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Agree - To those that have missed the point - i will give you some homework to help you understand the original poster's comment. Re-read and Reminiscences of a Stock Operator. If you still dont get it after that then we cannot have a meaningful discussion.

whats an EOD trader? what does he do?system?

Is the early bird that catches the worm - enjoy:D

I guess you didn't get the joke? ooops - :p

You are undercapitalized, dont dig the hole any deeper. Forget this making a living day trading sexy stuff. The trading business is already difficult why handicap yourself with undercapitalization. Go back to your cushy job, or find one that allows access to your brokers, then day trade with no...

Position size should be based on your skills, experience and risk tolerance - this risk 1% or some gibberish position sizing program will get you nowehere and fast

Gold Rocket to $1000 - move started jump on board & load up truck loads Platinum leads - enjoy this is gonna be one slizzler

Sugar is even sweeter - though some fundamentalists say its sour, well to heck with em.

If this is not an aberration - give up trading and go work for Mac, you should do better there:p

why highest ?

Its gangster central banking - Bernie is the godfather with his thugs all over europe :p

These are idiotic actions by the central bankers - they cannot save the situation permanent - the ship will sink with them aboard. go all out short

This statement is full of bigotry, ignorance, racism, hatred and emotional inadequacies. Need we say more about the individual's trading or life ?

Some folks on this thread have obviously been proved by Mr. Market that act randomly by placing random bets hoping to make money with their random approach. As a result they make random losses and random profits but in the end accumulates to random losses with no hope of a random profit

The point is NR were bailed out without anyone really knowing the full extent of their exposure? so what ever collateral they put up could have been non-existant

I would be interested to from legal minds - here the Bank of England bailed out a private company (Northen Quick Sand) to the tune of £25 billion due to the firm's idiocy, what chances do I have to make a constitutional case to demand that B of E also bails my firm to the tune of a measly £50...

A lot of the comments in here are some of the main reasons why the majority of day-traders never succeed. analyze them objectively and carefully and hopefully you will see why. Enjoy:mad:

Golftrader - This is the most idiotic post by your goodself. Its like meeting a stranger on the street who screams "help me i i used to sink all my basketball shots and outplay Michael Jordan for 15years in a row and now I cant even bounce a ball."

Newbies - why stop trading for the day??? How do you or anybody for that matter know that the next trade you miss will be the winner that pays off the losers, eeeh assuming ofcourse you have the ability to hold out the winner, chances are you will sell out with a small guaranteed profit...