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    Questions About Being A Trader

    OK, but I'm assuming one has a workable system with an edge and a money management scheme so you don't become scared or uncontrolled. I just do the same thing week in and week out, CNBC be damned. I keep doing it whether I have an up week or a down week. Over time, it is profitable. It's a...
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    Laptop Recommendation?

    :D
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    Questions About Being A Trader

    I hesitate to fill the OP's head with these kinds of fluffy thoughts. The romantic stuff is nice, but it should not be paramount. Yes, while "on the journey" you have to find your demons and successfully tame them to succeed at trading. But some of us trade to make money (yes, really!!). If...
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    Laptop Recommendation?

    OK, now I can die. I did not know anyone traded by candlelight. I'm going to try it. Congrats on your new baby.
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    Questions About Being A Trader

    Both are necessary: paper trade, and lose real money.
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    Questions About Being A Trader

    It wasn't easy to get started 40 years ago, either. It was never easy, and it still isn't, but I constantly hear its-not-like-it-used-to-be as an excuse. If that were true, then nobody these days would ever "make it." But some do: those who are determined and ambitious (and fortunate enough...
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    Questions About Being A Trader

    I am 60 and I'm here to tell you that life is *not* over at 30, or even at 60. I hope to be as lucky as my dad, who was still running his own business at 90. However, dbphoenix and JTrades are dispensing good advice. You need some experience and a backup plan. Get some kind of job, if...
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    Laptop Recommendation?

    Well, you don't need to drink the whole bottle. You might come unhinged, like your Toshiba.
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    Laptop Recommendation?

    Woodford Reserve. Diet 7 is OK if you don't want too much sugar.
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    Laptop Recommendation?

    Toshiba was a good little workhorse, too, until I spilled a whiskey and 7 on her. Laptops do not recover from hangovers.
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    Laptop Recommendation?

    I love my Asus, but my Acer is a POS.
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    Why Hillary can't be President

    I don't think there are many people who vote for someone based on skin color or gender. I'm a woman, and I don't know any women who would do that. The Republicans do not have the electoral votes in the right places in great enough numbers to win. The right is split by the Tea...
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    Position Trading - getting comfortable with size?

    It's brick by brick, my friend. Start with the amount you are comfortable with, add a few % to it each month till you get where you need to be. Work out a slow schedule with yourself that your think you can live with.
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    For Profit Colleges

    They have come under criticism about student loans and no jobs at the end of the schooling. I guess there is fear of the govt. taking it on and making new rules. Uncertainty.
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    Tastytrade

    Payoff (also called expected value) is the right thing to be analyzing. Probability is only half the information.
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    Tastytrade

    I trust no one's backtesting except my own. I have backtested this "blind" method, and once I accounted for volatility, there was no money in it. If, however, you can do better than a coin flip at guessing the direction of volatility, then you can make money.
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    Living Frugally to Retire By 40? Mental Illness or Smart ?

    Ha. I'm the only doctor in a family full of attorneys, and the only one who does not think that arguing with other people is a profession, a hobby, or a vocation. I definitely don't understand them, and they don't understand me.
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    Tastytrade

    Hey Vix, Hmm, I think we might be making this too complicated. Maybe we are even on the same side--let's see. My argument is not really related to whether another person is taking the exact opposite trade. So let's just look at a less complex case. When we are dealing in condors, short...
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    Tastytrade

    Please explain to me why, if there is such a trade that "systematically" works, why there is anyone on the other side of it.
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