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"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be...

The other premature exit if anyone is interested

No, it's worse, I had one stop out and exited two good sized winners prematurely but could only post a chart of one. I know I can't win every trade, 50% is better than what I had in mind. I guess my problem here is that I did everything right, and I called the market right, but I couldn't...

Moving average crossovers?

If anybody else trades like this (in this day trading obsessed world I have not encountered anybody who does) please pm me, would love to hear from you.

An IB formed on MSFT which I tried to take but got stopped out. These are less successful than the initial breakouts so I put smaller size on them, but when they work they can add alot to the size of the position, especially if you get a few of them in the trend.

Hi, Hoping for some advice, I am a total mess right now. I have spent years learning about the markets, reading books, reading forums, staring at charts for hours every night after putting in a long days work at the office. I have tried dozens of methods on loads of instruments on every...

Not recommending, just USA cheerlleading

Everyone read Ayn Rand. Goodnight.

Land of the free, USA, USA.

Was going to give a rant and put forward my views but to keep it brief I didn't start this thread to get lesson in morality, I'm a big boy I can decide for myself what's right and wrong. Please free to start another thread on how to scrape a living in this world while staying true to you values...

OK this has all been very enlightening but I am paranoid now, how do I get the thread deleted? I will drop you all a message to let you know if I end up getting the sack (terminated for the yanks)

That puts it in perspective thanks. OK chances of being caught are higher than at first thought, so if I was to decide I could live with the moral consequences I guess an idea would be to open an account in the wifes name, or go back to gambling.

I forgot to add the moral implications in my summary of the issue. I am pretty sure I am under the radar, no doubt about that one. Actually the rules with the stop distances and minimum holding periods seem to be designed to discourage short term speculation, so maybe its also to do with...

I was going to say checking me against a database seems a bit drachonian, but then I wouldn't put it passed them, in fact they are probably reading this thread right now.

Thanks for the responses guys, all valid points. I guess it comes down to the fact that yes they could probably find out I have an account with a broker, but do they really care or are the rules just to cover themselves in the case of some insider trading scandal, and then do I want to take...

I will take your comments on board, thanks.

Hi, Wasn't really sure which forum to post this in. I am based in the UK but work for a large US bank. I had my induction recently and got given the Personal Trading guidelines which will make the sort of trading most people do impossible. Some examples below: All trades to be cleared...

great thanks, having a look. Just ordered myself a copy of Options Plain and Simple.

Thanks, don't worry I won't be discouraged