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What does a trend follower do in a bear market? Sh*t in the woods - or was that what a bear does in the woods?

AMERICAN DEMOCRACY - with your 2 cows examples Your 2 cows are yours for a while anyway. Your competing with huge multi-national corporations that receive a huge amount of $ in corporate welfare and tax shelters, hence the larger competitors have a massive advantage over the mug with 2 cows...

Just a friendly reminder this a rather normal looking midterm year so far. We got spoiled having such low volatility for so long. Only time will tell how this plays out. I am sure not going to ditch my trading plan now and become a Casandra, making predictions as to the level price reverses...

Pro traders, at least those that have done well, typically risk less than 1% of their capital per trade, some may risk as much as 2%. Even the math expert traders like Ed Thorpe are in agreement that risking more than 2% of your capital on a trade is just to risky - otherwise known as on the...

Old school CIA/FBI/NSA systems for collecting data were completely replaced with Facebook/Google/Dropbox. The Stasi (East Germany post WW2) could have only dreamed about having such a massive surveillance state. Here you go:

I used to be a trader on a roller coaster my first 10 years or so, these days I am a risk manager, not from my own brilliance so much, more like adapting over the years from my many blunders. I had to fool proof my trading so that I could not F it up. That has made all the difference, going on...

These days I am mostly windsurfing, that's why I live here for the waves. I spent my youth surfing on Oahu. Maui has real strong wind.

Let's not forget that the intelligence agencies use FB to collect detailed info on people, these agencies can't believe just how easy it has become thanks to FB and Google which are in bed with them.

Gordon Gecko's view on ivy leauge college grads as traders

I would think the greatest risk to the stock market is the much larger bond market crashing.

In the U.S. most people are brainwashed to think the U.S. is the greatest country on the planet, the only free country, etc. etc. People think that if the people were more empowered at the expense of the multi-national corporations we would end up like N. Korea. The U.S. scores high on GDP but...

Many traders have blown up, even after having years of success & large accounts , nobody is immune from blowing up. In fact most will blow up a time or 2 before they have a decent risk mgmt strategy, even than you need a fierce resolve to always follow it. Making a lot of $ is the easier part...

Those that interview the big time traders have commented on how blowing up a time or two is something that they all seem to have in common. ;) The average retail account cant possibly be as small as some here claim. A study back in 2000 showed the average full time retail trader account was...

Trading goes against human nature - which is why so many struggle with it. When I was newer at trading a big up day did had my levitating with euphoria/greed. Over the years I taught myself to become detached from caring about making $. The less I care about the $, the better I do since their...

You may want to add: Dogmatic, hyper-critical, condensing, pompous, & ego maniacs with an inferiority complex.

I have the same problem. A good cell phone booster is expensive, has a lot of bulky ugly hardware and still may not be enough to give you good call quality. One solution is to get a VoIP line - you can get a good crystal clear line with all kinds of features like Sim-ring, 3-way calling...

College is good but it's not for everyone. I left home at 15 and just didn't have the $ to go to college. Instead I went to a 1 year trade school (mainframe computers, 1980) which I was able to pay off in advance, starting work with no debt. Right place, right time, right skills is all you...

Any tech company that picks liberal arts over MIT or Stanford graduates would make for a great short. Knowing Shakespeare will not get you far working in a high tech industry. :rolleyes:

For many people going to a trade school is a lot more practical than college since it gives you practical training & some hands on experience inside of 1-2 years geared for a specific trade which can get into a well paying job much faster and for much less cost. Obviously college is a must for...

The dude made a killer trade already paying 5€ for what cost thousands new. Well done!