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Be nice if you justified your opinion showing us why holding QQQ was wrong. It has done quite well since the recovery started back in the spring of 2009. Personally I'd like to see an exit strategy to avoid the next down turn.

Like the Brad Paisley Song "Online" says I'm so much cooler online 'Cause online I'm out in Hollywood I'm 6'5 and I look damn good I drive a Maserati I'm a black belt in Karate And I love a good glass of wine And I trade successfully!!! :)

As a investor I'm mainly interested in how safe is my capital. Can I get my capital out at any time? Are your returns better than a strategy of Buy and Hold SPY. How do you manage risk? How much will it cost me to have you manage my portfolio? I your case with no track record to speak of...

Pretty well sums it up. If you don't do any of the above you are well on your way to becoming a successful trader.

No it is that simple. A couple mouse clicks gets you into a trade. If you like you can enter with a bracket order so your exits are already in the system. Set it and forget it. It does not get any simpler. Not really; I do very little research, no fundamental research and enter trades based on...

Supply and Demand. Institutional traders/investors

Not for me thank you. Don't see any reason to take the trade here.

I can only speak for myself. I'm well capitalized, I keep my losses small, My expectations are reasonable and I have a plan and feel I have the discipline to follow it. I do much better than buying and holding either QQQ or SPY since I quit buy and hold in 2002. There is nothing wrong with...

It is really very simple why traders lose. 1 Under capitalized. 2 Don't keep losses small 3 Unrealistic expectations 4 Don't have a plan or the discipline to follow their plan.

That was good advice then. What do I buy today? :)

No charts. Explanations are there. It can be done. The trades worked because I followed my plan.

I have done it for a couple month in a real time journal here. There was very little interest so I quit posting. I don't do it anymore as my swings have become longer term. I usually double a long term hold of SPY.

Anything is possible. Realistic for a novice trader, not so much.

Ah, Another system.

Set it up as an If/Then scenario. If the market does this Then I will do this.

It is all about choice. Tough choice in a consumer society. Nothing wrong with being frugal and saving for retirement or whatever. One thing I found is that once you develop that habit although you accumulate a lot of wealth you don't enjoy spending it. I've never seen a hearse pulling a...

I did the same a few years back. I now spend a few minutes each day looking at the market and making investment decisions. My returns are not significantly different.

About as many as the number of medium income earners that put aside 24% of their income in an investment account and then stay with the program thru 2 major crashes.

To determine if you are rich you have to consider all the things that money cannot buy.

Besides the obvious info I use for tax purposes I also have columns for Set up, (What type of setup I used to enter the trade, I only have 4) and Plan (Whether I followed my trading plan; either yes or no) I can manipulate the data to calculate win/loss percentage overall and by setup. Planned...