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  1. J

    What personality should a winning trader have? Does it even matter?

    I just thought of another bad trait which usually is thought of as a good trait outside of trading. The “never give up” trait. Investors are taught to hold onto their positions and ride out the wild volatility as long as the fundamentals are improving. This can be deadly to a trader especially...
  2. J

    What personality should a winning trader have? Does it even matter?

    This post is in response to either cantagril or Nowler: Are nano accounts a different type of account that a brokerage house can open for you, if you want to trade small, or is it just depositing a small amount of money with your broker in your regular account? I’m in the U.S., so I don’t know...
  3. J

    What are some of the most cliche trading quotes/mantras you’ve read or heard?

    It wasn't a trading cliche. It was a response to fibo who got off the subject.
  4. J

    What personality should a winning trader have? Does it even matter?

    I would like to add one more personality trait to the good ones that the others have written. Humility. Never think that you are bigger than the market. Never think that you are a better than other people. In most trading situations you won't have to worry about having an ego for too long...
  5. J

    What are some of the most cliche trading quotes/mantras you’ve read or heard?

    If a rich person gave away his money to a group of poor people, there wouldn’t be any money left for donations in future years or to future generations of poor. By growing money in a business you not only provide jobs to current employees but you grow the economy of the nation as a whole for...
  6. J

    What trading books would you recommend?

    Hi Nowler, You sound like me. I slowly keep adding books to my collection over time. In the future I’ll probably hire a librarian to create a card catalog. (g) You are right. Knowledge about the markets has to be obtained in pieces from a wide variety of sources and has to be assembled...
  7. J

    What are some of the most cliche trading quotes/mantras you’ve read or heard?

    There are two that come to mind: #1 Bulls and bears make money. Hogs get slaughtered. #2 Don’t confuse brains with a bull market.
  8. J

    What trading books would you recommend?

    You seem to not like reading books on the market. I’m curious, how did you first learn to trade and then improve yourself?
  9. J

    What trading books would you recommend?

    Nowler, I’ve been looking online for books I may want to order but I noticed that a lot of them contain chapters on candlestick charting. Is it really worth my time to learn candlesticks just to read these books? When I get back into trading I plan on using good old fashioned bar charts. Have...
  10. J

    What trading books would you recommend?

    Hi Nowler, By any chance do you know of any books that explain ALL the indicators that are available for technical analysis? I have some books listed in that old catalog from Traders Press but was wondering if there are any up to date ones. I’m not only interested in how to best use the...
  11. J

    What trading books would you recommend?

    Hi Nowler, I was looking through an old catalog which I’m glad I never threw away when I came across this: How to Make Money in Stock Index Futures Courtney Smith ISBN 0-07-059108-3 I’m guessing it’s out of print and has to be bought used if you are interested. It’s the only book out of...
  12. J

    What trading books would you recommend?

    Thank you for your numerous book ideas. The majority of the books I have were purchased in the 90’s so any up to date ones you could recommend would be as welcomed as would the classics. As far as my experience goes, I have been an options market maker on the floor of an options exchange and I...
  13. J

    What trading books would you recommend?

    I agree that no one book or two can teach you to trade. However, if you read with enough variety, you can get new ideas for changing your strategy. As far as I know, there are two ways to improve your trading: #1 Become self-taught through reading or #2 Receive private tutoring from...
  14. J

    What trading books would you recommend?

    It was a beginner’s mistake of not thinking of searching for recommended books as I am new to the internet and Trade2Win . I ask for your patience.
  15. J

    What trading books would you recommend?

    Even though I have a decent size library of investing & trading books, I’m always looking to add to my collection. Does anyone out there know of a list of books that are must reads for traders? I like the classics as well as the new stuff. I've read Market Wizards, The New Market Wizards...
  16. J

    What are computers' limitations in today's market?

    I was wondering what the ability of trading software is like these days. Specifically is everything automated or can people overrule their machines before a trade is placed? As the years go by, computers will keep getting smarter. Are they near the point of replacing the trader entirely...
  17. J

    Monthly statements and current holdings

    I've been reading a little bit on online trading and was surprised that brokers weren't required to give you end of year statements for tax purposes until around 2011. This raises some questions. Do online brokers give you monthly statements? Can you look into your online account and see your...
  18. J

    Schwab vs. TD Ameritrade

    I have a follow up question. Does TD have live brokers for phoning in orders? I realize the commission would be jacked up in price but if my internet connection ever went down it would be a necessity to exit my position.
  19. J

    Any brokers pay short interest?

    When a stock is sold (whether it's long or short) it generates cash which goes to the clearing firm for holding for the account holder. For short sales the clearing firm holds onto that cash for the trader's margin account. Professionals, (say a specialist on the floor of the New York Stock...
  20. J

    Schwab vs. TD Ameritrade

    Does TD offer fundamental analysis? If so, how helpful and reliable have you found it to be? Do they offer FA from more than one source in order to offer choices?