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Whether it is the sciences, althetics, the arts, politics, entrepreneurship, defense, or spirituality - it is always men that excel. In all these areas it is men that continue to raise the bar for the good of all of humanity. As far as women, come on how much talent does keep a house clean...

Compounding is very powerful and you're probably better off compounding gains in an investment account rather than a trading account. Because the best money/risk management technique is never trading more than 10% of your net worth.

JJ - you over analyze things, give it a rest. Trading is simple. MBAGH - that took guts to post the equity curve. Hopefully, it will save some guys money. Its weird just how much losses can eat away at your year end result. I'm sure most guys thought MBAGH was well on his way to a...

If you can master: staying out of the market until you're absolutely confident in the trend cutting losses trading the trend holding so long as trend is intact (riding winners) and averaging up on super strong trends then you have absolutely no need to consider...

Everyone knows good trading is extremely boring so you want to avoid anything that increases stress in your trading - cause its never worth it in the long run.

Obviously the bigger you build your position (either thru averaging up or down) the more skill you need to have as the smaller your margin for error becomes as you build.

OMG mwald so how was the camping trip? Great post and thread.

Career Advice for Timmay The stint on Wall Street Warriors was entertaining. The the hedge fund book to follow up was entertaining. From there on he could've seen the light and realized that since he sucks as a trader, he ought a pursue a career in entertainment. He...

Averaging down absolutely is the holy grail as an investment/retirement strategy but certainly not for a trading strategy. Investments: Lets say you put all your trading profits into your investment account and use it to buy SPY. Whether you dollar cost average into it at regular time...

Got to say Stoney - you have some of the greatest insights about the market. Thanks for another good one.

this is wall streets way of begging for a rate cut

I've noticed this trend over and over again. We rally going into options expiration then we sell off afterwards only to rally back going into options expiration. Its like selling premiums is the bread and butter trade out there for most funds. But not every fund is as reckless like Victor N...

LMAO

LMAO

Right now I don't do overnights - but sometimes I think that's really silly because when you have a position on the right side of a super strong trending market it seems silly to sell it out of an irrational fear of holding overnight. The overnight session itself can often produce moves to...

Absolutely no technical resistance if 1.43 breaks.

1.4260 last. Should America be laughing or crying right now?

I doubt we see a bottem for the USD unless we make lower lows with some kind of momentum divergance that signals everyone has capitulated already and few sellers left. If we get a V bottem there'll have to be a coordinated effort to jawbone and threaten it higher with hints of ECB rate cuts...

What I want to know is why aren't other CBs jawboning USD higher and threatening rate cuts to smoke the USD bears. I'm sure even Iran and Argentina are sitting on a bunch of depriciating dollars and would want some relief from this unrelenting decline. And as for Europe, China, and Japan - a...

Interesting.