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  1. pak

    Anyone pulling money out of MF Global?

    Bad things happen to stupid people (Don Miller).... Now here’s a guy that must of busted his ass to get up to $3mil daytrading the ES. Don appears to be a great trader but a LOUSY risk manager. By his own words, I believe he day trades 20-100 at any given time and using a comfortable...
  2. pak

    The 98% Who Fail

    Great article Swan!
  3. pak

    Am I looking for a pie in the sky?

    Im a bit old to trading, here is what I would like: 1. A sys that getting the girl will come easy around the world 2. ANY timeframe 3. For diversification, no girl heavier then 140 lbs, full curves 4. I do not want to spend any money buying drinks 5. Must be totally stress free 6. I have...
  4. pak

    Why is the book "Trading in the Zone" recommended

    Also think Check it and a few others (make valid points) that mention all the discipline and knowing yourself will not make u a winner if u don’t have the skills…but it will keep u in the game much longer in order to continue your quest for the “edgs”… Just because i can outlast 99%...
  5. pak

    Why is the book "Trading in the Zone" recommended

    I believe Rolex is right on... as i still believe that even if commissions were free the same # of people would still lose... Case in point: when i go back and look at my journal of my worst losing trades due to human emotional error ( let the loser go to far-unable to take the smaller...
  6. pak

    How do you know you have an edge trading options?

    over 30 trades and u will have a very good idea- But ONLY when buying options. No matter how many trades u do u cant determine the edge when selling options...
  7. pak

    does watching CNBC help or hurt your trading?

    Newsflash: “CQG has just added the “Kramer index” to its list of indicators”. Rumor has it that Rick Santelli’s boys are putting it to good use…
  8. pak

    Trading vs Playing poker, will it help with my trading?

    Dee makes a great point BUT I believe the OP is talking about the comparison of the game of poker and trading… not the personality type of each. Also have to point out Dee’s definition of “pro poker player”…I don’t believe there is a true professional tournament player who males...
  9. pak

    The Pity Party

    And just to give this topic post some balance…the BEST (luckiest) trade was: Again, at that time I noticed the seasonal aspect of oj ( the winter freeze play) so I went long at the end of the summer in august-noticing that prices usually rise coming into the winter (and it did) -hoping...
  10. pak

    The Pity Party

    I wasn’t going to Free, but since u asked: Black Ferrari 328…at that time I couldn’t pop for the real deal “the Testarossa” so I “settled” for the 328! And believe me…it still was worth it…:)
  11. pak

    The Pity Party

    Between Handles story (a classic) and the Coffee guy who wanted to throw up ( I can relate to this) my biggest disaster was in my first wave ( early 20’s) of trading: I had an account of 200k and doing very well that year -i.e taking too large risks…was heavily short coming in the next...
  12. pak

    Cody Willard says google is going to $2000!!!!!!

    NEWSFLASH: Jenna Jameson & Paris Hilton both agree that Google is going to 2000! So hurry up and jump in...
  13. pak

    Pro please help to deceide give up or not

    Georg, I will agree with u on #1. On #3 your right- discipline and patience are necessary ingredients –or else you will not last the 10,000 hours!!
  14. pak

    Giving up on day trading?

    I’ll take issue with u Hydro regarding “having an edge”… First of all define this edge in trading-is it + 2%/4%/10%? You can still easily lose WITH AN EDGE if u bet too big with a finite bankroll (like all of us) Lets even assume thru backtesting/sim trading you have an...
  15. pak

    Pro please help to deceide give up or not

    To the OP: Read Dozu’s 2 posts over and over again as what he says is true: 1. U better love it…can’t do it for the money 2. Be prepared for 10,000 screen hours to develop your skill 3. Discipline-patience-money management with no edge will keep u at the table longer with a very...
  16. pak

    What Broker do you like best?

    Even if the commission was FREE, about the same % would still lose...
  17. pak

    Probability of success due to chance alone?

    I don’t write much…but was compelled by reading these pages…Bravo Red for saying it perfect!! Lets reverse the situation: I open up a walk-in clinic after dabbling ( for a few years) in helping my friends and family get better from illness. Im sure I can cure way over 70% of the...
  18. pak

    3 thoughts about behavior

    3 thoughts about behavior: 1. Men have trouble admitting their wrong 2. Men think “no” means “yes” 3. Men will always stare at a good body
  19. pak

    `Black Swan' Author Says Investors Should Sue Nobel for Crisis

    The editor left out the part that Dr. Taleb wants to turn it into a class action suit with a special pay out to ET members if Victorious...
  20. pak

    If this is the future of the USA, where would you choose to live?

    I would move to New Jersey because of the clean air and Beautiful girls...
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