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I think the number is higher than 95% over the long run. I had absolutely no idea of how difficult it is. I really do not think anything can clue you in other than investing several thousand dollars to find out. My advice is to find the lowest costs possible while learning and see if you can...

I have never had any problems when TWS was a no frills execution platform. Now my quotes occasionally disappear completly along with my p/l and I have to log back in or reenter all the quotes. I also have a problem with TWS not wanting to shut down. I have to go to task manager to shut it down...

Right on. I read tons of stuff to find that ounce or two that rings a bell. p.s for the most part this is one of the best threads I have seen on this board.

LBR says that according to her research any time the ES gaps more than 4 pts. there is an 85% chance that price will retrace back into the gap area sometime during the day. Always thought this was a fascinating statistic but could not figure out how to use it. Maybe you can. I have stopped...

Its easy to get paranoid about the market. It has an uncanny ability to find and flush the weak hands. Newer traders seem to have an uncanny knack for entering and placing their stops at the worst possible locations. They dont have to see your stops to know where they are. YM is very noisy and...

LOL. you are right. We always get sidetracked. 0-3 per day.

Am I the only one who uses horizontal trendlines?

I deleted the post because I felt foolish.:(

My mistake. As ususual my mouth outruns my brain.

I dont know about that. Took them more than 20 minutes to answer my last email.

20 rt's a day is basically scalping. Scalpers operate on a high win/loss ratio and low r/r ratio for the most part. I dont think it is reasonable to expect to achieve 1/3 on 20 rt's. Just my opinion. edit: I know some of you 200+ rters's would not think 20 rts is scalping but to me it is.

20% is about the rake at the racetrack.:) Seems a little steep to me but its really a matter of how you think you measure up against the competition. If I got in a tournament with 80 guys I would figure that I had about a 50% chance to make it to the money.:D

Put another computer in your bedroom and network all the computers together. Shouldnt be that hard to have your trading computers signal your bedroom computer. It could be a very cheap used computer since all you need is the audio and a lan connection.

If you can judge the end of a big move with reasonable accuracy you can do this. Used to watch Amat4swa trade that way all the time. Damnest thing you ever saw. He made it work for quite awhile though. Then he dissappeared only to reappear with a different style. Always wondered if he took a big...

I think attention has to be the #1 motive for anybody to post here. Of course there are some who only post out of generosity for the good of mankind and we all know who they are.

Interesting article Hank. I really like this: Victor: In general you get paid for taking risk in the market. The basic idea of value investing is to invest in companies that can’t lose money. If you can’t lose money there’s no profit, there’s no return, since there is an unchanging...

Chicken Little I know you want to warn us but the sky is not really falling.

Well for one thing I doubt there are more than a few hundred active posters on ET. The 35k number is hyperinflated containing everyone who has ever registered. And of the few hundred I would bet that 95% are as greedy and selfish as me. Nevertheless I applaud your charity.:)

mak I guess I must be a greedy, selfish sob because it is totally beyond me how someone who finds something that works well in the markets as you and prof say you have done would spell it out for the whole world to see. There is a lot of money out there constantly searching for these things...