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  1. M

    Trading for a living OR Trading for a fortune

    I don't doubt that the US will see some very hard times ahead given the fiscal irresponsability of the past 6 years. The US comptroller is going around the country saying that in order for the US to meet its obligations taxes are going to have to DOUBLE. Each man woman and child's portion of the...
  2. M

    Trading for a living OR Trading for a fortune

    Ofcourse you are correct, trading is like any other entrepreneurial venture, very hard work and fraught with risk. The less well capitalized a trader is the harder it is just as with any business. Trading is one of the harder business to be successful at, RE is one of the easiest. Trading...
  3. M

    The Surf Report

    It makes me nauseous to see that record of shorts having made that mistake myself many more times than i care to remember (in part I think because one of my formative trading experiences was the crash of 87). However, I also know what it is like to be on the losing side of a trade for a long...
  4. M

    Can you hit your own bid from your other account?

    Losses in the one don't translate to gains in the other, other market participants may have something to say about your little transfer scheme.
  5. M

    Picking Tops.

    Nice to see that someone has the right idea, nice trade Learner. There's many on this board that could learn from you.
  6. M

    Did another hedge fund blow up??

    Have a problem with rich Asians, too bad. You better get used to it though as there will be millions more in the future.
  7. M

    Timing Journal

    This is a market timing journal making directional calls with durations of a week to 2-3 months. The positions will be traded with a combination of stock and options. I am actually trading these calls but not necessarily at the prices that I will use for the purposes of this journal which will...
  8. M

    Art thou shivering yet, (r u scared yet)

    Ofcourse there is risk, just like there would be risk if you saw a break and shorted it. A professional trader manages risk by employing proper size and money management. This is why a professional can make money in bear AND bull markets. This whining about the market going straight up and not...
  9. M

    NDX

    Good luck, you will need it.
  10. M

    Short pain...

    I agree, there just seem to be a disproportionate number of them on ET. As I mentioned I have gone down that futile road myself in the past and just wanted to give others who are in that mindset a wake up call.
  11. M

    Short pain...

    I get the sense that many who are calling for new records everyday are being sarcastic and are actually short or want to be short. Guys, this is a complete newbie mistake and believe me I have made it myself in the past but you have to get over it. It is true that one day the market will turn...
  12. M

    What is happening with Asian futures..?

    Where do you think the money coming out of Asia is going to go? The $ strength overnight should give you a clue, look for another record close today. Another gift.
  13. M

    PD

    Hope you are still in it, nice call.
  14. M

    Big Fat Doji on the SPY...

    Guys, today and so many other days like it last few months have just been gifts. It works until it doesn't, take advantage of it. When it stops working you may have a losing day or two before you get the message that you need to find a new strategy but until then buying the dips works very well.
  15. M

    Big Fat Doji on the SPY...

    I am not into candles but doesn't a doji need confirmation to be bearish? I don't think you are going to get that as this market looks like it will likley rally in to the close today and hit a new high Monday.
  16. M

    Hpq

    Sorry to read that bit. Almost saw the 38s today.
  17. M

    Doublea's Journal

    Increase leverage increase fear, decease leverage ie no futures or smaller position and you will be able to hold on to positions. So many people who might otherwise be good traders get done in by fear because their positions are too big for where they are on their trading journey. It takes a...
  18. M

    Hpq

    Looks like I was right, not sure if it will go down as far as the 37s but it should probably see 38 soon.
  19. M

    Is trading Gambling or not .."What say You" Vote here.

    Depends how you trade.
  20. M

    I`m here !!!!!

    Torna al manicomio scemo ti stano cercando
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