and you see this is based on hard facts. Here is one source: 2014...

Self protection from a firearm? What is the mob looking for you? When you bring a gun into your home you chances of being killed with it go up sharply and if you have kids 5-14 they are >11 times more likely of being killed with it. https://www.vox.com/2015/10/1/18000520/gun-risk-death