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Human151, You haven't offended me at all. Actually, it is no pleasure at all trying to help someone who just isn’t getting it (and you are far from alone). I thought maybe shock and awe and the hard truth might get through to you. But as is the usual response from most newbies, the truth...

Hester, Take a step back, get some professional advice and enjoy college and being young with no responsibilities. Some facts. You have some property that was worth 650k that probably is not anymore. If you want to sell the home 1800 miles away, fine. But I would rent out the other houses...

Human151, My first piece of advice is go back to HS and learn at least basic spelling and grammar. Arguably, if you are too lazy to do the easy things well, you have no chance of competing with those who have more discipline, knowledge and skill in something as difficult as the discipline of...

Excellent points orange trad and cutten, Just because someone is at the top of the food chain (Paulson, etc.) doesn’t mean they know what they are talking about and should be trusted at face value with everything they say. I am sure most of us had worked in some companies prior to trading...

Speaking of holding people accountable, when are they going to investigate the gross incompetence we call our politicians in Washington? Heaven forbid even READ the legislation you “have to get passed” to avert disaster. I guess it is ok to go after everyone under the sun, except the most...

Saxon22, The best answer is there is no answer. Everyone is an island and how long it takes you is totally dependent on you, your psychological makeup, your own skills, your capitalization, whether you have a mentor and many other factors. Sugar coating it isn’t going to help you. It takes...

I have to agree with those who believe in personal responsibility like Cutten, Landis82, emrglobal and Mvic. In a bull market, all these people in trouble now will think they are geniuses. How many people do you know thought the same way during the tech bubble? Logic goes out the window. "Things...

I do recommend you quit if you don't get it. As stated, that is not a real broker for traders that I thought would be obvious. But I digress. Its your money. Do what you want. BM

All I can say is WOW. He is not trading, just talking about how great his broker is. He is at the range trying to show that he is successful and actually has some money to invest. You don't expect a brokerage ad in a trailer park do you (no offense to anyone in a trailer park)? Please tell us...

Jaytrade, I actually have the opposite reaction from family and friends. They want to talk about it and show me how smart they are with their investments (yeah). Truthfully, it is a rare bird that understands on any level exactly what it is we do. When meeting people at parties or social...

It is a complicated issue because no one can tell us what the tax structure will be in 20 years with any certainty. The first recommendation is to talk to a professional to find out what is best for your situation. But I personally believe Roth IRAs are better. Get them started before your...

It is absolutely worth it, IF you make it. But it is far from easy or a sure thing to have sustained success. No other profession teaches you more about yourself than trading (both the good and bad). Many fantasize about how great trading is only because they only see the romanticized...

http://www.cnbc.com/id/15840232?video=1096430497&play=1 Mr. Solin didn't impress me very much overall except for why a Roth IRA (which his answer was cut off) is better (IMHO) than a 401k exactly because we don't know what the tax situation will be in 20-30 years (when I am nearer retirement...

Andrasm, Wow, where to begin. I won’t even dignify the other ignorants with a response as they are already on ignore. You said “04-05-09 10:55 PM There is a "virus" spreading in the US and across the Atlantic, this is fuckism, stress related to uncertainty of the future and...

Sandybestdog, Respectfully, you sound like the “perfect victim.” You say, “I have no control over my life.” What you are really saying is you don’t want to take responsibility for what happens in it (like so many in this thread). You say you have a lot of experience but your posts...

Trader666, While many feel your pain, do yourself a favor and just let it go, as you cannot reason with those who are unreasonable. All you can do is laugh about it and move on. There is always a portion of society that thinks being dishonest is in their long-term best interest and completely...

Spanish89, You are a truly a disgrace to yourself as are those who believe and think their poor moral compass justifies your and their actions. All you think about is ME, ME, ME. You are barely worth even commenting about as someone like yourself is beyond help and will eventually get what is...

Heynow, The best advice for you is quit trading now before you lose it all. You are definitely in the wrong business. Mostly what you are saying is because you don’t have the discipline to cut your losses, all day traders are doomed to fail. Discipline and independent trading successfully...

Agreed. Excellent article Marketsurfer. Thanks for the link. BM

People never cease to amaze how ignorant they are. Granted, CC companies do everything in their power to make as much as possible and I certainly don’t agree with their methods. But the real issue is personal responsibility. No one forces you to smoke, drink, eat fast food or use a credit...