Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
handle
-
Content Count
117 -
Joined
-
Last visited
-
Keep a trading journal and rate yourself on how you feel each morning before you start trading. Evaluate your state of mind: what has affected you recently, how much sleep did you get, did you drink the night before, etc. Then keep track of that rating to see the correlation of your trading and your emotional state score. Don't trade when your emotional state is below a certain score. That has helped me.
-
I was in another forum and 73% of the respondents said that HFT does not affect their trading. I am in the 73% camp. I don't trade in front of orders and base my entries and exits on price action.
-
Heaven vs. Hell Heaven is where the police are British, the cooks are French, the cars are German, the lovers are Italian, and it is all organized by the Swiss. Hell is where the police are German, the cooks are English, the cars are French, the lovers are Swiss, and it is all organized by the Italians.
-
Why is a Stock That Pays a 40% Annual Dividend...bad?
handle replied to TradeBot's topic in Beginners Forum
High dividends are there for a reason. Usually that reason will not be obvious or made known to you until it is too late. They take 100% of your money now. Pay you 40% dividend for 2 years and then the stock goes to zero. They just made 20%. -
Wouldn't it be cheaper and more reliable to program a computer to follow the rules and let it run. Like an algo. Why hire people unless you need discretion?
-
I just sent you a PM.
-
Welcome aboard. A lot of good stuff here!
-
Thank you but I am looking for a group of Joe Ross students who would like to collaborate real time or soon after the close, on setups taken, missed, etc.
-
Which methods are you referring to? Have you taken the mentoring with Joe and still not identify the methods?
-
The Ross Hook can definitely be identified objectively. I think discretion is important to trading in general, but not for identifying a Ross Hook.
-
Most of the basics from Joe Ross are the Ross Hook and the 1-2-3 method. However, Joe Ross teaches additional methods through his mentorship program. I am interested in forming a group of traders that are trading those methods wither in a room or through a blog so we can help each other. Identifying incorrect setups taken or missed setups would be very beneficial. We are not looking to teach the methods, but instead to improve their implementation. Let me know if you are qualified and interested in joining. Thank you.
-
I would like to form a group with people who have taken the private mentoring with Joe Ross and are trading the methods taught so that we can interact on the setups taken. Either we could post our charts of the trades taken and explain the setups and exit strategies used or we could start a chat session at the beginning of the trading day and discuss the setups developing. I would like meet and to see how others are doing with Joe Ross's methods. What do you think? Interested? Tony
-
Good post with a lot of information. Thank you.
-
Look up Trader's Accounting Traders Accounting - Services for Day Traders - Taxes, Accounting, Business Strategy out of Arizona. They will provide you the tax advice you are looking for.