Recent content by bauschj

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    Article: "Day Traders: Dumber Than Ever"

    I love it when guys make a fortune without any significant study on the subject. Fact is: The greatest return for risk time is 20 years. The worst is 10 years, and the SECOND best reward to risk ratio is 8 Minutes!! There's virtually no probability study done in Random Walk Down Wall Street...
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    should I tell my tale of trading---poll

    doubling every 2~3 months is 1500% per year. WIth $250k as a purse, you could beat out Warren Buffet in 4 years.
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    Deflation?

    There's less of a deflation problem with electronics, and being the first kid on the block to own that widget. A severe source of deflation was the change in price of the full featured laptop from $8,000 in 1996 to $1100. in 2002. Even more severe is the photo industry where the cost per...
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    $100 million possible?

    I've done the math for those who are math inclinced, or those who just want the $100,000,000. Here goes: 1. Assume that you are just starting out, but seem to be able to consistently get 0.2% every day. This is a very tall order. Also assume that you're trading on margin. To do this...
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    Is the SEC trying to eliminate day trading

    Here's my experience, for what it's worth. I started what I believed to be a day trading account in Jan 2004. I got slapped with a margin call because my account had at least seven trades the first day. I was told that I needed to put in an additional $5k to bring the total to $25 K. From...
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