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Hello Pekelo, Thanks for the answer. I will check it out. Leverage is Power.

Good Morning Pekelo, Question please: Do you know where Livermore initially received his trading capital from?

Hello Pekelo, Yes, over using that leverage is always higher risk and cost.

Hello tomkat22, Great question. The best current and active verified trader I know is this guy below. He is a great trader https://kinfo.com/portfolio/24427/performance This another best trader in the world. He wins 98% of this trades. This beautiful. I love it...

Hello deaddog, Yes, I understand what you are saying. Both the investments will have to return a profit for this situation to work out, agree?

Hello deaddog, Thanks for explaining to me. Are you saying if I have an investment that need $50,000, I can borrow that $50,000 from the bank at about 7% interest, 10 year loan? Then invest the $50k and over the 10 year period, I can deduct the interest on my taxes? Then use the profits...

Hello Laissez Faire, Great story. I can agree with it too. Just because you have money, does not mean you can win. And for this trader, once he loss $50,000 trading, all his mental was stuck on was "I gotta get this $50,000 back, I can do it, this is easy". Then loss another $50k, then...

Hello Laissez Faire, No sir, we are not drifting off topic. The money is motive, and the money can be issue. If you had triple your needed trading capital to trade successfully in your personal saving account, then you would not have any mental trading issues. ZIP, ZERO, NONE. Period. If you...

Good Morning Millionaire, Awesome question you asked: It is not about having a great life, it is about having a consistent great life forever. The only way to accomplish that as man, is consistent more money happily. A back up plan to the back up the plan. For these reasons: 1. The same...

Hello Laissez Faire, That is correct. Lets be honest. If you had $500,000 in the bank in your saving, and no debt, and a wife happy in her career, and you happy in your career, and another $50,000 to go trade with, you would not have NO mental issues. The only issue I have and working on...

Hello deaddog, Thank you for the advice. Just to make sure I perfectly understand what you are saying buddy. Are you saying if I want to buy a car that cost $30K, do not get a loan from car dealership for $30K? Are you saying instead get a personal loan for $30K with interest, invest it to...

Hello Laissez Faire, Great discussion I can only speak for myself on this. What helps me mentally in this trading business is: 1. Having Alot of money in savings account. Have all the personal things I want in life. Family is happy and satifisfied. My career is great. My house is great and...

Hello Businessman, I am just very happy and bless I can trade ES daily. There is no greater feeling.

Hello nrstrader, I can only speak for myself. But the secret to my success is simply 2 things. 1. Going to my job and working hard every day. I am always happy and always successful day-to-day. 2. Opening my ES chart and clicking buy and sell button XX-XXX times. I am always happy and...

Good Morning pinabetal, Yes, hopefully someone goes to the live trading event and can share insights and enjoy it. I think its a good experience to watch Al Brooks trade live. I can not attend, because the cost is a bit out of my budget, and too far of travel. There is another trader there...

Good Evening pinabetal, Thanks for the update on Al Brooks trading live for a few days. Sounds lovely and I am sure this will be a great experience for anyone who study his course work. I believe this is a good thing. Thanks

Thanks for explaining. That makes sense.

Hello Overnight, I perfectly understand. That is around the time I started trading as well. It is a lot of work and study and practice to get confident and consistent. Have you considering trading the SPY instead of ES/NQ futures market? I think SPY is a bit better for big swing trading...

Hello unconventional wisdom, Awesome question. For me. 1. $1.5 Million and dollar cost average in the SP500 index over the next +20 years. The markets goes one way, up, since the 1900s. 2. $250,000to trade the ES futures. Trading the ES is so fun day to day. I love it. 3. $250,000 cash.

Hello MacBookProHo, I woke up!