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I am a long term position trader. Sometime I hold positions for years. I win about 40 % of the time and for awhile in 2001 I had 19 out of 20 losing trades or maybe 29 out of 30 losing trades. I stop my losses and keep positions small so my overall loss is only a few percent of equity. When the...

Are things better in Argentina now compared to year 2001? I read very little news about Argentina in the USA media, know little about the situation.

Detroit area sales are very slow. I think business here is slow and generally speaking people do not have money to buy houses.

I'm in! Wahoo! I hope price keeps going up.

Even if I use a mechanical system I still have to select the securities to trade. I have to decide how much risk I can tolerate. There is always a discretionary component in my trading.

Test the system on different time frames and you can discover the answer. I write programs to backtest trading systems. Some time frames are better than others. Each method is specific to a market. Each stock is different and my methods are optimized for each individual stock. Methods don't...

Man if I could read I'd be outa here.

It's not only Americans that buy a lot. I read on the web the Germans and French are enjoying their credit cards also. People in Argentina had lots of fun about 10 years ago. The only guy with any money is me cause I never go anywhere or buy anything. Please post more of your trades so we...

I'm a creepy old man and in the past 40 years nothing I expected actually happened. The markets are unpredictable. Remember the stock market crash of 1987? The crash caught lots of professionals by suprise. So don't get excited about this China stuff. Or the big USA debt problem. Or the war. Or...

I hope GOOG goes to $ 4000 / share. I own a little of it.

I think somebody does not want the stock. Neither do I.

Sell it short and find out.

I just do the opposite of what people on this forum say they are doing and usually I make money.

I use trendlines as a guide. They work well. I am having trouble coding trendlines into my trading program. Other things such as moving averages are easier to code and provide much the same information as a trendline. For example a 50 day moving average is often close to a 3 month trend line. I...

I checked into it a little and if all your investors are within the same state a lot of SEC rules do not apply. If there are only a few investors then some rules do not apply either. Corporation, schedule c so capital grows without being taxed until someone withdraws it. I have to reasearch...

Light volume. I expect GOOG to fill the gat at 325.

Why does the Fed even bother to change rates? Rising prices and shortages slow down economic growth. Why screw around with something that is not broken?

I do not think it wise. My testing shows each security has it's own character. A 50 day moving average might provide good signals for one security but poor signals for another. Some securities are so new that I can not decide if any method is good - there just is not enough trading history to...

Something always looks good. I can never tell what is going to be a big winner and what is going to be a loser. I just keep placing rational bets and sometimes I make money. What industry groups are leading this bull market?

If we were in a big bull market you might make money and people might call you a financial genius.