I disagree with the statement that nobody sells good systems. I sell them. In fact, I sometimes give them away! The devil is in the details. I...
1. Watch some videos and read some books. (1,000 hours or more) Continue reading and studying the subject the rest of your life. I've been trading...
I've been programming since 1965 (Fortran IV) and trading since 1969. Since you are not already a programmer, I suggest you forget it if you are...
1. I get ideas from various sources - other people, online articles, my own head. 2. I find winning strategies are about 1/3 of those I test. I...
The rich are not different THAN average; though they may be different FROM average.
I have over 200 strategies that have worked, off and on, over the past 15 years or so. The only one that has worked for longer than a year is...
Way, way, way more than that. I'm not sure whether it can be taught. I think so, but I'm not sure. Several people have asked me to teach them...
I believe that is possible. It will take some reading, experience, and perhaps most important, work on your personal psychology.
I started trading in 1969. I was 25. I lost almost all of my bankroll in a year. I saved more and tried again...and again. The first year I made a...
Gold, silver, and anything tangible and fungible is immune to inflation. Prices for commodities change as a result of inflation; value doesn't....
Your method seems waaay too complicated to me. I have a simple spreadsheet that calculates expectancy, but the site declined to allow me to upload...
Most day traders lose money. As for those who make money, the amount varies with time, market, and person. i have made 400% ROI on one trade. I...
Baloney. "assuming you are protected from inflation," is never a valid assumption. Therefore, the rest of it is nonsense. "If pigs could fly,...
Support/resistance has always worked, but breakout strategies generally work only in bull markets, of course.
I don't know. Back test it for yourself. I only went back five years.
ETFs or futures (ES, NQ, YM).
Your plan sounds good to me.
Form a C-corp, not an S-corp or LLC. Open a brokerage account for the corp. The brokerage will provide you with a 1099 at the end of the year....
It took me 14 years. Nowadays, I have several edges, and I give them away - free to all. For example, buy Home Depot about 10 minutes before the...
Read books, watch videos, and be on the lookout for someone who is willing to be your mentor. When you really want to make money, you'll need to...
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