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Max! My favorite antagonist on ET! Will you be at my "Made the most Active List" party once I reach it?

You shouldn't call yourself such derogatory names! Oh, and your example is wrong. We could both buy/sell at the same time and profit. Think of a basic sinewave. If the transaction occurs as the middle zone and you exit your long position at the crest while I continue to hold until my exit...

Great! Fame and fortune will be mine then. I am but a small step away from driving around in a pimped up Lexus with gold rims while crusin' this 'hood called ET.

For the last time -- markets are not "random," they are chaotic. Was it random that markets went DOWN right after September 11'th? Was it random that they came back up slowly afterwards? As you zoom down on the time frame, markets become more unpredictable. Think about this: On a...

Gordon, What were you trading when you were 3??

Daniel, I will not let you fail. I'm rooting for you.

Almost! I'm in no rush to get my ass kicked!

If you are really afraid of being caught with your pants down overnight and have a "really good hunch" that the market is going to go a certain way, you could always purchase options on whatever your flavor is and limit your risk to 100% of your option price. The total market cap as a...

My highschool guidance counselor would have loved to trade me for another student. I've been faded all my life :(

25 - High School Drop out. Full time McDonald's Crew Trainer. Part-time janitor for a Fortune 500 company. Have traded stocks, bonds, options and soon going to take a stab at futures. YOU WANT FRIES WITH THAT ORDER, SIR?

If you look at the big picture, we keep slamming deeper into the red, followed by occasional rallies that bring up back up some. In my opinion, we definitely haven't see the bottom. This market still have plenty of weakness and confusion built into it. Looking at the charts, I think the rally...

Nutsneal, I appreciate the kind words but why would you post what you posted about Johny not being able to trade simply because he's disagreeing with you about stocks being a Zero-Sum game? Let's not take it personal! I'll just say that we can agree to disagree here because we view this...

Jem, Good post. I am merely stating that if you view the equities market as an enclosed system, whatever is put in must equal whatever is taken out. Since you mention dividends, the system is no longer enclosed or encapsulated and that changes everything. However, for the most part, it...

Let's say I sold 10 contracts of OCT PUT $10 on ORCL for $1.00 and purchased 10 contracts of OCT PUT $7.50 on ORCL for $.05. At expiration, the price for ORCL is $10.00. If my account does not have the money necessary to purchase 1,000 shares of ORCL at $10.00, how is this resolved with my...

I think this isn't the complete story. If turning your computer on and off reduced its life expectancy by 50% and it normally lasts 10 years -- is anyone going to use a 5 year old computer? If, on the other hand, your computer is drawing 100 watts an hour to operate and you turn it off for...

Daniel, I'm not trying to be stubborn here -- I'm just trying to see your point of view. The total amount of money lost plus the total amount of money won should equal 0 excluding commission costs. If [MONEY PUT IN - MONEY TAKEN OUT <> 0] then that means ... MONEY PUT IN = X MONEY...

$400 million just didn't get printed from thin air from a simple IPO. The market value is determined by how much someone is willing to pay for it. If there is $400 million in market value, then on paper money may seem to have been created, but in reality there will eventually be losers. There...

Yes, and then someone else can buy it at $40, then $50 -- so everyone keeps making money out of this machine and nobody losses. However, at some point the top is reached and then, when they go to sell the shares they bought at the top, they're going to get less money for it. So, you see there...

I'm not always very good at writing coherant well structured posts on the fly -- so please forgive me if I skipped around. I don't believe that science has run out of ideas, but it is reaching a point where a lot of what we once believed to be true is either not entirely that way or...