Search results

when you go into something, you should only go into it if you think (right from the beginning) that you can totally dominate and make enough to retire. Thinking how it will look on your resume is a negative attitude right away.

I agree, most of these IB rules are very smart.

IMO, there are usually only a few good opps a year to make money in the market. You have to hit them hard and time them right to make a great living in this game... unless you are one of the pigmen with inside information.

Agreed... if you want to stop prostitution make it legal, if you want to stop illegal drug dealing make it legal, if you want to stop tax evasion ... eliminate income taxes.

One of the problems with short-term trading is experiencing whipsaws. One of the problems with trading in a bucket shop structured market it getting creamed and creamed fast.

Why... A four letter work... R-I-S-K

in a true capitalist structure, a "minimum wage" should not even exist. I think wages should be set by the marketplace, not by government policy.

well said Steve, people that follow Zanger know that he makes reference to revenue and profit growth quite a bit.

In certain countries like Canada, it's very very difficult to get licensed, takes 5-7 years and CFAs and you have to work for a major instituation... not as easy as signing a few papers.

I love it when people that can't trade try to convince others that have been making a great living trading that it can't be done:D :D :D

which Zanger students have newsletters?

I don't agree... good money management means managing risk... Zanger goes big but expects the stock to move in his favour immediately... he has extreme discipline and cuts his losses super fast.

You hit that right... buying a stock and buying a company is two totally different things... poor traders confuse the two.

Falling in love with a stock is the number one portfolio eater!

I guess you still have to learn that lesson.

I like that... "balls to the wall" LMAO!!!

I do so also, but the second part of your statement is ludacris ... there is no such thing as "best companies." There are only stocks that go up and others that don't.

Hence the above comment... "Also, you don't have to be trading all the time ... you can grow your account sickly with 4-5 good trades a year if you understand the basics of position sizing and riding winners." I agree, I think a lot of times he offers stocks when infact it's just better to...

Your right! but your 20% figure is not.

Do you have the original 1940 edition or the Smitten edition? If you want the 1940 edition email me... your right about the similarities, nice catch.