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My guess. The markets are falling due to BIS report and worries on China and Japan. It amazes me sometimes that some have no idea there are other people in the world.

These comments could have been written by Jesse Livermore. He came close to writing this same concept when he thought about who was feeding him the money and why.

+1 The most money in a gold rush is made in selling picks and shovels especially if you indirectly use HFT to do it.

It sounds like you answered your own question - day trading is not for you. Stick with what you like to do and can do well. A trading system is like a window - if you see the window pane at all, then it is not for you. Time frame is not the big issue in trading. Many people picking day...

For fun, try one of your old passwords for time to break: https://passfault.appspot.com/password_strength.html You may be surprised by the results. Most would be shocked how easily passwords can be broken. The point of a password strength is to buy you enough time for the information to...

Wise words. Traders can act as though they will never die but in life the house always wins! My wife also knows where all my current passwords are. I also have a sealed letter for her in her desk with the key trading ones, and a word document on her computer with screen shots. Every quarter...

Sorry to hear about that. What about a software tech like geeks to go or if you know the last password change date and can start it - system restore, or the safe mode on bootup start if you know the admin account password? Often these are defaults or set by the people you bought the computer...

I think your question is a great one. I have watched dozens and dozens of retail traders trade and burn out over decades. Options is the surest way to death for them in my experience. Two major issues I have seen. Options are a tool, not a way to spice up your trading capital. Some people...

Hayman, your call is looking pretty good so far. Well done, medium rare!

Impressive, but it makes one wonder how they pick the "dead rat smell" from all the other smells around their own trades?

Can you imagine how bad Gentle Ben feels. His "secret" strategy for buying stocks has come out and the manipulators have gotten bolder!

Yes and also no representation without taxation - pay for play?

The internet connects people to create a market of buying and selling that cuts out middlemen and brokers etc to a large extent. As a WAG suggestion, how about a world bank "owned" by savers (neither public nor private but ordinary folk) where seniors could choose from a bunch of of decent...

You misunderstand my comment I think. One of the things that allowed (some of) us to separate from the apes was organization and social grouping around 10000 years ago. We need a new pattern now since organizational control is not needed anymore with a new and better distribution channel and...

Isn't the entire process simply a move to a single World Central Bank? The internet gives them the power to control each person down to the smallest detail or power of equality and freedom for all. Which one will all of us get - Uptopia or Dystopia! Time will tell.

Didn't the US bail out European banks? Maybe all they did was threaten to call their loans in? I'll bet that has happened thousands of times before. A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain. - Mark Twain A...

Is there any irony here that expert (tattling) networks and insider (wiretap) trading are being used by the government to gain financial advantage (albeit not in the markets). "Live by the sword, die by the sword"

Strictly going by observation, shouldn't it be: spend when times are bad spend when times are good increase spending when times are really bad when things have been bad for 20 years max out you credit card and spend like there is no tomorrow while telling others please do not worry...

One fire sale option might be to sell Washington DC to China but there should be a clause that they would not be able to give anybody back for at least 100 years. The downside would be that there would be no effective decision making on matters of national importance. (Of course, right now it...

One potential Financial System change would be to ban the rolling over or swap exchange of debt (The Jubilee concept). This is also an unsustainable arrangement and a great enabler of corruption in my mind. Accounting games used to hide corporate and government debts for money (like some...