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With the speed of your trading and if you are extremely excellent then the answer is Yes you can reach your objective by year end. But the $250K will be in commission and you still keep your 5K.

Or precisely, I can follow the market train containing infinite coach, without knowing in advance its direction, but not always sit in the same coach since I need to get out for lunch and dinner, then come back to sit in another coach. There's nothing wrong to sit in another coach as long as I...

Psychology of Fear and Greed. The level of fear increase as long as the stock is moving downward until to a point [panic] (unfortunately we can't consciously determine that point in advance) where it can trigger an action (sell). The greed is doing the same manner just in the opposite side, the...

I mean leader in each category, for example technology is GOOG, financial is Idon'tknow, etc. Those leaders of its industry do not have to slow down simultaneously. One leader starts to slow down now, but the others continue to rise but sooner or later they will fall down as an inevitable. So...

Right. The best indicator to spot the Bear Market offered by Jesse Livermore is to look the leader (in our time is GOOG). If the leader start to slow down or retrace, then how could we can expect the non-leaders could go up. The answer is no. So he was undisputed right. If the Ferrari can't...

The Bear Market is officially declared when most investors almost lost all of their assets, too late. So when it already started we never exactly know and when it's officially declared we are near the bottom.

Microsoft is the bad guy, they didn't pay much, they just paid $240M and pumped the price up so high to lockout Google, Yahoo and others.

Another housing boom.

What about IB? Any plan for future product?

Seek the Truth! Meaning that you must not blame outsiders for your losses. The truth of the problem must lay internally, not externally. So this is a good news since it's more probable to modify the inside source than the outside source. 1. Acknowledge it 2. Find out how you can overcome...

Paulson & Greenspan are taking Bernanke's job. Making him harder to calm down the market. White House is messing up. They promise to give the Fed full independent but hire Goldman Sachs to interfere and not shut up the former Fed chairman.

Trading failure is underlying in the difference between Paper Trading and Real Trading. Why paper trading is so easy to succeed and inversely real trading is completely another story. So if someone can manage or can make his/her emotion for real trading the same way as in paper trading then the...

A fixed amount of $100-200 per day is not likely to be realized because you will attempt to trade every day even the odds are not in your favor; then it's poised to make lots of mistakes. No existing trading system will be winning on every day basis. However, an average per day of that amount is...

Price, Volume, and Speed of the price movement. Past chart doesn't help much, only real-time quote allow you to see how quickly and intensely the price is moving upward or downward, especially upward. Any news on board members change, business, quarterly report, projection of profit...

Pick one of the ET members. :D

Dividend is a proof of the reward for a company that you have invested. A kind of to show you that you can continue to trust the company. A company who can regularly pay dividends in good and in bad time proved to be steadily strong. Any way, investing in that kind of company is for widows and...

Yes, it's very good to use it from time to time. But it's extremely bad if it is used very often, then all the money will be evaporated.

The problem we are facing right now is how to really retire an ex-Fed chairman. Your suggestion please...

Then they will claim that Daniel Bouton makes $7b, lots of bonuses to come. :D When the war is won then they claim the general won, while when the war is lost then they blame the soldiers lost the war.

So he did nothing wrong. He just applied the rule of 10% cut losses. Even most of us here are not able to apply this rule. So may the lost is widen than this guy if it were in hand of one of ET member. :D