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Today BAC went down by 2.2% again the bears win another round. Money is rolling down the street.

I totally agree with this person. If you really want to make money off of investing make sure you have real indicators on your side or don't short at all. Your becoming way to emotional about trading if you "must" be in a trade. If your a bear it's best to stay on the sidelines. If you can...

The market may not care how hard you work, but hard work is necessary to become successful at anything in life.

Good question it was in his personal biography Grinding it Out The making of McDonalds by Ray Kroc. You won't find details like this on the internet because people don't care to research deeper.

I can't believe average middle class families are still being sold on this Bull you call mutual funds. Screw that crap, I'm going to become a financial adviser one day and I would never diversify a person's account in more than 10 different companies. It's pointless and flat out stupid.

Looks like I didn't wake up before the market open, but BAC is currently up by 2%

Anytime traders know they can't make money on less volatile stocks they usually jump on board something more volatile like AIG, WAMUQ, and LEHMQ that's why generally they outperform on days the market does bad and do bad on days the general market does good. The behavior is quite simple, if...

whoa, so much yapping this was resolved a long time ago. It's just a question and now people are jumping and down over it.

Ok, looks like I was correct...but now the DOW has formed a hammer near the top. Will this market continue to go down? Most likely, but I'll have to find out more details on upcoming economic reports and see how the foreign markets react tonight. Until then I can't give an accurate analysis...

no one's saying anything :(

A retracement is where an asset has a possibility of pulling back or it might have a hard time breaking through that retracement area. For example a 78% Fibonacci retracement level is difficult for an average market to break through. A turning point is when a stock or underlying asset has had...

If I were you guys I would definitely short.

What in the hell are you doing with optionsXpress??? Don't go their if you want to earn money from trading. The commissions are the most expensive in the industry. If you want to earn cash trade using optionshouse or don't trade at all. The cost of commissions really add up with...

wow you buy a lot of time on your option contracts, I generally buy options with a theta of .90 and take advantage of the short term fluctuations of the stock with added leverage. Make money and dump it. I usually trade with a time frame of 1 month.

Let's see if my analysis is right! If it is :) which I'm pretty sure it will be I'll give myself a big pat on the back

Bank of America currently trading at $17.63 has formed a hammer and closed below support on 78.6% fibonacci retracement. The Dow Jones is trading at a major resistance level at 10,000 and Bank of America is a component of the Dow. The stock is currently overbought on Fast Stochastic and it has...

lol, I read that cnbc article and before I even saw the link I was like this dude is a total RIP OFF! oh WAIT!!! he has a link nevermind... :p Anyhow I'm listening to that song Put one food in front of the other on Youtube right now lol.... I think conviction when your failing is...

It wasn't meant to be a gamble I just err.... didn't pay attention to a small detail and that's the result. Next time, it won't happen again. I'm never going to use a limit order again when I'm anticipating a breakout in the morning. Instead I ended up buying a shakeout without having a...

oh, I see

No, but that limit order was bought while the value of the contract was going down in value and it went down all the way to 9 Dollars per contract. That order was not put their so that I can buy a falling knife.