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http://finance.yahoo.com/news/mark-zuckerberg-isnt-ceo-enough-facebooks-ipo-133138339.html Today investors do not ask what it is, but what it looks like. That is what matters to them. They criticize him for how he dresses yet they all want a piece of the pie. Steve Jobs used to wear...

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It's funny you mention it. ET hates threads like mine because the sponsors hate it. They closed it once already for NO REASONS and I better keep a low volume or they will close it again. It's just business and daytraders make the lion share. Imagine if you are a long term trand follower for...

Now you are talking ! So they want to turn a small/er account into a big one and on top of that they want to predict the next market move up or down, not to mention that the ego always stands in the way. In other words their need to be "right" is often bigger then their need to make money...

We can all pick the top or bottom once in a while, but making a living doing that is a pipedream. I just quoted part of your post because it is the essence of what day traders TRY to do. Who can do that consistently ?

Believe it or not some people change or tweak their system all the times. That does not mean that you don't want to be a systematic trader. A trading strategy based on judgment will never outperform a mechanical approach over the long term because emotions will get you at critical market...

VERY SMART CHOICE ! Unfortunately many daytraders have a very distorted perception of reality. They know they can make a few hundreds in a few minutes, why bother looking for a real job ? You are a very strong person if you were able to stop. Don't get me wrong I am all for trading...

How would you define traders that have been trading for 10, 15, 20+ years and make a living by trading, is it luck ? Like most daytraders it is not surprising that the word consistency is not part of your vocabulary. You know the numbers, over 90% of daytrades lose. If consistency is not part...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=194342&highlight=pipedream

Neke has big balls to post his journal. He might consider trading a much smaller sizes and start selling options instead of buying them. Has anyone here ever met a trader who made money consistently by buying options ? If he wants to buy them he should do it systematically. Every month...

I too combine trend following with options. It is one of the strategies I use and have been doing it for 5 years. When it goes well I can make up to 10%/15% a year in my account. If you want to "double your money" good luck with buying options, daytrading or whatever you will do. Please remember...

It is interesting to observe how many different opinions are out there. As many as the people who trade and I guess that's what makes a market. Personally if the new method has the same risk level that my method has and it makes more money I would certainly dump my method for any type of box...

You should read this thread or maybe your "dad" should. Unless you have a systematic approach you will never make it. Daytrading is a pipedream. http://www.elitetrader.com/vb/showthread.php?s=&threadid=194342&perpage=6&pagenumber=1

" ... There is no room for error. Personally I think there should be a law that requires every potential groom to take a week long vacation to Rio de Janeiro before he proposes. If he returns and can honestly say he only wants one girl for the rest of his life, he is either in love, impotent or...

BigCandle, prostitution should be legal for anyone who is free and willing to do it. With the excuse of morality, the bible and the greater good religion raped, stole land, money, enslaved and killed entire populations. Some men want to buy sex and some women want to sell their body to...

Was up 15%, but gave back all gains and now I am flat. I hope that this time the lesson (don't fight the market) was learned. In this biz flat is OK because you can keep trading. Good Luck to all.

What are you waiting for ? :-)

No "Wall Steet" glamour and bs. Finally a good movie that is also realistic ! Good acting overall, in my opinion one of the best movie on the financial industry yet a movie that can be watched by everyone.

Used to be an option buyer now I am an option seller, here is how I am doing it, and I am not smart so anyone can do it as long as 1-2-3 are covered. 1) You must have a capitali$ed account: If after trading one entire year you do not make any money it's OK :-) 2) You must have a...

It sucks, their service is horrible.