Search results

Agree 100%. So many of the responses to the type of question asked are "defeatist" type answers. The washout rate in small business startups is like 95% in the first couple years. And there, just as with trading, it's often necessary to pump more capital into your business (or trading). The...

I agree with a lot of what you wrote above. I worked in advanced engineering at GM for 5 years at their Tech Center in the early 80's. Back then it was quality and Deming. Later is was their excessive time to build a car. Part of that problem was engineering and part was the unions. When your...

Not a lot? Depends on the location ... I just sold a house on a barrier island in SE US. Oceanfront houses were selling as high as $8 million. 1.5% (for the selling agent) and the same for a listing agent is $120,000 EACH. Add in $120, 000 for each brokers company. That's $480,000. Granted...

Saw the Allman Brothers 3 times back in the early 70's ... bgreat in concert ... then Berry Oakley (bass) died about a year after Duane

Some good stuff there as well as the Hendrix you mentioned. Another one I like is Alvin Lee (Ten Years After) doing "I'm Goin' Home" at Woodstock ... And Duane Allman & Dicky Betts did some good stuff in the Live at The Fillmore East double album.

If you want to check trade confirmations, look at monthly statements, cash activity, etc. just go to their web site and log in with your User ID.

Good post. Given that so many of the posts occur during the trading day I question if many of those "making calls" even trade. Last, any decent, successful trader isn't going to go around bragging about how much $$ they made or making a call that was correct. I read these threads at the end...

My gut feel says you've not invested in any real estate in the past decade or so. Econ 101 talks about supply vs. demand. As I stated previously .. they're not making any more land. Yet the demand is there .. baby boomers wanting 2nd homes, retirement homes, investments. So no, I won't...

I agree with you. I've bought real estate and it's been a goldmine. Those other guys are missing a major point ... they're not making any more land. Anyone who bought anything close to the ocean, at least on the southeast coast, has made out very nicely. The argument someone posted about...

Actually Hybrids make a LOT of sense. Trouble is that people ignored the realities about SUV's and the price of gas for way too long. My fiance bought a Prius a year ago. She paid $21K for a new 2004. Sure she waited 6 months to get it. She gets over 50 mpg overall (highway + city). And the tax...

Amazing! You have ONE data point; someone who lost a whopping $1000 on OO. If a $1000 loss hurts that much then they likely shouldn't be trading. This isn't a recreational activity. The facts are that most traders are likely to fail. There are no guarantees in this business ... and that's what...

Daytrading is a career, an occupation. It's not about "riches". Those who trade full time tradeoff risk with the rewards. To take unnecessary risk to try for constant "home runs" (and the apparent "riches") is foolish trading. I prefer singles and the occasional extra base hit. How many...

The thread is about consistently profitable daytraders. That could be someone making $50K/year or $100K/year. Who said anything about $20 million? Money isn't the key to happiness. Hey, if you don't have a mortgage, no car payments, no credit card debt then who needs a lot of money? Freedom...

Obviously you haven't participated on the SI Daytrading Fundamentals thread. No more need be said ... that thread was a great opportunity for a lot of people to share ideas, methods and a lot more. Perhaps if you read the thread you might actually learn something.

Congrats on your 6th straight winning year! I think those who question successful traders here on ET (and it's obvious who they are) are either incredible insecure and/or failed traders. It's not all that tough to weed out the imposters from those who are truly successful. I know Eric from...

Congrats on the QLGC .. see it trading at $35.89 afterhours. No regrets here .. I made my scalp yesterday and rarely hold into earnings.

i covered at $38.01 ... +0.12 on 2K shares

I'm just in for a quick daytrade. You holding through earnings tomorrow? I thought it was a bit overbought, just looking for 0.10 - 0.20 intra-day on a couple thousand shares.

too early? went short just now at $38.13

Don't agree (at least for me) ... the market can change in a heartbeat intra-day and traders need to adapt accordingly. Further, if one is doing this for a living they can't afford to sit on the sidelines on down days. From March 2000 until the end of 2002 playing only the long side would have...