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Per chance he just likes what he does? I have made more money trading the last 2 1/2 years than I expected to make in my entire life? Should I just stop? Should I spend like a drunken sailor even though that is not something I would particularly enjoy? Why can't someone keep working simply for...

I would agree with that if he was older, had a wife, kids, mortgage and all that. But, the fact is that he is probably 22/23 years old and he has a lot time to make mistakes and recover from them. If he wants to trade I say give it a try. He is probably actually facing the less stress he will...

This will be fast. Right now the market is looking like hell, and everything looks terribe. Breadth is bad, interest rates are above 5%, Iran has nukes, the Congress cant get the tax cut extended, and I stubbed my toe. But, thats how markets often look. A lot of the market is just in a range...

Isnt that a song by the B-52's?

Yep they just decided out of the blue, what the hell lets not trade corn today. Everything else will be open though :)) Anyway, you might want to look up the hours, not everything opens at 930 my friend. Brandon

It does not effect the risk I am willing to take per say, but it does effect the types of trades I can take. Brandon

Just because someone, some where said something does not make it the be all and end all. That said I would not trade without charts, they are important, but they are only one part of the picture Brandon

You will be happy to know that Amanda Jean came into the world Thursday without too much trouble. A little early, so she will be in the hospital for a few weeks so that her lungs can develop, but for the most part Mom and Baby are well. It was a nerve wracking few days for everyone and I'm glad...

I suspect that eventually the United States will have universal coverage because the cost to insure is just getting too high for companies. Look at GM and F, Health Care is a big part of the reason they are looking downn the barrel of bankruptcy. We are going to see large corporations telling...

Personally I don't see how the gross dollar figure really matters much. If you manage a billion dollars you could make $100million in some months. My own best month in dollar terms is much larger than yours, but its very possible your accomplishment is more noteworthy than mine if the % is...

I guess I misread your question. I thought you were asking what % of my capital I risk on a trade. If you are asking how much room I give a stock it is variable, but generally not more than 6%. When I take a loss though it costs me about 1/3 of 1% of the value of my accounts. Brandon

About 1/3 of 1%. Brandon

yes, I think if you are trading large amounts of money you need to be able to play with the big picture in mind, and to me "the chart says so" is not a good enough reason to justify risking the money that a loss on a full size position would cost me. Brandon

Welcome to the thread, and thank you for the info. I hope you stick around and would love to see you continue to share. I have also been following casino's and have had a small position, but my problem is I don't know why they are moving, so its hard for me to justify a big position. I have done...

We live in a world with so many advancements. People are living longer and healthier lives than ever before which we all seem to take for granted. We take it for granted until we are slapped in the face with sharp reality and realize how fragile we all truely are. Our family has had that slap in...

Tuesday was a pretty bad day for the market after the Fed raised rates and indicated that it may not be done. However, as good as Tuesday was, Wednesday was 3 times better. We had new relative highs across the board, Nasdaq, Small Caps, Mid Caps, and Big Caps all had great days. Important...

Each dot represents a day that there was a change in the account value. I will be busy with a number of things for the next several days so I have essentially gone to cash into the end of the qtr. This is an actual result from an account I manage and shows what I have done this qtr. I will start...

Is anyone aware of any ETF's/Closed End Funds that are based on the Middle East. There seems to be an awful lot of panic there. All I can find is Isreal and Turkey. I would be very interested in something on SA, Dubai, Eqypt etc. So far all I can come up with is to open an account with Auerback...

continue Now lets look at some individual names. For the most part I tend to be a trend following guy. I trade breakouts in the direction of a trend in strong or weak stocks, but there are always places to deviate from this. I occassionally buy bottoms when a stock breaks out of a nice and...

Chuggah Chuggah CHOOO CHOOOO!!! and keep the train moving! What the hell am I talking about? I'm talking about moving on. As you may recall at the start of the year I was extremely bullish on True Relgion Apparel, a maker of high end (ie Overpriced) denim goods that it sells at its own stores...