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  1. J

    Republicans Happier than Democrats

    Republicans tend to be the movers and shakers of society and commerce. Democrats, unfortunately, tend to be the critics, complainers, blame shifters and less successful. It's little wonder that their negative mindset results in perpetual despair. Every time I hear a Democrat on television I...
  2. J

    North Korea's Nuclear Weapons

    Now would be a good time the US to test its new laser weapon on North Korea's missile. We could focus the 4 inch diameter 150,000 watt laser beam on the missile during flight for about 5 seconds and blow it out of the sky.
  3. J

    North Korea's Nuclear Weapons

    For your interest - please download this satellite photo of North and South Korea taken at night. You can clearly see that North Korea is dead flat broke. There are no lights on anywhere. They must be using wax candles to light their donkey carts after dark. Thank God I live in the USA...
  4. J

    Traders having ADD?

    I would like to add to my previous post that when I started eating healthy, non-toxic food and using organic soap, toothpaste, hair shampoo and spray, laundry soap and eliminating toxic fabric softeners I felt my daily stress levels during t-bond day trading go down dramatically! Good food keeps...
  5. J

    Does Israel have the firepower to wipe Iran off the map?

    In reply to FredBloggs; No decent person wants to kill thousands of innocents. War is the greatest failure the human race falls heir to. However, the survival instinct is one of the most fundamental instincts of mankind. When you factor in WMD's to the equation you have about the worst...
  6. J

    Does Israel have the firepower to wipe Iran off the map?

    We're not talking about a few nut cases, there are tens of thousands of them. You apparently did not read the attached article. The desire to kill all the infidels in the world, including Christians and Jews is stated over and over IN THE KORAN! The Koran is the sacred scripture for over...
  7. J

    Does Israel have the firepower to wipe Iran off the map?

    Please read the attached word file on the truth about Islam by the Accuracy in the Media Group. You won't hear this on the 6 o' clock news. After reading it keep in mind that Iran wants to build a cascade of 50,000 p-2 cetrifuges to produce enough Uranium 235 to make about 30 warheads per year...
  8. J

    Does Israel have the firepower to wipe Iran off the map?

    Israel has an estimated 100 or so nuclear weapons. The US has over 10,000, including thousands of thermonuclear monsters like the 9-megaton B53 bomb and variable yield 340-kiloton B61 tactical nuke which can destroy any underground facilities in a second. Our nuclear subs carry about 25,000...
  9. J

    Traders having ADD?

    A year ago I read Kevin Trudeau's best-selling book Natural Cures "They' Don't Want You to Know About and it changed my life. I stopped eating most junk food and grocery items and started buying organic and health food without all the man-made chemical additives. I feel 10 years younger and have...
  10. J

    Money can't buy happiness

    I've read or heard of a few socialogical studies that state that the happiest people in America are the Amish families. Some of the reasons given for this are their strong multi-generational family togetherness, their freedom from the stress of material pursuits, their strong religious...
  11. J

    When do you stop refining?

    My feeling is that when you have developed a system or method that works profitably and consistently you don't need to constantly refine it. You simply need to practice it with greater and greater size positions as you are able to adapt mentally. Its like muscle memory in sports. If you keep...
  12. J

    Living on a boat and avoiding taxes

    If you are upset by paying US taxes increase your trading position size and/or cut back on your expenses to simplify your lifestyle. Be grateful you are living in the USA where there are still free markets for free men. Taxes are a cost of doing business - fill 'em, bill 'em and forget 'em...
  13. J

    "greed"

    Refco was a fun place to work for in those days. It did have a cowboy, gunslinger attitude which got picked up by some of the employees. One year they chartered a jet and flew everyone to Las Vegas for a company party and gave them $ 1,000.00 each to gamble with. They liked to push the envelope...
  14. J

    "greed"

    The reason Refco didn't blow this guy out after a few hundred contracts was that a couple of order clerks on the floor conspired to cover it up so it wasn't discovered until the end of the day when the computers posted all the activity. Those guys also lost their jobs the next morning. I also...
  15. J

    "greed"

    I think traders need a certain amount of greed to be successful. Too little and you won't reach your potential. Too much and you can destroy yourself financially and otherwise. I remember 20 years ago when I was a broker for Refco one of my friends who sat a couple of desks always from me...
  16. J

    What is your single biggest fear in life?

    Global thermonuclear war.
  17. J

    Fearless trading

    One thing that helped me early on was this: I began to look at trading as placing a long series of loaded bets instead of trying to win the next trade. If you are rolling loaded dice, it doesn't matter which individual trades win or lose, because you KNOW the protracted series of trades will...
  18. J

    Fearless trading

    Thanks. It' s been my experience that one should risk no more than 2 to 3 % on any trade, no exceptions. Take a quarter and flip it 100 times and write down the results on a sheet of paper. Start with, say $ 100,000.00. Use your calculator percent key and subtract a certain test percentage for...
  19. J

    Fearless trading

    Paper trading can be useful in developing a profitable system in theory, but as most of us should know, few of us traders can follow a proven system religiously in actual practice. There are lots of good systems out there that could make most traders millionaires IF THEY COULD FOLLOW THEM. Many...
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