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What system is best for you to ride the wave?

Who is SMP? You mean SPM?

>>Wall Street employees become farmers>> I laughed twice when I saw this title. Once because Wall Street professionals don't know a combine from a P&L summary. Twice because the sheeple swallowed NAFTA, sold to them by politicians, after being told that no US manufacturing jobs would be...

Darn, you are a smart cookie, gnome. It's easy to forget the few voices of logic amidst the throng of ET posters (as opposed to ET traders). Kudos for keeping your eyes open and not swallowing what the media sells the sheeple.

Had two bad days in a row. Had a grand day today.

Does anyone still naively believe that any of this is an accident?

120208 -$500 $2,276.80

Pulled my money away from IB long ago. haven't missed them a bit... Talk about sorry piss-poor service.

Sorry to burst your bubbles, but my systems always use hard stops and I haven't had a losing week for eight years, except for one, but I blame a woman's distraction for that.

For the newbies and unprofitable traders: Learn a manual skill that is necessary in the hardest of times. If you never have to use it for that purpose, you will have something to teach your boys after you retire young from trading.

The higher balance below is from unrelated trading prior to official start. 120108 -$500. $2,780.90

Correct. Failure to emerge timely from a recession would be recognized as a depression. The 30s were not the only depressionary period in US history. Check the 1870s. In fact, that earlier depression more resembles now than the Great Depression. Will this depression rival those? Speculation is...

Depression next year? Why wait... If you doubt it, visit the East Coast.

Only every time I have a grand day ($1k+ in profits). Nothing wrong with it. Enjoy it. I think making money is a thrill. Dismiss the pissants who think its beneath a trader to celebrate.

I don't daytrade, if you consider daytrading habitually wanting to hit the buttons. I listen to my system, sometimes it says to trade twice a day, sometimes I don't trade for three days. But your point about being an unsocial person is a remark I resemble. I like to earn my living without...

Well said.

You can read for years or you can apply what you learned and find out if you have a future in trading. PUT THE BOOKS DOWN. Trade on a sim. Begin as small as possible. Create your systems. Trade cash. When you are profitable, increase your size +1. Repeat. You will not learn how to trade by...

I concur with JB3 regarding discipline. Gotta have it. It's not just some "nice to have."

Out of curiosity, I figured out how to automate my systems. But I would never trust a machine I did not directly control with placing/managing orders of real cash. It's a stretch trusting my broker's platform, let alone yet another machine in the mix. I worked too hard for my money and I trade...

ET is already full of posers and posters who never make it past the simulator. I recommend Rosetta Stone to cure your ebonics. Move along, turkey. Ignored.