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    Trader P/L 2008

    ER total for June 2008. A slow month with a few non trading days to entertain relatives. Those days are tough for me to get back my mojo again because my system needs me to be on top of the market sentiment/price action. An average, boring month. Just how I want it to be :-) as long as I...
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    Summer Profits vs the Rest of the Year for DayTraders

    LOL You are killing me with your sense of humor.
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    Trader P/L 2008

    ER total for May-08. No goals to reach. Just take the best trades and trying to sit on winners longer. I did not beat myself up bad on the losing days. I kept reminding myself it's part of the system on day of losses even though I had gains in the am. Half of the days that had losses were...
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    The economic impact of the current Exodus from the United States.

    SouthAmerica, Because we got a fresh start to built our country from the ground up we will always be the greatest country in the world. Brilliant minds at that time learn from mistakes of other countries and the rest is history. The US is like a good trading system, right now it's in a...
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    Need Tax advice !!! Stay retail or form an LLC if you make $200-300K per year?

    Unless you have some good info to contribute instead of talking trash, please leave my thread. I will get SS and pension checks from my previous job so it's not like there are no safety net. Hopefully the trading income will be so consistent that I dont even care about the SS check 20yrs from...
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    Need Tax advice !!! Stay retail or form an LLC if you make $200-300K per year?

    I like this route more since I dont have much to deduct. Many tax articles said an office deduction is an automatic red flag to be audited. If I am legitimate and got nothing to hide then it's no big deal but I it's still a hassle.
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    Need Tax advice !!! Stay retail or form an LLC if you make $200-300K per year?

    I dont have much expense to deduct and it's no big deal if I deduct them or not. Are anyone in the same situation? If LLC or Corp, which firm are u guys using to do your year end tax? thanks in advance.
  8. L

    The MOUTH Index (turder#2)

    A few more bulls come on and watch out, we are heading down again. Perfect indicator for ET. What's new?
  9. L

    guilt of all market participants from 401k investor to daytrader

    It's funny how I dont feel guilty at all. Just the opposite. I know how tough it is to make it and if I am part of that elite group then I would be so proud of myself. The way I look at it is I am providing the entertainment to the gamblers.
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    Bernanke now accepting crap mortgages

    One reason why the market rally is because of lower rates. People and HFs are putting free money to work in the market to compensate for high inflation. This Ben and the whole Federal Reserve system should go away. This can't be good 20yrs down the road. The good days are behind us and...
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    Trader P/L 2008

    Another month of not meeting expectations. I am not happy at all with the results. Over trade most days on too big of a position. All because I set the standard too hi. I finally realized 3 things this past month: 1. My account is not big enough to handle the draw down when I go bigger ER...
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    Trader P/L 2008

    Are you taking much smaller positions now? I remembered you've had big gains/losses a few months back. Care to elaborate? I am on the path to trade bigger positions but results are not consistent and I am debating to scale down a little to reduce the stress. Good Luck MBA.
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    The stock_trad3r 2007-2008 market recession

    This negativity will never be over until wannabe traders like you start to give up on your long side and join the shorts. That is when we'll put in the bottom. You are part of the 95% of traders that lose in the market because of your thinking. Never trust the market. You are too funny in a...
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    Lose vs. Loose

    If traders are not careful, they could loose their shirts and all they got left is some lose change. hehehe
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    Frontier said it had agreed to sell four planes to counter rising fuel costs.

    Can you provide some ideas on how to get tickets that low? Thanks,
  16. L

    Bulls are backed by Feds- who the hell backs you?

    You are killing me. ET is too funny. ROTFLMAO
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    Increasing my shorts and puts on all positions

    Nice call Jack. People should give credit where it's due. I am glad you back up the truck on this call. The market's pop yesterday to really shake out the weak bears. That's why trading is so tough with all the head fakes. And that's the reason traders should never trust the market and just do...
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    28 million people in the US on Food Stamps

    The system is partly at fault but its the attitude of these clowns. My girlfriend is a supervisor at the welfare department. 95% of these clowns are there because they want to take advantage of the system. They know every loopholes to extract the most money out of your tax dollars and there...
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    28 million people in the US on Food Stamps

    I agree with you. But the problem is these idiots will be roaming your neighborhood at night to rob and kill you when they get too hungry. Unfortunately things like this can only happen in America.
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    Non - sensical ramblings of a stock trader...

    Your emotions are running hi because you need an income every month and you've got no savings to back you up. Know that your system will give you an edge to make so much each month and keep that thought in mind once you are in the trade. After a while, you will be on auto pilot and you will...
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