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:) Thanks for keeping it light I was worried that you might take it the wrong way. Peace.

What about this year? You are telling me that you traded that long and didn't pull a bunch out this year? With all of this volatility? Anyway, mr. metal, whatever works for you. I agree the period you talked about after that was lower in volatility (and although you didn't use that word...

well put. Losing days need to occur, although its powerful to envision trading with losing days 1/20th or less of your winning days. Its a cycle, a recharge. Also a gentle reminder that you are not God no matter how much money you are making. (See LTCM et al for other lessons)...

Having been one who at one point in my career, lived and slept in my office, it can work. Although it's better to have a balanced life. Im not saying do it, if you have more rooms, definitely make one the trading room (with trading karma) and one the sleeping/regeneration room. It's also...

I second this. Although I said it first lol.

Screw the fed. Just trade. All of these moronic bank CEOs and bond guys (bill gross) forecasting a 50 to 75 basis point cut....they were HOPING it would because it would help them out of a HUGE hole. What a joke. Did anyone else see it? Including the Bloomberg news article about what the...

if you can't sleep, try exercise. If you are taking any anti psychotic medication, clearly you are on the WRONG track. Maybe you should work out whatever it is in your mind that causes you to behave so ineffectively. You can't really be a great trader until you have you mind working for...

I don't know where you have been, but regarding shorts it used to be called the uptick rule, and they uptick rule for shorting was eliminated earlier this year. That's in the US Markets.

If I wasn't such a good guy, and if I didn't believe you were glad, I would say you are an ass. But I didn't say that.

i missed out on tuesday. If I did trade I probably would have made around 8 to 10K, ased on prior signals and the stocks I was trading. However I didn't trade so the point is moot. Yesterday and today combined I made just under 6K. I caught myself feeling bad for missing out on that day...

Absolutely agree. Nice post.

well most internet connections are rather robust compared to 1999 when i started trading. However, the larger you trade the more significant the power of your connection is. Going down for a few minutes while not a tragedy can make the difference at the times when you are closing trades or...

yes good time to be flat, maybe things will change on monday. I am however tired of the interest rate reductions, housing bailouts. The price is the price but I had a huge short run this fall, and for the moment I am bored with no trades. Are we training people to be sucklingly dependent...

retail is a whole differnet ballgame when you trade pro, your buying power gets returned when you are done using it throughout the day. so if you have 400K dtbp, you put on a trade that uses 5000 shares at 30 a share (150Kbp) you have 250 left and 150 in use. The second you close that...

No NO...they were Double Secret weapons.

what do you trade when sitting in Australia?

For me, I am literally grateful each morning (pacific time) at 615 am. This is when I realize I am about to trade. Trading affords me travel without missing a beat of work. I am in Palm Desert this week, this weekend I go to vegas to play a tennis tournament, and will stay and trade...

read, study, get a trading job somewhere (even if you hate how they want you to trade), above all read, market wizards, reminiscences, trend following, beyond candlesticks, spread trading (abel), new market wizards, optimal f, you can read them all at barnes and noble for free while you...

go to a PROFESSIONAL firm, you should be getting a rebate, not paying interest on your short stock.

i could so care less. I am a discretionary trader (i make the trades). Since Oct 1 i have returned over , well, let's just say say if I traded 5K of your dollars it would be 31K as of Friday's close. I don't imagine how i could trade with the kind of leverage I do now relying on...