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Does your system predict whether or not you'll make history? Really if you have say 100k and your system makes 10%/month (which should be easy since it predicts everything) you'll have 30 Mil in 5 years, 10 Billion in 10 years. The people you're looking for will beating down your door by then.

If it's such a breakthrough why are you hawking it on a random trading site like all the other snake oil salesman? If you had something of value there would be hedgefunds and ibanks lining up to pay top dollar. This is probably some sort of identity scam (unless it's the typical crappy...

Trading mentors are much like Trading Systems. The only ones for sale aren't worth buying.

He's right though. There must be some placebo effect because eveyone at ET keeps doing it ("I have a $2k machine so I must be a good trader.") RAID 0 is idiotic on your primary machine for reasons everyone already pointed out. The 5 second lag was almost certainly because he had his power...

If all was well with the market there's no way BSC would have sold out for $2. Money wise it's a transaction between two parties without a big effect on anyone else, but information wise, everyone just learned something bad they didn't know a day ago.

What else have you sold naked puts on?

The market certainly hasn't gone up from the open on these gap 1% days of late. (I have a sneaking suspicion it's actually on average finished negative on such days YTD, but I'm too lazy to add it up.) That being said gap up 1% days have been so miserably lately that it might just work tomorrow.

It's easy to find strategies that make 50% over 7 years. It's much harder to have any faith they'll continue to behave like that. Questions you should ask yourself: 1) Does your strategy work on other stocks? 2) Does your strategy produce the same results in each of the 7 years or does...

Agree 100%. The Republicans should be renamed the Corporate Socialists.

Unless Larry's talking about some aspect of Cocaine, I wouldn't bother listening to what he has to say.

There's quite a bit of crying on CNBC (not that there are any traders there - just a bunch of OPM managing whiners.)

If you bail out idiots who take too much risk they'll just take extra risk next time around. If Greenspan had a spine he's have solved the liquidity issues caused by LTCM but fucked all the investors. Instead he bailed them out. They consequently took more risk in the dot com bubble and...

I think this is ok. You're returns are not a normal distribution. You probably have one trade that has a 250% return and a handful with returns that are very close to 0. The average is about 40%, but the standard deviation is larger because you have a few outliers to the upside...

The fed injections are for 1-3 days and the mortgaged backed securities being traded in were high quality Fannie Mae stuff. They aren't get out of jail free cards. They are repurchase agreements as in the fed will purchase your crap today and you have to repurchase it 1-3 days from now...

Depends on where inflation is. I don't buy the line that inflation is as low as they say it is, but I'm not sure it's 4.5-5% which is where it needs to be for 6% annual home appreciation to be normal. Home appreciation probably never beat fed funds rate as badly as it did 2001-2006.

maybe 3 weeks ago. In case you haven't heard getting people to buy risky debt has become next to impossible. You'd need to sell a fair amount of risky debt to take CC private.

They've worked great for me. Each core is twice as fast as the Pentium 4 it replaced and there's 2 (or 4 with the quad). Power consumption wise it's about even with my last Pentium 4 machine. That's 4x the CPU power for the Duo and 8x the CPU power for the quad for the same energy...

Doubling down once or even buying a 3rd block the same size as the first two isn't so bad if your initial position is small enough and that's part of your plan. Doubling your position every 2 points as the market goes against is a sure fire way to go bankrupt. It won't happen very often...

He'd be of value if he was wrong 90% of the time. He's right almost exactly 50% of the time making his picks as valuable as a cointoss.

Does anyone know how he's doing on his action alerts this year? It's hard to get the info without paying for it, but I've been suprised just how poor his performance has been relative to just about any other benchmark.