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I'm unfamiliar with the income levels in Toronto or Canada in general. I'm just speaking from my own experience living and having worked in the States. If the average folk there find that amount delusional, that's something I've learned today. Thanks.

Are $100K/yr jobs rare in your area? Perhaps living in metro areas most of my life skews my perception. My point was not that it is the income of the average person or even the median, but that it does not raise eyebrows.

The article itself is harmless--nothing about nasty short sellers, ruined lives, or some guy shooting up a place. Even the amount of money made by this new version is perfectly acceptable to the average folk--$100K, ordinary, almost like a job. Daytrading is no longer an object of scorn because...

And your point is...what? That Jack Hershey has detractors? That's not exactly breaking news. Most people on ET know your orientation towards trading, daytrading, etc. Outside of cyberspace, I do not know anyone who spends as much time as you do in a trading community who shares your...

When I get asked about trading, I don't hesitate to say Google "Jack Hershey" and to read his posts on ET going back to the beginning under his name and bubba7 and Grob109. I also pass along a couple of pdfs he wrote that puts things in a neat package as a good starter. Usually I also get asked...

Where are the nudies? I'm sure you have a big stash. This place needs an "adults only" section like the old video rental places used to have behind a dingy curtain.

:confused:

ain't that the truth good post

Hard stops or "market stops," whatever you want to call it, a stop is a stop. I'm saying I don't think to myself while putting on a trade, "OK, this is my stop loss price," whether I actually place the stop loss order or not. The fish on this site will jump to the conclusion that I must sit on...

You are pointing out the things that make trading so great vis a vis other ways to earn money. Perhaps you are not a dinosaur like I am, as you seem to take for granted that it wasn't this way as recently as 10 years ago and perhaps may not be this way in the future. There are always...

Is there a link to the video?

Daytrading index futures (ES), I don't trade with stops except occasionally for entries. Stop losses, very rarely; only when I have to step away from the computer while in a trade. I know what all the books and educators say, so let the flaming begin.

[1] lack of capital is overblown. A person starting out with a big account usually just means he will lose more money than someone who starts with a small one. Both lack knowledge, skill, and experience to extract successfully. [2] latency is not an issue nowadays. The exception for me is...

whichever has the hotter chicks

Lock limit days, 5% moves of the indicies...these are market operating points when money is sitting there in piles to be picked up. Even 2% days present excellent opportunities for low risk/high profit extraction. If these are periods that cause fear of large losses or blown accounts, you have...

No intent to condescend. We had an exchange on the Science thread that perhaps colors your view of what I posted. It is obvious that you are a space buff, like I am. In my mind you are my peer like others here with similar interests. Peace to you. Enjoy your Saturday.

This might be too much for you to handle but I'll put it out there anyway. Most of what you believe you've never investigated for yourself. You've just been told to believe and you've complied. If you did investigate, what you find might disturb you to the extent you reject what appears in...

I know you're just throwing these numbers out there but the gulf between trading $1M and $5M is substantial. If you know you will grow $130K to $5M, there's no point bothering with cretins on a message board looking for someone to share with you a profitable system. Just trade what you got. How...

coprolite: fossilized animal dung Are you suggesting we're bottom-feeders? :p