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I was having a conversation with my girlfriend's sister's boyfriend who works for JPM in New York. He was telling me that every time he wanted to make a transaction he had to type up what he wanted to do and first have it approved by someone in the department (not sure who) before he did...

"The bespectacled, balding billionaire, about 5 ft. 8 in., looks like a slightly more hip version of George Costanza" HAHAHA

Thanks for the advice riskarb, I'm going to save your post. And as for being attacked, I expected it so I tried my best not to come off like some spoiled little prick whos parents throw tons of money at (because they don't, theyre not rich). I honestly just wanted some reasurement/advice from...

http://www.businessweek.com/magazine/content/03_29/b3842001_mz001.htm

If I don't plan on spending a large proportion why not put it in a MMA? Having it in a savings account at a half a percent is useless when I don't need the liquidity. I want to actively trade with an amount that I'm not scared to lose....I'm not willing to lose 1/3rd of my net worth. Any...

Looks a bit like Dr. Evil

Hope this isnt a stupid question...I'm relatively new. While we're on the topic: Do support and resistance levels exist because these are recognized by the majority as important levels? Or is there just an amount of shares that are going to remain illiquid as they are held buy institutions that...

LOL, I guess the way to learn is to have your parents buy you a townhouse as opposed to the kid getting a job and paying his own way. Is that sarcasm? What am I missing out on learning by recieving a gift?

Just a warning about sharebuilder. The $4 trades are automatic investments...some complicated structure in which you can only buy and sell on certain days of the week at certain times(if I remember correctly). Real time market orders are 15.95 and real time limit orders are 19.95.....the four...

I'm not sure exactly where this post belongs but I know career traders will be able to offer some useful input because of the expertise with risk management. Here it goes. I'm a 21 year old college student . As an investment, my parents bought a townhouse for me and two of my friends to live...

I used to read a couple of the message boards periodically for stocks that I follow and I totally agree. Maybe one 1 of every 15 posts had something remotely contructive and useful. Other than that it was mostly idiots treating it like a chat room to bust jokes on each other and pump other...

Welcome...In my opinion that's a good attitude to start with. Don't be scared of losing money because it will happen, as long as you learn from mistakes you can turn it into something positive. The good thing about guys our age is that we have our whole lives to make it up...I'm very risky at...

Ntforest....If the distribution of happy/unhappy people is somewhat similar between wealthy and poor....then wouldn't you rather be unhappy and rich than unhappy and poor assuming the same level of unhappiness?

How do you measure success? Is a single mother that works minimum wage to support her children successful?? As a mother...my answer would be yes... because she is providing a life for her kids. But does that make her successful in her career? Any scientist, politician, writer, stockbroker, etc...

I think you left out modern technology. And you never answered what you do for a living, Mother Theresa.

What do you do that's so fucking beneficial to the world? And what's wrong with wanting to be successful?, if everyone settled with mediocrity where would the world be right now?

Sorry I must've misinterpreted jllm, I agree with you on that one.

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What do you do now sledged?