Recent content by rimshaker

Hahah so freakin true! First thing i say is don't listen to cnbc. Ok easy enough, done. Then i start emailing a few insightful articles here and there about how to correctly approach the markets. I get some quick responses and questions at first, but then dies down within a month or so. And i...

Very well said gambler2075. When the economy and the markets are ripping apart the general public, best to just keep ones trading life and success/failure stories to themselves. When it comes to money, even the smallest well intentioned advice can backfire. They dont even have to LOSE...

^^ and a fair answer as well. Blackjack is my game also. I usually stick with the $10 tables even tho i could sit at way higher tables. I like to see the risk/reward emotions and actions of the avg person out there when it comes to money. It's amazing what you can learn. I've actually...

This isnt meant to be rude or philosophical, but why the need to talk about it? You insecure at some subconscious level? Why the urge to actually seeek people to talk to about your successes? You dont need validation or acknowledgement from anyone other than from yourself and family. The way you...

Only when Amanda is on cnbc

Build up at least $50k in discretionary savings first... ideally more like $100k. Trading for a living is the hardest job on the planet. Better have a huge cushion starting out.

Ironic as it sounds... when your trading/investing activities get boring... THAT'S when you know things are working out.

Always found it comical how banks/firms can actually rate each other..... they're all in the SAME sinking boat!

Being healthy, young and single with no kids makes a world of difference in a career decision like this. Having a close family support system is another biggie. Having an "edge" applies not just to the actual trading.. but in your personal situation as well... which is different for everyone...

Usually the ones who post the least .... if at all.

Before you even enter a position you're supposed to have analyzed your potential losses and possible outs first. After actually pulling the trigger, I immediately enter the stop loss order. In the back of my mind, i've already prepared myself for the worst outcome. Does wonders for lessening...

Over the years i've learned to never try and hit the market after being hit myself.... cause Mr. Market can always hit back harder.. and harder.. and harder.. and harder yet again until you stop hitting back.

Sounds like you've been through a lot. As tempting as trading for a living sounds... in your current position... don't do it. Have a normal day job (just like 99% of everyone on these forums) and build savings for several years; all the while learn everything you can about the markets and...

Free meals and drinks when hanging out with friends has been good enough for me :) And family is family... profit fees/charges are the last thing on my mind.

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