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BAD DOCTOR! September ended with a profit of 16% I was only right 33.33% of the time My profit factor was 3.76 to 1. I missed one trade due to a certain rule I have, which I back tested (with all the currencies I trade) and decided to remove that rule, although it rided me of some losses. The...

Do you have written rules which tells you when to get in and out of a trade, or do you go off of "a feel"?

September yielded a profit of 16% Amazingly was only right 33.33% of the time Profit factor 3.76 to 1

Have you thought of swing trading? Do you think longer time frames will improve your trading?

So, for the year where are you at as for as P&L percentage wise?

You can say that again! Plus an unbelievable amount of people are "know it all" types and won't listen to you even if you are profitable. So what do you think of Prop firms that claim to teach people to trade, to your knowledge are any authentic?

I see you use Ameritrade, me too, through think or swim. I use Investools for research (owned by Ameritrade as well). PM, sucks as a company, but you are trading it, not marrying it. Anyway, glad you mentioned them, I've added them to my watchlist to short once the market starts to go down...

In a down market, wouldn't you just sell calls?

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Well then, this is the reason these type of traders do not trade for others. In my back test my drawdown was similar as you described above. But in my case, I'm willing to take that hit. In a course of a year, I had 4 months of what I call "disaster trading" in all my back tests. I don't...

Forex is really liquid. the 50:1 leverage is so due to the current government regime. Once they are out of office, perhaps the leverage will go back to where it was pre-Obama which was 200:1. When I was a rookie the leverage really bothered me, today I practice good risk management and the...

How many people have you taught?

In the upper left hand corner, it states this is a daily chart. Do you day trade or swing trade this security.

Oh, this was mine, I suck more than you in August :eek: You know we have to be careful not to change too much because we are loosing some money. No trading program will be 100%. Last year I lossed money most months but still managed a 79% profit. I guess this helps me keep the faith. I have...

Thanks bro, I'll apply.

August Trading= -12.08%

August Trading= -12.08%

Haaa, LOL. Yeah this sounds like me, only I'm married with kids and never lived in my Mom's basement. Anyway you are right about blowing up accounts, I would not be considered one of those "real traders" but last year I made 79%, and this year, I'm really struggling for air. However my...

Ofcourse HFT's fail. It doesn't mean they are not cheating. They fail because of competition with each other. The fastest is the one that makes the money, but they are still cheating. If I'm not mistaken, the industry is currently under investigation. Not hopeful the government will win this...

I don't know why people say HFT scalp, to my knowledge, that's not their goal, their goal is to "front run" the publics order, that is why they can go many days without a loss. Human traders scalp, HFT, tries to "guarantee" profit.