The most important lesson is that trading takes time. Lots of time. You must study like you are trying to graduate from harvard. Never give up,...
good advice spyder, it has taken me a long time to have discipline in my trading. I remember in the beginning i would have $2000 losers, $1500...
here is a small list of my personal rules that i have made over the last 10 years. â« Learning to trade is like learning to drive a car....
come on guys! you can always start a reserve fund whether it be $5 a day or $50 a month. My point is that by spending like crazy you are adding...
Sandy is that the best senario you can think of, of course having insurance helps but if you manage your money right then you should have an...
we as americans have been raised to charge, charge, charge, borrow borrow. We have to change our mind set from being a nation of debtors to a...
Well this thread was about the dollar figure per day, all i am saying is that as a beginner you need to set your sights low. if you can take baby...
Here is my 2 cents, a successful trader can COLLECT information, ANALYZE information, make a DECISION, and IMPLEMENT your decision. A...
iv been trading for years now and i think the $500 per day is too high an amount to focus on. They say the way you build up your confidence is to...
ES actually works pretty well with the ACD methodology. Fishers main markets are the energies, ES, and ZB. I think for a beginner all these...
when it comes to the OR(opening Range) fisher updates his numbers every now and then so i think when the book was written it was as the appendix...
ACD works great with CL but CL is not something you want to start with when learning ACD. The opening range is 45 minutes with an A value of .08...
keep paper trading till you are successful for at least 3 months. Don't make any unusual trades and only trade 1 lots. you need a good...
ACD is my favorite, i have been using it for the last 10 months. It takes awhile to get used to it and understand all the layers that fisher...
i totally agree with youngone, take 75k put it in a money market and trade with the 25K, and only trade in lots of 100 for stocks and 1 lots with...
if you want to become a trader, go back to school and get a simulated account. Make your mistakes there and after a year of simulated trading and...
CIT is one of the worst run companies around. And as a crap company should be let to die so that others can learn from their mistakes and never...
nothing wrong with reading books. Trading is hard, no doubt about it. the odds are against you for the first 2 years. however edison failed...
i thought zanger was a pretty good trader. didnt he turn 11,000 into 18 million in 18 months or something? i don't follow stocks but goldman...
RSI is just an indicator when combined with other signals you can make an educated trade with proper money management. No 1 indicator can be the...
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