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ok god #9, tell us how far it is going up ? better still, at what point going down will you admit you were wrong ?

I think stops always work as long as you realize what they are supposed to do. stops are not for maximizing profits in the short term.

I think you got it thug.

"so many suckers, so little time." it takes lots of suckers to make a suckers rally.

QLGC is starting to look like a possible short again to me.

http://news.moneycentral.msn.com/breaking/breakingnewsarticle.asp?feed=OBR&Date=20020729&ID=1817633

actually I meant not putting up money and getting a portion of the profits.

if you are getting 100% payout, then you are definitely trading with your own money at risk, they would go out of business if they operated that way. They are not going to give you their money to trade and then give you ALL the profits. The fees they generate would not make up for the losses and...

Back to the subject of the markets ........ Does anybody else think this upswing is about over ?

yeah, I guess you are right. Does the new test cover ecn's ?

I think that my series 7 has expired. Does anybody know what the renewal process is ?

its been a few months, any more feedback on TCNet ? does it offer tick charts ?

$100,000/yr as a full time trader may not seem much when the group you are comparing against is only the winners. Throw in all the losing traders and $100k/yr starts to look like incredible success. Making $100k/yr with conservative risk management so that it can be repeated year after year...

It is very tough to see that, I have the same experience myself. The problem is that we all know that we are just as capable of those bad things as the next guy, so it is hard to really come down on somebody for acting human. The whole rationalization and denial thing is the one common...

I have been learning more about elliot wave and fibonacci lately, and the one thing that I do see a lot of are the "abc down" patterns. A stock makes a large drop, then a shorter up move, then another large down move that is in proportion to the first down move. elliot wave and fibonacci are the...

I used to completely believe that analysts got paid to give good advice. I used to believe that quarterly earnings reports were an honest reporting of how a company was doing.

risking 2% seems about right for derivatives in general.

thanks.

with 400 pt daily ranges 8500 could get definitely get hit next week, but at that point I think the shorts will start hammering away.

thanks for that. So are you still there ? Have any insight into why the winners made it?