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It is different for 2 reasons: 1) You didn't take their money. Applying for a job is not equal to playing the trading game. A more accurate analogy would be be that you all got the job but only you made money while the others actually had to pay. 2) when you get the job you might have a...

90% is just a number I hear quoted, I don't know the exact number. The point is that someone has to lose. Never said it was by force or manipulation, or anything else. you are missing the point, I was responding to the guy who said he made a living without taking anything from society. In...

completely agree badger, I'm just saying let's not delude ourselves here. Make your roll, but please don't tell me you are productive and virtuous.

that was funny But the guy you quoted has serious delusions: It is as if the 90% of traders you take money from and cause hardship to don't exist... ask yourself this: If you made 100K for clicking a mouse, and then you bought a house, didn't someone have to pay with their hard work?

I think you are the one missing something. Ultimately economics is about people making and doing things for others. It isn't a platitude- if we as a nation don't produce something of value to others then we will collapse. Traders produce nothing of economic value. On a personal level I...

well there you have it, grand stupidcycle knew all this was going to happen long ago.

being nice won't work, try the terminator approach "your edge, give it to me, now"

No it is not, Pluto is in Sagittarius. Besides Eris is the same size and astrology says nothing about it. http://www.heavens-above.com/constellation.aspx?lat=0&lng=0&alt=0&loc=Unspecified&TZ=CET&con=Aqr (pick sagittarius on the menu drop down)

has anyone else noticed that beer and liquor are up also? my favorite single barrel bourbon went up $3 in one day

Strawman... I have no idea who said that, certainly not me. I fact I have never anyone claim that non sequitur, but anyway paying people to not be envious doesn't work either. I believe the only thing that really works is opportunity, that way the envious are only the lazy and destructive...

We don't need to guess or talk abstractions. The number one cause of poverty in the united states is women having children too early and out of wedlock. Having a kid when you can't afford one is an economically destructive choice. I would guess alcohol and drugs are some distant second...

You just figured out that economics is psychology and humans are still apes? To me the mystery is why people demand economic equality of outcomes when everything we observe about people interacting or competing, and nature says that would be impossible. If you try and force it then there...

the good times eh? and the 'pep talks' as joke mentions... set-ups for more beatdown Bah It's just money, I have my health and family, when I die this won't matter Everyone pays tuition, so no big deal I'm losing less Just think of **fill in the blank with someone less fortunate...

I finally got it, this is easy, I'll be up a million in 6 months

Dammit! Last time I bought the top, so i'm staying short no matter what.

I traded bellies 10 years ago. Those fast 100 pt moves were exciting.

I thought it would be fun to try and remember some things I was thinking before I lost my shirt. You have any? 1. I'll go for just one tick today (normally don't scalp) 2. It HAS to hit ##.## (or the famous corollary: there is NO WAY the market can go to ##.##) 3. Pork bellies sure can...

how the hell do you measure 20% of effort? sounds like someone pulling something out of his ass in order to sound knowledgeable to people who don't know better

Cree still loooks like a good bet in some ways, but LED lighting a technology that will most likely have very heavy competition. LEDs are not like integrated circuits, the tech barriers for entry are much lower much like solar cells. I see some asian company stealing know-how, then...

LOL, challenged him personally? Oh my, how dare I question anything about the great Matador fund and thoreau's comments (no matter how dumb)... I mean us 'little people' should be muzzled. Really I don't give two shoits about Niederhoffer and all his aliases and lackeys here, I'm just...