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"If you cannot trade like the smart money or the 1% of index daytraders that are consistent," i call bullshit on #'s like this that are pulled out of one's arse. I have no idea what %age of index daytraders are consistent, nor i suspect do u. " I suggest moving to other instruments or...

"He says that YM leads the ES and that smart money leads the market so I guess he is saying that smart money trades the YM" ime, the opposite is true. i follow the ES, and trade the YM, because (ime) i can increase my edge by knowing what the ES is doing. ime, on numerous occasions, i see...

you trade the market that suits your personality and trading style. personally, i prefer low drawdown, consistent market, that is a consistent income producer. that's why i choose index futures. whether or not there are tons of quants, black boxes, bla bla blah in the futures, at least...

on a 5 yr (i realize a lot of people cannot see outside their daytrader time frame weekly chart, oil is about on a trendline right now. im not saying it can;'t go lower (lord knows it can), but at this point, it qualifies as a pullback, not some sort of oil doom and gloom sellfest

you are not violating copyright laws by selling it, assuming it is an authorized printing, and not an illegal copy. copyright laws for printed publications are relatively simple. you can buy a book, manual, whatever. you can sell it when you are done. that process can continue infinitum...

i love when i read people who always talk about "they" and how everything is "manipulated" and how it's a grand scheme, and you can't beat the evil black boxes blah blah blah most of the time, i suspect people with this attitude are losing traders who don't want to take responsibility for...

bingo! all the cheneyhalliburtonchimpydiebold people are strangely silent. the election is over. and oil is down ! it kind of throws a wrench in their silly conspiracy

no. brokers are insurance saleman. im not selling anybody anything they don't want. i put my offer in there, and somebody takes it. and i bid and somebody hits it traders are not salesmen. we are cowboys, on a steel horse we ride :)

"agree, there is plenty of uncertainty yet the market moves up like there is nothing to worry about. " dood it's been said before, the MARKET CLIMBS A WALL OF WORRY if and when , there is NOTHING to worry about, that would be a prime time for a big sell off. cause EVERYBODY would be...

I'll put it this way. I don't think there is anything "noble" or heroic about trading. But it is a respectable career, imo, and one that you will only succeed in if you master YOURSELF before the markets (your emotions, your prejudices, your biases, etc.). The market is humbling and a wonder...

"I expect very few of ET to truly grasp what is going on in the world, and keep believing into this "wealth creation" nonsense being preached by the current administration" it is not "this administration". it is a bedrock fact of economics, capital, and human invention and has been recognized...

"It's all paper pushing & games, with no real benefit, only over consumption, waste of resources & exploitation of third world labor" utter rubbish. collectivist, discredited, trash bin heap of history, empircally verified as false - rubbish there has never been a greater wealth creation...

"How can you say that many traders have setups have 80% winning trades" i said MANY setups have that win ratio not traders. i have 21 setups (for my futures account) several have over 80% many of those employ a target/stop structure like target (1st, 2nd...

complete and utter rubbish (but common) " If you're reward is 4 ticks and your risk is 6 ticks, good luck because you're going to need it. Not saying it's not possible, but the odds are against you. I don't take any trades that don't at least have a 1.5. ( eg, risk 1 point to make 1.5). This...

how could this rally hurt you that much if u used STOPS>!??!?!?!?! manage risk. everything else is secondary

lol gotta love them internet market gurus bwahahahahahahahahahahahahahaha!

i constantly see (supposed) traders here say how impossible, or next to impossible it is to make it as a trader. hey, it;'s hard work, but compare it to ANY OTHER SMALL business trading comes out even or ahead in many areas. first of all, MOST small businesses fail. restaurants...

"In the end, all jobs leave us feeling unfulfilled" nope stop extrapolating from your narrow experience to the rest of the world. firefighters are "unfulfilled"? cops? military? civil rights lawyers? etc. there are jobs, and there are "callings"

some comments: 1) i scalp for ticks for a living. so, whomever thinks it's a suckers game, it's a suckers game that you can make a great living at (note: i also do long-term and swing investments and positions plays in different accounts, but my primary income is YM scalps for 4-10 points...

I am a very happy TWS customer. I don't find it clunky at all. I do all my trading using the booktrader DOM, and trade futures (mostly) via IB IB's charting though, imo... sux Use QT. QT works GREAT with IB assuming you can still GET QT. I am grandfathered in. Is QT still...