Easy.

james16 Chart Thread

a) There isnt. His argument is based on terrible logic. It's ridiculous to equate the two, as if skill in trading is a game of chance. It's like saying that there are only x spots in the NFL draft each year, and therefore me and Micheal Vick had the ...

james16 Chart Thread

That isn't even a falling knife you are trying to catch there. More of a falling chainsaw.

james16 Chart Thread

Obviously, you should question her and find out why she took so long to get home to prepare your lunch. Sandwiches dont make themselves, you know.

james16 Chart Thread

Five hundred bucks?!

james16 Chart Thread

Absolutely. The rules set out (ie, 2% or less) are to stop newbies losing their account due to -EV trading and variability ('luck' - or, more accurately, the chance that a bad series of trades will bankrupt an otherwise profitable approach). The ...

james16 Chart Thread

Would you bother trading for a living to make 20% a year? My equity portfolio makes that, and I look at it *maybe* once a week, if I'm not being lazy. Your problem isnt account size. It is position sizing and compounding frequency. You wanna take 1 ...

james16 Chart Thread

I know multiple people who trade for a living, and do it very well - and aside from the 'hard work' part, none of them match those criteria. Maybe it is selection bias, maybe not. The things you listed are what most amateur traders think they need ...

james16 Chart Thread

Having a quick look through his thread and I wouldnt be too worried - it seems kind of like the j16 thread's 'slow' cousin who rides the short bus and has to wear a helmet to school. You are miles ahead of the game

james16 Chart Thread

nah, it's all in good fun. She is just a smartass. Then again, if I caught a move like that after only a couple of months, I'd be bragging too Is that for The Constrictor? I've been pretty busy lately, so falling well behind in my bookmarked ...

james16 Chart Thread

It's embarassingly simple - hide stop behind the last swing low, move it on a range breakout or a big move. breakout girl/boy sounds like a superhero name. Ugh, tell me about it! The best part is getting to hear about this ...

james16 Chart Thread

Thanks for the heads up, guys.. couldnt have posted this a month ago, coulda ya? >:/ image This wasnt my trade, this is my friend who I have been (slowly) showing the ways of j16. Although it seems that maybe she should be teaching me. image She ...

james16 Chart Thread

TD Ameritrade implementation of the thinkorswim package. As endorsed by ADA Jack McCoy.

james16 Chart Thread

url

james16 Chart Thread

Financials have been slop since the GFC. And Tech stocks have never trended the same since the crash of 2000. And fx has been dead since the AFC of 1997. And bonds have been choppy since October 1987. And the Hunt brothers ruined commodities in 79. ...

james16 Chart Thread

But does that make them less than perfect, or does it just make them a different kind of trade? I separate 'potential runner' trades from 'hit FTA, take profit' trades and plan accordingly.... they are almost different species. The problems come ...

james16 Chart Thread

Why would you want to take a less than perfect trade? And, even if you did, you are just increasing the probability that you will be stopped out by using a shorter stop. I'd be more comfortable using a closer stop when the setup is higher quality, ...

james16 Chart Thread

By 'not always', I think you mean 'very rarely, and are so subjective that you can only pick them in hindsight' lol, how embarassing That could have been shortened to 'do whatever you are comfortable with, just have a plan'.

james16 Chart Thread

lol. I suspect he collected enough 'plz tell me secret PA system thx' PMs and moved on to spam elsewhere. It's a pity he didnt hang around. His amateurish intepretation of market dynamics (weird wicks = rejection!) and brand new, never heard of ...

james16 Chart Thread

You know who the biggest no hopers are? Doctors! I mean, 4 years of undergrad and then 4 years of med school? And then another 2 years of interning before they start turning a profit?! They should totally have just given up after they werent ...

james16 Chart Thread