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Quote From Article: That was his whole point in suggesting the venture last year. "Individuals and small traders have a better shot making money gambling on sports than gambling on stocks," Cuban said. "It's a topic I'm passionate about." I find this absolutely laughable. In a publicized...

The first thing I do in the morning is turn on my screens and see where everything is. The second thing I do is ask myself whether I am mentally sound today. That I will be able to accept the outcome of any situation and resolve it quickly according to plan. I have a strong intuition...

Well, Lately we've been using escrow and refinancing paperwork from the title companies due to the recent housing boom - but the supply is drying up these months. Dollar bills are always the last resort. Also, Santa Barbara uses 1 dollar bills (cheapskates). Here in Montecito we use 20...

Ahhh, Okay, thanks for a better explanation. You are risking 32k to make 64k, so your net balance will be 128k if you win. You are right the R/R is 1/2 and you are risking 50% of your capital for it. I take back my answer, I would take those odds. Sorry for the confusion, I can be...

Okay, I misunderstood, so if I win, I actually net out 32k+64k = 98k? Thats a 1/2 risk to reward. If that's the case then we have a differrent game. If that's not the case then I'm risking 32k to make 32k, which leaves me with 64k - a 1/1 risk to reward. Mike

What made you chose 32k/64k rather than another figure?

This thread may clear some stuff up: http://www.elitetrader.com/vb/showthread.php?s=&threadid=55541 EDIT: Nevermind, you participated in that thread... I would think the means by which a dual core does this would be clear after reading my posts in that thread. I guess I wasn't clear.

1. No. It has plenty relevance to short term trading IMO. 2. Yes, I always trade around a core position. I never enter with full size and I always adjust my cost basis pending the trade's positive or negative movement.

How about this: Money = (Time) / (Laziness)

What are you talking about? You have no idea about the terms of my loan and what is even funnier is that you ASSUME a certain finance structure: Let me give you some details of my loan on a car I PURCHASED with 50% down payment. The loan amount was ~34k and it has a 3 year term at 3.65 %...

A hundred bucks is a hundred bucks just like one dollar is one dollar. No matter how you slice it, its money and while nether case really means that much to me, its the little bits and pieces that eventually add up. I am beginning to seriously doubt the fiscal aptitude of certain people here...

I've thought about this question for a while and it I'm not sure I have a tangible answer. I will attempt to answer it based on my idea of risk and the stop-out and reverse strategy. I tend to trade excess price points and I usually take the other side of the excess. This sometimes means...

Not sure I understand what you are asking here...

Here is the link to CBOT's market profile handbook: http://www.cbot.com/cbot/docs/handbook.pdf Its a big file - might take some time to load... Attached below, you will find a short description of what I'm doing in the first PDF I attached. I've tweaked some stuff in my price/time range...

Chart attached.

Without giving away the farm, I'll go through a simple analysis on the emdz5 contract for Thursday and Friday. The attached is a profile of the strong trend on Thursday. The two value areas are at ~742.60 buy side and ~745.20 sell side. Notice Friday's collapse (chart in next post) from the...

This may sound silly, but I think you should study people in their social environment. Yep, I'm going out on limb here - learn how to read people. I went to school for a damn long time (PhD) and truthfully, interpersonal skills are so much more valuable in any profession you choose, it's...

75k... BWAHHAHAAAA... They're kidding right?? Wonder what it cost to investigate this sensational travesty?

Steve, I use market profile from the previous days range distribution and the first 1/2 hour of the current day's range distribution. I find it to be about 80% accurate regarding index behavior. The method works very well for sector indexes. Once you determine buy side and sell side value...

I'm not insulted by anyone's comments here - I just don't care about the perceived strength of GOOG at the moment. The stock dropped 20pts on an analyst downgrade the day before yesterday. All day yesterday, the value area for the trading range was on the sell side - not the buy side. The...