Another item re: screening - this one comes every week from tastyworks. See attached. Open an account they send it to you. Worth a look. In truth there are prolly many of these kinds of things and I don't look at any of it too much.

Globalization is a failed project. 2017 will continue to prove that.

I say sure, why not. I expect the "$1,000 to $300,000,000 in 48 Months" thread to show up any day now.

4% a day forever? Seriously? I have a new goal: 4%/month. Forever? Well, forever is a long time. But, even at 4%/month, I could see slacking off in the next 6-8 years, which takes me to about normal retirement age. The first column in the ...

see the spreadsheet attached, you can modify it to fit your situation. But, easy to see how expensive trading options is if you are just trading 1-5 lots.....if you're a 1 lot trader, you are 22c in the hole on any trade, unless the cheap close ...

But rules are necessary. Blank space below will be filled later, need to freshen my drink. For fun in the meantime, you can play with my Excel profit projector. The $6500 per year adder is my Roth IRA contribution cap. The 10% gain per month? I ...

see attached

CME FX Options Traders Handbook

How much can a good options trader make? Just trading his own money, always looking for safe trades, consistently using rigorous money management? 20% per year? 50% per year? 100%? When I was trying to get rich fx scalping I had a thread here called ...

Reminiscenses of a Stock Operator - Jesse Livermore — A classic, must read. Be Right, Sit Tight! url

This has all been hashed & rehashed elsewhere. Leverage need not have any bearing on risk for the trader. If I risk 1% per trade (or whatever) 1% risked is 1% risked regardless of how leveraged it is. I use the spreadsheet to calculate trade size ...

A little food for thought - might be a tad out-of-date - see attached file.

A Simple Plan — Oh boy, I am back with another spreadsheet! This one shows equity progression in the scalper account, based on a Simple Plan: Scalp for 20 pips a day (minimum) where the trade size is based on 0.2% of account equity per pip. ...

Possibly. And as PeterCrowns et al use it it does not really apply very well to a scalper like me. But... I carry that adage as a general rule of thumb. It isn't necessary or wise to exit a trade (early) because you have reached a certain target, ...

I went through the T2W Trading Plan over the weekend and the draft I have so far is attached as a Word document. Parts are missing - I have several strategies that I trade and those take the longest to think about & write up. But you will not have ...

Trading Plan — I went through the T2W Trading Plan over the weekend and the draft I have so far is attached as a Word document. Parts are missing - I have several strategies that I trade and those take the longest to think about & write up. ...

Thanks iiivb, I appreciate the encouragement. I have not stopped trying & I am even trying harder. I am trying something different, though & it does not include making trades. (OK, I have been doing a few scalps here & there for $0.01/pip but just ...

Along with Trading Rules I am working on a written Trading Plan. I have a Daily Trading Log in process, as well. I am basically trying to formalize my approach to trading and reform it..to result in a more professional approach. Check out the T2W ...

spreadsheet update — Last week hit 13.6%. $1800+ and that would be enough to squeak by on (on average) after setting aside the taxman's share. Still consider myself lucky that I don't have to draw off any trading accounts & can let them grow. ...

Spreadsheet Updates — Well I hit 11.2% for last week and I feel good about that. (Up 1.6% for today, so far.) Still, I have not hit 4% in a day since I jumped up the account size. Been averaging 1.7% per day - quite a bit off 4% obviously. I ...