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Exactly... That's why if you can't beat a buy and hold strategy with an index ETF you probably shouldn't be trading

1% or 3% mean very little if your stops are too tight.

I'll be happy if I can still walk around a golf course.

I don't have the data to substantiate that pro's use EOD and delayed data. I use EOD info for the most part but don't consider myself a pro. I like to think of myself as a successful retail trader. I get to buy my data cheaper that way. :) When I say real time trades I mean that the entries...

Interesting concept; Where do you exit?

My guess is no one would believe them. Tough crowd on these internet forums. Only trades posted in real time are believable and then there is no way of knowing if it was a real trade or a sim trade. Much easier to sit back and criticize.

Did you take any profits friday?

Where are your exits?

Use you sim account to see if your strategy works. Real money and sim accounts will have different fills (especially with market orders) but you should be able to see if your strategy works. Trade the same dollar amount as you would if you were trading real money. Don't sim trade a million...

The only metric I track is "Did I follow my plan?"

Why would you be concerned about me? As long as you are making money it doesn't matter whether I'm right or wrong.

Does that mean that when you lose money the markets are right?

How can a market be wrong. That's like saying the liquor store is wrong. Possibly you can give an example of when they were wrong.

I'd sure like to know which reg prevents you from making performance claims? I have been looking and can't find any agency that regulates chat rooms and or educators. Could you please point me to the appropriate regulation.

Why do you think that is? Is it that with a small account you worry more about the money than you do the trade?

I've always maintained that the decision to hold a stock is the same as the decision to buy a stock. Why would you hold a stock that you wouldn't buy.

We seem to trade with a similar system. I need a reason to exit a trade, not a target. I buy stocks because they are going up so why sell if they continue to do that. The more a stock increases in value and the longer I hold it the exit get further away from the price. My number one rule to...

I see your point. What do you do? Set a target or let your winners run?

I didn't read his 10 rules, only what you printed. Like I said having a price where you take profits can be explained by having a criteria of where you sell, not a specific price. I'd hate to put words in PTJs mouth.

Yes i didn't trigger a short. by the time the down trend was confirmed it was over. For the most part I don't short. Not in my system.