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The crystal ball, my friend. The best trading tool ever !

I beg to differ. I try to optimize my return on trading capital by keeping my money in my most successful systems. Unless I expect a better return with another strategy, I keep compounding my profits. In a way moving money from a very successful system to a lower return one, is like taking...

Just read some of Roubini's articles. For those who have not read them, I can summarize them by using one of Rubini's tittles: "Beware of spin doctors". That's pretty much what I think of his articles. They are articulated, as are the ones from the perma-bulls. He is right ? We will know...

Sucre, it is an important point. Could you elaborate about the offense. Are you talking money management, position sizing, leverage ? Also what do you define mediocre ? Thanks.

Refreshing thread, so far. No name calling, no dogmatic statements. I am learning from other's learning. Love it. Thanks all.

I learned that I should use my "intellect" mainly for systems development and just trade them, as designed. Most of the time, when I second-guess them, I underperform. I also learned that there is value in ET, when one knows how to use it. Some good information, some good entertainment. I...

I must be !:D

If this market is schizophrenic, then "Long live schizophrenia." My best year, so far.

Agree here Hels. I do the opposite of Eqttrader. I go long individuals stocks and short some ETFs to hedge my long when the markets reach certain points of low return. Not there yet, so I am 100% long right now. No hedge.

I am with you. It is amazing how people get excited as soon as there is a minor correction. The S&P closing at 1407 near new highs, the VIX extended (way above 10 days moving average), the end of the year bullish bias, so far pleads for some upside potential. For some reason, a lot of people...

Don't get mad, man. It is a show to entertain ! It is a script. It somewhat reminds me of ET with some "strange" claims: Multi-billions hedge fund managers, making 1000% profit a year, etc.. Sounds familiar ?

Manipulation is a large part of human nature, especially when money is involved. So, rather than complaining about it, take advantage of it.

Today should be a quiet day, waiting for employment number tomorrow. I really do not know what to expect as far as the market's reaction to that number. Well I am going to do my routine, in those cases, ie. long some individual stocks, short some ETFs, like SMH. I will be net long the market...

:D

OK She is a rich imbecile. Happy ?

Somebody making so much money from nothing is not an imbecile. The imbeciles are those who blindly follow her advice.

Reminds me of the joke about a broker calling a client: "I have a bad news and a good news. The bad news is that you are broke. The good news is that it was on low volume !:D

Ah the "smart" money ! Always right !

Once again, not necessarily true. Successful trading is not about "making out with a profit." It is about maximizing your trading capital. Leaving a huge profit on the table is worse than having a small loss, becaue overtime, those big profits are going to be the ones making you successful or...

Meanwhile, the shorts get squeezed, once more.