ok, so i read:
<b>Jim Cramer calls Ron "the most trusted commentator in the business with the best sources I have ever seen </b>
and all i can think about is this:
<b>Jim Cramer: âHe is one of the great ones in this business. Lenny Dykstra.â HBO: âLenny Dykstra?â Jim Cramer...
if you feel there's a problem, you might need to do some of the following:
-> wider stop with smaller size.
-> better entries.
-> better (or different) setups.
-> be careful with positions when there has already been many levels of a big move.
what above ppl say is correct; you can...
nah - it's an excellent book for beginners. if the OP got all he can out of it and has absorbed all the book can offer, why not sell it to someone else?
oops, not the story he wants:
http://sports.espn.go.com/mlb/news/story?id=4084962
and he STILL pretends his DOX losing -200,000 trade never happened. if only i could not count my losers, i'd be insanely wealthy.
yup, that's when i stopped using ebay. although i had been backing away from it for a while as both a buyer and seller from their asinine decisions and policy making.
i debated sending a letter to the A.G. - because ebay is "just a venue", they can't make paypal an official policy (even...
same here...also, their site has other problems, because when you try to log in to see the short list, it craps out with an exception decrypting error.
(edit: i'm on the older version, .4, not .5 - ppl with .5 have the same problem?)
i *never* look at my pnl when i'm trading during the day. i've turned off columns that show individual positions other than size because i've found it can negatively affect me.
if i'm screwing up or trading well, i know it without looking at my pnl.
have a feeling that the comments (from ppl like us) will be irrelevant.
there were a TON of regular people who submitted letters, comments, etc. to the sec when they opened the PDT rule for comments.
however, the impetus for this dopey rule came from higher-ups...
so you can guess the...
SPY on dec 31, 2007: 146.21
SPY, dec 31, 2008: 90.24
difference = 55.97, (divided by) 146.21 =
-38.2%
so not only does it not "trump" the s&p, it doesn't even beat it.
cramer: worse than sticking your cash in a tin can and burying it under boards in the shed.
IF he had doubled down on INTC like he did on DOX (where he bought double his position at 25-30c, with a few weeks to go before expiration), he actually would have been profitable, and likely exited, his terrible investment.
cramer's performance for his action alerts portfolio, 2002-2008, was a loss of 11+%.
how ANYONE can call him a good stockpicker, much less an expert, escapes me.
the funny (sad?) part is when he had his big loser on an options trade...at first, he said he had sold it, but when that was exposed as a lie, he just removed the "losses" from his scorecard:
http://thelennydykstrareport.com/news/?page_id=80
right now, wins = 250k.
losses = 200k. (1...
i have those from time to time. some is because of the nature of how i trade, some is because i still (even after nearly 10 years) lack complete discipline.
if i lose a large amount of money (relative to what my profits usually are), or am forcing multiple trades / forcing size where it...
still doing the "i never recommended bear stearns" line.
maybe not specifically on mad money, but the very same day (march 11) as his infamous cnbc mention, he had this doozy where he said to buy bear...