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parabolic blow-off top incoming!!!:D

I know right. Amazon is great to buy books cheap buts its a crap stock. I just bought like 10 books from amazon but if I had to take short or long Id much rather be short than long.

i love how ppl that got lucky in 2008 complained of the low volatility in the POMO-rallies in 2010 and 2011. it makes it obvious they didn't start trading until 2008.

also depends on per year profit i have one with profit factor of 10 and winratio of 95%, but winrate per year of only 5%, 4 times lower than Buffett 20% per year. Its a tradeoff. you might say why not scale it up? well i would but very low trades per year its not smart to do because of...

both guys seem to have this mental disease

This is why a wealth tax is a good idea. like 2% wealth tax per year for wealth above 50k. capital gains tax is too complicated. I love not having a capital gains tax in my country :D

what goes up, wil go down!!! we are OVERBOUGHT

LOL the index just printed 1500+. amazing. if you look at the price history, we were in a bull market since 2009. How did i miss out on that???:(

There is nothing wrong with 60% tax rate... as long as you get something in return, like entitlements. The problem is the entitlements in Europe are way higher than in the USA, even though the tax rates are similar. Where does the money go? Ofcourse, to foreigners. USA has tons of military bases...

I;'ve got a confession to make: I never made money trading discretionary, in fact I lost the most money on discretionary trades. I've only made money whenever I was trading a mechanical edge that was backtested by computer in advance(and sometimes forward tested).:eek: my anecdote seems to...

new highs for this bull market even though debt ceiling is in 5 weeks or so. Insanity!!!:mad:

we need a War on Debt

The problem is that you chose trading as a life's path. Once you thus make the next trade, you need that trade to be a winner, to validate your decision. Especially after a string of losers. Because if the next trade is a loser, you might have chosen the wrong life's path and thus fail in life...

yes. http://mam.econoday.com/byweek.asp very handy also for FOMC

Revisit 1391.25?????????:confused: :confused: :confused:

programming is easy... trigonometry is harder than programming. it's just repeating the same lego blocks over and over again. ofcourse you can optimize and it becomes complicated, but you dont have to do that. simple but bloated is best for you.

It's easy to download a premade excel spreadsheet that automaticly or based on button downloads historical data or 15 min delayed intraday data from yahoo. I found multiple spreadsheets that did this when I googled.

Wow whenever I log into IB i get an alarm at rollover.. who needs calendars!:p

oh.. wel does somebody else maybe have a stop in place last night? I dont use stop so can only wonder how they work during these crashes:confused:

yeah no need to gloat. though if the guy does post it would be interesting to know where his stop got filled. 1400-ish or 1390-ish.