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Being a truly natural trader & sustaining it over the years is rare because trading an account upward over time goes against human nature. Some traders have substantial gains right out of the gate, nearly all of them end up giving back most or all of it back & than some. Some traders have...

Warren Buffett Wins $1M Bet Made A Decade Ago That The S&P 500 Stock Index Would Outperform Hedge Funds, And It Wasn't Even Close. 2008 through 2016 https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp.

I sure miss Lawrence-Lugar as well. The forum feels lethargic/apathetic/sterile/overly prim & proper. His profile is missing - that's odd. Wonder if he lost his virginity? For a while I thought that TraderGod may be the reincarcination of LL, still not sure about that.

The most important conversation a trader can ever have is with themselves.

Stock prices really have everything to do with the availability of buyers at the time & their perception about the stock price rising - the bigger fool. It really has nothing to do with the underlying financials of the company. Books can be cooked, & they often are. "The price of a commodity...

He had several 50% drawdowns in the early and most profitable part of his career on his way to making 1million%+ overall return. Wow, your right about Seykota's 50% draw-downs early in his trading. I just found the interview that supports that. I would have never imagined - no wonder he is a...

$ cost averaging may not such the doom & gloom some make it out to be. If you really want to pump your 401k or IRA & minimize draw-downs you can learn how to trade around a core position, that is the bread & butter trading technique of the pros & is something anyone with a full time job can do.

When the markets stopped trending so well and his trend following edge diminished he said he could no longer trade that way as it took too long to recover from 50% drawdowns as compared to before. That's completely made up BS! Ed Seykota was a fanataic about cutting losses immediately, he did...

Nothing against day trading - for the more experienced traders anyway. For beginners its like trying to learn how to drive a car during a demolition derby.

90% of my edge comes from having strong risk/trade mgmt, the right mind set (psychology), and following a disciplined approach in following the processes while not giving in to fear, greed, ego, impulses. etc. . Entry signals and all that goes with it like, probabilities, seasonal influence...

“Speculate with less than 10% of your liquid net worth. Risk less than 1% of your speculative account on a trade. This tends to keep the fluctuations in the trading account small, relative to net worth. This is essential as large fluctuations can engage {emotions} and lead to feeling-justifying...

Nothing against options, in the right hands anyway - for the general mugs they just blow up faster. Options just won't work for momo/swing trading, I have to have no limits on my profits since a small # of my trades nets the bulk of my profits.

As a long time swing trader I trade only ETF's & stocks. The time decay, expiration, lack of liquidity, & high trading cost are why I never have, or never would use options - to many things working against me. Options.. less risk? This study shows the risk in options was nearly two-fold higher...

Joe Ross - In the 90's his dedicated followers lost any shred of faith in him, not because he never showed a shred of evidence of his trading, not because his Fax signal service was a complete disaster, not because his managed accounts were a train wreck, it was an interview in the magazine 'TA...

What do you think? He brags about having a win rate of only 42% and recently posted a big loss on Twitter - if that looks like a trader hiding loses than believe what you want. Traders would far better of thinking for themselves - nobody will ever get rich trying to piggy back off a winning...

The best traders have a win rate from 40-60% over the long haul. The biggest HFTs like Citadel has a high win rate because they spent a fortune on infrastructure & relations - no retail trader can possibly compete in the bid-ask spread arena, in fact even other well funded HFT's can no longer...

Look for APTR (Average Percentage True Range), it is found on many platforms these days. The formula is (Average True Range/Close)*100. If your platform does not have this you can setup a formula in Excel or Open Office, or do it by hand with a calculator - all you need is the ATR and last...

He did have a lapse from trading for about 10 years from a severe injury he had, he openly talks about in his book. I don't push Brandt pay site at all, if you weren't such a moron and could read, you would know that. 16 cases of using quotes, I often end my posts in qoutes from a number of...

Get real, attestation is splitting hairs - an independent Fiduciary Fed tax audit versus an IRS audit - whatever. Brand's Factor LLC fed tax records audit can be found on SCIBD.com - took me all of 15 seconds to find it. Besides they are under CFTC regulations for accounting. Brandt is a real...

Ray Dalio: ‘If you’re holding cash, you’re going to feel pretty stupid’ January 24, 2018 Bridgewater chief thinks the stock-market could see another surge and investors in cash will be left out. TD Ameritrade CEO Warns “Never Seen Client Cash Levels This Low” January 23, 2018 Talk about the...