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A friend sent me this once and I thought it was hilarious :) DEMENTIA QUIZ FIRST QUESTION: YOU ARE A PARTICIPANT IN A RACE. YOU OVERTAKE THE SECOND PERSON. WHAT POSITION ARE YOU IN? ~~~~~~~~~~ ~~~~~~~~~~ ANSWER : IF YOU ANSWERED THAT YOU ARE...

That's almost like posing the question has anyone found the fountain of youth. If anyone has found a trade set up that works 99% of the time, they'd be a very wealthy individual and look forever young. If only these two things existed!

I think if you set a daily loss limit for yourself that should help you stay consistent. But within that daily loss limit also lies discipline. If you lack discipline as a trader your kind of screwed with the longevity to try to stay in these market with the account principle you first started...

Capital preservation and being able to prolong your participation in the markets you are trading. Traders will always have their winning days and losing days. That doesn't define you as a successful trader though. I think what really defines a successful trader is being able to stay in the...

Wow! That is really quite an accomplishment! One I don't think I can actually do. I get that processed foods are killers but when you stop eating food that comes in boxes, bottles, bags and cans, that kind of eliminates the whole damn grocery store except the produce area :/

I would look into some managed investments and maybe place a small sum there. But first I would hire a more than impeccable accountant to make sure everything is straightened out first and all taxes are paid before I start investing in anything. I would also than pay off all my debt and...

I don't think you would be able to measure a question like that. When you say better, do you mean better disciplined? This question definitely needs to be more specific to be able to be given a more specific answer.

I came across this post not expecting the "P" word to be used in such a manner, but it does fit the description of the point you're trying to make. We must all have lives outside of trading. Learn how to set daily risk limits for ourselves, and when we hit those for the day, walk away from our...

As we know, there are so many different elements when it comes to trading. One can call them educated guesses, one can call them gut feelings, dependent on your stance in these different markets. Also, many would call it a numbers game. There are so many different levels, support and...

I fully agree. I don't think that there's much argument of the existence of Jesus. But with these "bone boxes" it seems pretty far fetched. But who knows, anythings possible these days.

I really do appreciate this post. I live in an area where gas prices are around $4.20 a gallon for regular. I know there's deeper insight to this and the crude oil markets are really taking a huge hit. But what's happening in Iran is not getting any better, with it's nuclear program, the...

Hi guys! I found an interesting article over the weekend you may want to read about gold tp://www.bloomberg.com/news/2012-02-25/paulson-said-to-tell-clients-gold-fund-will-beat-others.html Let me know what you think. :)

Because this is just a random post, I only use a screen saver when I'm at work. I like to know how long I'm away from my computer and it's a great reminder that I need to get work done. :)

FOK orders (Fill or kill orders) are no longer applicable to electronic markets. A colleague of mine who's an ex floor trader told me this used to be matter when you would call in your orders to the floor and they'd offer the price you're trying to get filled at 3 times and if you were not...

This is very true. Or you should definitely keep a journal of your trades to see how the markets are behaving and you can take some time for analysis as needed for these markets. Please post some results so we can see how your doing on your trades.

J Wiley and Sons always have great published no BS books. You may want to check out their website: http://www.wiley.com/WileyCDA/Section/id-350085.html

Hi sdd80 I've been a trader in the futures markets for the past few years. The first thing I found to becoming a successful trader is finding a platform that best suites your trading style. If your a day trader looking to trade the electronic markets you need a strong fast execution platform...

Happiness starts with your absolute self. Seeking happiness within others or material objects will not work - I'll tell you that right now. We all need to know ourselves and what makes us smile. Also just know that you're human and your allowed to make mistakes. When you truly understand...

I fully agree with this title "Greece - just default already!" That way Greece can start on a clean slate and just start rebuilding their economy. Stop keeping everyone in suspense and taking time on the news in what we know is already inevitable!!

That's why our banking system has been now called too "Big" to fail.