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Bucky Lee, The only thing your logic proves, is that you cannot PROVE the existence or non-existence of God. With that realization, I would much rather take Pascal's wager than deny the existence of God. This conversation should end, as it will go on forever. (It also really has...

Only micro-evolution is a fact, macro-evolution is not, if you BELIEVE in macro-evolution, you are religous, whether you accept it or not.

I remember reading either Market Wizards I or II, where one of the traders claimed to never have a loosing TRADE!!! I remember Schwager was pretty sceptical about that, (he should be!) and in so many words accused him of lying. Anyone remember which interview that was?

If you really want to get your brain working, listen to music from the baroque (bach, handel, etc) or classical periods (motzart, haydn, beethoven, etc). Tchaikovsky may sound nice, but I dont think music from the Romantic period has been proven to stimulate the brain. (I may be wrong)

Alot of other broker also do this, and I also have absolutly no idea why. This is one of the reasons I only trade Listed stocks.

I'm sorry I didnt see this message sooner, I didnt realize I missed it. I do have my own VBA code that I use, but it is very un-userfriendly, in other words... Its a horrible mess. :) To be very frank, you dont need it. To collect stats on a stock it takes about 30 minutes for each...

Am I understanding this correctly? If I trade at Echo, I pay the $300 (Echo fees) + $200 (Exchg.fees) = $500? I could afford the $300, but $500 would REALLY be pushing it.

Is littledrummerboy a little boy? In that case, he cant get a min wage job! :) Heck, I first got interested in trading at the age of 12. (I couldnt meet the 500 dollar mins either) There was no IB back then, BUT IF THERE WAS!! Watch out! LOL A 1 dollar commish at IB on $500 would only...

I was just wondering, are there any tax benefits for trading as a professional?

Almost forgot... For those of you who could not view the .gif chart I posted on rtharps board, you have to sign up to rtharps community with username and password to view it. (Its free and it just takes a minute) If you still cant get the .gif, email me and I will send it to you.

First of all, you guys are reading to much into those 3 numbers. I just picked them out of the air. :) Its just a perfect 1:3 setup, thats all. Such a trade would be rare in actual trading. 50 is enter, 48 is 2 points below 50, 56 is 6 points above 50, so the reward is 3 x the risk. Its...

If anyones interested in reading about my swing trading strategy, I outlined it in detail on Rtharp's message board. Check it out at: http://communities.msn.com/Rtharpsland/announcements.msnw?action=get_message&mview=0&ID_Message=756&LastModified=4675331474682194149&all_topics=1

The advantage only exists in your minds eye. If you know how to manage your account, you can sleep like a baby... Even if your long when World War III starts. :) Sure if you start swing trading with the same size that you day trade, your gonna get obliviated. Its ALL about properly...

Emotions are EVERYTHING! You can study TA, calculate expectancy, etc, etc, all you want... But it doesnt go to say that just because you do, you are safe. Most new traders need to touch the stove to see that it is hot. The chances of a new trader ALWAYS using strict risk management from...

This seems to be true, and statistics can verify it. But I believe it is an illusion. I think alot of undercapped traders just "apear to fail". Lets say trader joe is really committed to becoming a trader... He opens an account at datek with $10,000. He is new at the game and he blows...

I talked with echo, and they told me they put no pressure on you to trade... There are no rules for activity. You can trade once a month if you feel like it.

Is that really true? What if a high priced stock has an average daily range of 15 points? Wouldnt it be better to say that professional margin is really useful for stocks with low volitility? Example: A 1 point risk in a 150 dollar stock is like a 0.13 point risk in a 20 dollar...

This is obviously a possibility. But I dont think you would want to leverage ONE position 10 to 1. Robert's margin strategy does make sense, but there is a risk, albeit small of getting hit really bad. I would only consider using heavy margin on high priced, slothfull stocks. If you are...

dozu888 said "After you establish an intraday mentality, it is extremely hard to do swing, at least on the most active nasdaq stocks, if you observe the hourly/daily charts, you wouldn't possibly hold through several days without giving the stock a 5-point stop, if you play 3-500 shares...

Well here is my story... I hope some of you find it interesting. I started my interest in stock trading at about the age of 12, I don’t really remember why I became interested, but I remember going to the library and looking for stuff to read about the market. My family doesn’t have...