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You've got to hand it to thunderdolt. At least he has a lot of faith in what he believes in, no matter how illogical it seems. He's got his bases covered. If there is no God nor eternal life, he won't know any difference when he dies. But if there IS a God and an afterlife, then he's got a...

The bible was written thousands of years ago; therefore, it reflects the customs and social mores of that period. To transplant the cultural idiosyncracies to this day and age is irresponsible and illogical. Instead, focus on the Christian tenets that provide a basic outline on how to live a...

Of course the Bible, Koran, Torah, etc. are riddled with inconsistencies. Bits and pieces of it were written by many different people over hundreds of years. They didn't have good cross-referencing skills back then.

That's true. I sure wish I could walk on water. The chicks would dig that. Also, if I could turn water into wine I'd be a friggin' millionaire!:D

George W is a bully just itching to pick a fight. As if killing a million Iraqis through bombings and embargos wasn't enough. If the US invades Iraq, American citizens will pay because the Islamic Fundamentalists will make the twin towers disaster look like child's play. Why can't the US pick...

If man would live as Jesus commanded, the world would be full of spineless parasites who live off the largess of others and are unwilling to work for themselves and strive for greatness. We would all be a bunch of slack-eyed, unmotivated Communist zombies.

Shove a seraphim and cherubim up yours!!

Thunderbolt, you are one scary individual. Bible beaters like you are the ones who started the Inquisition and witch burning.

Great posts from Candle and BryanRoberts! Very thought provoking. Have Rep. Paul's questions been published in the news?

I haven't been handling losing well. In fact, my lack of consistent profits recently has just caused me to throw in the towel on my three year trading career. I'm opening a bar with a friend of mine in downtown Manhattan where I'll bartend (part-time) and I'm going to pursue my dream of...

Josh Hartnett as an Army Ranger? Gimme a break... He's better off on Dawson's Creek. And special forces soldiers wearing Oakley glasses (year 2000 model) when the incident was in the early 90's? Bunch of poseur model wannabes. The skinnies were tougher bastards. They just wouldn't quit...

Prop traders hate market makers because: 1. They get a good salary, benefits AND percentage of profits 2. They know the order flow and have an advantage over prop traders 3. They have huge capital and inventory at their disposal and can engage in price manipulation to shake out prop...

I think we'll be trading in a 2000-3000 point range for a long, long time (DOW 7600-10000). Nothing unusual going on.

What do you trade, WCOM with a tier size of 10000? Your prop firm must LOVE you!:D

There are almost no women traders because, as a species, women are more sensible and practical than men when it comes to money and careers. Men are dreamers and women are realists. Or so my wife tells me...

A lot of traders on this site will probably spam me to death and call me the anti-Christ, but I've got to say it for the sake of you newbies: It's very difficult to make a "modest" living (meaning $40-75K) a year in this market. Maybe 90% of newbies won't even see minimum wage for the first...

I totally agree. The only reasons you should go into a non-salaried prop firm in this day and age are the following: 1) You got fired or laid off and job prospects are slim to non-existent, or 2) You're currently earning minimum wage, stuck in a dead end job and have no career prospects...

Backwards trading doesn't work because it's human nature to focus on the trades that didn't work out and ignore the ones that did. Also, many traders have larger stop loss ranges than profit taking ones and this is a recipe for disaster. Backwards trading would have the exact same result as...

In a choppy market, either stop trading or bend over and kiss your ass goodbye. This kind of market almost always results in losses (commissions and/or P&L).

In theory, your ideas make sense. Unfortunately, the 90% failure statistic is based on actual trade executions (regardless of intentions). Therefore, you would still be in losing trades. This trading theorem is loosely based on Murphy's Law and the 20/20 hindsight concept.