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    MAGA: 7-year-old migrant girl taken into Border Patrol custody dies of dehydration, exhaustion

    It is the parents fault for taking the child without food and water. What did they expect? A child's body is more sensitive to heat and cold because their bodies are not fully developed. Add to that, depriving a child of food and water and this is what you get! Border Patrol did everything they...
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    What to do with my life?

    In cases of a gap down or gap up, you stand to lose substantially more than the 2%. The 2% is a guide after all. 80% of the time, a Stop Loss would work to limit your losses. If you want to really limit possible losses, learn to trade options. Options buyers maximum risk is the cost of the...
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    What to do with my life?

    You might find this article useful. https://www.investopedia.com/terms/t/two-percent-rule.asp
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    What to do with my life?

    Why are you so dense to be able to figure out what 2% means? That if you lose 5 straight trades, you have lost 10% of your monies? Studies have been done on the 2% rule so, look it up for yourself! Compare that to the current trade size the OP uses which is 5%-20%. You need math to figure out he...
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    What to do with my life?

    Anything that has a 90% win rate has to have miniscule returns not 5R returns. Much like buying options vs selling options. A lot of option sellers claim 90% winners until that one big loss wipes out all their profits and their capital as well as the Optionseller.com guy. The number of contracts...
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    What to do with my life?

    >>Position sizes range anywhere from 5% to 20% of my capital. << Maybe, you should take your own advice and read the post yourself! Yes, your risk is 5% because if your trade goes against you, you have to be prepared to lose 100% of your monies. Or that whole 5% but, he is risking as much as...
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    What to do with my life?

    The biggest losers are the ones calling others losers! Elitetrader is full of egotistical BS artists and trolls. Not worried about them because like Optionsellers.com who had atleast, $100 million in the stockmarket lose it all in one bad trade. These guys have no clue whatsoever.
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    What to do with my life?

    The goal is to preserve your capital. It takes just one big whack to blow up your account. You can lose 5 trades in a row and if you have say have 10% committed to each position then, you have suffered a 50% total drawdown and have already lost half your monies.
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    What to do with my life?

    It is 2% because statistically, that is where your chances of blowing your account is close to zero. Some traders suggest using just 1% limit on losses. The 2% limit on losses is huge if you have multiple positions. Say you have 5 positions which all turned out losers, that is a 10% drawdown on...
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    If Cohen has so much on Trump, why is he going to jail?

    NDA's are used by so called Hollywood celebrities all the time. I think how they got Michael Cohen is when he lied. In the first place, as a lawyer, he should know what he can and cannot do! No client is going to be able to force any lawyer to do something against the law because that is the...
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    America's Left in the Grip of Insanity

    Didn't these same Hollywood celebrities keep harping on that the Trump tax cuts only benefit the rich? Now, that these extreme liberals who are filthy rich that they instead, will pay more in taxes, they are livid! Call it karma for lying to try and score political points with the voters!
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    So what works then?

    You should be reviewing your trades and looking at the stockcharts and see if you are committing the same errors over and over. Chances are good you are! You should also, calculate your win percentage, loss percentage, average size of winners, average size of losers. Your winners should be...
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    Blowouts

    If you do start a trading journal, it is for your own use to monitor your performance and determine if you have an edge. Under no circumstance should you post anything on Elitetrader especially, a trade journal. A good trader was hounded and harassed by trolls and BS artists on Elitetrade due to...
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    So what works then?

    You are all over the place is the problem! No trading system works 100%, you will have losses. Let me guess, I bet you do not have a trading journal, trading plan nor observe proper risk management? Good trading is boring and does not need to be complicated. If you do not have a trading journal...
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    Blowouts

    Risk management is pretty much ignored by most traders and you have posters come on ET and say they blew up their account, then, continue to still blowout another account after another! I lost quite a bit of monies in the stockmarket and I started with the buy and hold as an investor and lost a...
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    Wrap It Up, Mr. Mueller

    Republicans need to be reviewing between now and 2020 the voting rolls and having dead people and illegals (foreigners) purged from the voting rolls in all the 50 states. Democrats in California managed to sweep out of power all Republican Congressmen from overwhelmingly, Republican areas of...
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    CANCEL orders. The most powerful order never discussed until now!

    I do not trade equity futures, only equity options. And there are market makers in the stock and options market. Do not know anything about futures as I do not trade it.
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    CANCEL orders. The most powerful order never discussed until now!

    No. It is the market makers doing it because I see lots of orders lined up at the same price at lower prices on Level 2. It isn't like they are trying to even hide it! You can see it in plain sight. Common sense dictates to cancel your sell order and wait the very next day. Chances are good, the...
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    When to start trading real money

    You have to have an edge. If your trading records over hundreds or thousands of trades show you have an edge, you will win so, can begin trading live. However, if it shows a negative expectancy, you will only lose your monies. Your gains have to be multiples of your losses and the winning...
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    When to start trading real money

    Optionsinvestor is the real deal. Trolls and BS artists ruined his thread. Doesn't really matter because the good traders will continue to trade the stockmarket and make monies while, the trolls and BS artists continue to harass people on Elitetrader. Those who attacked him are either just plain...
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