"Every now and then, you get one thread on there where a guy says, “Been trading for ten years, I’ve never made a penny. What am I doing wrong?” These are the threads where you’ll actually learn something. You learn about losing..."

"Why don’t you allow yourself to do like, it could just be based on what you can stomach?.."

"You’re taking a lot of trades and you’re getting stopped out a lot because you know occasionally you’re going to get the big winner..."

"That sounds more reasonable to me, with markets being so complex and also people want price to move as well. They want the price to be wrong, don’t they? You have that human element in there as well. "

"It’s like magic how often that happens. What they’ll do is they take their profits on the little retracement moves during a trend. They’re all thinking that they’re going to catch the end of the trend but at the end what they’ll end up doing is -- it’s just like giving a personality to a cat..."

"Those two things: whether you are executing your strategy and whether your strategy will make money. That’s basically what it comes down to. It’s not that difficult. To that end, what I would say is yeah, I think you can get a lot out of looking at the charts..."

"If you’ll look at all of the trading systems out there my guess is that most of them would be related to sort of the quick-profit 1:1 or even less than 1:1 risk/reward. Seems like that is the sexy thing. I could be wrong but that’s my guess. Most of what’s out there is what people wanted, I suppose..."

"It’s amazing to me when you have that approach, how easier it is to keep the faith. Keep your eye on the goal. Keep your focus. It is discouraging. It stinks sometimes but it’s also liberating when you just know it’s going to happen. Like, you know you’re going to make it work..."

"Optimizing can help but again, you don’t know what the outcome is going to be. So you test 3 years and workout you can risk 5% and risk 5%. It could be too much. You could just have 3 really good years..."

Have you ever been in an uber-focus mode and everything else is just a blurry haze? Darren and Walter dive into the rabbit hole of perception this discussion. Walter talks about the two critical pieces for your trades. He talks about how the National Football League is similar to traders who automate their strategy. According...