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this is so accurate... LOSERS AVERAGE LOSERS! obviously, because i dont kick it.. i average down and ur right i get lucky maybe 10% of the time otherwise i am in a bigger whole... ARRGHHH!!! my new plan is implementation of hard stops. these stops.. are they limit stops or mkt stops...

bighog... ur absolutely right.... i look in the mirror and say the samething over and over... be a f**kin man and own up to the realization that i made a bad call. it happens , move on. it is so easier said than done, i truley feel its a reflection of my behavior when it comes to money...

when u say pair.. do u mean buy one stock and short another.. please explain. ty michael

does anyone have any sound advice on money management skills.... i basically scalp listed and i am very successful and finding nice set ups (75% is in the green but the other 25% is where i get spanked...hard).. Its when the position goes against me and the drawdown begins... i f**kin freeze...

speculation price.. not offical yet

ty

anyone have an idea whats in store for this stock.. i kno bout the news that was announced a lil while ago... tx

speaking of psychology.. has anyone read this book. i just ordered it and i was always was a true believer of approching something from the psychological point of view can give you a strong edge. http://www.amazon.com/Psychology-Trading-Techniques-Minding-Markets/dp/0471267619

i'm seeing the same seniments from other trader friends of mine... i also feel that the chart savvy traders, ones who can get a feel of whats going on by being a technical guru, would have a greater opportunity adapting to the changes. i'm hopping basiv advice like this...

i'd like to know how long before the mother of all merges happens: "NYSE-NASDAQ" Group, LLC

just my opinion.. this was all done by design. and yes, the number is def. gonna explode! and the people behind it know perfectly well what there doing... they'll be a new defintion to the phrase: "the ends will justify the means" and i'm talking in a couple a years when most of...

that doesnt sound very promising to a new comer... do u think its already happening.. have you seen any significate changes in your trading style? i would imagine adjusting to the new enviorment would be the way to go...

destroying the average investor is exactly what they want happen.. dont u get it.. they are blatently doing it, everyone is aware of it, and there's nothing that cant be done.. what better way to do business than with the top descision makers backing you

i will have to agree w/ you... when u have every broker, trader, fund manager publishing there stock for sale... who's gonna have the most intimate knowledge of it all?? dont forget who put all that money in grasso's pocket..they were always a driving force during the illustrious history of...

whats the overall attitude about the hybrid system and what what kind of impact will it have on the prop. trader? i just left the floor of the nyse. i was a clerk for many years. the way people feel down there, especially floor brokers and clerks is there days are numbered. maybe 1 or 2...

ok.... thanks

hello all, has anyone ever traded with this firm or has known someone who did? echotrade is the name of the company and i am consifering working with the downtown NYC office.... just wanted to do a little bakround check on them. thank you in advance