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  1. Switching careers?

    Oh...ok you have a B.S. in econ...you ARE a total newbie. If you think you aren't, you will soon find out just how much you do NOT know. Investing...
    Post by: TrueProp, May 19, 2009 in forum: Professional Trading

  2. Entries or Exits

    I focus more on my entries than my exits. The majority of my trades are intraday trades, so the less precise that my entry is, the less attractive...
    Post by: TrueProp, May 17, 2009 in forum: Risk Management

  3. daily profit goal, hit it and quit?

    Daily profit goals cause you to look at the money in a trade as opposed to the risk-to-reward. Plus, profit goals are self-limiting, arbitrary...
    Post by: TrueProp, May 15, 2009 in forum: Psychology

  4. Daytrading leads to Inevitable Failure? Is Swing Trading the only Viable Path?

    Wow. You really said that. You do realize that markets existed before algorithms right? You do understand that markets don't exist without people...
    Post by: TrueProp, May 14, 2009 in forum: Professional Trading

  5. Daytrading leads to Inevitable Failure? Is Swing Trading the only Viable Path?

    If by EOD you mean intraday trading systems...you're very wrong about needing to be right at least 60% of the time to win. In addition, no matter...
    Post by: TrueProp, May 14, 2009 in forum: Professional Trading

  6. Major Bank to Collapse in a few days

    Even if it is true, what are you supposed to do with such news? Seems useless. If you're long, you have to wait until tomorrow to exit. If you're...
    Post by: TrueProp, May 14, 2009 in forum: Wall St. News

  7. Tips on How To Trade Large Size - Getting Used to 5k share scalps?

    I've had this problem in the past and in some ways I still have it. The difference is that I'm pushing myself to take 5 digit (10k+ shares)...
    Post by: TrueProp, May 12, 2009 in forum: Risk Management

  8. Daytrading leads to Inevitable Failure? Is Swing Trading the only Viable Path?

    I would bet you're incredibly wrong.
    Post by: TrueProp, May 12, 2009 in forum: Professional Trading

  9. SMB Capital $5k Training?

    This is a relative statement and is only applicable to "any top trader" that you know. I know of a fair amount of guys that are very good traders...
    Post by: TrueProp, May 6, 2009 in forum: Prop Firms

  10. Concentration

    Meditate. I used to do it day in and day out my senior year in college (2 years ago). I stopped for awhile, but when Dr. Brett Steenbarger...
    Post by: TrueProp, May 5, 2009 in forum: Psychology

  11. Port1385 says to "double down" in your 3x inverse positions!!!

    He isn't a trader -- not in terms of actual transactions anyway. He's more of an idea trader --- a consistently awful idea trader.
    Post by: TrueProp, May 5, 2009 in forum: ETFs

  12. Port1385 says to "double down" in your 3x inverse positions!!!

    Great point.
    Post by: TrueProp, May 4, 2009 in forum: ETFs

  13. Daytrading leads to Inevitable Failure? Is Swing Trading the only Viable Path?

    .... My plans for swing trading is to "scalp" but on a much longer timeframe and across many different positions so that I'm not impatiently...
    Post by: TrueProp, May 4, 2009 in forum: Professional Trading

  14. Daytrading leads to Inevitable Failure? Is Swing Trading the only Viable Path?

    Your definition of "the very nature of daytrading means..." is ridiculous. A lot of your if/then statements don't establish any cause and effect....
    Post by: TrueProp, May 4, 2009 in forum: Professional Trading

  15. Do you trade the first ten minutes?

    Amateur hour(s) is/are during the middle of the day, not at the open.
    Post by: TrueProp, May 3, 2009 in forum: Trading

  16. Do you trade the first ten minutes?

    Wow.
    Post by: TrueProp, May 1, 2009 in forum: Trading

  17. 100mil in 100mins

    I know. Your entry and exit were the same. Both imaginary.
    Post by: TrueProp, May 1, 2009 in forum: Chit Chat

  18. Do you trade the first ten minutes?

    I absolutely trade the first ten minutes as well as the first 2 hours of the day! There are plenty of different types of opportunities.
    Post by: TrueProp, May 1, 2009 in forum: Trading

  19. Really new to trading, need advice

    You are clearly very new and you have very limited capital. I would suggest that you stay away from UYG unless you are day-trading it. It's not...
    Post by: TrueProp, May 1, 2009 in forum: Professional Trading

  20. Long USO into Summer

    After talking with a trader that I highly respect, I would recommend that you look into another product to express your trade idea. I haven't...
    Post by: TrueProp, Apr 30, 2009 in forum: ETFs
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