You will note that those here arguing conspiracy theory (eg market rigging) have absolutely no experience on which to base their contention. For...
Markets are not rigged. Those that need this (and other conspiracy theories) are themselves not trading or can't find a way to become successful...
The rigor required is not only knowing what you are doing but also knowing what you intend to do. That means (1) having a reliable methodology and...
This is such an old question. Money or happiness? Of course the obvious should occur to everyone. They are not alternatives. You can have one,...
I don't need to copy from any trading book. I have been both a floor trader and subsequently a CEO who ran both a floor trading team and a client...
Of course institutions and investment banks have advantages in market knowledge, current market play at any one time and money power to deploy....
There is no such thing as an 'edge'. At best it only means that a person claiming to have an 'edge' has learnt a part more than the parts he...
No, not so unfortunately. You may be instead a victim either of mass psychology or simply of inexperience. The market is understood by seeing...
http://www.iitm.com/articles/Stop-Worrying-Yourself-out-of-Profits.htm This Tharp article underlines the point I do make occasionally at ET:...
Job is the doing or the doing of. But the aim is what you need first: usually at ET this is set as being 'trading for a living'. However, the...
The key is not the place, its the 'how' of your money. If you have or make serious money, you do not want your home tax authorities sticking their...
Nothing surpasses the thoroughness of your methodology and its reliability. A professional depth of knowledge and experience adds the polish. And...
Insider trading prosecution is a cul de sac. Anyone with experience in business and politics knows that you can deduce the next move both in...
And not forgetting the small cox to steer any successful rowing 8. :D
I monitor both duration and time as the trading session progresses. This is particularly important from the opening. I keep comprehensive logs of...
Daytrading is alive and well .. but for successful players only. This is what is not being understood; its all about SUCCESS. Most of everything...
Humans are naturally a parading species at all levels. So unsurprisingly the greater your wealth the more lavish can be your displays of wealth....
Grob (Jack Hershey) promoted a trading system of 3 layers- coarse (eg MACD, stocastic) medium (presumably volume) and fine (eg DOM). That is the...
Grob (Hershey) wouldnât know. The audience at ET is made up of learning amateurs; for anyone of them to make himself or herself rich from...
Amateur backtesting results are illusory, as here, but nevertheless they are a favorite diversion at ET. The data input, being skeletal, is of...
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