Look at a chart covering 1995 to 2000 or 2003 to 2007 or go back further if you want. Bull markets are nothing new or unprecedented.
Stocks are not a derivative, there does not have to be a losing short on the other side.
"does it actually exist in the first place if it isn't turned liquid? how about those who are SHORT when a stock collapses?? just some thoughts, thanks, surf"
Here is the thing surf. All those merrill lynch customers and everyone else marks the value of their portfolio and thus wealth to...
"I don't believe this is true. wealth only changes hands."
Not exactly. The value of stock is the price paid by the marginal buyer. for example a large order of dollar value X can change the market value of a company by 10X or whatever and all the holders feel richer.
However that new...
Pension funds are easy pickings for wall street shysters like these private equity thieves who specialize in sucking liquidity out of companies to pay their huge bonuses and dividends. Once the carcass is bled dry the ticking time bomb of excessive debt is left to go off in John Q's hands...
U can do some basic backtesting by hand. for a discretionary trader the value of backtesting is largely in validating your trading concepts. you do not have to become mechanical. One can actually do some decent backtesting of daytrading ideas with daily bars. for example, daily bias, tests...
The media is not telling the full truth about the madoff affair. How many of you have heard of Jeffry Picower??
I of course have my theory about what the maddoff con job was really all about. however, look into the Picower connection yourself and draw your own conclusions.
How many...
IF the idiots at GM had made this into a hybrid when it became clear that was more feasible (like the Japanese figured out) Perhaps this would be a competitor to the Prius right now. Nope, instead they blow billions on an impractical technology that consumers would never except then abandon...
this is bogus. perhaps 45% of the worlds bubble, paper wealth has been destroyed. When a bubble blows up the realization is NOT that all that wealth was destroyed, but rather that it never existed to begin with.
For example I put in a 20k share order in a thin 10 dollar stock that bids...
"BTW: Legally, you can't accept performance fees from non-accredited investors but since you are not going to be registered with the NFA you can fly under than radar.
This is not accurate. CTA's can and do charge performance fees to non-accredited investors.
Perhaps you are thinking of...
I believe he is one of those guys who does seminars where white haired Geezers show up to learn how to blow their social security, pension checks, and children's inheritance in the stock market instead of slot machines.
The govt issues bonds then buys the bonds from itself with currency that it creates.
...So they do buy things with "printed money" but they create this intermediate step that confuses people.
Hate to say it but trading is competitive.
If u have something that is working KEEP IT TO YOURSELF is the best policy.
U don't think it matters but when u start noticing more stop outs, false breakouts, etc, it is because to many "gamers" are trying to ride the same wave.
Don't be a dummy.
I think this is exactly why if you are an experienced trader and want to teach, you should be doing it on your own site, rather than here or any other public forum.
On your own site you will be able to create an environment that is conducive to teaching and sharing what you have to offer...
Wish you the best Redneck but trading is no "job" in my opinion. You do not get paid for time you earn a profit or loss. It is entrepreneurial not a "job".
Once you are decently capitalized THEN u can pull profits out and diversify the surplus. You still want to be spending only a small portion of your earnings. The best thing though if you are good is to develop into at least somewhat of businessman and earn some fee income. At least from a...
Many here fail because they have the wrong goals. If you want to "make a living" or make 50K to spend each year GET A JOB.
Successful trading is for people with much bigger goals. It is easier to get rich trading than to grind out a living. Totally different mentality and sets you up for...
if you just started had a big drawdown and are back to 1k over the 10k you started with, there is no evidence at all you have an edge so any withdraw is basically a withdraw of principal.
10k is way to small an account to consider withdrawing funds from regularly to cover expenses. Serious...
Ridicule and caricature are the best tools the prestigious establishment members have against upstarts or alternatives. Krugman and his ilk will never seriously review any alternative framework that threatens the established order and his professional standing. It is that simple.