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[Stops are for pussies. Double down on your existing position at the price where you think your stop should be. You're going to lose your original trading stake anyway. At least die with your boots on.] What? Are you insane?! 'stops are for pussies'? Doubling down? 'Die with your boots on'...

its my belief that we must all be losers at something before becoming winners, in anything in life. if you're starting out a winner, all that means is you're doing something too easy. everyone here in ET is here to learn and (better, yet) teach. yeah there are alot of people with agendas too...

definitely a good point about science. although i don't think hopeing science will solve everything is a good idea, its absolutely true that there are things in horizan that'll change everything. Think hypoponic farms, soybean modification, etc... -m.o.

sell into strength, buy into weakness -m.o.

if you can't handle the slippage in a stock, that means that you're trading one with thinner layers than what you're comfortable with. strike the balance between volitility (price movement) and slippage. Higher the volatility=thin bands on level 2 (CEPH, FAST), the greater the slippage...

theres definitely no shortage of people looking for rentals in NYC. at this point in my trading career, i wouldn't mind living with the family and saving all the cash for trading as i can. if thats an option available i would take it. -m.o.

out of my trading universe/stable based out of the ndx, so many are going sideways.... m.o.

this is a strange way of looking at realestate but i'm going to throw it out there: a mortgage is a monthly margin call; the property is equity, can go up and can go down. We have a country full of people making huge margin trades, a contrarian indicator signalling the top of economic...

nothing worse than turning a winning trade into a losing one. -m.o.

bold. you're not even waiting for the futures to start trading..... -m.o.

partial profits or scaleing out are good ideas, trading doesn't have to be all or nothing plays. base hits, not homeruns win the game. -m.o.

what index trader wrote may be the smartest thing i've read on realestate, anywhere. just want to add, your first house should be bought for one reason, because you and your family are ready for it. no matter what time it is. 2nd/3rd, investment properties all come later and then you...

the problem is more fundamental than grain production, water will be the resource that will become the largest concern. 2 years is cutting it quite fast though, maybe its a worst case doomsday scenario. -m.o.

i have my mouse over the buy/sell/short buttons, with position size and price setup and wait. its become like an action in a sport, the less i think about whether i should do something or not, and just do it right after i get my signal. hesitaiton kills. know your system, follow your rules...

thats a very good point about the crisis not comming immediately. I'm firmly in belief that what's going on can't go on forever, but have to remind myself that tomarrow isn't the day it stops. just making decisions with the future in mind but trading in the here and now. -m.o.

no one forces anyone to use credit cards. no one forces anyone to buy expensive houses this and many other things, are very much done out of choice. Eventually we all have to pay.

MBA's are rubber stamps in my opinion. i had attended many MBA courses in my university's business school and one thing kept hitting me: all these people already knew what were in these classes and were just waiting to get out. i got alot out of them though, since i came from a non-financial...

Truth all the way. -m.o.

hells yeah i would do it! buy my own island compound and stock it with hot assassin women. Beat up on 007 and then rule the world! What personal growth can beat that? -m.o.

what do the charts say? -m.o.