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That's right.. that's why everytime these religious people try to explain their god - none of them have ever met him, mind you - he is always painted as 'all-powerful, all-knowing, all-good'; because it makes us feel better that way. IF I have somehow cosmically miscalculated and there...

it DOES NOT assume the market spends 50% going up/down.. go and re-read what I said...if YOU enter RANDOMLY...that is, if you BUY or SELL randomly...

Forget it Cesko. Our friend Vlad was obviously brainwashed from an early age into the socialist utopia. (I know how powerful it is - you should hear the way my father talks about the 'golden days' of 1970s Yugoslavia...and won't believe a word i say no matter how convincingly i phrase it)...

Wouldn't that imply that the act of thinking itself is not possible without words? I disagree that without words certain things cannot be 'known' (understood). Words are only a tool for sharing our thoughts with others (although they do facilitate thinking). Certainly I can feel a certain...

I was originally gonna ask everyone (politely) to shut up.. cos this thread is giving away a lot of 'secrets'...'secrets' that actually help make money... but, then, after considering it a little more, i'm pretty sure most people will just ignore it and keep searching for ever more exotic entry...

That is correct. However, there is still a distinct difference in the levels of subjectivity of words and types of words. "Vehicle" is more subjective than "tank"; adjectives are more subjective than nouns, for example. There also exists a difference in subjectivity between certain...

What would constitute a 'valid' argument rs7? Surely it would be one that has evidence to back up its claim. Don't the results that history is screaming at us count for anything?

gee, hope i'm not 'overbought' :) Sowell's one bad ass... a close as you can get to 'right on the money' bad ass... unfortunately his 'bad-assness' drowns out his excellent message to exactly the people that need to hear it

Geez, I guess the lessons from granpa when you were 5 didn't really help much, huh?

What a pity for you, then, that neither lower prices nor any other 'benefits' actually materialised. In essence, what you are saying is that a few people are smarter than the market (and you're a trader! ). Why you choose to remain ignorant to the dismal failure of your 'brilliant' model is...

If you keep your profit target and stop loss the same, then, yeah, a random buy/sell would have a 50/50 shot of reaching either within the time frame you've specified. Of course you need to keep the target/stop loss within what is reasonable to occur in your given timeframe. For example, if...

or a bit of publias tao... (jokin dude :))

Darkhorse, I think it would be interesting if you expressed these ranges as percentages... perhaps you might draw a different conclusion from the percentage data (not being sarcastic - just sayin' :))

Don I think daytradernyc was referring to the physical aspect of managing those positions... like, i need to exit 20 losers RIGHT NOW... is there an efficient way of doing that? if i had to enter orders for each of them individually it would take ages..and i'd get killed with shit prices (by...

LOL. shit man,... 5min later i'm still laughing at that... (stupid sense of humor maybe?) Dark, I'm with you on the pointlessness of calling trading 'simple' or 'easy'.. it's way too subjective to just say "trading is simple".. and that calling something 'simple' is usually a sign you are...

Well comrade, i couldn't disagree more. However, these are age old issues, unlikely to be resolved by a couple of opinionated posters on ET, and I have a series 7 to study for. (in short though, (i couldn't resist), it is my opinion that most of the social evils that trouble you CAN be...

Even worse - hit Sell to EXIT a Short, especially one that's gone against you, only to realise $1 later that you doubled up. Ahh the pain... (then imagine doing it about 3 times in a couple of days...as I did start of March this year..:mad: )

That is why I said "up to a point"; a point where it doesn't make sense to take on more risk. Some risk surely needs to be taken if some reward is desired - that is even true of the act of sitting still and doing nothing. There are obviously no hard and fast rules about where the point where...

Sorry to keep talking politics, rs7 ( I AM trying to keep it 'simple' :)), but I can't let this one go by without commenting. I, as a proponent of capitalism, would prefer to help someone in such a way that he learns to help himself.(and I think that Capitalism, as an ideology, would do well...

oh yeah man... totally manipulated. what's wrong? your predictions of market doomsday not coming into fruition?