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Thanks Bob, so true! (Actually my winning streak was only 1 1/2 months, I added a month unintentionally - hee, hee!) After reading Alan Farley's 3 ways to make a profit, I calculated more important numbers than "days in a row" and it really gave me a confidence boost: 56 trading days...

What??? No Santa Claus??? That explains everything!

I always tell people: "This guy can trade his way out of Guantanamo!" Awesome work, Bob!

Attached is a picture of Hermit viewing my P/L post today.

- $1524 Wow, broke a 2 1/2 month winning streak with one badly managed trade (it was initially $300 profitable, ended $1700 loss). Interesting open for me, and serendipitously positive. Just prior to open I offered 36.60 HANS. I decided that since I had capital tied up with NFLX calls, I...

- $1524 Ended a 31-trading-day winning streak (+$11700), wiping out 15% of the streak's profit with one trade, badly managed, or is it "badly mangled" :p The rest of my day's trading was fine. I assure you I will never again neglect to lock in profits when presented. Hermit, I am...

Taking a loss quickly when a strong setup fizzles makes no dent on the psyche of an experienced trader. I just told a friend that I feel way better about a well-managed losing trade than I do about a winning trade that I stumbled through like a drunk idiot. This is a double-edged sword...

Yes it does. The China Study by T. Colin Campbell, PhD - a must-read book.

Bob, nice day! Glad you're feeling better. It's nice to be NFLX-ing with you; I look forward to the daily chant :p

+$157 Mainly a scalping day as I practiced my L2 reading ability. Total waste of my time as the nice market gain would’ve carried almost any long position beautifully. ORLY was downgraded and the trade became profitable this morning, but I promised my better half I would hold it until...

+ $157 I practiced scalping off L2 action today. What a stupid day to do that!

Thank you for finally clarifying why a trader's money goes down the toilet in the opposite direction when trading from south of the equator.

That's a market crash. Already happened. We're all safe now.

It's taken me quite a while to learn this is indeed the biggest edge of all. And if you'd like some backup to this, check out this journal: http://www.elitetrader.com/vb/showthread.php?s=&postid=2358234#post2358234 What is a loser? A trade that moves against you. Might the trade that...

Mike, thank you very much. After the mess I slogged through last year, I am very happy to share my journey. Now don't get me wrong; there was nothing wrong with the trades I put on last year. The problem was with my risk management. I've adopted Geez as my discipline and risk management...

I sure hope everyone who wants to be successful is paying attention to the sheer magic behind these numbers. Geez, nice work, well ahead of target, too, despite a "tough" week.

NEM looks really good for a swing short, too. It reminds me of the airlines, moving in large smooth trajectories from overbought to oversold and back on the daily chart over a period of weeks. I'm setting up a "paper" swing trading account Monday for just these sorts of stocks to see how it...

Yes, they have a stochastic pane, volume pane, and 10- and 20-period SMAs, same as my larger charts. I only use the small charts to glance and see what's coming into major S/R. For example, AAPL just pulled back slightly from a very strong resistance level ($103) that's proven impossible to...

I've found that when a widely know pattern fails me it's because I missed a more important "big picture" scenario. For example stochastics are a fantastic signal for entering a counter-trend trade; however, make sure a previous S/R level is not about to be tested, because if so the...

Paul, I have a watchlist of about 30 stocks/ETFs with samplings from various sectors (MOS/POT, IBM/MSFT, AMGN/CELG, APOL/CECO, ORLY/AZO, GS/BAC, FAZ/FAS, BBBY/WMT, DRI/MCD, CLF, USO, FSLR, GOOG, AAPL, etc). I have a separate 4-monitor view with tiny charts of one each of these on a...