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If you had bot at $9.14 instead of ~ $8, you would have saved only a little more than a dollar . . . but what's the opportunity cost of getting stuck in dead money stocks, or worse?

I only buy on buy stops placed above the old highs. You get what you pay for. Buy weakness and you get weakness.

The low prob trade is on the pullback . . . if it's pulled back, it's a weak stock and you don't want to own it.

The entire MLP sector is a massive Madoff scheme. KYN is a good prospect, when it explodes . . . so is KMP.

Is that your parent's den?

This is a great set-up during the summer . . .

Thanks for the suggestions. I don't think "you get what you pay for applies" . . . I've tried some of the paid software and they're no better. If I have to download software, I can be pretty sure it's from circa 1995, has feature bloat, and doesn't offer the features I'm looking for. If...

You could still pick it up at the post office, right? They're not going to shut down the post office.

I've tried them all . . . none of them do everything I want. And it looks like many of them haven't been updated in a long time. Why is that? Stockcharts - no ability to drag and drop a large number of symbols to create a watchlist. Can't track events in watchlist, like new highs. Yahoo...

That's fine . . . But I'd only want to be doing a strategy like that if I had it nicely automated and was trading a large number of pairs. That's an insurance strategy, taking lots of small risks and hoping they don't add up . . . As a small piker, I buy insurance, I don't sell it.

If you're managing billions and building a position, you might add to a loser. You probably have no choice. But if you're managing thousands, then no I see no reason to add to a loser. Look at somebody like David Einhorn's portfolio. You will never see him increase a position quarter over...

"Losers add to losers" - Paul Tudor Jones. He qualifies, right? Not a newbie, I don't think.

Try to make it all back tomorrow. That's the best option.

FSC DRE WWE All safely protected by the cash flow.

Lescor, how many people did you recruit to Tuco thru ET before it got shut down by the SEC?

Admire your honesty here. Quick question . . . have you thought about a longer timeframe? And positions that you don't have to watch on an hour by hour or tick by tick basis?

Any of the Peter Lynch books give a good idea of how a portfolio manager thinks, how to read a balance sheet and cash flow statement, how to think about the economic cycle, etc.

"Only if you have been profitable day trading for 6 + months Do you think you could teach someone of above intelligence to trade your "edge" w/ in a week." Why does it have to be daytrading . . . There's just as much money trading over longer timeframes, and there's much more aggravation...

Next enforcement action: suing fat diet experts. Hey, even fat doctors can give good advice. In fact, good trading is, in my opinion, much like dieting . . . It's about avoiding the temptation to buy weakness and double down. Can't miss stock hitting new lows=pepperoni pizza and a coke

I read the charges and I don't get it . . . If there's an audience for get rich quick schemes, then people should be able to sell them. Prosecuting this sort of thing just reinforces the idea that the water is safe and there are no sharks . . . There are sharks and this sort of enforcement...