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I've been reading this thread when I'm out of trades and/or at lunch time. I think you may have assumed incorrectly that the posters criticizing everything are in fact traders. I serously doubt they are. People who trade for a living are focused on what they're doing. And real traders can see...

What an idiotic post. Looks like all you do is post (8-9 posts/day) all day. If you don't have any money to fund an account why are you wasting bandwidth. It's the above kind of post that detracts from what ET could be. I'm amazed at some of the other posts (i.e. balda, for example) ...

No every trader starts out of college .. I was in Engineering 19 years and left to trade 8+ years ago. So I did do something "value added" for all those years. And the freedom from trading allows me to volunteer and try to give back to my community. I tutor, mentor and couldn't do those things...

If you're highly certain that you have found "IT" then trade it ... and trade it with more size so that it doesn't take as long to build up the account. And I believe in a later post you expected to make 100% annually. So if your capital (trading account) is less than what you'd like it to be...

Two statements from the article I took exception to are (1) Even the best traders are wrong more often than they’re right Depends on style and frequency of trades but I know plenty of traders who are right 60, 70 or 75+% of the time. I think I'm around 74% after 8 years ... (2) Day...

I agree with the other guys ... great final round. Els had to be disappointed big time with the end result after playing so well Sunday. As far as the poster who brought up Iraq ... can you spell V-I-E-T-N-A-M? Iraq may be one of the biggest fiascos the US has gotten involved in ... do you...

I'd suggest you continue with what you're doing. Small profits and keeping emotions in check as far as fear/greed. 4 months of profits is a good start; if you set another goal I'd say shoot for a slightly higher profit target in what hopefully will be your 5th consecutive profitable month (maybe...

I have a degree in Statistics and a MS in Operations Research ... I worked in the corporate world for 15 years but have been trading my own $$$ full time for over 8 years. The math orientation is an asset if you want to trade using TA and analytical approaches. The Computer Science background...

Couldn't agree more ... however, you're making the assumption that those who are posting this non-stop emotional garbage are actually traders. Traders TRADE! Traders don't post asinine personal attacks. Such outbursts show their lack of control over emotions and thus one can only wonder how...

Doesn't make sense to me. Mixing $$$ from multiple traders is a recipe for disaster IMO. If a trade heads south people get emotional over lost $$$. So who would be blamed? The trader? The market analysis guy? The guy doing research and/or TA? I've traded in a room with anywhere from 5 to 10...

Your post sounds somewhat similar to what I went through over 8 years ago. I had spent 17 years in the corporate world .. decent compensation, benefits, etc. but was tired of politics, idiot bosses, etc. I don't know your background relative to investing and trading .. it had been an interest of...

So if you object so vehemently to James Stock etc. then why even reply to them? Why not ignore them? As far as using or not using charts ... I don't use them either anymore. I used them for quite a few years. I spent hours and hours nightly looking at charts to trade the next day. Now I...

I agree. Traders do buy and sell (short and cover) to lock in profits as the market moves up (down) .. at least traders who trade for a living. All the people who bash shorts don't seem to comprehend that the market moves intra-day .. up AND down and there's money to be made playing the...

You're wasting your time replying to people like Waggie. If you don't trade with the (longer term) trend and/or his way then you're apparently wrong. I guess he doesn't understand how traders made money on the short side today. One thing about Waggie is that he does have a big ego and seems to...

I'm about 100 miles away down on Hilton Head. My girlfriend lives in the Charleston area so I'm up there at times.

Nope ... unless we're missing each others points I think it's wise to have that money in the bank for down the road (i.e retirement or choosing to retire early). If one spends as much, or more than they make in their working years (as many seem to do given the anemic savings rates, credit card...

I suppose some people haven't heard of contrarian trading.

First, I'm not a "non-stop weirdo calling shorts left and right" ... I've been a full time trader for years and know what the hell I'm doing. And I've made good money on shorts in 2004 by selectively shorting stocks I saw as very overvalued. I posted some of those last week I think (KLAC, XLNX)...

Not just him, but a number of others also exhibit the same attitudes. Clearly most people on ET seem to be bullish and seem to vent at anyone who even mentions the word "short". Thus, I go about my business quietly (i.e. short the past 2 days). Some (bullish) guy yesterday twisted a (short...

Obviously you're bullish; like lots of people. The fact that bullish sentiment is higher than back in early 2000 doesn't raise any concerns? People back in late 1999 and early 2000 continued to chase the market too .. and some are probably still hurting from their losses. Sure there may be a...