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1. stop drinking caffine 2. exercise regularly to blow off steam 3. keep a daily journal to log your trades and emotions

Dec silver trading at $9.60, down 20%. Great risk/reward at these prices imo.

Should we attribute today's big drop to your short selling? On a serious note, have you ever watched the show Intervention on A&E? They show some really intense addicts and their struggle to get sober.

If you're long ES at 920, you better be prepared to hold through 850, cause the ES is going to hit limit down at least once this overnight session. Not saying we won't bounce, but you're a bit early.

Even the most successful traders have had disaster days. Its so easy to get into the vicious cycle of taking a loss, getting frustrated, making revenge trades, taking even more losses, etc. The key will be what you learn from this and how you adjust your trading going forward.

I remember trading this name when it was at $75 just three months ago. I had seriously thought about plunging big into this name when it dropped into the 30s as I felt it was one of the best names in the energy sector. Glad I stayed away. Still, this would be one of the first stocks I buy...

Gold has now made a new all time high in all major currencies except for the dollar and the yen. http://www.galmarley.com/framesets/fs_currency_charts.htm The huge rally in the dollar has temporarily masked the strength of gold, but I doubt that will be sustainable. I wish gold would...

I just hope individual traders will have a chance to trade CDS now. Such huge opportunities.

Sounds like praetorian is still hanging in there. His fund might be down 30%+ but he's not leveraged and as long as his investors' money is locked up, he hopefully will be able to ride this out. Too bad he stopped posting here on ET, as he is an incredible trader.

Withdrawing cash is pointless. Worst case scenario, the fed will just print enough money for everybody. There will always be paper money available. the real question is, how much will that money be worth. If you are really worried about the financial system, you need to buy gold.

My data froze for a couple minutes at 11:50am est. Anybody else? Today would not be a good day for data issues.

wow, thats horrible that you get no warning at all and they just send in a market buy oder. Would really like an IB rep to respond here.

which futures brokers allow you to take actual delivery of gold futures? Has anyone actually done so and do you know what the costs are?

do you know why they suspended links to IB?

Its almost certainly just a delay on ib's part. Have you called up IB to ask about the busts? DON'T close out that position.

Short term the dollar rallies. In times of crisis its still considered the safe haven. Long run, the fed will have assumed trillions of new obligations and the world will slowly start to drop the dollar as the reserve currency of choice. Avoid the euro/pound as europe's economy isn't in much...

Got REAL lucky on this trade. Bought 8200 at 375, which I foolishly sold at 399.95 to lock in profits. Instantly though I realize there was a chance of the buy getting busted but not the sell. Super worried as stock trades up to 409, decided to take my losses and rebuy the 8200 at 405. Then...

tulving.com is by far the fastest and most reliable site on the web. Unlike other brokers, they keep an updated inventory list. Only issue is they have a 20 ounce minimum for gold orders.

If marketsurfer had a legit fundamental or technical reason to be short gold, I'd be much more impressed. But he has yet to post a single technical chart and his sole argument seems to be that he doesn't consider gold to be an alternative to fiat currency. I politely disagree. If gold...

A complete and total LIE. Paulson claims to have working for months. Yet the weekend before, he casually allowed lehman to go bankrupt and left aig hanging. And that was the catalyst that led to the near-crash.