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I'll give you a perfect example of how fear can wreck your portfolio. I bought one thousand shares of RS at 33.32, with a mental stop at 30.85 on 10/11/06. I purchased the stock because I am pretty positive the company will have an earnings surprise tomorrow. I watched the stock go all...

I would agree the absence of fear CAN be a killer, but only if you have no plan. Self-sabotage suggests that you DID NOT follow your plan and did something else. The most likely reason why would be fear.

Yep, that's all it is. Whether in the stock market or gambling, fear is the one emotion that is guaranteed to kill your profit.

Well all I can say is boy am I ever happy that I am a sucker as the profits just keep rolling in. edit: Who's the real sucker, the people that didn't take advantage of this rally and stayed on the sidelines, or the one's that were part of it?:D

Consider yourself lucky being a dolphin fan. You could be in Houston where we passed on Reggie Bush and Vince Young to get a worthless defensive end. I was ready to shoot our head coach when he mentioned after our slaughter at the hands of the cowboys that we are not going to get better...

Watch the mets and cardinals, that's what I'm doing. I'm bored too.:D

I'm sorry, but I cannot fathom a response like yours to a friggin one line prediction that the market is going up tomorrow. Don't over analyze a general statement unless you're just bored to death.

My prediction for tomorrow has no effect on the outcome of what my currently long portfolio will do tomorrow so how is that going to hurt me or make me a fledgling trader?

LMAO

Tomorrow will be a great day if you are currently long!!!

There is no way the fed is raising anytime this year. The economy is slowing enough already. So far during earnings season guidance has not been very strong which does not bode well for the market, but I believe the fed will stay out of it.

Personally I don't think this stock will make it to 35 but it has a great shot to make it to 33. According to Zacks they will report earnings on Nov 8th.

I couldn't agree more.

I don't see any haters. I see realistic people who know better. Everyone has to learn, and I'm afraid you will find it a very costly lesson if you trade with borrowed money. And yes, I am jealous, I really want to reduce my accounts to 24,000 and live with my parents.

I trade it quite a bit as well. It is a very predictable stock in that the first 100,000 shares set the entire trend for the day.

I went to the short well once too often on this stock. I covered today. It looks like this will continue its upward trend along with steel stocks.

Yes but he has found the holy grail trade with the trend don't fall in love with stocks adjust to changing conditions. Damn, I wish I would have thought of that. I could have been a multi-millionaire by age 20.

If that were the case all of the retail investors would be making a killing and the institutions would be getting slaughtered. I think you will find the opposite to be true. I am playing my own game. I am only stating my reasons why I play the game the WAY I do. I have statistics that at...

LMAO, I'm doing fine as a trader. I don't believe I am the only successful trader that uses mental stops.

I don't believe anyone mentioned this, and it's going to sound extremely ignorant, but I promise you it will work. Lie to yourself. Every single day tell yourself you are having fun in whatever job you have. Think about struggles as challenges. Develop achievable goals. It is a proven...