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Where have you been, living in a cave? The KKK has always been 100% DemoCrap!

Yeah well, I'm a bit into "technical market heresy".... as some of the conventional wisdom is BS. I've never mentioned it before but one of the original Market Wizards contacted me years ago about managing some of his clients' money for him. (Why would he contact me? How would he even know...

Of course you will. :) All I said was that he made a "contradictory statement"... and a whole bunch of ETers rush to defend that it was NOT contradictory.... even though it is. Sheesh! And just which of his contradictory "worth $5 Bill" statements are you siding with?

Not really. Voters/sheeple are smart enough to "evaluate and want"... they just "vote for this guy because we (party elites) said so"... and they did/do.

Sounds to me like you've got the right approach. Speaking of "not holding losing stocks"... I saw a story once where some high-up guy in a brokerage was telling about his trading team. They had a rule that in their Monday morning meetings, everybody holding a losing position had to justify the...

I don't "set targets"..... never have. It's difficult to "let profits run and score a big winner" as you constantly have to deal with "counters". That said, there are 2 "places on the chart" where it's most logical to sell. #1, "sell aggressively into exhaustion high" as best you might...

Only seems epic if you're leveraged long.

"Having criteria for when to sell"... of course it will occur at "some" price... everything occurs at some price.... is not the same as having a "price in mind where I'd take profits" which is the definition of "target". "Having a price/target in mind" for the trade is contradictory to "letting...

He didin't say target, of course... instead he described it by having a price in mind where he will sell.

If CA were split into 3 or 5 states, they could of course have their House votes proportioned between the states. But if each state got 2 Senate seats... CA would then have 6-10 (Lefty) Senate seats instead of 2.

There is so much BILGE in this story, I wouldn't know where to begin. The author is a dope!

In Steve Shellins' MoneyResearch Newsletter, he once said that those who claimed analysis of cycles as their primary approach to the markets had the lowest performance of any sub-group he tracked. FWIW...

Except for "Where will I sell it if I am wrong"?... That's your initial risk/stop if things go against you before going in your favor.... I disagree with Jones on this point. In Rule #1, he says "Let winners run", but in rule #2, he says, [paraphrasing] "Where will I sell if I'm correct?"...

The Rules That Made Tudor Jones Successful Rule #1: Cut Losers Short & Let Winners Run. It takes tremendous humility to navigate markets successfully. There can be no such thing as hubris when investments do not go the way you want them. Investors plagued with big egos cannot admit mistakes, or...

The only fair tax is a flat tax. "Progressive income taxes" (and some of their specialized loopholes) are a tool of power and control... which is why we have them. :(

That's easy. Just glom onto the next "10-bagger in 2 years" and trade the stuffing out of its calls.

Same is true for beer, weed, etc.

Good handle! Reminded me of "Unlucky Luciano".

Lots do. Most do. But IB is "notorious(?)" for being conservative about margin risk. That's good for everyone involved.

True. Surprised it hasn't already morphed into some BLM or LGBT thingy. :)