Can you at least clarify if mthe non compete says you will give a % of your profits on any account traded outside of your tst account ?
That is hands down the biggest mistake ALL traders make. Including myself at times. Cut losses short, let profits run... and run... and run deeper still. The key to solid if not substantial profits in trading is to catch big wins. "Scalping" and "bailing" out too early from perfectly good trades is hands down the biggest cause of lost profits for traders. "Hold For Gold" on every single trade... and many of them will strike it rich.
Quote:Lucrum Originally Posted by Pekelo View Post Anyhow, who am I to mess with a good business model?.... http://www.elitetrader.com/vb/showth...=113413&page=9 _________________________________________________________ ET and the Internet, where nothing is ever forgotten..... EVER! :eek:
Good advice, although a bit tougher to do when you're closing out at the end of every day. His latest failed paper trading journal is dated admittedly. The guy delivers pizzas and plays the ukelele for a living, by his own admission. I have no idea why he presumes to comment on trading, when he's never done any himself.
unless you link to a dead link. If you want to attack the messenger, at least do it by yourself. How is this relevant to TST? Wait, don't answer until I refill my popcorn...I heard there was a sighting of Godot...
http://www.elitetrader.com/vb/showthread.php?t=113413&page=8 It wasn't an "attack". I'm merely pointing out that nothing a failed paper trader and pizza delivery guy says about TST, or trading in general, is relevant.