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too late, the SEC has already sent the warrent out for your arrest for front running. My advice, don't bend over to pick up the soap. :-)

for my stock trades which are longer term, I am holding into the weekend and added more today. For my forex trades which are short term, I have finished for the week.

1) Take some off if you have too large of a position, or take some off if you are up 100% to lock in some of the gains. 2) Take some off if you have a margin call. 3) Put more in if your stop loss has not been reached and you still believe that you were right in the 1st place. 4) Put...

One thing you can use when you are trading stocks or options is fundalmentals. And I am not talking about PE which I believe is misleading. 1) Example #1, legal judgement or FDA ruling on a stock. If you know the possible time frame, you could use a neutral trade like a straddle. Like...

which one are you in? What is the min investment required and how much profit do they take from you on winning trades for example 20% or 25%?

Hey, no problem. For my idea of a stop, I would like to know what you think of your win % is and how big is your ave drawdown, and I could make a decent stop based on either chart support or put it below the ave drawdown. My previous stop was based on chart support, but forex is spiky and I...

I use FXCM, would those indicators work in their standard applicaiton? By the way, I did take your first test trade with real money, but got stopped out since I set my stop too closee to the previous low and did not take into account the spread was large. Again, I will always use stops so...

I went short the DJIA today using the DIA. I got filled at 125. I will post either my stop out or my profit. Good luck all.

I discovered Austin's real secret for making money on trading, and I have been doing pretty good lately by implementing it.

Only over 300 pages to figure out that traders were using the wrong offset. Its almost funny... Now, maybe someone will start making some money too....:-)

"There are not any stops in this method" Well, I think there is one stop in your method, its called a margin call or account blow out. I am not trying to bash. I think you have some great ideas. However, I would never trade a system that does not have a target and a stop unless you are...

elohio, no one cares that you have a small one and want to pretend that you are a big shot trader to compensate for nature not being kind to you.

beeflover, why don't you do what I think Jack suggests: Create a log, it could be in Excel. Create the following columns: Trade price, postion, reason, outcome Trade price = the price you got filled. Position = short or long Reason = why you took the trade Outcome = points lost...

Jack, I think there are traders that are happy for your thoughts. I offer congrats to you for trying to educate some newbie traders without asking for anything in return. I used to teach DOS and Windows, there were some people in the class that got it, and some that for whatever reason...

Wow, traderdragon, you are such a baby. Its obvious you want people to be impressed with your pretend system that does not make a dime without photoshop as your edge. Well, no one cares about you, we are not impressed. You have been weighed, you have been measured, and you have been...

Let's assume that some firms like Don Bright's are honest prop firms. Well, for those firms you would not need to worry about them stealing your money since their reprutation is worth more than your small deposit. Now some other prop firms might be small and not making money even if they...

I think as some have pointed out, you need an edge. Once you have that edge, you need to realize that you will have losing trades. You will never find a system where there are no losers. So then the next step is money management in that you set how much a % you will risk per trade knowing...

I wonder if simple method could work with stocks. Lets assume that you find a good stock, and then use technical analysis to determine when to buy it. For example, out of forex, futures, and stocks, right now on collective2, tonight, the best system is RT Hedge LT which is a stock based...

I will sell you a site for $ 2,000 and you can have conversations with yourself. That way since you will be the only one there, you would not be attacked.

I don't understand why none of these so called vendors even Austin will not post trades for a month here in a journal. They always want us to take their word. By the way, I took that free 1 week trial of Franz's room a long time ago. I lost $ 200 so I did not feel like paying $ 4,000 to...