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I guess they determined it was too risky for you. LOL Who's the broker? (so I know where not to go)

For a book I suggest Market Wizards by Jack Schwager. It's all interviews with successful traders and investors, gives you an idea about what goes on inside a successful mind. Also Reminiscences of a Stock Operator by LeFevre. It gives you an education on all the shenanigans that go on behind...

No, never average down without good reason. You have to know what you're doing, and the second (lower) buy is always just above a level of very strong support (and above my stop). If it crosses under that level then I get out fast and don't loose much on the second buy. It works for me 3/4 of...

Ericdh, Glad youy finally found something meaningful to add. It will help my trading I'm sure. And it's drivel, not dribble.

I usually take a full position first. When I first started I would add some when it went my way but that just raised my average cost and lowered my profits. If I really believe in a trade I will only add when it is going against me to get a lower average cost per share. If I end up being right...

When the market was near the bottom a month ago the evil empire (media, Goldman, funds, etc.) was reccommending that people hold off or go easy on their stock purchases for the time being because it was too early to tell if the early rally was going to be a sustained one. My as of yet only...

I use $COMPQ (NASDAQ)

A gyro senses changes in position. They have been using ring laser gyros for 15 years in military aircraft and guidance systems. A flywheel would be used to stabilize but it doesn't appear that this scooter has one in it. It's stabilized with position sensors and motor controls.

He's too wily. Like Moriarty.

I think Don has made some good posts, I'm glad he's here, but I'm seriously considering the trusty I button right now. Too much spam.

I've got to say it. Man, we have some quality going on here! Excellent posts.

Me too. Now, if only I knew the password..... BTW, it says "Enter username for Admin Console at Ads.elitetrader.com."

Something to think about. Your serious girlfriend might have a different opinion of you after she see's you go from a 80k company guy to a moaning, cussing guy sitting around the house in front of the computer terminal in his underwear all day. To most women image is everything (what would her...

I think this poll might be beneficial to people considering trading for the first time. Sometimes the decision to start trading is has a lot riding on it, quitting jobs, etc.. Also, how long have you been trading. I've been at it for about 9 mo.

Don't take anyones advice. You're the one that will have to live with the consequences. There's a saying "Expert advice is always comforting, even when it's wrong".

I am (was?) an AT&T AtHome cable customer. Opened my browser this morning, and surprise, surprise, I'm at AT&T. None of my bookmarks or homepage buttons work. They all send me right back to AT&T. I ran the "configurator" program and everything is working again, even Netscape. No problemo.

Risk management (the firms risk) . R = (Commissions/Trading results) "A bad trader". -1 > R < 0 . "A good trader" R > 0 or R < -1 . Account balance is somewhat irrelevant. For instance, if a traders account shows -$25,000 but he's paid $40,000 in commissions, and he walks away...

Go to Stockcharts.com. Do a customized scan. Example, find all stocks with atr(10)>2 and price <20. All the returned symbols will have a daily range of at least 10%.

If you could get it at $1.10 or less tomorrow it might be worth a small position. Looks interesting if your in a speculating mood.

Posted by Jaan "for example, some believe that the presence of a sentient being is required on the receiving end to invoke the collapse." . This is something like saying that our very awareness precludes us from understanding. If that were true, the only way to understand would be to become...