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They went tits up.

MK, The title of this thread is a bit misleading. Trading is actually not all that hard provided one uses sound judgement and discipline. Your trade sounded like an ill advised gamble. Buying $8.5m of SPY while a nuclear reactor is melting down and there's so much inaccurate information...

The Platters: The Great Pretender......... Oh yes, I'm the great pretender Pretending I'm doing well My need is such I pretend too much I'm lonely but no one can tell Oh yes, I'm the great pretender Adrift in a world of my own I play the game but to my real shame You've left me to...

Hey MK, Just wondering how a guy who usually makes a living in slow moving thicker stocks winds up with 66,000 ($8,500,000 worth of) SPY? cheers, Red

Hustler magazine.......... It taught me the value of a good bottom. :)

This thread needs a serious bump. This trader tour is such a great idea. Life is indeed too short. Just got to get out and do it. Nearly 4 years after this thread was started is anyone interested in actually doing this?

Yes, I remember. Only I remember it as. Nick Leeson, Barrings Bank and the 1995 earthquake in Kobe, Japan.

WTF does this have to do with a tsunami? Are you that desperate for attention, you have to link that here?

Went to a Subway recently. Ordered a footlong steak and cheese sub. The 'sandwhich artist' starts making my sandwhich. When I request tomato, she grabs the 1 remaining slice and tells me there's no more left. I see around the corner into their office and see a 2nd employee with his head down...

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<iframe title="YouTube video player" width="640" height="390" src="http://www.youtube.com/embed/Nd5xKuW-D8U" frameborder="0" allowfullscreen></iframe> Wherfore art thou Pabst?

You actually don't need a lot of brain power to make money trading. Just a bit of common sense and a healthy dose of discipline.

Until the very next day when Iran or Venezuela announces they'll be producing less. It's not an issue of supply. The world is awash in oil. Releasing oil would do nothing.

It's funnier knowing that the competition (other traders) believe this crap. The Tehran Times ??? That's quite a reputable source. :D

Was once setting a stop order. After carefully entering all the details, I hit enter. Couldn't figure out why all of a sudden all of my shares disappeared. Then I realized the 'side' should have been set to buy not sell. D'oh. Was once cleaning out a hair on the keyboard with my finger...

I'd much rather deal with this than the old uptick rule. To the crybabies like Cramer who were whining for the return of the old uptick rule. ......... Suck it.

+1

How is this tripe not in 'chit chat'? Are the moderators totally asleep?

Your positions are too big. Your stops are too wide. You know this already. You've known this for sometime. Same old, same old.

Come on man. 'crgarcia' 'latinotrader'. The guy isn't even bright enough to disguise himself as a different minority.