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  1. R

    Mint 23.6" Monitors for sale

    Thanks for your comments everyone. I posted these for sale on Craigslist and someone picked them up. :)
  2. R

    Mint 23.6" Monitors for sale

    I'll drop it to $165 each shipped in the US to anyone interested. Thanks again guys!
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    Mint 23.6" Monitors for sale

    Hey everyone. Getting rid of a 2 monitors I have here. They are the ASUS VH242H Black 23.6" 5ms HDMI Full 1080P Widescreen LCD Monitor 300 cd/m2 1000:1 (ASCR 20000:1) Built in Speakers http://www.newegg.com/Product/Product.aspx?Item=N82E16824236052 I bought these things about 7 months...
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    Is learning the trading business like learning any other business?

    VERY well put. Trading is definitely a business and you have to put in the time and really FOCUS and be determined if you want to be successful.
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    Richard Dennis and Turtles In Chicago Tuesday

    I've had the honor of meeting Michael and reading his books. Great author, great story and most of all great wisdom.
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    Why most traders are losers

    I disagree. Having a technical strategy that is quantifiable is what makes some of the best traders the best. It's all about having a strategy and following it with discipline. Guys like Jim Simmons, Jerry Parker and many other 100% systematic traders do much better then traders who have a...
  7. R

    I bet the best traders on ET do this...

    Jerry Parker, Salem Abraham Hope that helps.
  8. R

    Why most traders are losers

    No Plans, No Rules, No Success.
  9. R

    Your Favorite Market Wizard

    Larry Hite is a great one as well. He stresses how important it is to manage risk vs. knowing what market. He gives an example of a Coffee trader who knew everything about Coffee and ended up losing over a 100mil. Larry on the other hand just looked at it as risk per trade.
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    need license for trading for friends & family?

    We have some clients that use IB for the friends and family setup. They say it works great. If you want to be able to charge fees though automatically you have to be registered as a professional. I don't believe you need a license though unless you are managing over 400k or 15 people.
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    who is still profitable in the forex?

    We've been doing great with Forex. Our mentality is the same for trading anything. Trade with rules a plan and discipline. You also need to have a plan of when the inevitable draw-down occurs.
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    Stop to BE then what?

    We use structure to trail stops. For example once we've gotten our 1st, 2nd and 3rd target and we're looking for a runner we look at market structure. If you need any help, contact me, I'd be more then happy to help you.
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    Is this Trading Psychology?

    Exactly right. You need to have an exact trading plan of what you trade, how you trade with rules and everything. Most traders don't have that which is why most fail.
  14. R

    Do pro's trade SPY?

    Generally when we want to trade the S&P we trade the ES futures, however we have played SPY with Options as well.
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    Must read beginner books

    The Disciplined Trader Trading In the Zone
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    Newbie Question

    IB is a good place, its 10 bucks a month with full data (stocks, futures, options, forex, etc). He can use NinjaTrader with the charts for free. If you have any questions, shoot me a PM. I can try and help.
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    Need platform recommendation for IB

    We use NinjaTrader. Very clean simple and its Free if you dont use the chart trader feature.
  18. R

    a secret to win in trading

    Some of the important factors in trading are many of things that most traders don't do or have. That includes: 1. Having a quantified plan 2. Rules 3. Discipline If you don't have at least those 3, you're usually on a road to failure.
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    Does anyone trade crude futures long term?

    We've taken some crude trades that have last for months. A lot of real wealth in trading comes from position and swing trading.
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