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Well said, HarbingerQ!

Ok, but this is not entirely the banks' fault, at least not in the US. IT IS OUR FAULT. The banks are going to do what they are going to do. They will always and forever be greedy. It is the American people who vote for the shills in Congress who cozy up to the banks and do their...

You are right, it is not a bad idea to trade 2 or a few systems. But the OP is currently just trying to get 1 system that works well. Two suboptimal systems do not add up to anything other than mediocrity.

When I was a kid, I used to be kind of jealous of Michael Jackson. I am about the same age, and we lived only a few miles apart (I have never met him). It used to blow me away that he had so much money. I thought about that again when he died a few years ago. Even with his amazing talents...

Someone please tell me why AIQ is tanking? Thanks in advance.

I have wondered about this myself. I love the Getty quote about a billion dollars not being worth what it used to. However, if faced with the problem, I think I could get by on it.

Working for myself the last 2 years has changed everything for me. For the first time in my life, I really like to work. It does not involve a lot of social interaction for me, but I can get that elsewhere. I do consulting from home, and there is just the occasional teleconference. I can work...

Touche.

I have found that good realtors can recommend good lenders, and good lenders can recommend good realtors.

I found out that if I look at my shoes in a mirror, they look ok to me.

This isn't a random poll, but is subject to selection bias: people may read the question and decide for themselves whether or not to answer it. It is possible that people with more advanced degrees are, for whatever reason, more likely to give a response to the poll. So we really can't learn...

I've been thinking about the parallels between illness and trading. To paint with a broad brush, I consider patients with chronic illnesses as basically falling into 2 groups: those who have "accepted" their illness (for lack of a better word), and those who have not. Some examples of...

Ok with me. I'll keep partying until the keg is drained. Thanks, Helicopter Ben.

Many investors are in mutual funds, and the funds trade. They may call it "buy and hold" but it just means someone else is doing the trading. Berkshire trades, too.

Nice description of this calculation and others like it in McMillan on Options by Larry McMillan

I have not seen one or looked for one, but...why do you need one? By the time you calculate the % return for wins and losses, you are most of the way there: k = (((1+r)*p)-1)/r where r = mean % return on wins/mean % return on losses and p = probability of a win Assuming you risk the...

Probably chump change for them.

I don't pay much attention to macro stuff. Someone please tell me: why is Intel up?

I don't have to go to meetings with crazy people.

Never a good sign when the CEO starts talking to the shorts