Recent content by chartman

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    Market activity after Nixon resignation and Clinton impeachment?

    Forget about impeachment. That is just a bunch of BS.
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    Broker Charged With Defrauding Customers

    What's new? Brokerages push their sales people, and that is what they are, to generate commission. If you don't produce, you will be looking for another job. This happens from the largest brokerages to the smallest.
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    How do I turn a $1000 trade to $100,000 within a year instead of 10 years?

    It takes a lot longer to turn $1000 into $100,000 than it takes to turn $100,000 into $1000.
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    Closing a Long Position and Then Shorting It Right After?

    It appears you are new at trading so you need to be aware of the wash sale rule since it is doubtful if all of your transactions will be profitable.
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    What's the most counter-intuitive thing you learned in trading?

    To each his own thinking. I would rather trade with my major adversary instead of against him. I know he will be here tomorrow taking the contra position of the masses.
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    What's the most counter-intuitive thing you learned in trading?

    You are forgetting about a major player in the market that is always one of the contra parties to your position when you are trading following price movements.
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    Its so True...

    You have hit the nail on the head with a sledgehammer!
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    What's the most counter-intuitive thing you learned in trading?

    Have you ever thought about who the contra party is when you are buying on price increases and selling on price decreases?
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    Reality for an Individual Trader

    You must have been working for a marketmaker/specialist.
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    Reality for an Individual Trader

    A prime example of the people that the public should avoid. A person with knowledge of the markets couldn't spend the interest on the money he would be making, and would have no reason to try and sell books and instructions. Beware!!
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    Reality for an Individual Trader

    UNLESS THEY HAVE BOOK OR SURE TO MAKE MONEY COURSE TO SELL!!!
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    Reality for an Individual Trader

    There is one truism that you need to be aware of from the start of your trading. Don't expect some one to give you advice that will make you a successful trader. If they know anything worthwhile you can be assured you will be the very last person on earth they will share it with.
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    GlobalPrimeTrader

    Does anyone know anything about this Global Prime Trader company?
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    brokers who allow under 1000$ deposits?

    Day Trade? The Day Trading Rules would only allow a few trades per week.
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    Credit Cards

    Thanks for the information. I use to on the Board of Directors of a financial institution and that was a problem with merchants wanting to offer cash discounts or charge a surcharge. Since I have retired I was not aware of the lawsuit and change.
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