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I don't think the below comments have been brought up: 1) dividends can be cut and/or stock prices can crash. this guy might not actually be financially free at 40 yrs old 2) He might like peanut sandwiches

Out at 1.0905, small loss

Do you look after bees when they are ill?

re coin flips: i don't see why 2 heads in a row or two tails in a row is not a trend. Why does it have to be 3?

I would gladly give all my money away (substantial amount) if i could be 21 again. The guy eating peanut sandwiches is a moron (well, he's young and stupid). Money is always recoverable, time is lost forever.

doubled up at 1.0870, stops to 1.0915

i buy highs and sell lows. Been doing it for a long time. Thinking of doing it forever.

Just shorted euro v dollar. 1.0884, stop 1.0950, will exit much quicker if need be.

Euro appears to be on an uptrend, too many people have shorted expecting parity who are now covering.

So what?

He is a great figure. Dont let anyone tell you otherwise.

U cant compare the US with greece.as I already pointed out in another thread, thedebt of the US is insignificant compared to its assets. Not the same for greece....

I laugh at volly's statements about being moral and all the other nonsense. Total bollocks.

lol, strangest money management plan i've ever seen!

For that particular strategy (i.e long moving averages, no leverage) in that particular time period and market (2000-2007 aussie stocks), yes, historically you would have done better if you had no stops than if you did. Marvellous, but bit useless. To extrapolate from that and say that if you...

remember that study only had long positions , wonder what the results would have been if there had only been SHORT positions taken without stops!

Multiple studies on the same thing? : some moving average nonsense on highly correlated stocks in a bull market, no leverage used (um, that's when you really need the stops btw)

C'mon, surf, even a trainee trader on this site could pull the conclusions of that study apart!

welcome to the site. no idea where you saw all these fantastic results! the reality is of course that most, say 90+% of the members here lose money. I'm losing money right now, have been in a drawdown for about 6 weeks now, hence my active posting on here! Drawdowns happen to the best...

Well, instead of 1k, make it 10 k or maybe 1k a month. I fail to see why scumbag bankers should receive the money first via qe and the average citizen receives nothing