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Probably the best post I've ever seen in an internet forum. The stock market is just that, a market for stocks, stocks being businesses. When you do anything but treat stocks as businesses, you are gambling. The only way to win at this gambling is to get lucky or somehow put the odds greatly...

are you still holding leveraged etfs?

No kidding, It took him less than one minute to respond. You need to get a job my local dmv or cable company!!

No, I'm a contrarian. I turn water into wine not water into more water.

Hey thanks man. I went to the steak and shake for the day and of course moses had to emberass me by making the waiters sing the Happy birthday song.

its hard out here for a pimp

I dont want to fight either, and all those guys mentioned contributed plenty to their respective fields However, saying buffet and livermore and soros are in the same category, is completely foolish. Its like comparing Peyton Manning to Shaq and comparing Shaq to Michael Phelps. Their all...

Buffet has of course made poor investment decisions, we all have. However, he is not a trader at all. He looks at stocks and sees what they really are, businesses. He doesn't "trade" them. He invests as if he is buying the company. He has told people how he "cuts his losses" plenty of times. He...

Funny you say that. Which one of those men became the richest man in the world by executing his hypothesis? And which man became poor and tragically ended his life because he couldn't execute his hypothesis?

I agree about the p/e ratio, it is just one thing I might quickly check if I want to analyze a company in a few seconds, and I don't put too much faith in it. As for the liabilities part, yes I know that bank deposits count as debt, but you overlooked the working capital part of my post. They...

My advice. Don't even try trading. Put the odds on your side and become an investor who buys businesses not a speculator who plays hot potato. And don't read a book written by a man who gained and then LOST fortunes and ended up killing himself because he was so poor and unhappy. He was...

Very fundamentally sound? Are you kidding me? It took me 14.49 milliseconds on yahoo finance to find out this company is in horrible shape. - Their market cap is 484 million and their total debt is 2.5 billion. - Their p/e is 44 right now. I'm impressed that they even have positive...

The commercial says they deliver it right to your door if I remember it correctly. About once or twice a week I go to a family members house to eat dinner and visit, and they always have either fox news or fox business on. There are SO MANY gold commercials on all the time. Sometimes they'll...

Wow. I have CNBC on all day on low volume, and I glanced over at it a few minutes ago and noticed a commercial that advertised buying physical gold on leverage. It advertised that you could buy at 5 to 1. It appeared like it was geared to individual investors. It kind of reminds me of the great...

This will probably be your or some others reply to my post. Control risk and cut losses sounds great, but its very hard to actually do. Cut losses too soon and you will get whipsawed all the time, and your winning percentage will tank. Let losses run too far and you will watch all your little...

If only life was that easy. Its amazing what 9 months of straight bull market will do to people. Selling options is great, and market nuetral strategies are great, but it works until it doesn't. You have a very short memory. Remember 12-15 months ago? Those selling options then got...

This is my last post for a while. I'll be gone for a few weeks. NASA wants me on the moon ASAP!

You beat me to it. The guy is apparently going to spend a few million dollars on a seat and he is asking strangers on a website how to do it. Yeah, whatever you say pal.

your not saying that, but I am. You know what Warren Buffet's middle name is? Superdupersuccessfulricholdguyinvestordude. Im not saying that his middle name is why he is successful but...

No stocks less than 20 dollars! That eliminates a lot.