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I feel your pain! Back before I knew what I was doing, I used to do a similar move when I saw a position going against me. I thought it would "come back" and I would make a killing in the meantime! Wrong,Wrong and Wrong again. The things I learned were golden: Before you get in, know where...

TD Ameritrade now owns thinkorswim and they have no minimum to open. You can still get the same great service and they have now upgraded the trading platform as well!

And the worst part is he may not be a trader at all! I personally think he is an unemployed, government living post jockey who gets his jollies from attempting to bring down those who have serious goals in life!!

If you had any knowledge of trading , any at all, you would overlook such trivial matters and actually see the importance of what was posted!! But then again, you are posting some millions of posts on a web site and not actually spending time trading, so the default is my own in that regard!

tHERE ARE PLENTY OF PEOPLE WHO SUPPORTS THEMSELVES TRADING!! PLENTY!! iF YOU KNOW HOW TO TRADE, HAVE A GOOD STRATEGY, HAVE ENOUGH CAPITAL TO RISK AND CAN STAND A LOSS OR 2 OR 3 OR 4 THEN YOU CAN MAKE IT TRADING!! a GOOD STRATEGY COUPLED WITH KNOWLEDGE OF ALL OF THE MARKETS IN SOME WAY OR...

Don't ever, ever give up on your dream of being a trader full time!! That has been and still is my ultimate goal! What i'm doing right now is trading as I learn how and when my capital, not the time, is right, I'm out of there like an Amtrak train!! What I would do right now is get my trading...

That's strange: I made a profit in my 3rd month of trading. In fact, i'm profitable right now as we speak. It's not the maount of capital or the years of experience, but how well defined your trading strategy is: how well you understand the markets, etc. You could be trading options and making a...

Looking at all of the othe systems that I use on a regular basis, this one looks like something that I could get used to using. i mean it is something new and differnt, something challenging. Let me see if I squeeze a play or 2 into my regular routine. wouldn't hurt to try something new. Hell...

IS IT ME OR DOES IT LOOK LIKE THEY JUST TOOK A PAGE OUT OF THE U.S. ECONOMY FROM A FEW YEARS BACK?

THIS IS THE BEST EXPLANATION FOR THIS MOVE THAT I HAVE GOTTEN IN 28 POSTS. THE FACT THAT YOU SOLD THE OPTION EARLIER NEVER OCURRED TO ME. THANK YOU SOO MUCH FOR THAT SIMPLE EXPLANATION. THAT MAKES VERY GOOD SENSE NOW AND I WILL TRY THIS MYSELF.

Help me out here: how is it that you are covering a short position by buying put options? If you are the option buyer, then you want to sell the underlying back on the market at the higher price as insurance against the stock decreasing in price. Why would you want to purchase an option that...

I have often wondered that myself. Especially considering how much the option gains in price movement to the underlying. The only real answer I could come up with is someone who knows nothing about option trading and just buying what they think they can make a quick buck on. There are some...

In saying that, you are implying that you have never had a losing trade, which would make the markets predictable which in turn would make all who know how to follow trends 100% winners!! Am i reading this right from you?

i agree with you 100%! We must have had the same fellow teach us trading and system development. The vast majority of traders want something that works like clockwork, when in reality the markets don't work like clock work. The best system is the easiest to apply and adapt to! those are the...

THE FIRST PART OF THE PROBLEM IS THAT YOU DON'T HAVE ENOUGH TRADING CAPITAL TO GO FULL TIME. IF YOU CAN'T MAKE A LIVING ON WHAT YOU ARE EARNING NOW, YOU NEED TO STICK WITH THE MONEY MAKER UNTIL YOU CAN BUILD UP ENOUGH CQAPITAL TO WORK WITH. YOU NEED TO BE ABLE TO TAKE MASSIVE LOSSES UNTIL YOU...

I have no problem with that at all. I would have myself had I not known what I know now about trend trading and watching the charts!!

PRICE IS REFLECTIVE OF MOST MOVES long before THE FUNDAMENTALS ARE INTRODUCED! THE LESSON HERE IS SIMPLE: YOU CAN READ A CHART AND FIND OUT WHICH DIRECTION MOST MOVES ARE MAKING BECAUSE IT IS ALREADY REFLECTED IN THE PRICE OF THE PARTICULAR INSTRUMENT YOU ARE TRADING. SECOND LESSON IS SIMPLE...

Does anyone use a charting software program/package that is similar in nature and content to Telecharts? I've been using it for a few years and I just want to see if anything else is comparable or comes close to this outstanding software package!