I don't totally agree with that. For example, Trader Vic did a study of the Dow from 1926 to 1985. He calls it the "4-day rule"...He...
Personally, I don't think the markets are random. But, that's another topic. But, if you're getting 50% of your trades and making 3 points...
Good advice...that was my biggest problem when I started out. First it was pullbacks, then if I had a bad day I'd try breakouts, then when...
Personally, I think 1 or 2% is best, but I wouldn't say 5% is way too much. But, I definitely wouldn't go over 10%. Here's some good advice from...
Sounds like you're on your way to being a millionaire! :D
I'm not sure I completely agree with that. For example, on the stop losses you mentioned. I'm sure there are some traders who risk 3 times their...
That's a good point and why I try to post a quote from a recognized expert when I post. Even though I've been involved in this business for 15...
Some people just don't like the idea of taking risks. As Linda Rashke would say..."Never fear the markets. Never fear making a...
Nice poll Gordon...you can't lose! lol :D
I think he means Don Bright. The guy who offered the starter of this thread a million dollars to trade with. And no offense to Don or...
Sorry, I didn't know you would take it so personally. You can call me break if you want...lol Talk to you later...I'm going to bed.
Yea, those were some really dumb quotes Hypo. Pull your head out of your butt!...hehe Okay, let me clarify my feelings on this. I...
I don't doubt you know what you're talking about, no offense intended. I posted the original quote to John Q. Public because I thought...
Now what kind af an attitude is that? Think positive!...hehe
Flip a coin----heads,you buy;tails,you sell---and if you have proper money management and good risk control, you will make money...Larry...
For me, number one is it...Commissions. I know of several methods that would make good money if weren't for um being so much. (Make a...
Nice journal, but I do have a suggestion. Instead of just marking you're charts showing where you went long or short, try using a simulated...
I think Trader Vic made a nice analogy.
Well, this is two guys I've ticked off now...hehe Sorry, dude... I'd start a new thread using the proper wording, but I think I got a...
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