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  1. M

    Preparing to make the move to trading full time

    reality is that you just 'found' a way and think that s it. Well it is not. You are likely in drawdown period astoo many people found the same way, including machines. There is no substitute for experience.
  2. M

    Preparing to make the move to trading full time

    why bother trading 16 hours a day, if you can end all in couple of trades and have a real life ?!!?! i mean, if you reall ythat good. Which i suspect you are not :D
  3. M

    Preparing to make the move to trading full time

    if you cant scale up like this you are not ready ! You are dreaming.
  4. M

    Preparing to make the move to trading full time

    just cut the crap. If you have 70%+ win rate and you can scale up, bet 10% of your NAV. After you win reinvest all the winnings in anotehr trade and it is all over. you are rich.
  5. M

    LNKD- Linked In

    oops, i meant facebook. shows, i am not really user of these things.
  6. M

    LNKD- Linked In

    what is your take on twitter float ? if lnkd collapses, twitter float will be jeopardised. I think they may just buy it themselves as that float is many times larger, i understand. Spend 1B supporting stock so that they can float twitter for 50B instead of 30B. Adds up ?
  7. M

    There is talk in the market that China may be contributing 700B EUR to the EFSF.

    chinese will do it bit by bit. water torture stuff. eu has many BRANDS. Chinse can put real face on their head - QUICKLY - by acquiring them. only japs have credible brands as well. due to history jap brand may not be desirable for chinaman still thinking how to play this.
  8. M

    50k to 500K in 10 (ten) trades

    bit of technical analysis.... there are 2 occasions of double bottoms before current one in SP. one before 2008 and one during crash. bit of geomerty and current one resembles more one in upswing. It is moving up faster. Upswing from low point around 50%. This nicely fits with...
  9. M

    How much does life costs where you live?

    duno exact numbers for sydney but this are my observations. one should be happy to save 40% of net income. For this to happen, growing family of 4 needs total net monthly income around 25K aud in sydney. This is rougly 6x average incomes, so people in city must struggle. Use of debt...
  10. M

    China pushes into seawater distillation

    CLEAN water more important than nukes. how easy chinese get up to date technology and build from there.... no doubt chinese innovation talent will excel here as well. Whites long gone from the podium of innovation. No Teslas there.
  11. M

    Miracle find of 55 billion Euros in Germany!

    part of Miss Merkel plan how to collect shorts's balls in a truck. All women skewed nimphomaniacs.
  12. M

    Portugal is collapsing.

    amazing ! how desperate shorts are :D :D Advice for you all : cover on monday :) :)
  13. M

    50k to 500K in 10 (ten) trades

    swept first bit of profit in usd. next one if it arrives, probably usd as well. there seem to be awful lot of shorts or money sitting in cash, possibly exiting after break down. See hedge fund statistics for october. They have not moved up in october. Chinese going up, japs some...
  14. M

    Would you rather Trade or Be Rich?

    swing trades you mean ? day trades - you may be surprised ... machines make sure there is no such thing.
  15. M

    Hedge funds missing out on the bounce

    i am truly up 5% this year in my longterm portfolio. exited recovery from 2008 at pretty good average price but reentered not the best way. Low point was around -10% so far. Not too bad, comparing to these guys. realised that fund managers on average are substandard and they don't care...
  16. M

    Greece is the 1st to fall in the establishment of the 4th Reich?

    she surely knows how to use excel. and run some monte carlo to hang shorts by the ball :) hope anglosaxon presidents can match 23% of her intelligence.
  17. M

    50k to 500K in 10 (ten) trades

    brutal :eek:
  18. M

    We Europeans showed tonight that we reached the right conclusions.

    not too quick. EU is in trouble longterm.
  19. M

    Australian housing bubble thread

    why would anyoune stop cashflow if profits are important ?!? http://www.theage.com.au/business/nab-drops-court-case-on-evicting-tenants-20111026-1mk4r.html Hope these guya are not using your super money to buy houses and lock them away so supply doesnt go overboard. :D :D
  20. M

    50k to 500K in 10 (ten) trades

    i dont trust charts. especially in century of machines and phds without a clue behind them. i dont do breakout trading anymore. And hate margin. However, after a bottle or two of good wine, have a look and charts make sense. Comparision of asx in '87 vs '08, continuation. All markets...
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