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Try checking out 'Diary of a Commodity Trader - Peter Brandt'. He has over 4 decades of trading with stellar results - the book takes you through his trades, the psychology, risk mgmt, etc. This was Amazons best selling financial book for some time. This notion that discretionary traders are...

Alternatives to charts to perceive the market...? When it comes to stock indexes if you really put in the work studying the internals you will see that specific values during deep sell offs/capitulations will kick in large program buying which sparks a new bull market. These events are few and...

That is TradeStaion - I am sure of it.

I have several Roth IRA accounts that allow me to trade futures completely tax free - yes 100% tax free! In the U.S. getting a Roth going and maxing out my annual contribution is by far the best trade I do every year.

What would you trade if you knew the future You don't have to know the future - you simply need to anticipate which emerging products/services will appeal to people and find the leaders that are listed. For those that can envision & anticipate the next big thing they can strike it big provided...

I remember that day also - in detail. I had been short on the Indexes for a few days. I had a flight to catch and was just making sure my stops were set - my profit window went insane as my ride appeared - shooting up about $80K in a wink - tried to exit with no luck. At days end I got out...

Backtesting paints a rosey picture when your generating a lot of trades because the true cost in short term, which is significant, is not baked in. Your backtest is not factoring in the bid-ask spread that we all have to pay at least one-way, and often round-trip. Your backtest is acting like...

Guys like Tim Sykes did it the hard way by capturing Alpha through active trading (and kudos to him for doing that). Tim Sykes is an incredible talented .... at marketing. He may have once made some decent profits while living at home from $ given to him. Easy to take big risks when you have...

As a garden variety swing/momo trader, exposure to as many liquid markets as possible produces my best results. I am swing trading 48 futures contracts, with some Forex and Equities/ETF trades as well. My entries are based on chart patterns that do not occur very often - I avg 5-6 entries per...

Is Daytrading difficult or impossible ? Yea, of course it is difficult - since when is making $ ever easy? Impossible? Of course not - just like getting in shape, everyone wants to but few are willing to put in the time & effort required. Just a fun fact - many of the indicators used in...

Kind of tired reading of all the quant/AI/ML/coding hype everywhere :vomit: They are like bugs attracted to an electric bug zapper. Well stated! Every noob that believes their computer will put them on same playing field as the big fish with hundred of millions in infrastructure, R&D and...

The HFT space is simply way to crowded - anyone new on the scene has a 0% chance of succeeding - the first movers have it on lock down. The smarter traders find ways to trading that the masses are not willing or able to do.

I trade - as in set swing positions, sometimes at night on the more liquid contracts and only when the Euro secession is opened. Your right - a lot of the big reversals that spark of reversals are born in the night session. The night session is cool - the moves are often more directional with...

Ranges are meaningless -- each new day is detached, or independent, of one another According to your logic a tight range bound market that opens up with a big gap down outside of the range taking out 20 days of lows on large volume is no different than a small inside day with light volume -...

Less is more in trading. Those that can be patient and wait for their specific setups have a distinctive advantage. And I mean waiting for weeks to even months at times. A lot of traders that preserved or expanded their capital during the dot.com crash went broke trading the long, flat, whipsaw...

The notion that trading from info found in the public domain is the illegal type of insider trading is laughable. The guy that got busted in the Dream Works deal obviously had a direct trusted fudiciary connection. Per the SEC, insider trading is legal unless you have a fiduciary role with the...

You would not need a lawyer for simply using info you found in the public domain. Trading on insider info can be completely legal or illegal - here is how the SEC defines it: Illegal insider trading refers generally to buying or selling a security, in breach of a fiduciary duty or other...

Eeek - a 47% drawdown and you have investors puking out. Not to mention the 100% gain you need to ever get to high ground again which is something not many can do - it can take years. Running shorter duration strategies such as momo along with trend following can smooth out the equity curve...

Dumpdapump said: This is about a criminal case, Shkreli is undergoing criminal trial, he is Jewish and I brought up facts and figures that relate Jews to white collar crime through solid and well researched statistics. Man you are a first rate racist spewing your vile twisted pathology...

Soro's is the man - the best trader of all times, and a strong pillar of democracy - a champion of the values that the U.S. was founded on. Soro's gave Budapest their university - he is well liked by the people - Orban's petty attack on Soro's are so old school Hitler like theatrics. The people...