Recent content by Mike777

  1. M

    Get a real job?! Daytrading article.

    Why so touchy? Do you want to make money and have respect and public adulation as well? Well go and be a missionary then. Hope this helps... "Daytrader saves the day...... Following the lots of bad things that happened today, yet another daytrader stepped up to the plate and shorted some...
  2. M

    Get a real job?! Daytrading article.

    Why? What difference does it make what people or journalists say or think?
  3. M

    Black Monday? Bull Monday?

    There ain't one. At least as far as my poll of 10 people where I work. All of them are invested but none of them are interested. 4 of them admit to not even knowing what the market numbers are + or- 10%. 1 guy has 200 QQQ bought at 59 (remember back then) and doesn't care what the price is...
  4. M

    Credit cards and short term intrest rates

    not sure about the US but in the UK these deals only apply to a transfered debit balance. So you can transfer a debt to the card account and they will carry it for free for 6 months or whatever. It is a smart move because people who transfer a large balance are unlikely to clear it in 6...
  5. M

    Get a real job?! Daytrading article.

    Well it must be me, but I didn't think that was so bad. The basic thrust of the article is that day trading as we knew it is gone and I agree. I remember meeting someone from NC who boasted non stop about how he traded bio teck stocks and made a fortune blah blah.....he is long gone out of this...
  6. M

    writing naked calls

    I think the catch is in your question. You need iron discipline. Stocks can gap up big and that call you wrote for $2 is now worth $10. Ouch. Anyway my experience with it is the same as every other strategy. It is not just the odd occasion that a trade goes against you in a big way it is...
  7. M

    Inflation or Deflation ?

    :( I discussed this with a group of people at work today. Us Europeans are mystified by the level of average personal debt that US families carry. It is way more than we could stomach. When I lived in the states I had a friend who bought a $17k boat on his credit card.:eek: CNBC reported...
  8. M

    Experinced traders only please ,Profit goals vs. buying power

    That doesn't make sense to me. Any supply and demand auction/trading is driven by imbalance between buyers and sellers otherwise a price would never change. If the demand for oranges triples in one day then the price will be driven due to shortage of supply. If people stop buying oranges then...
  9. M

    SuperEgo uncovered!!!!

    Yeah of course I'm kidding. Nothing to learn from serious pro's who've been in the business decades, much better to take advice from a faceless alias on a message board who can make any unsubstantiaed claim they want.
  10. M

    SuperEgo uncovered!!!!

    Amen. Actually this whole affair has been a huge eye opener for me. I never realised the sheer power of controvosy. I didn't realise that by marching into town with all guns blazing and spewing babble that you would be guaranteed so much attention. For me, I thought SE was a prankster from...
  11. M

    SuperEgo uncovered!!!!

    I kept a rampant woman waiting for that. I need help. No wait.......it worked she is really raring to go now. Treat em mean and keep em keen. Goodnight all.
  12. M

    SuperEgo uncovered!!!!

    Hurry up because I'm in the UK and it is past midnight here. My woman is hot and horny and waiting for me in bed so my patience is running out. I'll give it 3 more hours and no more.
  13. M

    SuperEgo uncovered!!!!

    OH MY GOD IT WAS MAGNA GETTING THE PER PERSON POST RATE UP SO THAT ET COULD STING THE SPONSORS FOR MORE MONEY. OH MY GOD.
  14. M

    SuperEgo uncovered!!!!

    ELVIS GODDAM F*C KING PRESLEY
  15. M

    SuperEgo uncovered!!!!

    Bill Clinton?
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