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  1. wrbtrader

    Are bonds finally dead?

    That has to be the post of the month :D
  2. wrbtrader

    Develop and follow a written trading plan

    Maybe he's choosing to only talk about his trading plan (initial theme of the thread) instead of going into detail about his systemic approach to trading. :D My point...some traders do have a systemic approach to trading but its their choice to talk about generalities involving the importance...
  3. wrbtrader

    Develop and follow a written trading plan

    Thank you very much. I now understand what you're talking about via using a USB cable for power and data transmission to the external monitor. Very cool. wrbtrader
  4. wrbtrader

    Develop and follow a written trading plan

    Cell phone was newly released late 2017...I believe it was a iPhone X. Power supply for an external monitor can be via any source but I've never heard of a usb as a power supply for monitors. Do you have any name examples of such...something that someone can put in their laptop backpack...
  5. wrbtrader

    Develop and follow a written trading plan

    Maybe they aren't trading just one market. For example, if someone is trading 4 different types of markets...one futures, one stock, one forex and such along with any supporting charts related to each of those trading instruments... Most likely they'll be using a multiple monitor setup...
  6. wrbtrader

    Develop and follow a written trading plan

    Took him only 5mins to setup and ready to go after pulling it out of a large backpack and setting up at a public library that I selected (he's never used before)...that's complicated to you ? :D By the way, I saw about 20 other people at those desks...every one of them had a laptop although...
  7. wrbtrader

    Develop and follow a written trading plan

    You could do some research on mobile day trading...there's many ways to do such and I really do not have the time to explain any in-depth details beyond general info. In my own research, how and where you're connected along with your cell phone plan is a big part of the equation. I've actually...
  8. wrbtrader

    Success’ on YouTube Still Means a Life of Poverty

    Most traders are not full-time. Thus, most traders would have a primary job while trading part-time in hopes of one day being able to do it full-time. I don't know if that job is a day job or a night job or contract (seasonal work). Yet, I was talking about Youtube. I remember reading...
  9. wrbtrader

    What are the most important things for Technical Analysis?

    Most important variables that move the markets...do not involve technical analysis. TA only gives you a visual piece of the puzzle.
  10. wrbtrader

    Success’ on YouTube Still Means a Life of Poverty

    I always believed that most of these people had other jobs and that the Youtube thingy was like 2nd income to them or some sort'uv part-time gig. Thus, I doubt they are living the poverty life.
  11. wrbtrader

    how to make trading education less boring?

    I remember most education classes in high school and college were boring. Yet, the traditional education system is surrounded by branches into society that's not boring...reason why we endured and continued going to classes. All had other aspects to keep you willing to endure the classes. In...
  12. wrbtrader

    The most efficient way to review my posts here at EliteTrader.com is via...

    The most efficient way to review my posts here at EliteTrader.com is via https://www.elitetrader.com/et/search/7222414/ - wrbtrader review
  13. wrbtrader

    We need big losses from time to time, to rethink the strategy and improve it?

    What do you mean "review your strategy" (exactly) ? You doing new backtesting, you reviewing each trade to see if you've been following the rules of your trade signal strategy, you reviewing the price action you're trading, you reviewing your trade management rules, you're updating your...
  14. wrbtrader

    We need big losses from time to time, to rethink the strategy and improve it?

    I notice you mention you're still profitable but you don't mention the number of big winning days. You should always be improving your trading (profitable or not profitable) and big winning days or big losing days. Sometimes the improving may not involve any changes to your specific trade...
  15. wrbtrader

    How to work towards going full time

    You need to look at more than just earnings similar to your regular job. You need to look at the other benefits your regular job may be giving you such as health care benefits, life insurance, pension plan and paid vacations. That's the total your want to earn similar in your trading. Reality...
  16. wrbtrader

    Develop and follow a written trading plan

    This isn't philosophy. Get a group of traders together and then give them the exact same trading plan...via your example...to Short the upper boundary. I guarantee someone in that group will have different perception about where and when to Short that upper boundary although Shorting the upper...
  17. wrbtrader

    Develop and follow a written trading plan

    Its the exact same trading plan...exact same trading rules. Yet, two people are not exactly the same. Therefore, they will execute the exact same trading plan...differently due to cognitive reasons. They may not even trade the same trading days in any given month or year...different personal...
  18. wrbtrader

    Develop and follow a written trading plan

    Manual trading as in without automation = Discretionary trader That's why two traders using the exact same written trading plan while trading the exact same trading instrument...each trader will have different trade performance results because everybody reacts cognitively different from each...
  19. wrbtrader

    Develop and follow a written trading plan

    Discretionary trading can also just mean you're not "automated" or not using codes. Thus, a trader with a written trading plan can still be a discretionary trader because trading (when to enter and when to exit) is still at the "discretion" of the trader. For example, a trader that outperforms...
  20. wrbtrader

    Trading Discussion

    https://www.marketwatch.com/story/heres-how-the-stock-market-has-handled-past-government-shutdowns-2018-01-16 There's other websites that actually show market performance via charts when there's a U.S. government shutdown. Just use a search engine. In addition, I've seen charts of Gold and...
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