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Pit traders use TA + execution edge where execution edge = ridiculously cheap commissions + light speed executions That's why when pit traders lost their execution edge, they lost their game

Though there is a long-standing assertion that you cannot make money in the long term solely by using technical analysis

For all intensive purposes, a stock dividend is the same as a stock split (though the underlying accounting is different)

Chief of Toyota is smart, he realizes free trade can easily be reversed In the end, nationalism will always win out: it's always the us VS them mentality

BrandonF, you must consider the thought-process of your would-be clients When I go to buy a used car I assume the car is a lemon unless something 'signals' otherwise (i.e. warranty is provided, repeat customers from this dealer) Am I correct in assuming: 'without further information, this...

Exactly. In Asia they use numbers for their ticker symbols instead of letters. So 120 stocks is feasible. For example: A1, A2, A3, B1, B2, B3...etc

This is why the ethics section of the CFA is a joke

I hope capitalism wins the battle against nationalism But history tells us otherwise...in the end people prefer flags over paper

IQ tests are full of bogus questions Here is an 'easy' question that pops up on IQ tests: Determine the next number in this sequence 1, 4, 9, 16, 25, ___ Obviously the pattern is n-squared 1^2 = 1 2^2 = 4 3^2 = 9 etc... so the missing number is 6^2 = 36... right...

Nice trade That's a sign of a committed trader, letting nothing, not even sickness, get in the way of trading Are you superstitious? Hope not because eating olive garden every day would wear you down, haha

When you aren't excited to wake up in the morning

Agreed. The masses are so focused on the tax deductibility of interest they overlook the additional costs of owning a home: especially property taxes! And I love the mobility renting gives you.

Trading has virtually no barriers to entry (just $500 to open a Forex account haha) It's like going to a state school: you will still have that 0.5% who are star performers but the rest are going nowhere So yes, trading does have more losers than other fields

Blowing up *can* be educational

All girls like green but all money is not created equal: $100k/yr as a small business owner is different from $100k/yr at a hot tech company like Google or top-tier I-bank (GS, JPM)

Equity curve since inception (log style) will get you major respect

That's Fox News for you... Do the words 'exchange rate overshooting' mean anything to you? now substitute 'interest' for 'exchange'

Is anyone long ArcaEx as an investment? Cramer was highly touting it

How is your preparation coming? What study materials are you using? For level I, I used Junwei notes For level II this year, I am using Shulman notes (2003 edition) Did anyone actually shell out the cash for the textbooks? Are they helpful? I am about 50% through the material Oh...

Trendlines work if you are prepared to use a wide stop