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Do you have any chart examples to show points 2 and 3 above? Some of your other points are too subjective. With point 6, how do you filter out "gonzo" companies? Isn't that part of what makes them speculative picks?...usually you won't have a stock that's both a "mainstream-type company" and...

Yes, the thought of CNBC not doing another contest is truly sickening. I would be hardpressed to find something more sickening, in fact. Genocide would be a distant second. I think there was this guy I saw on the "How to Win" segment whose advice was just to leave your browser window open...

I'm glad you've decided to tone down your discretionary trades. If you really feel like you can average 10% per month on automation, by all means, just do that! You might argue that adding your discretionary trades can boost returns...but the confidence level of those returns (the bell curve...

Neke, I was just joking around about the 126 billion...just trying to make a point and suggest that drawdowns and bad trades tend to not be factored into profit projections, simply because by nature they are not predictable. It's a common fallacy, myself included of course, to take a recent...

I guess the question that I have is: if you feel you can continue to duplicate your recent trading history indefinitely, then what did you start doing differently on 2/25 when you started this thread? Why weren't you already worth 126 billion dollars? You could have gotten there in a handful...

Neke, how do you arrive at that probability?? You're assessing your probability of attaining an approx. 400% return in 7 months at 45%?? What's your perceived probability of a -50% return? Is your goal to have your account bal. touch 500k momentarily...or reach 500k and never go below it again?

Neke, sorry to see you got taken down this week. But you know the drill...you take a hit like that, don't try to be a hero next week and make it all back. In my opinion, lower your position sizes...you've had a number of weeks that were very successful based on that leverage, it only makes...

Maybe what's happening here is, the Dow is keeping up with corporate profit growth in lock-step! So the reason the Dow averages about a .5% increase each day is because that's actually the rate at which the PV of all future cash flows for the Dow 30 is increasing! Yay! So to predict the...

I'm waiting for the angle of the trendline on DJX to actually be GREATER than 90 degrees. So the chart will actually start moving back to the left as it goes up higher. If that happened, you would still have to buy, as that would continue to be a riskless proposition.

Does the 7% drop have to happen in one trading day? If so, then I'd say no...but it sure is likely over a few days to a week...

Call me wild and crazy, but I really like the JUN 70 Puts @ 1.40 for next week. I just don't see everyone continuing to chase prices on Monday, both in VLO and the Dow, S&P, etc. A 5% downside correction in VLO over the next several weeks would be perfectly healthy for a bullish overall stance.

This article needs more support. Either something is left out, or the author is making some serious logical jumps. Under the section "Average Millionaires" the author is trying to explain how the attributes of people with average IQs can lead to wealth by saying "Here are a few theories on how...

To answer your question, YES, intellect is a prerequisite, but, NO, SUPERIOR intellect is NOT a prerequisite. See the book "New Market Wizzards"...it's a topic that came up often. However, although you've stated that you are not here to brag, you have to realize that your audience will...

I'm wondering how many of those people that thought the Dow would have 19+ up days in May think that there are a total of 31 trading days in May...:eek:

I think the question is, when does a rally in the market go from: 1) prices moving up based on fundamentals, and new information that leads to increased valuation to 2) prices increasing due to the "greater fool theory" The beginning of any rally could be justified or appropriate...

Less than 5: it's all over, this month the complacency catches up 5 to 10: we see a normal sized pullback from the run we've been on 11 to 18: the good times continue! 19+: we keep going up day after day, simply because that's what happened in April, and everybody is convinced that...

The arithmatic you are posting is a fact. However, the conclusion that you are making is not.

Doesn't this paper just argue that letting the public have concealed weapons reduces both the liklihood and severity of mass shootings? I don't think it addresses whether there are more acts of gun violence (non-mass shooting) in general as a result of concealed weapons.

I actually agree to an extent. If just one of those kids sitting in class at VT happened to be packing steel, as that pathetic loser ran into the room, he wouldn't have known what hit him. The problem is, on average and over time, the kind of people that walk around with guns are probably...

Yep, did it for a few months. Their track record was pretty lackluster. And I also sent them an email saying that they left out a trade or two, but I never saw them include it. However, that being said, I stopped trying to trade on their recommendations for the reasons they gave. Instead...