Pretty much. The guy is one of the worst internet slime-ball trolls you're going to find around these parts in a long-time. Most guys stop hitting it so hard once their trolldom has been exposed, but this guy just takes it to another level and makes it an artform. Who the hell knows what he could accomplish if he actually tried to put that energy into his trading. P.S. For scalpers, Van Tharp is the man. He'll help you get your mind around the concepts of managing risk in an appropriate fashion for scalping trading account ... something most guys around here don't have a clue about, as they are all looking for the next great entry/exit indicator.
You are right, you would surely be the one to contact regarding trolling advice. Thanks ahk, have a good one trolling. Don't forget to post a statment of your account being at $27k to corroborate your 440% return in one month as claimed on your journal! You know...for transparency and all. Please go play on your journal and leave the rest of us here to discuss trading. Thank ahk. Or better yet, go back to your thread at the other forum: http://www.mypivots.com/forum/topic.asp?TOPIC_ID=1272&SearchTerms=barry
Thanks Bootsie. Here is the book link if somebody need it : http://www.amazon.com/Chances-Are-Probability-Michael-Kaplan/dp/0143038346
n.p. it's also entertaining... I found I was laughing out loud at times... but it also makes you think; much of what takes place in trading w.r.t. probability is more directly related to human nature than to numbers and prices. A lot of the discussions can be adapted in one way or another to situations that arise in trading. B
Money Management is an important issue and it is discussed here in detail: http://www.elitetrader.com/vb/showthread.php?s=&threadid=119308
Thanks, TraderSystem That was helpful, but am new here. Need help to understand it more. Please explain with examples. Thanks! So many books & sites, which one to refer The Mathematics of Money Management: Risk Analysis Techniques for Traders (Hardcover) by Ralph Vince (Author) http://www.youtube.com/watch?v=kU0WS6A4Pic&fmt=18 The Trading Game, by Ryan Jones High Probability Trading by Marcel Link http://members.aon.at/tips/ http://www.cxoadvisory.com/ http://www.investopedia.com/search/results.aspx?q=Money+Management&submit=Search http://www.turtletrader.com/money.html http://www.finance25.com/ Trading Risk by Elder Tharp Books Chances Are: Adventures in Probability (Paperback) by Michael Kaplan (Author), Ellen Kaplan (Author)