More than 10 years ago I declared "trader status," for stocks & stock options, but not for futures. With trader status one can ignore wash sale...
The only thing transitory, is the ignorance of Fed Reserve. But all Central Bankers --perhaps except Canada -- seem to continue to drink the...
I noted that too, however, although the P/L for several positions were way off (higher I think in all cases,) the total equity of acct was...
There is nothing in this universe that is "unique non optimised entry filters." But we are entering the field of epistemology.
Just because you do not optimize your parameters, does not mean it is not data fitted. The simple case, assume you have 100 clones, each...
Footnote: Years ago I used automated trading to manage money in stocks & futures. Regardless of the code, or system, things go wrong, and may...
Years ago, IB contacted me asking about almost 24/7 trading. But their concern was that it appeared that someone else had trading authority. It...
Most on this thread don't make the difference between gambling and trading. The two basic distinctions: 1. Trading / speculating, involves...
My two cents, after 50 years of trading, including a number backtesting and managing as CTA: while testing trading ideas is crucial, Out of...
I think I just modified that.
Hi, Fan27-- I don't visit Elite Trader often. I'm mostly futures trader, technically based, which I've been doing for 40 years. For few years,...
When I was 21, & member of Comex futures exchange in NY -- before going broke -- one of the best traders had prev taught abnormal psychology at...
Back in the day, I rec'd 100 on NY States Regents Calculus exam,--as did many others in my class-- in my senior year in high school. Now I need...
I've never met, nor heard of a successful trader who thinks it easy. In fact, as in my case, whenever it seems like one just needs to sweep up...
I for one would appreciate photo of you on floor laughing. A stick figure drawing would surfice
Familiar with Austrian economics? Not opinion, which I could back-up both by the epistemological works, and specific economic theories. But I do...
We obviously have a different economic perspective. Mine is pure free-market Austrian economics, esp works by Ludwig von Mises. The Feds...
I appreciate the advice, but it really is for novice traders. I have had just a handful of losing years over the past 30 (FYI, 2008 , with > $1...
Not a question of confidence, IMO. Inertia, esp after a "large" loss, tends to make one a little gun shy. And so do particularly quiet...
Sometimes I purposely just scalp a tick, hopefully several times. Aside from possibly making a profit, it not only gives me a feel (sometimes one...
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