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Go to amazon and get "Bringing down the house". Its the story of MIT students taking on the casinos. It really relates to trading, plus its an interesting read.

"Its not random but sure as hell looks random" I totally understand that. But then I never really believed it was random in the first place. Just realized I didn't understand it all yet. Still don't, but can see more patterns in the "randomness" every day.

Thats the part I don't understand, if its random, how can I have an edge? Wouldn't random mean that there were no patterns I could exploit for an edge? It seems to me, the more you learn, the less random it is.

When I started trading the markets looked very random. The more I learned, the less random they looked. The more I learn, and understand, the more money I make. If the markets are all random, than does that mean I have only been lucky up till now? Or is it that the more you learn and...

I had three issues that I emailed TS about. They were all answered in 3-4 WEEKS. Now I trade with IB. Too bad, there were a lot of things I liked about TS.

It all depends. What are your monthly living costs? If they are 5,000 a month, you need to make at least 10,000 a month because you have to pay taxes and you have to grow the account. How much can you consistently earn each month? 1%, 5%, 10% ??? If its 1%, you need at least a mil to...

: I am about a third of the way through Deep Survival. So far its pretty interesting. Dont tell me how it ends. :D

Any wireless signal can be intercepted. With a wireless router the signal is not too strong, so the interception range is not very far. Plus they would have to be able to decode it. If you are living in an apartment building in a busy area, it may be a concern. Hardwired routers are...

UPS or surge suppressor. One or the other, never both. Never plug a UPS into a surge suppressor, and never plug a surge suppressor into a UPS. This does not increase your protection, it actually lessens it. I used to be able to explain why, but that part of my memory was deleted to...

Stops are a poor way? To me, I have to know the amount I am willing to risk on a trade if it goes against me. Without using stops, how else do you get out of the trade? You could sit and watch it get to your risk limit and then close out the position manually, but thats still a stop...

Putting it like that maybe you are right? Get back into the corporate world and work for someone else. There you only have to worry about downsizing, rightsizing, layoffs, office politics, not getting promoted for the position you deserve because the VPs son just got out of college and took...

2 pts a day in ES is sometimes easy. Sometimes not so easy. I do that but changed it slightly, instead of having to get 2 pts a day per contract, I base it on 10 pts a week. You get some days where the risk is too great to get an easy 2, maybe I get one, then the next day I get 4,5,6...

Is anyone using the widescreen LCD monitors? Are they worth the extra price? Does it give you more screen real estate or does it just stretch out the existing screen?

market wizards. The first one.

Ok, thanks for the clarification. I didn't realize that when people used a card and pressed credit, they were actually paying off the whole amount every month and not carrying a balance. With the exception of a mortgage, does anyone NEED to use credit at all? Maybe I should have changed...

So its a good idea for someone that makes 25k a year to have 20k, or more, in open credit? Those companies should burn for giving too much credit to people that should not have that much credit. I had my first credit card when I was 17. At the time I was still in school and didn't have a...

Thats a good post. I think it should not be a pleasant thing to declare bancruptcy. That would keep a lot of people from using it as a way to charge and then get out of that debt. I also think that many people are in dire straits like the article states. What about the credit card...

I had some good sushi and drinks at a little japanese place there. I forget the name, but there is an outdoor parking lot right next door. Shouldn't be too hard to find, outdoor parking is not too common down there. ps: one thing I have learned in my short years NEVER EAT FOOD AT A...

2000 pages? Whats that, 5 to 8 books? I read that many trading books in a good month. Keep reading, keep learning. Trade very small until you are consistently profitable. Why risk $1,000 on a trade when you can risk $10? Remember you are still in the learning stages and losing more...

That sounds right to me. I learned the hard way that canned software is bullshit, even if it is marketed as "80% accurate".