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You are not thinking about that trade. You are following you trade parameters and that trade will be a winner or a loser. This one trade doesn’t matter. What matters is how well you follow you parameters over the next 1000 trades. You may be looking for evidence of an outside influence that...

First, If you were a long time user and contributor, why would you create a journal with an alias? No logical reason to use an alias unless you were previously banned or run out. You said” 1. My current stake is just under $10,000. 2. -4.50 points today. I keep a trading journal which I...

Sell, You said you have blown out your share of accounts. If that is the case, a smart family member (granted, not necessarily realistic) would ask why should I give you money to invest when you have shown you can lose it all quite successfully? You better have a good answer for that one. You...

Smart money, I personally think you are putting the cart before the horse worrying about how your friends will react based on your “new riches.” You sound like a gambler to me. A gambler is counting his winnings and wondering how that is going to change his life BEFORE he actually makes...

Piezoe, We are laughing but no need to flame. Let me give a few points why I believe you to be dead wrong (IMHO). First Chrysler is a company that makes junk. There cars are consistently rated much worse than average (just saw an article about the new rankings listing the most unreliable...

Piezoe, The only ones who support Oamacare specifically and Obama in general are those who cannot think for themselves. All they hear is “change” and that is all they hear. They want and now expect a “free lunch.” They feel they are entitled to the good life with no effort on their...

Pabst Prime is right on the money. I don’t understand how so many can be so naïve and not understand the basics of how a casino or someone with an edge (i.e. a market maker ala GS) makes money. If you have an edge, no matter how small (and the edge or spread in all but very illiquid markets...

Hey, use what you want. It is your money. But there is a difference between newbies and pros. All those who jumped into the market because they don’t understand what real cash flow is, who didn’t do their homework and now are upside down on their NOO properties are feeling a lot of pain...

Quote from krazykarl: A lot of people on here throw around numbers to boost their position like "down 30-40%..". These types of things are easily supported by links to trulia.com or zillow.com. Why not both of you guys post some links to properties on there? They will show sale history from...

SpotTrader, Liberal use of the ignore function is your best defense. I add people almost every day I read these forums. But at the end of the day, why do you care? Your time can be better spent improving your trading, not trying to one up some fool. If you believe you didn’t get the...

Jreality, I am sorry to say you are not living in reality. Denial is a powerful tool. We have met the enemy and it is us. Read that again. We have met the enemy and it is us. You have received some excellent advice and tips from FB123 and he has gone way above the call of duty but you have...

Wave, Do your own due diligence but I see no reason to have almost a third of the money in bonds. You want capital appreciation and the longer the time until the money is needed, the better. When they get closer to using the money you can become more conservative. Just something to think...

Gubinec, What you say is total bunk IMHO. You are not trading, you are gambling if you have this so called urge to short the markets to “get even” with someone or the “man.” Lose money or go broke, that will show them. Shorting is a tool, nothing more and nothing less. It is an...

Pension Admin, You said, “I totally understand that and I am a true believer in this. I think Mark Douglas has mentioned this in his book, but in finding the setups with the right combination of winning probability and average dollar winning to give a positive expectancy would be a...

Pension Admin, Below is another explanation of Expectancy vs. Accuracy, exactly what I have been trying to get across. I did not write all of the below but it is a pretty good explanation. This explanation is about as simple as it gets and includes the expectancy formula for making...

Pension Admin, You said, “I do not have complete plan and I haven't been good at keeping track of all my trades, but I did take screen shots of most of my losers. I will review them and incorporate into my plan as "setups to avoid". I will come up with some gyration and trend following...

Pension Admin, First I am going to tell it to you straight, as if I was talking to a friend in person in your position. Second, you probably won’t like it but I hope you at least consider this side of things. Many others have hinted at this, but I am going to come out and say it, as I would...

IneedAJob, Quote: “As far as all the replies about my password quip, it was really just a way of sharing how many sites I am truly registered on. I can usually remember the passwords once I know what their particular construction rules are. Sir, you are still missing the point. You...

IneedAJob, Quote: “I am registered on every bank/financial service company/tech company/company with any possible position I would qualify for's internal job board. Keeping all the passwords straight is increadibly hard since I refuse to ever right any password down and they all have...

peilthetraveler, Quote: or the RN and soon to be doctor living in the 115k home http://money.cnn.com/galleries/2009...mebuyers/4.html P, just to be clear, a post doctoral fellow is not a soon to be medical doctor. They are someone who just got their PhD who are doing more research for...