It's nice to see that someone actually pays attention to the topic title. I agree with you that as a self-employed person, you need a higher income than an employee, because expenses for taxes, social security, and operating costs are higher. ...

Trading for a living

Sorry for the confusion. If the disruption only started early this morning, I was awake, but as I mentioned, I'm currently trading an automated system and therefore don't spend any active time looking at charts during the day (London or New York ...

Trading for a living

The disruption apparently lasted from Thursday night until Friday afternoon. I get up about an hour before the London session starts and go to bed two hours after the New York session ends. CFDs. Yes, I know it's not possible in the US.

Trading for a living

Yes. I was asleep at the time. It was the middle of the night here. It seems things were back to normal by the regular market opening time, and that the market generally closes earlier on Fridays after Thanksgiving, as you mentioned.

Trading for a living

I just don't see the connection between increasing a winning position and more screen time, nor how this is supposed to help me achieve a consistent minimum income from trading, sustainably, month after month. My goal isn't to make individual large ...

Trading for a living

What he says is correct if he means that it's probably not necessary to stare at a screen all day, and it's not particularly sustainable if you try to run a business/career doing it. However, I understand that this is something many people associate ...

Trading for a living

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Trading for a living

I just read about the outage at one of the CME data centers in Chicago. Allegedly due to a cooling problem. Isn't it winter in Chicago? And don't they have multiple redundancies and failovers for such critical infrastructure? Unbelievable. That ...

Trading for a living

Yes, that's correct. The accounts I linked here are simulated. They all trade the same system, which I've been testing since the beginning of August, and primarily serve as a tool for performance tracking and to see if it's something I might also ...

Trading for a living

It's hard to name a top 10, but I would say the following are some of my all-time favorite books. Market Wizards: Interviews with Top Traders - Jack D. Schwager Trading in the Zone - Mark Douglas Trade Your Way to Financial Freedom - Van K. Tharp ...

Trading for a living

I am not ignoring what others share here, but I don't see how individual charts or general knowledge about trading are supposed to help me solve a problem that could not be more clearly defined than if I said, that I need to make at least a ...

Trading for a living

I'm not saying that people aren't trying to help, but rather that I don't need „lectures“ from people who tell me what I'm incapable of, that I lack knowledge, without ever having provided any evidence themselves. Yes, you posted a chart and ...

Trading for a living

None of the people who have responded here have demonstrated anything about their knowledge or ability to make a living from trading let alone being profitable for a long time. Just a few handpicked charts, a lot of stupid comments of people with ...

Trading for a living

What you're saying is true, but that's not what I mean when I talk about subjectivity. With Subjectivity in trading I mean that trading decisions are based on a trader's personal perception, intuition, and emotions, rather than on strict, ...

Trading for a living

I don't want to fit the market into anything, but simply have a system/plan that delivers sufficiently profitable results for me at the required time intervalls, regardless of what the market does or doesn't do. We've already said that ultimately, ...

Trading for a living

Yes, that's right. But that's precisely what I haven't been able to do so far, and that's where I need help: to develop a clear plan that I can implement and that leads to the desired results. I'll be attempting another prop trading challenge with ...

Trading for a living

I don't feel that more knowledge helps me to focus on something. It has the exact opposite effect on me. Technical or fundamental analysis that is not quantifiable and therefore not repeatable is inherently subjective and remains subjective for me. ...

Trading for a living

Strategies based on identifying impulse and correction waves, particularly within the framework of Elliott Wave theory, are widely considered subjective. Why the Strategy is Subjective Interpretation Differences: Different analysts can look at the ...

Trading for a living

First of all, thank you so much for your support and for trying to help me. I'll try to clarify again what I can and cannot do when it comes to trading and what principles should be in place for a 100% objective trading plan that I can follow and ...

Trading for a living

A single chart example, without seeing the exact entry and exit criteria, will hardly help me identify a repeatable approach that I could test/execute. If such setup occurs every day, perhaps one of the bright minds here could post charts for every ...

Trading for a living