Search results

  1. T

    Someone gives you $50,000. Where do you put it right now?

    dead money, I smell it. loan it out like subprimie morgagte
  2. T

    French Bank Trader Bet Tens of Billions

    averaging down is not suitable for future since there is time term related to future. in most times, it is ok to do averaging down if you limit your risk to your planned level. but if you did not plan it, often you end up caught, and you are broken. why? first you suppose " the market...
  3. T

    French Bank Trader Bet Tens of Billions

    that guy must have the worst trading skill: averaging down. when the market down, keep buying, keep buying.... gee, I once heard a trader put a bank into bankruptcy that is really a warning to all of us: gamblers or speaking sweetly speculators
  4. T

    I hate it when i dont make money on days like this...

    your first rule should be " No Loss, defense first", not be tough about yourself " I just made measly $110". when I saw the huge gap up today, I felt it is way down, so I shorted the market, covered it at yesterday's closing. I feel happy about this, though if I continue to hold, I may...
  5. T

    could/would this ever happen-SERIOUS

    at that stage, the goverment will take care of everything: they will build houses, then they allot it to you based on your family size, at the same time, there is no labor market, the goverment will assign your jobs and you get paid teh same rate, you will put on the same shoes/clothes or...
  6. T

    could/would this ever happen-SERIOUS

    that will finally happen. according to Maxism theory, the next steps of Capitilism is socialism, then communism. since we accumulate too much wealth to that point,...... comrades, at that time, trading will cease to exist. No bubble, or maybe lots of revolution.....
  7. T

    made 50k+ today

    the greatest day in 2008, bought the market at the biggest drop in premarket, then sold it at FED rate cut news rally, then bought it agian at the morning low, sold it at morning high. fun, did not do any short today
  8. T

    Either a BLACK TUESDAY, or Emergency Cut

    rate cut is no use to rescue the conomy. people already get what they have,even used up their future money..... to me, just sit on the beach, watch the gulls flying, blue sky, all my positions are short, most of them are former high flyers like DRYS/EXM, FCX/ATI, put a limit order to do...
  9. T

    Bernanke pump and dump

    rate game is just a joke. now everyone knows, borrow, borrow, borrow,..... the faster who spent, the faster who makes, who holds his money is the dumbest idiot, since money can be printed, simple and vanila, while those work hard day in day out are just idiots too, what they earned is just token...
  10. T

    if countrywide belly up

    what benefits will be those borrowers of their morgage, just curious question, they do not need pay mortgage to them any more?
  11. T

    Are you a proud homeowner?

    whether the house price is sinking or going up, if you are able to afford it, then this question makes no sense to you. I am a renter. since I hate yard work and home maintanece jobs, I like to work whereever I want to go. I like the flexibility of my living styles. I consider the...
  12. T

    cash out home equity

    any one did that? for example, I found a forclosured house, pretty cheap, but needs FIXings (like bad smell carpet etc.). when I bought it, the nominal price may be just 50% of the current market price, for example $100k, I made a traditional 30 yrs loan and paid $20k as down payment. then...
  13. T

    Payoff Mortgage or not?

    do not pay off your morgagte! money tied to a house is basically dead money if not for the sake of quick sale, just for the purpose of sheltering. of course if you hve lots of money, and the money on a house mean nothing to you. then it is totally different.
  14. T

    anyone can get rid of the 6% house sales commission

    that is ridulous. in order to get rid of a house, need pay at least 5% of house price to the realtors. for 500k house, that is 25k or 30k. anyone has any success in sell or buy without realtor?
  15. T

    99.5% fail because trading is too simple, easy, and too boring

    rading is really hard since as a trader you need do the things most people think it is easy! but actually it is difficult, even you know you are fat and you know you should eat on balance to cut weight but you can not! "you know today the market will be wild since there is a major report...
  16. T

    99.5% fail because trading is too simple, easy, and too boring

    kind of agree with the orignial posting. when I started to do trading, I just follow one rule: up trend and rally with good news, then retrace & volume dried up, then I start to buy the market at that level, that works almost 90% time. then I tried to become smart, created lots of ways like...
  17. T

    I Have Been Trading Since Before The Internet-1990

    that means we are lucky thanks to the internet technology. but also we are not lucky since we get more participants, virtually any one can be a trader. everyone can access information almost at the same time, but in the old times, some people may get the information quicker than others. most...
  18. T

    a question to the day traders

    so far CFC, CTX, WM, .... around %10~$50, and those everyday morning top gainers/losers. try to extract 1000~2000 bucks a day.
  19. T

    How to stop trading?

    you trade for the sake of trading, that is an expensive amusement cut off the DSL trading most time is an obsession, there are excitemet/fun. I have this problem too. pretty normal, just keep trading until you feel sick of it, then this habit will cbe cured
  20. T

    TOTAL HONESTY: how much did you lose today?

    today I lost $324 bucks becuase I toke overnight position, violated my trading rules
Back
Top