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If there is a Holy Grail for trading, everyone will be millionaire. Who is going to serve me dinner at a restaurant ? :p :cool: :D

Hi, When NASDAQ reached its all time high in March 2000, my friends were telling me that it would go up for another few years, because the baby-bloomers, retirees, fund managers, etc will continue to pump money into the stock market. When NASDAQ dropped from 5,100 to 4,200, people told me...

I called myself Fisherman. If there is a losing trade, I'll tell my friends that I lose my bait during fishing. If I earn $1,000, I'll tell them that I catch a 1,000-pound fish. :p :cool: :D

Hi, I think that it is easier to make money on a large account than a small one. Suppose there is a trading strategy with 60% chance of profitability. If it is executed only five times, the outcome may be a loss. However, if the same strategy is carried out five hundred times, winning...

Hi, The results of the poll are encouraging. I decide to start trading for a living this year. Hopefully, I can get good results too. :p :cool: :D

He is not a broker. He did not work at Enron either. He just knows some rich people.

Hi, It is called connection, connection, connection !! The head of the trading group knows a lot of hot shots at Wall Street. My friend started his own company about couple years ago. His former boss is now eanring a salary of $500,000 plus bonus. There is rumor that he still fails to...

Hi, It really depends on the contract. For example, one of my friends with an Ivy League degree worked in the proprietory trading group of an investment bank about four years ago. In his first year, he got about $200,000. Considering the fact that he has no real trading experience at that...

Hi def, You are exactly right. I have a degree from an Ivy League school. This is exactly what my friends and I have found out. However, I have to admit that there are a lot of dummies with degress from top school. I may be one of them. Doing well in exams is easy. Able to live a...

Hi, E*Trade option trading system was even worse. (Everyting in past tense because I closed my E*Trade account few months ago.) I could not enter a debit spread online. I could not entered it leg by leg online either. Their option trading system was incapable of matching the long leg...

Hi, I am an option trader. I usually execute 10 to 30 trades per month, no day trading. I am currently using OptionsXpress, and is very pleased with their services. However, I notice that Interactive Brokers(IB) has the lowest option commissions for online trading, provided smart routing...