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I plan on doing it forever.

so far... I have had an excellent experience trading CDN stocks with IB, no real problems here. BTW IB SOFT... I love the innovation over the last year... charts, alerts etc and the lowering of the CDN commission, great job and please keep it up.

If you start with $100... trade trade trade and then get to $400, then trade trade trade down to $140, that is a 65% drawdown... it doesn't necessarily mean you lost 65% from starting capital. With hardcore trendfollowing, open profits tend to be very volatile, especially when pyramiding...

follow the damn trend trend trend,,, did I say trend! LOL

everything works some of the time and sometimes nothing works.

Winning traders can only profit to the extent that other traders are willing to lose. Traders are willing to lose when they obtain external benefits from trading. If I want to buy GOOG and nobody is willing to sell any stock; I can't profit. For me to have a chance at a profit somebody has...

http://www.investopedia.com/terms/o/opportunitycost.asp

http://en.wikipedia.org/wiki/Opportunity_cost Trading Lesson #1:D

when you sell a stock, you basically are selling the future opportunity and risk to the buyer. The question is... who is smarter?!?!:D

Your right!

I will give you one last example of my point. Again, if you don't believe the concept of opportunity loss then you probably won't like my answer; but my advice is think about the scenario below and tell me how you would feel and if you felt you lost anything. You bought 1 million shares of...

I also wish you good luck in your trading MM. Thanks for the discussion, I enjoyed it.

I'm not the one freezing my ass off in Saskatoon brother! LOL

Anyone who understands this concept IMO has experience and makes money. The the only way to understand this is to sell at $15, make 50% profit and see the stock go to $50. If you think you didn't lose anything for selling at $15 you probably shouldn't be trading because you just don't get it.

like I said, it's all how you frame it... once you trade for a decade or two, you realise that your opportunity losses are the most significant losses. If I buy something at $10 and it goes to $15 and sell, I made 50% profit... if the stock continues to rise to $50. IMO, that is my biggest...

I believe in opportunity cost. eg. I buy at $1, sell at $2... then the stock goes to $3. I made $1 profit, but I lost $1 in opportunity. If you don't believe in opportunity cost then it's not zero sum.

MM, only way it isn't zero sum is if you can't account for the gains and losses, you still haven't been able to prove yourself. zero sum is only an accounting method, your missing the point badly.

all interesting opinions, the bottomline is you should be playing the market to buy something for a dollar and sell it for more than a dollar. If you can do this there is no better job on earth IMO... unless maybe you are Jay Z! LOL

zero sum to me only means the money can be accounted for; to net out to zero. Fairness is a different issue... are you down the commission when you enter; definitely; can I track where it went to net out zero; definitely.

It's all how you frame it... I believe if I pay $5K real estate commission and someone gets paid the $5K, the nets out at zero.