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    My DAYTRADER story

    Trading is exactly like any other business. When I first started trading 18 years ago I read an article by a guy named Sanford Sigoloff. His expertise was turning around failed companies. He defined business success around two concepts: (a) effectiveness and (b) efficiency. As a...
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    Jimmy Carter Snubbed By State Dept.

    They snubbed Carter AND North Korea. That's what I call a twofer.
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    Heaven is a fairy tale, says physicist Hawking

    It's amusing listening to you guys argue about how many angels can dance on the head of a pin... As if pins actually exist. :D
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    California Governor-not daytarding

    The SPERMINATOR strikes again!
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    Gallup: Obama's Post Bin Laden Bump Has Vanished

    If the economy recovers (especially jobs), Obama will be easily re-elected. If not, he will be vulnerable in 2012. Ninety percent of all national elections are a "confidence/no-confidence" vote on the economy.
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    What antivirus program you guys use to protect your trading computers?

    I agree. ESET Nod32 is the best I've found. Light weight. Trouble free. Works like it should.
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    bond_trad3r's illegal immigration solution

    Is being a hard worker the standard for becoming an American citizen? There are people in Uzbekistan and Uganda that are hard workers, too. Should they also be given American citizenship?
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    Ron Paul's chances becoming president.

    You make a valid point, but that wasn't the original question. The question was regarding "Ron Paul's chances of becoming President." His chances are zero.
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    Public Schools are DEAD! Just give $5,000 voucher per child

    In Southern California, $10k per year per student is just the annual operating costs. If you add in capital expendiditures it's well over $20k per year per student in many cities. We send our kids to a private school where the total annual cost per student is about $13.5k and the education they...
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    2 Evils - Big Business(BB) vs Big Government(BG)

    Real conservatives are an extinct species. The choice we have right now is between big-government Democrats and big-government Republicans. That's why I don't vote for either party.
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    The Stop Loss

    Your question raises a larger issue of exits in general. When I first started trading, I didn't realize that more money was made/lost on exits than on entries. In sum, I would say that entries are easy -- exits are hard. I enter a trade with a "last resort" stop loss out of immediate striking...
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    Do you leave your trading behind for the day?

    When I leave my office I leave all thoughts of trading behind. I focus on my wife, children and (of course) golf. When I first started trading I was obssessed, thinking about trading every waking moment. It's necessary, I believe, when first learning any difficult skill. I needed to be...
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    Ron Paul's chances becoming president.

    And that's really the bottom line -- he's not electable. The probablity of Ron Paul becoming President of the US is exactly zero.
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    The Fake 60% Approval Rating

    I agree. RCP has the best coverage on polls. I'll start watching them about six months before the election.
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    Obama approval hits 60 percent

    The sinking economy made Ross Perot's candidacy possible. The bad economy was all Perot talked about. If the economy had been strong, Perot would not have run and the election outcome would have been different -- G.H.W. Bush would have been easily re-elected.
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    Obama approval hits 60 percent

    After the first Gulf War in 1991, President George H.W. Bush's approval rating was a record-setting 88%. He then lost the next election. Why? Because unemployment was up, gas prices were up and housing prices were falling. In less than 18 months President G.H.W Bush's approval rating collapsed...
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    Biodiesel - this is how we roll

    Now biodiesel grows on trees... I mean in ponds. http://www.jouleunlimited.com/
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    Despite poor jobs numbers, employment of Hispanics is rising.

    The "real" unemployment rate (u6) is 15.9%, not the 9% that the government would like you to believe. Definition: The U6 unemployment rate counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts "marginally attached workers and those...
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    fannie mae asking for more billions! Biggest bailout in history for a single company!

    An article about Fannie Mae that appeared in the New York Times on September 30th of 1999 predicted everything that was to follow: http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html "In moving, even tentatively, into this new area of lending...
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    Post Debate Buzz For Herman Cain

    The answer is "self-selection bias." Until the past few years, very few blacks (close to zero) chose to run as Republicans. If blacks choose not to run as Republicans, then the outcome is determined by candidate self-selection, not by voter's attitudes. Self-selection bias is the "monkey in...
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