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i think u may be limiting yourself to technical analysis approach via price and chart. actually, there is trend seeking that is based on speculation of fundamentals (ie global oil demand). here, price is confirmation of speculation.. and not the determining factor to establishing a position...

they were not good at identifying trend. simple as that.

Yeah, traders are not normal people. I mean, what normal person can do this day in and day out.

Most firms who advertise here will hire you with a $10k check. There is almost no barrier to entry.

right out of college, i put together savings and traded a retail account, made some money and then lost it all. few years later, i did it again and lost it all again. then, i joined a prop firm, and learned how to trade. actually, what i learned was how not to lose too big and too often...

in western culture, the undying quest to make things better often ends up resulting in the opposite. this is contra to the taoist eastern philosophy.

obviously there is event driven risk that could spike, but assuming all things relatively unchanged, oil could retest sub-70. the run up on speculation already happened. currently, the system cannot handle $3.00 gasoline and $70 crude is subject to public and media outcry. alot of bulls here...

Americans stomach a 30% rise in fuel costs and rampant volatility over several months. It can cost $60 to fill a tank of gas a week. Forget unleaded futures. 1 share of USO, which tracks the price of West Texas Crude is priced at $69.62. No, u don't need deep pockets to hedge and yes...

Everyone has the ability to buy unleaded futures.

maybe it's cos they have a job?

smart people make money in the markets. people who score high on math tests also excel in many other things such as chess, poker, blackjack, video games, and even music composition. great traders are keen on pattern recognition and can fire off thousands of correlations in their brain at...

People refuse to build new refiners because commodities like oil and gasoline are deep cyclicals. Gasoline prices could get chopped in half in a heartbeat once global recession rears it's head. Energy companies comprise 20% of the S&P500. Coupled with recession, all the major indexes would...

True prop trading firms typically do not accept capital deposits from traders.

What's worse, chinese piracy or the 30 million american kids who walk around with ipods filled with pirated music. Maybe it's innate quality in humans to pirate software, and intellectual property. It seems that it is a cross-cultural trait.

http://www.bloggers.it/ispirati/index.cfm?blogaction=permalink&id=C990D69C-C7A2-B6B5-F7BC6198EAEDA862&file=blog_6_2005.xml try visiting there. you'll know.

Well, he lives in a society which scorns wealth (which he has alot of). Looks like he's got a great P.R. dept to cover his ass. Btw, Sweden's a country full of "frugal" communists and socialists with the highest taxes in the world. The Social democratic government's economic policy rules...

Scientists have asked restless natives in New Guinea if they'd prefer to retain the sanctity of their customs and lifestyle as passed on by their ancestors, to which they replied, "Hell no man, sucks to have to chuck spears everyday and pick berries and wear this huge bone in my nostril."

Are you planning to run your hardware off a wireless network? I think it really depends on the carrier. For some reason, my cingular phone works well in north jersey while my sprint phone often cuts off.

ridgewood's an older town, but most homes are all wired for cable, electricity and has running water.

??? is fundamental research suddenly disallowed in trend following? since when is trend following soley based on techinical analysis and price. that is like coming to a gunfight with a knife. also, randomly buying something up 2 or more periods is NOT trend following. it's called chasing...