DislikedLet the new scalpers focus on learning the tool of the trade first - that's why I created this thread - do not confuse them with half baked money management and risk management... Please start a separate thread to promote ECN, Brokers, Money Management, Risk Management or any other trading styles etc... LoLIgnored
The ideas presented here are my beliefs. I have adopted many of them from Van Tharp, many of them from his outstanding book "Trade Your Way to Financial Freedom." As Dr. Alexander Elder writes in his book "Come Into My Trading Room":
Quoting Alexander ElderDisliked"When it comes to books, I avoid those written in bad English. Language is a reflection of thought, and if a guy cannot write clearly, his thinking probably isn't too clear either."Ignored
Much of the information in the following few posts will be based on his ideas and beliefs, and I present them to you here for your consideration. I am only skimming the surface, and highly encourage you to read his book mentioned above--do not be fooled by the commercial-sounding "financial freedom" in the title. This book is the real deal, and it will likely change your trading life forever. If nothing else, just go to the bookstore and read the first chapter. Chances are you won't be able to walk out of the store without it.
One more thing--nothing here is really complex or new to the world. Some people will read it and say, "well, duh." But my hope is that some will read it and say, "I had not thought of that before--maybe I can use this."
I will keep this thread closed for a few days after this initial post so I can have time to post some things, and then will open it up for public posting.