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You're kidding right? This guy could not make money in a down market if his life depended on it. Only buying stocks and putting stops is a monkey strategy. What would happen if on average 8 out of 10 stocks did not go his way because of a bear market. Commish and tiny losses would have...

Yes because simply of the fact that there is no other book like it and the fact that fully confirms that speculation psychology has been around for ages and has not changed at all. Any of us can publish some nonsense reiterating the same old rules and pointing out some market basics, charts...

Let me guess, because it does not provide you with a trading system or a holy grail? I am reading the book now, it is amazing because you can literally read a passage and say to yourself "I was just in that same situation a day or two ago". Forget bullshit rules, Livermore speaks from...

Funny, yet true.

Haha yup it was. The best part is that they denied that they were in India when I asked. Not with that bank anymore for other reasons but that phone call was a small part of it. The reason I do not buy that argyment anymore is because it simply does not hold value in today's economy...

The biggest hidden cost is the quality of the product. I've dealt with few of these Indian call centers already and I am just baffled at the communication barrier. Just because they can be trained to sound a certain way does not mean they actually understand what is being said and what they...

Why is there this idiotic assumption that outsourcing equals cheaper costs and better productivity? Do your research. Most of the jobs being outsourced in this latest craze actually decrease product value and contain many hidden costs that no executive ever bothers to mention for the fear of...

Flawed argument. The answer to outsourced menial jobs was to educate oneself and get a white collar job. Reaganomics certainly helped create an abundance of financial & tech jobs which needed labor. You know, back when a 4 year degree meant something. At the moment, the only jobs that are...

This has been discussed so many times. I believe that the outsourcing craze is mainly due to the corporate corruption because the latest outsourced jobs are not cheaper at all and do not save money. On paper they do but in real life when quality and human interaction is important they do...

The way I trade now is pretty much self taught from experience, research, some books and conversating with other profitable traders. I started (and still am) prop. I was taught a half dead style which really made me nothing but made the firm a ton. I became profitable after swearing off that...

Try 4 years ago. The fake bid/offer is done everyday and anyone can do it. Go punch up some low volume NYSE stock during lunch and start stepping bids below the spread. U can prob run it up 50 cents.

You know, it is amazing how the markets have gotten so bad that many traders simply stopped trading and started playing online poker full time. Simple patience and discipline is enough to consistently win at single table tournaments. No effects of deteriorating volume & volatility in online...

Absolutely right. Even though I usually disagree with damir, he knows what he is talking about. Saudis are not rich. The saudi royal family and some close relatives & friends are rich while 90% of the country is in poverty. Standard results of first world mercantilism tactics. A country...

Sounds like the most likely scenario absent any serious event. Although I would not say a perfect market for traders, chop chop usually ends in churn & burn. The biggest problem is that the institutional and retail money will not be as involved as in a bull or bear market.

I've heard a few tidbits how this works. I-Banks and private investment firms for the big boys use these special clearing firms. SEC supposedely been cracking down on these for 20 years, yeah right. I think it's similiar to the naked shorting scam.

Yeah somehow I am not surprised that it didnt collapse but then it isnt ripping either. Too much hate for this on the street, between the day traders, the banks and the media. The contrarian view won.

Hope so, short at the moment. PPT will step in and make sure nothing happens of course.

I agree but RE "trading" & investing requires a much higher bankroll. No such thing as real estate prop firms. It seems more like the next step once you make some good loot as a trader.

Actually you can just use AOL or AOL Quick Buddy, it's funny. What is the deal, why wouldn't they just pass the forms around, it's not like anyone would have cared about signing them. Weird. cuz: I agree, way too much animosity coming from him, just too suspicious.

You dont really trade at the firm do you? Why would they take it away instead of just providing forms and telling everyone they are going to archive it. We spoke to GSP, there are ways around it and not talking about the paperwork. Out of curiosity do you even realize how network firewalls...