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Why take responsibility when you can blame your mistakes on others? People will not accept the blame and then get mad when they don't succeed. Its crazy.

You are correct about that, it is great news for those of us that are serious about it. I trade semi-fulltime, meaning I have a job that pays a decent amount of money and doesn't take much time or effort, so I continue to accept their paycheck. I have about 20 guys that report to me and they...

I have heard 90-95% of all traders fail. That number gets thrown around as if its gospel. I wonder if its true? I also wonder how that compares with everything else in the world. Like starting a business? I have heard that 90-95% of all new businesses fail within the first 5 years. I...

No doubt, the books just give you a starting place to jump from. They can guide you in the right direction and then with screen time you can piece it together for yourself. Profitsharing agreement would be nice, except the people that are really good enough to be a great mentor usually are...

Its hard to say if a mentor would have helped in the very beginning. Without knowing anything, how would I even know what a good mentor looks like? I guess I could say that books have been my mentors. I could also say I have been mentored right here on ET. Every know and then someone posts...

If you are looking for a mentor to tell you how to trade, that might be your first mistake. There are some good mentors out there, but they are better at steering you in the right direction more than saying "here, look at this, when you see that, do this". You need to look at a mentor...

Do those things work? I am only asking for a friend, its not for me. Seriously. not for me.

If a manager just flat out beats the market how much does he make that year? If he consistently churns the account, but fails to beat the market, how much MORE did he make that year? Not saying that managers are scamming the fund investors, but when you can make double or triple the amount...

I could do it for you. 10k to 50k in a month or two. The only problem I see is that I would have to trade very aggressively. There is a slight chance I might lose your 10k. When I say "slight" I mean there is a 35% chance chance I would lose your money. But theres a 95% chance the 35%...

Who in their right mind thinks that some hot chick they hook up with at a bar is really the right girl to marry? These guys are morons if they think some barfly is marrying material. Yes, a small number may be, but the majority are not. These guys need to look for wives in better places...

I think another reason is that many women feel they are not as valuable as men in this society because there really is a double standard here. They grow into adults that continue to think that and fear that a man may not love them, because they are not worthy. I would guess there are not as...

I didn't want to marry her for her money. But I couldn't figure out another way to get it.

and even a large PA woman is much better than "rosy palm and her five sisters"

There will always be poor people, because there will always be rich people. Can't have one without the other, because even if you evened it all out, some people have the drive and would figure out a way to get more. And others are happy not trying so they accept less. Giving out money so...

Maybe you should watch this movie first? Into The Wild

1. minimum wage? its supposed to be the MINIMUM. that means you live on the minimum level. you should not be living in a cardboard shack with a brand new escalade parked out front. If you are making minimum wage you should not have a cell phone, cable tv, or $200 sneakers. Make some choices...

The only problem is that it has been a scumhole for at least 30-40 years. If you think investment you need a reason for big money to go there and spend. Newark, NJ has been getting built up. They put in a performing arts center, a minor league baseball stadium, etc. I would not consider it...

Yes, those prices are probably for real. I have been to detroit a few times, and from what i have seen, if you buy the houses listed, YOU OVERPAID!!! Why pay for the house when you can squat there for free? the best part is you don't go over to your neighbors house to "borrow a cup of...

If you are risking 10% of your account each time you can go on indefinitely. you do not blow out after ten loses. You didn't split your account up into 10 pieces, you are just re-evaluating your capital after each trade and the next trade uses 10%. is that right? Starting at 50k you risk...

I do the same thing. There are many posts on the net about how magnum condoms don't fit me because they are too small. Not sure what that has to do with my credit rating though.