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    US Govt Sanctioned Loan-Sharking

    Yea, this is why I always pay the bill at the end of the month. I do not think the banks have made a penny off of me for years. I prefer for them to pay me to use their credit cards. I highly recommend everyone to switch to the cash back cards. AMEX, Chase, and Discover all over these cards...
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    Total for 2006.

    In trading, around 156k. Would had been more, but made some stupid mistakes made in options and energy. In 2007, Futures and FOREX here I come.
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    Forex Or Stocks

    Stocks, for the most part, are safer. But you have more leverage with FOREX than stocks. It is always open, so that is a plus also. Have not dove into it yet, but I am meaning to test those markets in 07.
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    Poll: Are you impressed by new CNBC.com?

    I happen to like sliced bread. It was a great invention. :) Anyway, I prefer Yahoo over CNBC.com. Google's is pretty lame as well.
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    this has got to be a blow off top

    There are plenty of sellers. I had no problem shorting MAMA and AAPL today.
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    When will Ford go bankrupt?

    Yea, I am kicking myself as too why I did not buy a few thousand shares at around 6.40. a few weeks back....
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    Are you trading today?

    Yea, I got some nice plays in today. Friday was pretty much down for me. Today, I was able to get some nice shorts in as well as some nice trades in China tech and online media for a fast chunk of change. I am usually done by 12:00 or 1:00 PM EST. I may come back for another round after 2:30...
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    Are you trading today?

    Will you be trading equities today? If so, do you think there will be a good amount of volume within the market today?
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    House of Cards ready to fall

    A lot of Bears on ET lately. As always, they will be proved wrong.
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    The next Mama

    I would still like to know what is going on with these stocks. They move in huge numbers. Just like the stock mentioned in the title, like 500% on video search? All of these stocks should be looked into. Something smells funny.. After playing with NGA and SCT, I tend to stay away from...
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    Who's your trading idol?

    Pretty found of myself. :)
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    What was your longest losing streak?

    Up until this week, I am up around 11k in stocks, but lost about 3k in options. The FDX, UPS, and EBAY blow-up hurt hard. Might take a rest in options. Testing futures in January. For the last week, I was playing CC, JST, CVS and a few others; those were pretty good. Bt I am down a couple...
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    House of Cards ready to fall

    Most people buy on margin. It is the best way to leverage your buying power. I think the stock market is going to crash is really over doing it. You cannot compare the US stock exchanges with India and other emerging markets. If it was the Dax or FTSE, that is a different story.
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    Swing trading and scapling

    I see. In terms of scalping, don't you need a few thousand share position in a stock in order to make a decent profit? When I usually only purchase 300 - 500 shares at a time, scalping would not really work for me... Right?
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    Swing trading and scapling

    Can someone please explain to me what swing trading and scalping is? Thanks.
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    Protecting your profits

    For instance, I placed a late trade on Friday for 600 shares of JST. Today, for whatever reason, the shares spiked at 25.64. It is very rare I am only in a stock for a day, so did not pay attention to it. Nevertheless, I was up about 11% so I sold at a little under 25.00. It is going down...
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    Stock portfolio performance (Jan - Nov 06)

    AS for my posiitions, I am all over the place. I am in Steel, Gold, little oil, pharma, retail, bio, semi's, hardware, software, insurance, etc. I try not to be to invested into a sector too much to protect myself on a sector down day. I used to use stops a lot, but I always get stopped out...
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    Protecting your profits

    There have been times in the recent past where I saw a stock in my portfolio shoot up and then within a few days go negative. I want to start using stop losses on stocks in order to protect profits. I know, you are all saying, why is this idiot not using stops always. Well, I used to always...
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    21 IPOs going live this week. Quite an array of companies

    Hope they will be good..
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    Stock portfolio performance (Jan - Nov 06)

    Just gone through my various brokerage accts and didsome calculations. On an entire annual portfolio basis for the year, I am down about 14% (23,000) on about 165k in total. Though, on a Monthly outlook, profits are approx. 14%; except in July and August, which my monthly profits went down two...
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