Search results

Where are you learning your insights into trading from? Have you ever had a mentor? Have you ever asked for advice and tips on how to trade? When asking, did you temper your question in such a way that might be defined as "ass kissing? Look...here's a fact of life. No matter what you do in...

Really...so basically when your customers get pissed off about something, you say fuck'em and don't speak to them? Interesting way to run a business. Good luck with that

Good points nutmeg.. ...further, I'd like to add, for those that think by running your own business that you'll avoid "ass kissing", you have no clue what it takes to run a business then. Business owners have to essentially be the biggest "ass kissers" to their customers. If you as a...

I like FXP too. I've been building a position with an average cost of 73.65. I've ridden a couple of waves with it. I'm ready for the next. :D

hmm...that will be interesting to see if we do. IMO, if we continue to go up, we'll be in for a much more violent downturn. We might be able to "coast" along with a long drawn out downturn that doesn't affect the greater economy too negatively.

I'm looking more from the perspective of 5-7 year business cycles with intermediate 6month-2year bear markets in between.

I'm looking at this from a very simplified perspective. Perhaps some might even consider it too simplified (and perhaps it is), but I just can't see any possible way that a meltdown in the financial industry is not going to spill over into the greater economy. The money supply has been...

I have a question for you Don that maybe you know the answer to. A couple of times, I've had limit sell orders on the NYSE (placed a couple days ahead of time) for stocks that I own at a price well below what the gap open is. I'll see many shares filled at that gap open for a minute or two...

For all intents and purposes, I believe we've been in a bear market since July. Yes we popped up to barely new highs after the crash in July, but in all truthfulness, IMO, we are in a bear market. The question is how long does it last? At least for now, my own personal feeling is that we...

Thanks nazzdack. I do actually agree with you. I grabbed a third of my full position (at 6.82) though just to test the waters.

The consumer financial services are in a bit of rut (obviously), but NICK looks like it could be a longer term winner. For the most part good fundamentals. Decent earnings. Low PE, and P/B. The earnings are expected to slightly decline over the next few quarters (as expected in this...

It does sound like an interesting degree. I might look into it at sometime in the future.

I already figured it out and changed the post well before you cut and paste it and you know it.

What the fuck do you think trade entry is? It's about risk management. What the fuck do you think position trading is? It's about leverage. And what the fuck do you think "waiting for good setups" is? It's discipline.

You know, I don't run around this place trying to act like I'm the "God" trader that so many other liars do. I don't "brag" about what I can or can't do. But because some kid here with no trading profits at all is trying to "call me out" as some idiot, I'll give an example of one of my...

Here's an example of one of my "preschool" investment maneuvers. No actually, I said "invest" to simplify what I do. My style is actually a hybrid. I take huge profits when they present themselves to me. I'm more of a "position" type trader. UYG 2007-11-27, 10:26:52 2007-11-30 41 39.509998...

And adding a Software degree somewhere in there is even better..haha...I'm partial to it since that's what I have. :D But in all seriousness, I think having a software/math/finance background is probably the best possible combination if somebody does decide to go to school.

and you've made your case. You aren't making any money. Thanks for your fruitful insight. Keep giving others "trading" and "life" advice when you yourself aren't even making money.

If that makes you feel more powerful....stroke your ego. I'm still waiting for you to say that you're making a lot of money trading. Tell me you're making more than my "investing". I've averaged between 15-20% doing "boring" investing the last 5 years. What's your track record over that...

Oh, and Frank Thomas, I'm not implying my above statement to your posts here that you were misleading people