Recent content by kcmike

Good thread. I got caught up in this one so I had to post. I'm newer then new to trading but have similar questions and ideas as jaronimo. Here's my thoughts to building a system that I've taken from books, posts on this forum and job experience. Set Goals - Develop Plan - Implement...

Seems like this list could be condensed into one: Plan your trades. Trade your plan.

You could have spent 4 years racking up massive debt only to lose your job, declare bankruptcy and run to Mexico to hide from Vinny "the thumb". Instead, you followed your heart/mind and learned more then most in a lifetime. Keep learning and living! The grass is greener where you water...

A few things to think about (in no particular order of importance): Can't take a degree away from you once you've earned it. You will always be able to look back on "the college days" provided you took advantage while you could. A degree gives you something in common with everyone...

$800 a day for 200 days a year is $160K. After taxes, commissions and losing days (assuming you don't loss 65%-no jab intended...I just know some smarta$$ will through it out there) there's got to be $100K left. My question to add to Dominics is how much do you have to put into play EACH...

Plumlazy, You said it....although rambling all the way...you communicated more about the feelings and reality of trading then I have seen on other posts. I'm just beginning to start in trading but I took more from your post then I have from 98% of others. Thanks for the insights into your...

To all: Thanks for the great feedback. I look forward to more. I do understand that trading for a living is not easy work. There is alot of research, risk and hard work that makes one successful. I do not plan to jump in anytime soon. I plan to read, read and then read some more (all...

Hello all. This is my first post on ET. I've been lurking around for the last few months reading posts, taking notes..basically keeping my ears(eyes) open and my mouth shut..until tonight. Here's my story (names and places changed to protect:) ) I've got a good job with a good company...