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I suggest this one: http://www.amazon.com/Make-Money-Stocks-William-ONeil/dp/B000VNO2T6/ref=sr_1_1?s=books&ie=UTF8&qid=1402156252&sr=1-1&keywords=How+to+Make+Money+in+Stocks I haven't read them all, but, generally speaking, the older the edition, the less hustle. And you can pick this up for...

Or one could hypothesize that the doji is simply an illustration of the efforts of traders to seek equilibrium. If the doji were "opened" in a smaller interval, this could easily be seen: price opens at a certain level, rises until no more buyers can be found, falls until no more sellers can be...

Certain death by this means carries no risk at all. But then we're all certain to die. In any case, since the thread is entitled "Risk and how we deal with it", I assume that the OP is referring to risk as it relates to trading. If it's to be another philosophy thread, I'll pass. Otherwise...

There would be risk only if there were a chance of survival.

Today's high: 3782. Being diagonal, the limit is now slightly higher.

Who cares about volume? The NQ is up 40pts so far today.

This may be helpful. Before assessing and assuming risk, one must first understand exactly what it is he's about to engage: I am sick of hearing people say that 90% of traders lose because the market chews them up or the system doesn't work or whatever. That is just BS. The problem is those...

This is much what you'd see if you observed a 1-tick chart. If you watch price move, you will -- eventually -- see how price moves in waves. Sometimes these waves are just marking time. Sometimes they have a directional intent. You may be interested in the auction market theory section of...

Let's see if he emphasizes price drivers.

Your edge begins with the knowledge you gain through your research and testing that a particular market behavior offers a level of predictability that provides a consistently profitable outcome over time. Without it, one is just "playing" the market in order to have something to talk about on...

You may want to determine who "elitetrader50" is . . .

If you consider the NQ to be a major index, the upper limit of its trend channel is around 3780:

The trend is not an "edge". Unless and until you've tested all of this, you by definition have no edge, much less a trading plan. Trading according to what seems like a good idea at the time is not a recipe for success.

I'm sure there are.

Yep, hand to mouth. Ever since I retired in 1990.

Profitability is important. Unless one is just doing it for fun.

Unless you're suggesting that your journal provides an example of everything that an aspiring trader should not do, I suggest he look there. Whether you post live trades or not is at best secondary to whether or not you can make enough money to support yourself. Again I suggest that anyone...

+100

Which is comforting to a limited extent. But if one has a negligible winrate and no profits, the marathon will be over before he's had a chance to move away from the starting line. It doesn't matter to me if one receives his trading prompts via radio signals from the moon; he must have a...

Out of 10 trades. Out of four trades, 3:1 would be 25%. Be that as it may, you've had nothing close to a 70% winrate for May, so, as I said, this is all theoretical. Post your trading plan and the OP will have something to work with.