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Supervolatility, From the tight stops and targets you're choosing you seem to fit the psychological profile of someone who frets once the trade is on. This is common, for traders to feel all tightened up watching price move tick by tick when money is on the line. For the sake of...

Mike Shedlock offers a very insightful perspective about inflation in this interview: http://www.doctorhousingbubble.com/ "Mish" as he's called is well-respected for his analysis of macroeconomic trends. RT

That's very helpful, thank you. RT

I'm not an economist, but I'm also starting to get really nervous about commercial bank solvency. I am looking for a safe place to simply hide the majority of my cash. BofA, Wamu, Wells Fargo, etc. etc. just make me nervous. I keep some in brokerage accounts, but I'm wondering if anyone has...

Same here. There is no trend follow through today, hard to hold on to winners. Isn't today OEX? RT

I do this completely discretionary, while I let some mechanical stuff run a little longer term. I'm newer to discretionary daytrading, and the sole reason I limit my daily goal is I find myself making more mistakes later on in the session when I start to lose focus and get mentally tired. I...

nice, keep up the good work. I do the same with the ES / ER2, although my goal is $500 / contract / day. That being said, if you look for the cleanest setups, are patient, and don't get greedy trying to take multiples of the day's range, you'll do well. RT

Hi all, Just wondering if any of you know: I have multiple IB accounts, and would like to be able to place the same order into every account by placing the order once. I use NinjaTrader right now as a frontend. I heard there is a "friends and family" account that IB offers, but I'm...

What the hell are you guys talking about? the market has gone up with a straight slope practically. You should be KILLING it, we don't get too many of these days. Scalps, intraday holds, whatever, money should be coming in. This week Monday was a day that is more difficult to trade, with SP's...

I think what is bad is that home prices have nowhere to go but down. "Bad" doesn't mean prices have hit rock bottom now, at the present. "Bad" means that the runup was created by a flood of credit that will never happen a) in our lifetime, and b) specifically to mortgages again. Anyone who...

Sure, this has been known to happen. You're friend is right, it's beyond disaster here. Carlsbad / Encinitas is a really nice suburban area, but a little different market than city of San Diego. I've seen a few properties move after a good haircut. There's one property I've been having a...

I'm not sure where you get the idea that incomes are rising, but that's definitely NOT the case in CA. Incomes across the board are stagnant, with many lucky enough to even keep their jobs. If the spillover from credit implosion gets worse, the situation might change for the worse. No one...

I think it depends on locale. A good way to narrow the scope is to focus on a state-by-state basis. I live in San Diego, and the pessimism here is unbridled. The low-end, mid-end, and high-end markets -- all HAVE taken nasty haircuts from the peak and continue to remain in the barbershop for...

Given the tiny, tiny number of people in California that would actually now qualify for jumbo loans, I doubt that any reasonable percentage of the treasury would be used to "subsidize the millionaires" in this regard. It's a drop in the bucket. You think everyone makes $125k+ / year, has...

The point of the article is that upping the GSE limit on conforming loans does nothing to stimulate housing demand (particularly in California). The only way to reinflate (and stop the present deflation of housing) is to bring back liar loans and toxic mortgages. Now that we are back to...

Not so fast. http://blogs.marketwatch.com/greenberg/ Reality Check on Raising Mortgage Caps Nobody in a high-housing price state will scoff at raising the cap on government-sponsored loans to $700,000 from $417,000, as is proposed in the economic-stimulus package. If nothing else, that...

hahahhaha nice one!

The financial and political elite's objective IS to homogenize the global masses into a singular underclass. They have engineered the credit bubble to organize the largest transfer of wealth in the history of man. The resulting destruction brings us one giant step closer to the realization of...

#include stdio.h> int main() { printf ("Smoke these suckers out, its a cowardly bunch out to get people's nest eggs, a serpent sneaking up.. \n"); return 0; }

All right, that's it. I'm completely convinced that this day7793 entity is actually computer software designed to post non-sequitors and irrational ramblings. The program randomly reaches for any line of ludicrous crap logic from a database riddled with lines containing broken grammar and...