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That's a smart way of trading. If you're down a little you have to take the loss - because if you continue to trade you can very easily continue losing then get really reckless and suffer a catastrophic loss. It takes great faith and confidence in yourself to accept a loss - knowing there are...

You can't compare a casino - an institution with a HARD EDGE with an individual trader with a soft edge assuming an "edge" even exists in trading. 90% of traders lose and 90% can't walk away from the action no matter how much they are up or down for the day. That tells you something.

When I traded at a prop firm - I never saw anyone leave early regularly so I'm assuming almost all traders 90%+ don't like to stop trading until the market closes. To me that's a sign of being addicted to the action, and not having a goal driven focus.

cash is king inflation is negative (deflation) for the first time in decades banking system is insolvent so treasuries are the safest i wouldn't be surprised to see it go even higher levels

LMAO - you guys are being duped snowhite is the smartest guy on ET He knows that threads like these get the most responses. He is just phishing for trading tips and emotional support after a big down day - but I bet he hasn't really blown up. Besides the guy has like 500 other aliases.

First of all this tread is geared towards daytraders and not investors or swing traders. Now every trader knows that fear/greed is the enemy. Usually when having a losing position if you allow fear to possess you: you hold and hope to get even. You may even average down. Eventually you...

Hey - if you believe in love then I have a romance novel to sell to you :D. Yes, I view a pre-nup as a stop loss. And Karol - a guy can be a misogynist and still be 100% respectful towards his woman. Similarly, even a feminist can fall madly in love with a hot piece of cock.

Those guys are losers that sell seminars - kinda like ex-traders that failed at trading and resort to seminar selling. I watched a documentary about dating and there were some PUA guys there and out of 60 interactions with women - all failed. The PUA game is like indicators - it works...

A new question came to my mind: Lets say a man gets divorced and he is paying 5k/month for spousal support (limited due to prenup) and is paying court ordering 10k/month for child support. Now is the 10k/month in child support required to be spend on the kids? Or can the woman go on a...

I'm in NJ. I'm not sure how your ex didn't get anything but a fishing rod unless you had a prenup. I'm looking into the trust thing now - it seems interesting. If I create a trust and I'm the sole trustee and the sole beneficiary - is that a good way to protect my ASSets? I'd like to...

Exactly. Any guy worth more than 10 million that pays a matchmaker 250k to hook him up with a dumb gold-digging coke head deserves to lose every penny. The key to marital happiness is finding a traditional, submissive girl with good genes and using all types of mind control to keep her that way.

That's the kind of culture we need to be a great culture again. But instead, today women are dicks and men are pussies - a complete and disgusting role reversal. All I want is two kids that are my own. Once I get that, she can fuck whoever she likes - I don't care, I'll never touch her...

So lets say, for example, if John Paulson was divorced and had a kid. When he made 2 billion in 2007, if he had a kid and had to pay 1/3 of his income as child support then his kid would be entitled to 666 million? That's why I asked: is child support based on need? All a child really...

Protect your ASSets fools. All you need to do is nail one huge Bull/Bear market in your lifetime to be rich. Don't end up fools like Paul McCartney, Russell Simmons, Steven Spielberg, and millions of other guys.

To you guys that say don't get married - if every guy listened to you the human population would implode. And it would be a dog-eat-dog world (more so than it already is). Marriage is a contract so you just have to make sure you enter it in a way that protects your ASSets. I have a few...

You're very naive about human nature. No act of kindness ever goes unpunished. Humans are a very selfish and shady bunch of critters. You can't trust anyone. Especially when you're rich.

Can a person trade from a swiss bank account? This article makes it seem like you can with a Swiss Numbered Account: http://www.essortment.com/all/howtoopenswis_rjiw.htm

Here are the terms I want in the prenup: - No financial support for the spouse if either of the following conditions are true: (1) the marriage lasts less than 3 years (2) there are no kids - In the event of a divorce the girl is entitled to 50% of my earnings after the marriage but she is...

I think this is the best solution if there is no prenup. But if the girl's lawyer subsequently finds out that I've been hiding assets - he'll probably come after me again and there would be another trial.

Too be honest, I'm a misogynist . I've never met a girl I respected. They are all shady pigs. That being said, I don't want to be alone and its nice to have someone to cook and clean after you. Kids would be nice too. Marriage is an unavoidable issue when you're with a girl for a while...