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War Eagle is very correct. Even Worldco, where Hitman trades, has not erased accounts often, and nowadays it is extremely rare (and of course only for those who have otherwise made the firm a very great deal of money and are too big and valuable to the firm to let go). It is true that prop firms...

To post my meager results for this "informal survey", I have not made didley in 8 months, and I watch numerous other traders who have years of experience, and who have made a great deal of money in the past, struggle (most are around flat or losing money) this year. Indeed, many have quit...

Don't forget to mention that the book could teach anyone how to make millions. You have to pepper your descriptions with "what the experts won't show you," and "what the Specialists have been using for years." Maybe throw in a little contest, and then let people know that "you may already have...

Darkhorse: I must say that I disagree with the assertion that atheists are hypocrites if they believe in any ethical principals other than moral relativism. Couldn't morals be at leat partly innate in us, the product of such things as empathy, which in turn were developed through evolution to...

I should have said that there are higher things that can exist without God THEORETICALLY!

I think both FasterPussycat and Stockerup make good points! Fasterpussycat Had I logged on earlier, I would've made the point that FasterPussycat made, but alas he was first. While Darkhorse has made so many great points throughout this discussion, I must agree (without taking a position on...

Net profit: You can have security if you are a profitable trader who already has enough money to maintain that security by never touching the amount of money set aside for said security. Darkhorse: I agree so much with one of the last comments you made that I forgot to touch on. It is also...

Metooxx, you may be right, and that is why I am not sure if I will be trading much longer, at least not as a primary job. I took a risk that seems not to have worked out. While money alone will NOT make one happy (unless that person cares only about money, whereas in that case the person's...

Actually, I have very little of material wealth. First, I went to college. If you don't know, some people take out loans. I became a public servant for very little pay to do what I was interested in and what I thought would contribute to society. I ran up debt just by the cost of living and...

Darkhorse, Again I agree whole heartedly. People who must keep up with the neighbors do not define their own happiness, and likely will never be happy. People should define their own happiness, independent of what others have. Happiness for me used to be in facing certain challenges and...

You can EXPERIENCE life AND try to SOLVE the meaning of it, whether or not you can make any head way.

Jaan, This still does not mean a 50% chance because if the market is weak and few stocks are making a 10% move to the upside, you don't have a 50% chance of getting out the way you entered. You are acting as though stocks have an equal chance of going 10% either way. Say you make 100 trades...

I agree that me must accept premises in order to move on with our lives and to continue our searches for knowledge as best we can. And these things were addressed in what I had said previously. :) PS yes, I minored in philosophy (wish I would've majored in it).

I Sooooooooooooooooooo concur with Darkhorse. I have thought hard about these things and have felt the same way for as long as I can remember. However, I must admit that when one is suffering from heavy debt, as I am, does FORCE ONE to make money more a priority than one ever hoped it would be...

I agree with the last comments of both Darkhorse and Trader 88 (happiness and friendship/loving family are not necessarily mutually exclusive, depending on what it took to get that money, and whether money was your means or your end). However, if we are talking about our idea of a perfect life...

While I agree that it is important to think and study in a comprehensive way about metaphysics if we are going to broach the subject at all, and to realize that what we know is incomplete to say the least (whether one continues studying for life or quits at some point), I am very skeptical about...

Could we be making a brief, unusual sentence out to be more than it is? I think the following tip will be more helpful: If you become one with the market you will avoid overtrading. Be the market!

WPI was easy today. Too bad half its runs were immediately after I grew tired of watching.

First, while there are always a few stocks that move at least a point, if not at least a few, the market as a whole has had little volume and movement (especially movement with conviction). Not all traders can jump into a few stocks, unless those stocks are ones where all the institutions jump...

Getting Into A Prop Firm in NYC is not too tough. But actually trading is VERY tough right now. Even people who made hundreds of thousands or millions in '98 or '99 or even '00 are up little or down this year. The % of successful traders is very small now, even among those who used to be highly...