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Kungfu, could you elaborate more on why you decided to go prop? The reason I ask is if you plan on making large chunks of change on a couple of trades, you might be better off learning about the options market, as one poster said already (more leverage = more gain/loss). I agree somewhat...

Excellent advice, first time in awhile that someone told the truth about how it should go down. To sum your whole post up: Scared money never wins. -troll

Why would he blow out his account? I keep hearing this stuff all time about new traders and prop. firms. I understand that people lose money in the beginning as they learn, I know I did. But why do they lose money? I have a feeling the prop. firms are FORCING these new recruits to trade...

True that. I've also see him make some very good calls. I remember he told people don't buy at the 8,000 level that in fact we're going closer to 6,000 on the DOW. That was also very correct and was about a month out, even though a lot of individuals on TV were saying 8K is the bottoming of...

Very interesting. Especially the info on the loan and creditors. Paying debt with debt perhaps? Or....something more? Perhaps they see this as a turn point and are gearing up for an upswing in the economy. With regards to 'very interesting' comment I made above. I mean...

+ a dividend? sounds like a steal to me. Or perhaps neither company loses at all (goldman + berkshire) ? Goldman, generate CDS products, sell them to AIG. AIG, bankrupt, gets money from gov. gives it to Goldman. Goldman then gives a slice of the pie to Berkshire. = Everyone...

Well...not sure about his 'paper trail'. But when I've watched him, he's always at least had the decency to apologize for bad calls. FAR better than most 'experts' they bring on CNBC who make calls and are never brought back out before the public eyes to explain their bad, sometimes, idiotic...

Man finally got the gap down today that was needed to kill the beast. Took awhile. Looks like your in a good position to capture some of the downside. Great job & Good luck. -troll

Just got this in. Thought it was interesting, just goes to show that the integration has begun. http://www.postimage.org/image.php?v=aV1rBDSS Possibly good for TdAmeritrade, try and grab some of those traders vs. investors. -troll

ditto. -troll

I assume your talking about Sheldon Natenberg. If so, I was looking at his 1994 book, the others seem to have gotten bad reviews...perhaps I am wrong? Anyway, here is one that I was concerned about: "Not only is very difficult to understand but the strategies are only useful if you are a...

Haven't posted in this area for awhile, should be interesting to see the responses, might get a better viewing in the options area, but I'll try here first. Thinking about making more book purchases (why? I like books). Has anyone read these or heard anything about them (yay's/nay's) ...

Retarded. Another guy trying to jump on the "green" bandwagon. And an oil man ta-boot, how ironic. Building the 'biggest' wind farm, he has no idea what he's doing that's clear to see, if he did he wouldn't be building a windfarm to begin with. They don't produce hardly any energy and...

I completely agree NoDoji, in fact it's a proven fact. You can make money, faster as it takes people no time at all to sell than it is to buy, especially if they've already been burned. When 'shorting' in oversold conditions, I like to do not go all out and instead add to my position. In...

Any updates? Looking less and less likely. But who knows, perhaps some more graphs will convince us? Sure am interested. -troll

This new fuel standard is easily achievable by the car companies. Is it economical? Sure, will they make as much money? No. Which shows their reluctance. Basically...to all those market theorists. The government basically just said that the market is wrong and the consumer is wrong. The...

Called the 8,200ish level, 06-17-09 07:26 PM. Just say'n. -troll

Looks like you might have shorted at the right time. Looks very bearish, shame I didn't get in. Looks like it was going toward the $25-26 resistance, but today's close looks very bearish. Perhaps an evening star doji setup? Let us know how it turns out. -troll

I don't mind the speculators, I am a speculator as a stock trader. What I don't like is the concept that if you generate a guarantee like you do in the futures market, you should have 1.) the ability to get/produce the product and 2.) the proper storage capacity if delivered. Reminds me...

Not sure, I follow mostly the DOW (as that is what I trade), thank you in advance for reminding me that the S&P is what I should truly watch, yes I am aware but I never needed to watch it, call it old school. But it feels that the media/specialist are calling for a 10% correction (dow wise)...