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I love Mozart too, but Johann is a distant 3rd behind Ludwig and Wolfgang.

Beethoven's 9th.....best classical piece in history.......great background music for thinking......

The key thing is that you have your wife's support and that she understands that there are risks of losses involved. After that, the less you talk about your results (good or bad) with her in "real time", the better. When I went out on my own and started trading, my wife agreed to not even ask...

This isn't a bullet. A bullet is: long stock+long put+short call. What you have created is a synthetic ORCL Nov 12.50 Call, which in reality closed at .05 today.

Mariana Trench? I used to date her.....

Nothing like needing to gain 1900% just to get back to breakeven.....

I prefer hearing W's "nucular" to Jimmy Carter's "nukeeya"

Hell, NO! That statement is akin to saying the market has bottomed, and people have been saying that for the past 600 S&P points and 3000 NASDAQ points. Maybe it has, maybe it hasn't, but the point is, we dont' know. What if this lasts another year or two? Do you want to lose another 25%? Then...

A few thoughts: 1. You have been trading from the long side only in the middle of the worst bear market in 25 years. Why? If you are ever going to be consistently profitable, you need to learn/be willing to go short (trade with the trend). 2. Do you have a method with an edge? That is, do...

In general, I think of losing as an unavoidable component of the process of winning. As such, a loss therefore has no implications regarding me personally, or my ability to make money as a trader. You will never be able to eliminate losses from your trading. Beginning traders fixate on tweaking...

Yeah......Right.....

I know there is software & freeware available at the CNET website that is supposed to be good. I use ZoneAlarm Pro as a firewall, and it has a pretty good ad blocker built in. I would estimate it stops about 90% of the stuff that was hitting my screen before I used it. I have heard others...

Plenty of room for some discretion......Mai Tai, or Pina Colada?......lobster, or cracked crab ? I agree.....I had my best month of the year in July, while vacationing in a cabin in the Rockies and backpacking during the days.

I am totally sytem/mechanical, and Traden4Alpha lists the Pros & Cons better than I ever could. I am in total agreement with this, and while I am not an engineeer/scientist, I tend to think like one, so I get total joy from experimenting with and testing new systems, while also looking for ways...

Just curious, did you have any other reasons for selecting this trade besides an anticipated rally from an Iraq "Agreement"?

First of all, I don't think 'top traders' have many beliefs about the market itself. They recognize the unpredictable nature of price action, and have conditioned themselves to react to what they see the market do, rather than have an opinion about what it should be doing. Instead, I think...

Here's another generality: One man's "practicalities" are another man's losses Trading successfully is such an individualized art that knowing another persons specific technique is of little value. You must make your technique "your own", thru practice, observation, brutal self-assessment...

Trading in the Zone----Mark Douglas Trade Your Way to Financial Freedom----Van Tharp and....despite the stupid, cheesy title: How I Made $2,000,000 in the Stock Market---Nicholas Darvas This last book, despite the title that sounds straight from a seminar/infomercial, is an...

Very cute....Proves the old adage: "Assumption is the mother of all screwups"