Search results

+1000 Remember trading is like any other trade or business, you've got to start and pay your dues. If you love this work, you'll gladly pay the dues (and for most it's long and hard) and build your foundation. After that has happened, profitability is just a natural result. There are many...

Does interactive brokers have the same time delay/execution that thinkorswim has, ie time delay in charting. TWS is not even close to TOS. IB is cheaper and many here use them, but are they really better than TOS. I will say this, of the free brokerage platforms, TOS is the best.

Lots of good responses like this one and the one that simply said Freedom. The above quote is really important in that once you build your foundation and create a profitable trading strategy, you really have the most secure job in the world. If you're employed, you're at the mercy of your...

You are right on with your thinking. Personally, I am a TA trader who uses fundamental analysis to further clarify/confirm my thinking and trades. Price analysis is also good for further clarification and confirmation. An all of an above approach makes a lot of sense. One thing I think is...

I don't live in WA; I live in MN actually. Traveled there for work and one of the places where I might move in the future. It seems culturally they are very similar, cold and polite. People will be decent to you, but it's not even close to the warmth you get in the South. Housing is very...

Sure. I'm just getting at that liberals hate TX just because it's conservative, such as that guy who posted the Maddow link. They hate TX even though Houston, Dallas have impressive downtowns and TX has the best housing stock in the country, maybe with the exception of Los Angeles. I have no...

Utah is a great, great state. It has a good business climate because it's probably the most Republican state in the country. I would consider living there, but I think it's hard to live there if you're not a Mormon. I don't get the TX bashing unless you are an overly partisan liberal. I'm a...

Very nice analysis. We're not the most productive job out there, but by far not the least. At least we add some positive to society, which many lawyers, government workers, and many cogs in many organizations cannot say. One major thing: we're supporting ourselves, which means we don't take jobs...

I do agree the one thing that's hurting IB is its platform. I looked at their TWS DEMO (don't know if it's up to date with the current platform), and I felt the whole thing was clunky. I guess people must use IB because they've got great rates and a good range of services. But their charting is...

Very interesting thread. I think Real Estate might be a good hedge strategy. It's steady income and you got hard assets. I think residential is safer than commercial, just because people have to live somewhere, even section eight. Isn't the Sears Tower 25% empty. I do think in commercial/office...

There's no set, uniform definition of depression, but we're most likely heading to a double dip recession. Even China is slowing down. Unless and until we stop the war against the entrepreneur, we'll continue to have weak growth. However, if we adopt the tax and regulatory model of Hong Kong...

This is actually quite funny. Jobs and many people at Apple are good latte, liberal Democrats. I would like nothing better than for them to eat their own medicine. And the best thing of all is that the unions own CA, so it'll be likely they can form a union.

The Chinese have very little ethical standards; look at how they treat their own people. Most of what they manufacture is either literally junk or now well manufactured. It's very sad they got their hands on Volvo. The Indians got Jaguar and Land Rover, which is depressing as well.

Reading the post, the thing you need is real confidence. You need that for trading and you need that for life. You should be proud of your profession. It's your life: be proud of it. I give only the bare details of what I do because unless I'm friends with the person it's none of their...

Good post. With 100k, you're in small business territory. Yes, you could easily do a web startup with 100k, but you better be the programmer, otherwise no dice. Outside of software, most small businesses are tons of hours with at best an uncertain future. You have to deal with taxes, bad...

You're a great example that college is "sometimes" worth the cost. The problem is that many people attend overly expensive private schools that don't have any added benefit in the job market. Only a few select schools do. A good rule is go to a top 15 US News university or go to the best public...

Montreal, Toronto, Vancouver are wonderful cities. Canada might not even have higher taxes than the US anymore. The one problem I see is its very liberal political culture, to the point that there really isn't free speech, eg lawsuits against Mark Steyn, threats to Ann Coulter, can't say...

Very credited. Poker and trading are similar in many respects, though Poker is more by chance since you'll never know what cards you'll have. But they are both based on strategy and analysis. So it helps, but as weewilly said you cannot really do both. It takes tons of practice to get good at...

We'll be in a double dip recession soon enough; or there wasn't a recovery at all, whatever your opinion.

There's no housing recovery. This article is strange in that it goes against lots of articles before it that continue to say prices are falling. There was a good new homes report today and this is the peak time through the summer for home purchases. A few states are not going to recovery for...