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  1. M

    A 70k bet that I can't make a 50% gain in 2009

    Geez, you change can your time stamp to reflect your geographic location:) j/k Guys, you need to think a bit. I followed Geez on that FAS trade. I saw his post, looked at the quote and FAS was 9.16 so I bought it. When I pulled up the chart it was obvious to me where his entry signal was. I...
  2. M

    A 70k bet that I can't make a 50% gain in 2009

    Funny how often we're in the same place. At the exact same time you did LVS I was buying MGM..Took some size and sold already. Good luck
  3. M

    A 70k bet that I can't make a 50% gain in 2009

    Geez, I really appreciate you taking the time to post those charts. Looking forward to seeing all 4 patterns as well. I do trade for a living right now with a wife, kids mortgage, etc. so I'm in a little different spot than you, but I think your insight is spot on. When I was in your...
  4. M

    A 70k bet that I can't make a 50% gain in 2009

    Geez, First of all let me say thank you for this thread which is easily one of the best ever on this site. I love what your doing and I'm extremely intrigued to understand your style better. You have mentioned that you trade 4 different setups. I've looked back through the pages but I...
  5. M

    “An Entire Generation May Now Look At The Stock Market As A Losing Proposition."

    People who follow the markets forget how little the average person knows. Go to any website on the net that is frequented by the average mutual fund, 401K type and tell me they're out and wont be back. LOL! Ridiculous. They think this is a once in a generation opportunity to buy stocks...
  6. M

    mentally getting over missed trades you were in

    I kind of agree with CET. I got shook out of WFC this morning as well. But once it started to build a base and I saw the relative strength start coming back I rebought. Didn't hold long enough but thats nothing new. My thought is you have stops for a reason- to define your risk on that...
  7. M

    Taking 320K to 3.5million by Year End 2009

    Maybe I missed it, but I don't recall Neke asking for advise. It's funny how everytime he stumbles the trading geniuses come out of the woodwork with their proof of why they're smarter than him. Hopefully Neke has the good sense to employ liberal use of the ignore feature.
  8. M

    Rosetta Stone ends up 40 percent, best debut in a year...What a joke

    I know a guy who sells Rosetta Stone and I've always been amazed at the numbers he does. The stories he tells about what some families sacrifice in order to buy these CD's are wild. Then again, I know people selling $10s of millions of educational software that's probably not nearly as good...
  9. M

    Trading WITH versus WITHOUT a system

    So, dipshit, then why did you answer?? And congrats, you've created 2 money losing systems. Brilliant! Don't quit your day job kid.
  10. M

    Trading WITH versus WITHOUT a system

    Was this the system you used to generate those -30% returns last year or this the new and improved version??
  11. M

    NoDoji's Day Trading Log

    If I may offer my .02. Regarding day trading and swing trading. I've have found that for me it is far better to have seperate accounts specifically dedicated to one type of trading. Here's what used to happen to me. My day trading is consistently profitable. Throughout the year I would...
  12. M

    Would you do it all over again?

    You need to be well capitalized to really have a shot. Most traders fail for the same reason most other businesses fail. And yes, you must run your trading like business. And without working capital no business goes very far. Btw, well capitalized to me would mean at least 1 years living...
  13. M

    Where do the Top Traders Trade?

    Geez, I guess I got lucky. I joined a chatroom about 8-9 years ago that is run by a great trader who also happens to be an honest no BS person. The room is very small, but has quite a few superstar types. All the traders are more than willing to help each other out and shares ideas, call...
  14. M

    Banks are being propped up by the Fed, so Soros is wrong

    Buddy as of late August 2008 you were still denying we were in a recession. Apparently you had no clue as to the condition of the banking system at that point, but now just a mere 8 months later your so smart that not only do you know the banks are fixed but what Soro's intentions are too...
  15. M

    How to live in a house and not pay mortgage?

    By sheer coincidence I just got off the phone with a friend who lives in Arizona. His wife lost her job and soon after their rate was adjusted up. In Arizona a 1st is non-recourse and since he's upside down and struggling to pay the mortgage he decided about 2 months ago to just stop paying and...
  16. M

    How to live in a house and not pay mortgage?

    This subject is a lot more complicated than any of the post here reflect. Here are just some of the issue's: What state do you live in? In Cali forclosure is an administrative process, in other states it's a judicial process. Also, is the state recourse or non recourse? Is there a...
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