Recent content by GodsGift

The rationale is the corollary of what got us to 14,000… the willingness to buy anything; and now, the willingness to buy nothing. The market trades based on levels and the defense or penetration of those levels. If you believe that people aged 12-65 are going to become permanently...

Get your flame-throwers out.

buy everything at 1.55, sell it up 25 cents.

It's absolute statements like the one above that lead those in control of the market to test extreme values. As long as people speak in this way, the market will hurt them. When people give-up is when the pain will be over. Also, and this is slightly off-topic, but anyone who cites...

Start pyramiding at 95. 130 is and has been the level, which is why we’re seeing this move. Many stops in the 120s. Keep you’re average price below 110 and you’re safe. Medium term hold, however.

Don’t be so hard on yourself. The market is the most dynamic social laboratory that ever existed and you paid your admission and learned its lessons for only $10,000. That’s pretty cheap considering that most losers pay 4x that per year to study acting and smoke weed. If you are still...

If it could be proven, the circumstance would be regulated away. Consider the Zero Competition Condition, which states that if an industry has low/no barriers to entry, economic rewards will induce entry up to the point of the returns converging toward zero. This explains why real estate...

Don – how are you guaranteeing that Brandon’s losses are not pooled against other trader’s equity? If you’d get specific on this point, I’d venture to guess you’d quell the pace of this thread. Simply saying it isn’t so isn’t enough. And, you can bet every Bright trader is...

Don't know Brandon Adams. Don't know Don Bright. All I know is what I've read here to today and what Don has confirmed. This is a great lessson for many of the young fish on this site that the phrase, "It is double pleasure to deceive the deceiver" is alive and well. Apparently this guy...

That would rarely, if ever happen. The risk manager would be closing your position for you once down 4-5k, if not sooner. As a sub of thier account, they are in control, no matter if they say otherwise.

Other Misconceptions: Trading is less than 99% random. Jim Simon's success proves that trading isn't completely random, but unless your a mathematician and former government code-breaker like him, it might as well be. Stop listening to curve fitting randomness, "he came on the bid and I hit...

Whether 1/16th or 1/50000th, my point holds: He said he was getting slipped 3-4 cents in the 80s and stocks weren't even quoted on that basis back then! Perhaps next time, focus less on being pedantic and you won't make a pointless criticism.

Uhm - weren't stocks quoted in 1/16ths in the 80s? Christ, you're such a piker.