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Serenity, your a sim trader, right? You do not trade real money, right? You have never traded real money, right? LOL.

A market that falls below its 200-week (3.8-year) average usually heads straight for its 200-month (16-year) average. The 200-month averages for the big indexes now are 981 for the S&P 500 Index, 1,771 for the Nasdaq and 8,360 for the Dow industrials. The average bear market of the past...

SerenityScience, So how goes the trading?? Trading live yet??LOL. You must have a 1year anniversary of sim trading coming up.

Without Speculators there would be no market. Have you heard of a thing called liquidity?? There may have to be more regulation, but without speculators there would be rampant corruption. The big banks and financial firms would control everything. If this market is being artificially pumped...

Are you trading live yet? It's been two months since this original post. 6 months or more of auditioning. So how goes it?

The stocks peak was 171, I believe. 52 wk high is 160. Your looking at over $1 Billion+ down the toilet. This while he played bridge and golf and got high.

"Gasparino has the real pulse and real sources on the street." Huh? He has been pumping up BSC for a long time on complete bullshit rumors. I have heard him on just about every CNBC show talking about the firm being taken over and now its hanging by a thread from bankruptcy. "... the pulse on...

He must not have much faith in this deal going higher or if at all.

The real Federal Reserve.... http://www.youtube.com/watch?v=_dmPchuXIXQ

From the WSJ on JPMorgan and Bear Stearns: J.P. Morgan Rescues Bear Stearns Meanwhile, worries are deepening that other securities firms and commercial banks might be on shaky ground. Lehman Brothers Holdings Inc. Chief Executive Richard Fuld, concerned about the markets and possible...

From the WSJ on JPMorgan and Bear Stearns: J.P. Morgan Rescues Bear Stearns Meanwhile, worries are deepening that other securities firms and commercial banks might be on shaky ground. Lehman Brothers Holdings Inc. Chief Executive Richard Fuld, concerned about the markets and possible...

Put option open int tells otherwise. Looks a lot like BSC before it got rocked.

To answer your question about the simulator, its very arbitrary. If you come from a successful and profitable trading background you might go live fairly quickly. If you are green and do not have a recent track record you will be stimulating for a long time. With no pay. There is no hard fast...

Serenity Now, I truly wanted to drop this but you have totally crossed the line with your bullshit babbling. I have tried to end this topic but you keep stating I am a liar so I feel compelled to defend myself. You didn't answer my question about being a live trader or a sim trader. I am...

Serenity NOW! I went for a long walk and looked deep inside myself. I feel EXACTLY as I did before. Anymore suggestions? Wow, you have really taken my post as some personal attack. Let me clear some things up. I am not frustrated or angry. Not in the least bit. There are so many...

First let me say that I apologize to any existing traders at GHCO that I may have offended. That was not my intent. My intent was to give one persons opinion on what goes on when you are "auditioning" to become a trader at GHCO. It's not sour grapes on my part and certainly there is no blame...

Firm has you come in for a hack self-help Tony Robbins "Boot Camp". This lasts one week. It is taught by an ex-bond floor broker who passes himself off as a trader. Oh, and he's also the baddest man on the planet, just ask him. Absolute joke in every sense of the word. Between his worthless name...

"The thing to determine is the speculative line of least resistance at the moment of trading; and what he should wait for is the moment when that line defines itself, because that is his signal to get busy." "...open mind and reasonably clear sight, for it is never wise for a speculator to...