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to house related sectors, very BEARish market, close your eye and go short to commiditiy related sector, very BULLish market, go buy as much as you can to tech sector whether computer related or phamercetical related, some bears and some bulls, avoid them as you can if you do not know...

I once had a big drawdown on BSC, killed 60%+ of my account. I made mistake since I did not realize I already withdrew 80% of my profits in the account, I was forced to take the loss by IB without any notice (exceeding day trading margin). if they did not kill my position, I should make lot. my...

I am an impulsive trader. the test really means something. I trade randomly, without any plan, trade what I see or think to trade. everyday I traded different symbols, made money and move on, lost money and move on. lik today in the morning opening, I was shorting DAKT at 19.97, covered it...

before you quit your job: think about this: the market everyday is just new, even every minute/second, for example, you bought 1000shares of a $30 stock, then the stock dipped $0.3, what you do? kill it and eat the bullet, or hold on and wait to see ? if you hold on, another $0.1 dip...

can you losers stop predicting and do some productive trading? Do not be obsessed with market anaylsis or predication, try to outsmart the market, it is sure way to finacial suicide

made almost $50k on MXC, FPP, & PDO today, the most pleasant thing to do is ride a big movement in the right direction! the more you short, the more it flies since you believe the market always has a top, when it starts to fall, I can bet always those same guys, who will claim " it will stop...

could you tell us why you did not short the 2000 market and the house bubble market? actually the market slides so much not just in one day, it took several months, that means you have plenty of opportunities to short, why not short the market in the down side? you may think it is too low, but...

moderately bullish is good, you can ignore those temparay noises, but you can suppose everything will be always good! case 1: if crude goes up to $300, I think there is no economy at that time since no one affords to driving to work case 2: if a natural disater hits nationally wide and...

how about QQQQ, you bought it at 120, now 49 how about RHD, you bought it at 80, now 7.5 how about crox, you bought it at 70, now 11 how about AMD, you bought it at 40, now 7 how about ABK, you bought it at 120, now 4.3 how about BSC, you bought it at 120, now 10.3 and those belly up like...

say goodbye to trading, you will be great. find something more productive to do, make life meanful. I strongly suggest you quit this effort. Jessie Livermore, a great trader in old times, he commited suicide. he went broken several times, he did make lots of money but he failed. trading is...

if you feel puzzled, that means you are out of sysc with the market. think fundamentally, look and act technically. the market already bottomed, news media/expert/econimists always lag, they want the sure thing.

paper trading is just nothing. because the loss is not real. from your descrition, you used technical anlylsis to form your trading strategy. I think technical anaylysis/chart really worth nothing. I doubt if you can survive merly based on support/resistance trading if you do not have any...

I traded lots of news. for fund management, I would buy something or short something in trend, one way you have lots of money, you can not move around quick, so you must stay there by scaling in or scaling out in a long time horizon, the market better moves slowly/gradually or in a wave kind of...

that is human nature. when you make higher income, your friends at your former income level will disappear. since you get higher income, you may get a bigger house, get a fancy car, while those things may be easily obtainable to you, but it may be hard for them... why bother to keep friendship...

just leave $5000 for trading. when I started to do trading, I doubled three accounts just overnight (my roth IRA/my wife's and the joint one), then I made a big mistake, partly too excited and encouraged by my wife, I started to move my more saving to the brokage firm and want to make more...

the big problem with you is you do not trust yourself, you are not tough enough. if you shorted a rally and think it will go down, then calm down and sit there tight, even against you, if hit margin call or hit your loss limit, get out. ok, no problem, next time, see a huge rally, just do it...

let your money rest a while. watch one market, just one market at least three months and do not touch it. try to gain sense about the market you selected, until you feel you are in sysc with it, then start to trade it with your sense. I normally just focus on those panic sell and hype...

what is your averaging price? looks the general market is bottomed, so with this retarding stock. since it dropped so hard, I would suggest when it touhs some kind of moving averaging, kill it and move your money into some kind of strong up trend market or simply put your money into some ETFs

I know some grea traders did that, like Livermore, Martz,... almost from nothing. I would suggest you just trade penny stocks, those under 3 dollars. this week I bought ABPI at 1.35 with 1000shares in the pre-markt and sold it at 3.03, then shorted 1000shares at 2.5, bought it back at...

do not ask those questions! when you ask those questions, you lost! the questions themselves mean you are looking for the answer! the fun thing about trading lies in the paradox of uncertainties. it is an odd game. that means, under what kind of situation, using what kind of indicators, if...