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Wow, thats disgusting to see how some ppl are living in the US given the amount of resources and money this country has. That bath tub made me want to puke. These ppl are living worse than animals in a zoo (not kidding) The sad part is, this is probably just the beginning considering...

Assuming someone has an statistical edge and some modicum of discipline (and I know thats assuming alot) would the experienced successful traders say the key to getting to the next level (making consistent money) is realizing that its really just a numbers game at that point of taking every...

I'm sure this is just par for the course for trading, but wow, just wow. I enter into a trade, and arbitrarily set a random stop below my entry. You know what happens next. Some how, the market always falls as soon as buy in, hits my stop on the penny and then proceeds to go way up. What...

konviction, You are the biggest MORON on this site. I love how idiots like yourself speak about blacks as if your experience around 100 African-Americans at most represents how millions of them are. I guess anyone could go to West Virginia, Alabama, etc and say all white people are like...

Good lord this market is boring. WTF. Its been like 2 weeks of this crap. Come on already ! Moooooooooooooooooove Who turned the money off ? Lol

If this Vanity Fair article is true and the Matt Taibbi article is true, then that must mean that Goldman Sachs, JP Morgan, et al didnt plan the bubble and CDS schemes, but merely jumped on the bandwagon after they were alerted to it. I guess its comforting knowing that the $1 billion TARP...

Awesome fucking article. This guy is a laser guided money generating missile machine. You have to love America ! This dude called it from the beginning and showed the big boys how to do it, all while getting no credit and profiting hansomely...

Wow, today has been horrible. What the hell is going on ? Is it just me or is nothing moving ?

It doesnt include slippage, however, it is very reasonable to expect to be filled with $100K if you're trading a liquid stock (eg: C, FAS, GE ,FAZ, BAC, etc) . I traded with $100K per trade for months last year and was always filled within a few seconds. Total trades were around 500.

I dont have futures data, but I ran it against the SPY. The profit isnt as much but at least its not negative ! This is using the same 15 min timeframe. <img src="http://imgur.com/CEqJq.jpg" alt="Hosted by imgur.com" /> @TraderZones: I'm not trying to sell this nor have I ever said...

I've tried it on multiple equities and it works on 20+ of them and I've forward tested it a little bit. For instance this is the same 15-min timeframe, but run on C (Citigroup) this time: <img src="http://imgur.com/UYW3X.jpg" alt="Hosted by imgur.com" />

I didnt do any optimization yet (I was trying to avoid curve fitting, etc). This is just a strategy I thought of one day with a bunch of simple rules.

The equity curve looks pretty good. On other stocks I backtested, it literally looks like a 45 degree angle. <b> This is using a 15-min timeframe trading with 100K per trade. Trading period is 6 months for this backtest. </b> <img src="http://imgur.com/0ud1F.jpg" alt="Hosted by...

I'm calling it. My system says the DOW may go down to 9700-9600 in the next 1-2 weeks ! I agree though, this market is still pretty lame (only in comparison to the past 2 yrs). The same pattern all the time now. A small pop in the morning when it opens, a small pop right before lunch and...

Speaking of banks and home sales: http://www.mint.com/blog/trends/mint-map-housing-sales/?display=wide

@Trexticle : You may be right, but I went back over the past 2 months, and had I just went with the trend, I would have made way more money than I have lost. I view this as learning to ride a bike. Mr Market has shown me how my own greed is my own worst enemy. Duly noted. I'm going to decrease...

God damnit, I've been getting owned by the market the last 2 weeks with a string on small losses that are adding up. The psychology of trading is critical I see ! <b>The problem I repeatedly make :</b> <font color='red'>I see a down trend and keep trying to fade it by buying on what I think...

I am curious (mainly as a relative newbie to trading): How many years trading experience do you have ? What markets were you trading when you loss $60k ? Why didnt you have a stop-loss (I'm assuming you didnt have one) ? Thanks

Awesome article ! Who has the balls to do something about this con game they have run on everyone or is there not enough evidence ? I would love to see CNN , Faux News, CNBC, et al run a piece like this daring someone in the gov to do something. Perhaps pigs will fly sooner than that. I...

I didnt trade in 2008, but yes 2008 looked like a good time to trade as well. I'll take anything other than what we have right now. MohdSalleh: I know the president gets all the blame since he's the figure head, but I dont really blame Obama. He cant do much other than sign bills into law or...