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Some of the best I know are over 30, these are they guys that have been around a few years and will likely be around a few more years. His book is probably dated somewhat on that. Today's trader is a new breed, not the hyperactive soes bandit making 100's of manual trades daily, instead...

For starters, you can only trade for 6 or 8 hours a day, so recruiting and training traders is a way to increase your income during non trading time. Second, who wouldn't want another income source(I don't think there is anything wrong with it either!)? Finally, while I agree that trading is...

Absolutely not.....do not put all your eggs in one basket. The ideal strategy, is to be a multi-market, multi-strategy, multi-time frame trader.

Time to man up and leverage that puppy @ 20:1....make hay when the sun shines.....make hay when the sun shines.

One of my worst trades today was a short, TXN whooped me good! (When I saw the fill, I was certain it was worth at least .15, instead he took .20:() That being said, I agree with Shreddog on this one, trading the OPG, we are providing liquidity, and hoping to profit on a short term basis...

Two ways to look at it, it keeps you out of a losing trade, and it creates a shorter momentum based trading opportunity. As always, you want to have more than one strategy for making money in the markets, knowing how to handle the news and or trade it is a very valuable skill set.

Not a very strong case, IMO. By your own admission, the guru taught a strategy that made money. Just because a few don't learn it does not support your case that trading can't be taught. To trade successfully, you need to have some capital, a plan, a few strategies, be willing to work...

Over my dead body...

It's going to get there, make no mistake about that, 15 years or so.

It doesn't take great survival skills to survive a hurricane, one only needs to revert back to our primal instincts. When the heard is running, you might want to run with them until you know what's going on! :) As for my analysis, I have found simple to be better, and many other successful...

Skill set? Yes, like I said traders are made not born. But you don't need to be a haaaavard graduate, or a yale stooge to be successful. You need to learn how to research and evalute strategies, you need to learn how to execute, you need to have a solid plan, and I think that you need a...

Nature vs Nurture? Hmmmm.... I think great traders are made, not born. If you do the work, create a plan, evaluate your results and keep changing your approach, you can be come successful, very successful.

It is spam...but it might be very good spam. I thought of setting something like this up myself, the problem, you need to verify who you are really dealing with. Professionals will deliberately lie about their positions, is my take. Data mining will improve trade selection, and help you...

Oh...i get it now....a newby spamming his sight....and I thought this might be a serious discussion of sentiment. so what how do you gauge sentiment? Share with us all!

The crowd is wrong at turning points, however, they can be right for long periods of time. My research has suggested that only extremes should be faded. As always, do your own research on both an entry signal and a stop loss plan.

I for one like rennick....he speaks his mind and does it without hiding behind some alias. Anyone who was at the chosen reservoir has my life long respect!

A friend of mine changes parking places based upon his performance. If he had a bad day, he parks in a different spot, If he had a good day and wore a ball cap, he wears that ball cap every day until he has a losing day. . As for me, I believe I make my own luck. Through hard work...

In order to become consistently profitable, you must develop an edge. A strategy that when followed will yield positive results. This requires research and study, and you must constantly ask yourself two key questions: What am I seeing? How can I make money with this? You will look...

Add another arrow to your quiver, specifically, a short term trading strategy that will help you qualify, and add a little bit to your pocket!

vhehn.....I noticed you are the master of quoting other people....I'm wondering....do you have any original thoughts of your own to share?