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Of course you are right....I agree that mathematically it can be proven to be 50/50. Pretty basic stuff. My point was simply that trends do exist. Not necessarily with any rational explanation. Why are some poker players unbeatable? What makes a superior baseball manager defy the odds at just...

Commisso, you are perhaps the person here whose posts I most admire. Your thoughts and how you express them have impressed me consistently. Remember yesterday I said I wanted my wife to read one of your posts? (and she couldn't be less interested in the subjects we discuss overall). BUT...I...

I appreciate your response. I understand how you feel about what you say. Please try and understand that the purpose of my post was not to diminish the importance of strategy, systems, risk management, or even luck. I essentially agree with what you say. My intent was only to add another...

Without getting into specifics right here, and some of your points are interesting for me to think about in retrospect, I have to say that the main difference was simply my mentality of accountability. I always have traded short term. I did not always trade the same instruments, but this was...

I had a friend that wanted to trade. I tried to talk him out of it. I knew he was both too impulsive and too compulsive. He chased every stock he saw uptick. He watched so many stocks on his screen he had to make his font smaller to fit them in. I told him he was an over-trader. His argument...

Chas...why do you think that? We don't commit fraud, cook books, evade taxes. None of us that I ever knew of even used Arthur Anderson. We can't make a $60 stock go to 6 cents. I think the problem with the perception of us by the public is that we somehow take advantage of them...we have the...

You are very welcome...and if it would make you feel better, you can send me money. Better yet, send it to your favorite charity on behalf of "All Daytraders". Maybe that will help our image. We could use a little of that!

Truth is, I am just some idiot:) Just ask my son. But thanks. Good Trading!

You are talking about option-vue? If so, wow...they are in a different business altogether than when I use it 10 years ago. At that time, I just got the software from them, and integrated it with my own data feed....which I paid for anyway. And the database just stored and updated itself at...

Yes, sorry, I did not clarify this. I probably wrongly assumed (since it is safe to assume all assumptions are wrong):) that you (babak, not Gat) were using today's prices. At the money or close to the money is going to move faster than out of the money, and the further out of the money, then...

Let me offer a little advice...and not to put you down for celebrating....BUT...the truth is, you have to curb your enthusiasm as well as take your losers like a man (or woman). A professional never gets too high or too low. And NEVER gloats or bitches to other traders. Just my feeling about...

First off, McMillan is not anyone that I (or practically anyone) am qualified to disagree with. However, your contention here, is the purpose of a program like option-vue which is talked about in a different (but very recent) thread here.....i know 'cause i just answered someones question about...

I agree totally. I know that what works for some people doesn't for others. Why? I have no idea. I wish I had a system that worked all the time for all the people. Or just for me. But I don't. What I tried to get across is the mindset. That, I believe, does work all the time for anyone that can...

Thanks Chas....and where have you been hiding? Still sneaking around taking pictures of me and mine to post here?:) :) :) You see the pic of my office in the "big money traders" thread? Did you supply it?

Had an old DOS version.....think about 1990 or '91. I thought it did exactly what it was supposed to do. I am sure the newer versions are better. I used it (the old version) after having used what Reuters called their Schwartzatron (not sure of the spelling). The Reuters product was for...

Man, I really hope it works for you!!! Good luck!

I hope you are not being facetious...really, try it. It's the only thing that worked for me trading on my own. And thanks for saying so if you are not being facetious:)

With due respect to Lenny Bruce.....you omit the "Non scheduled theologies" Hey, they make the most money! Very low overhead!

It's really starting to kill me how people are getting my personal photos...Chasinfla has posted a pic of me with my new glasses, and naked pictures of my wife sunbathing. Now you have gotten hold of my "thought throne" from which I trade:p

Darkhorse, You are a devious and ingenious man of wit, reason, humor and knowledge. I am one of your great admirers..... HOWEVER....Being the great humanitarian that I am, I have defied your skepticism, and written what I sincerely hope can help at least SOMEBODY here. Just a tiny little bit...