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She will learn a hard lesson, sooner or later. She will not learn this lesson alone either. She better hope a future potential employer doesn’t see that. She must be a great person and a hard worker that I would want to hire. Not. BM

Bidask, The process varies from state to state once the foreclosure action happens but takes anywhere from 3 months to about a year if there are no delays in the process. There are two types of foreclosure: judicial and power of sale. For example, Texas is one of the fastest and PA is pretty...

I tend to side with those who believe hard targets create more problems than they solve. Markets are fluid and dynamic. You cannot bend the will of the market to allow you to hit a specific profit target consistently IMHO. To try to force the market and/or stay with a position longer than you...

Bigarrow, I am glad minimum wage has not been an issue for you. But that doesn’t mean it isn’t an issue for others. If you ran a restaurant where you were used to paying someone 2.20 to 2.50 per hour or whatever and they made the rest in unclaimed (and untaxed) tips and now you have to...

HiddenAgenda, You are suggesting setting up an international operation and US LLC entity with partners in multiple countries but want to set up your LLC and operating agreement online or yourself? That, with all due respect, is penny wise and pound-foolish IMHO. You say you are “very...

I would agree with flytiger and ianmacquaide completely and you are missing the point big arrow. First remember, the vast majority of employers in the US are small businesses, which I classify as anyone with below 50 employees and many less than 20. They don’t have the cash reserves of larger...

I would tend to agree with Random.Capital. Leases have had inflated lease residuals for a long time that helped make the lease payment more affordable for the masses. The lenders are wising up and realize now inflating the residual only hurts themselves in the long run so it isn’t surprising...

Jjj1000, With all due respect, if you have been reading for 8 months and think trading without a plan is a good idea then you were not paying attention to any threads of value and not thinking about what you were reading. First, about 90% of ET is worthless trolling and entertainment for...

Exception, As others have stated, anyone who goes into trading thinking that trading is an automatic key to freedom and the gravy train to success just didn’t do enough due diligence before beginning and listened to too many gurus about what trading is really like. That is a strike against...

Innovest, We get posts like this all the time and I just don’t get it. If you can’t follow your rules, you can’t be successful long term. As a professional trader, your JOB is to follow your rules, PERIOD. To do otherwise suggests that trading may not be for you. That is ok. It is not...

Kcalhoun, Not to sound negative here, but we get these types of posts all the time. You know your own problem but even after 10 years, you refuse to change your known bad behaviors. There is a simple answer and it is called DISCPLINE. The definition of insanity is doing the same thing over...

I personally disagree with those who think the quality of Chrysler (and most domestics) are on par with the reliability of most imports. It just isn’t true. Of course I mean generally as there are always those who get the good one, or the few models they make that are good. Quality has...

ByLowSellHi, You are spot on and are not being pessimistic in any way, shape or form. But you are being realistic and those who can’t think for themselves are threatened because they don’t understand and anyone who can think is a threat to them. Not good qualities in a trader IMHO...

Innovest 11, As others have said, you either have discipline or you don’t. You either have an edge or you don’t. If you do, then you know the math is on your side if you follow your rules. If you have an edge, know the math and still won't follow your rules, you are a gambler who puts...

Pure PR. What do you expect to hear from a company who has lost billions for their investors because they invest predominantly long only? When the bottom falls out, do they put clients short or in cash? Of course not. All they care about is taking their cut and keeping client funds to keep...

Spanish89, I am surprised someone who openly flaunts that he doesn’t pay his bills, says he makes money (no comment) and still thinks he has any credibility of any kind with regard to money matters or trading is pretty comical to me. And yet after all that, he still thinks his advice is...

Geez, As I said, I was not trying to be critical without knowing all the facts nor trying to tarnish your excellent journal. My apologies if I came across that way. That was far more detail than necessary or expected (but appreciated). Glad to see you are working hard and taking advantage of...

Geez, First, I like the keep it simple premise and your discipline for someone new. You make some very good observations, are humble and obviously work hard. Keep up your good work. I don’t mean to sully your journal with a few questions and I may get ripped for this, but I can’t help...

Smartmoney, Forget your friends as most don’t understand or care to understand what a trader (of any type) does or why. You might as well tell them you are a financial sorcerer as a trader. But once they see you are making good money, actually have the time to do what you want, take a...

Everyone faces some demons of some kind on their way to success, in everything. Your own first post stated exactly what you know you are doing wrong, stated some solutions and then you said you wanted and needed some advice. Your problem is mental more than anything. You have been trading...