Recent content by etile

Humility is a great thing in the market, and in life. I don't know a damn thing about the markets or life. Keep it simple as possible. The pursuit of perfect knowledge is a fool's errand.

you are a fool.

lmao. the guy is owner to 2 multi-billion dollar sports organizations are you're giving him flak???? only on ET.

wait for the next bull market. until then go to hibernation.

The point of the LLC is to create a veil of protection for shareholders against any possible liability the LLC may have in the future. What is the point if you are trading your own money, the LLC won't have any liabilities that the LLC will shield you against.

I heavily rely on TA. The indicators are quite simple really. TA is not some holy grail. TA doesn't necessitate for some future event to happen. That said, I do find it to be a great risk-management tool.

lol, wonder what would happen if your limited partners knew you were posting on ET...

Make hay while the sun shines. Fortune favors the bold & the opportunistic.

Go for the doubles to tithe you over until the fat pitch comes. The doubles keep you in the game. The home-runs make you a winner.

Stop trying to get rich quick. Listen to yourself. You plowed through over 70k in 3 years and now, undercapitalized, you expect to double your account every 4 weeks. Seriously? I am sorry, but you are destined for failure with this mindset. I cringe with what you writing. The market...

anyone who posts their calls live is probably a net-loser. Anyone who cares whether the likely aforementioned loser is fabricating his calls is also probably a loser. You take the garbage that is posted on here much too seriously.

This is how I tend to frame my trades. Do I have too much company on my side of the trade? What is the makeup of the people on my side of the trade? Is it dumb money? What possible exogenous events have not been priced in by the financial models that I can make a profit? Everybody is using...

I am wrong roughly 50% of the time. And I'm doing fine. It's called speculation for a reason. It's folly to think you need to be right most of the time to make money. Better to be wrong most of the time, and press the shit out of my few winners. Taking losses... just a built in cost of the game...

You'll never get the right answer, because you're asking the wrong question. Develop a strategy, but more importantly learn to identify when the market is no longer conducive to your strategy... then turn it off and/or size down. The problem isn't your strategy per se, it's that you haven't...

Do I think the student debt situation is outrageous on the aggregate level? Absolutely. However, my point is that on the individual level the situation is still very manageable for the prudent student. Is it a win-win situation, far from it. Personally I think the spigot on the easy money for...