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  1. O

    From poker player to stock trader.

    NL touney is not the same as live poker.
  2. O

    From poker player to stock trader.

    I have played live poker and all you "sharks" claiming all these NL online wins and long term plays are full of crap! Only a moron would take your claims for granted! Go play big NL games live and I bet you are way below the stats you claim. Of course there is no way to substantiate these...
  3. O

    From poker player to stock trader.

    It is simple do both. If you want to play with $5000 I strongly suggest you play/learn either futures spread trading or currency trading (ala forex), these markets are not easy but set up for part timers and people on the cheap.... $5000 in the stock market with PDT(Pattern daytrading) rules...
  4. O

    Trading Markets- $7500

    If you just register at TM you get nothing but their website as member - to get the courses and other assorted crap (books, trinkets and get-out-of-hell cards) you need to pay more money.
  5. O

    Spread Charting

    You can use TnT with the spread plugin, (plus they also have COT plug in and SEAS forcast. See this example...
  6. O

    Outsourcing the death of the economy!

    I notice 5 voted as it is a great money making opportunity... I hope they are talking about trading the doom cause they are not going to make a lot unless they catch the dow meltdown or gold reaching $1400/ounce What a self-confidence to think you can actually profit from the death of american...
  7. O

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    That's what foreclosure and distressed property means. Not to mention rehabbing and building from scratch.
  8. O

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    down. So you do not need THAT MUCH. Of course things happen slower and nothing is ever guaranteed. My problem I am not handy to make and do things on my own around the house. if I was I would do that full time and buy and sell houses.trading and poker are more hobbies with much money to lose..
  9. O

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    You don't think folks make money in RE? I wager that they fare better than many "traders" here and for a lot less headacke check out this website and the figures.... http://www.49errealestate.com/
  10. O

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    Yes there are many venues, rehabbing still pays 3$ for every one invested if done right and with sweat equity. The trick in Mobile Home Parks is the renting and self financing of the mobile homes. That is like or better than the used car lot...remember most renters or owners have very very very...
  11. O

    Real Estate is dying? Investment-wise what is the next Asset Class Du Jour?

    To park my excess cash...:) Traditional renting may be problematic but rehabbing and speculating is still the KING. Look at for example to Mobile Home PArks. That is selling/ renting dirt with little risk and overhead. There are some parks with positive cash flow of 5-10k/MONTH(!) and sold for...
  12. O

    backtesting the original turtles

    as a turtle and could never make money even in the go go 70's and 80's?
  13. O

    backtesting the original turtles

    Let's look at the scenario when the drawdown of 50% occurs after a while and you already posted some decent gains. The drawdown essentially is on the house money if the account has appreciated 180% since its inception. And an open position can always turn around. If the sell criteria has not met...
  14. O

    backtesting the original turtles

    actually there is a web-site that has the risk and money management back-end to just do that. For a measly $10,000 you can control up to 10 currency pairs. The web-site is; http://coach4traders.com/cgi-bin/
  15. O

    Spread Trading - an easier way to trade!

    most liquid and trending markets of all. If futures spreads were the holy grail everybody would be doing them only that you have problem with fills reported if you trade grains and multiple ways that the floor will screw you. better stick to the electronic markets only. I can have a "turtle...
  16. O

    Laying on the Bullshit

    the independent energy operator of CA. CAISO was going head to head in energy trading with Enron and we had a new trading floor that had to be shut down because legally we could never compete with the Enrons and their types. They played a rigged game and never played 'fair'. It was a floor...
  17. O

    are there any CANSLIM traders here?

    I think this is the myth. In the world there are more "at home" speculators who buy and sell (with risk management etc) for longer term than daytraders. daytraders was a fad mimicking the institutions and the chicago floor where scalping was at one time profitable for some. O'Neil is a trader...
  18. O

    are there any CANSLIM traders here?

    What I should also add is that CANSLIM is for INVESTING, not trading. You need to be able to allow 7% stops and hold for weeks or longer. boy that is so dumb. These are the actual people who make some money year in year out in the universe of speculators. a 7% stop is great if you can shoot...
  19. O

    RuleOne Capital

    give it to charity at least you can write it off.
  20. O

    May they rest in peace: dead firms

    Last I head Kanter had retired and Jim(?) in Chicago took over. Are they flurishing or so-so?
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