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Trading futures with 2500 is not stupid. you just have to pick your spots and not day trade as if you had a 50k account. Ask youngtrader kid started with 3k now pushing 6 figures. honestly i think you should go the futs route only because 2500 with stocks is going to be hard to produce gains...

when i watch fast money all i want to see is the insight of joe and pete but all i get is non trader dylan cutting everyone off and saying a whole lot of nothing. can we get a real trading show cnbc?

I think obama gets a good deal. markets are coming in cheap. if markets move up anytime in the next 4 years he can show how he helped the equity markets. hey this market just finally priced in how bad bushs administation was.

when the talking heads where bullish guess where the market went...Down..Now they are bearish so im guessing thats the sign the market starts to head up. Once 9K broke everyone ran for the doors. smart money buys here.

Finally this is capitulation people buyyy. Have a week out look. nobody catches the exact bottom to the penny but this is a short term buyyyyy

we have seen the capitulation below 9K now i believe we get a nice multi day rally under the circumstance GE doesnt screw it up. Im long because its way to risky to even consider being short over the weekend.

whoa nikkei down gapped down 700 pts dangerous market that scared me. Down 1000pts from the high what a huge one day drop. man imagine the carnage over there..

Give it time its going to come in nice. High p/e's will not be held in this market. Stock with premium + high p/e = short. I posted a few days ago a trade on Ener i mentioned it had a high p/e and bam 2 days later 20 pt winner.

20 pts!!! take profits

12pts to bad know body listened

Well everyone thought financials had seen their lows in june so who knows. Best thing is to (a) wait for a pop to short. So figure a decent pop is anywhere from 15-20% . Or (b) short it now but only 1/3 position. Market is crazy right now be careful . I believe this market is going lower but...

i think buying last hour of trading. opinions?

possible short here. PE 742. i dont believe that can hold in this market. down trending heading towards 200 day line. I think a short at the 60-62 level has a risk of possibly 4 pts and reward of possibly 10 pts or more if 200 line doesnt hold which i dont believe will.

well this sucks. . . i wonder how many jobs america just loss?

Walter..I blew my account also. I have been on the sim and my advice to you is take a few days off. Get on a sim and play the fib levels. If you have access to charts look how the market played every level intra day. Honestly getting on a sim has really helped me figure out my strategy for how...

I saw the interview. I agree with the reporters what good is a rating agency if they cant predict the company is in troble till it loses 90 % of its value. I mean come on. They should have been able to forcast a lot beter than they did.

I appreciate the responses. I did make errors while trading having the luxury of hindsight its easy to say i could have done this and that. However i feel these are mistakes that i wont repeat. unfortunatly for me i lost my account learning to trade. Not every trader is immune from lost...

Thanks for the responses. How did i get 10k? it was a combination of having a job and selling a mutual fund. i love trading to the point where 80% of my pay goes into the market and 20% for personal expeditures. i have the luxury to have zero expenses. i love to trade to the point where even...

Well this is my first thread on ET. Unfortunatley its under bad circumstances. Im a 19 year old trader who lost his first account today. Im considering a blown account as it now sits under 1,000. I feel as though i learned a lot this year even though i lost my account roughly a little over...

Am i missing something? wm moved higher on bad news?