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The correlations to trading are striking (bold) Online Poker Study: The More Hands You Win, the More Money You Lose ScienceDaily (Jan. 13, 2010) — A new Cornell study of online poker seems counterintuitive: The more hands players win, the less money they're likely to collect --...

This might make the ET top 10 understatements of the year...

this is not particularly true. People sue the officers of the corporation all the time. Whether or not they are liable (either legal or civil) depends on the charge/allegations. If someone broke the law, or if someone personally guarantees a debt, or if the corporation was decided to be...

The purpose of this post is seek advice on how I might move forward with Forex and Futures. If you are fairly successful with stocks, then wandering into futures and forex is probably not a good idea. It makes sense for most traders to actually consider going in the other direction. And...

:D $1.99 standard "get rich quick website website template" from someone living in Turkmenistan... Looks like a list-building scam.

if its the best platform available, why is it being unloaded for any offer? Where is the page on their website that says a license may be resold? Given you have 5 total posts, all on this thread, how is the person paying for it going to be assured that a) they will get this in return b)...

Put it this way. If you commit fraud (such as hiding assets this way), they can undo your entire bankruptcy. And worse. And better not tell anyone. It is amazing some of the ways that people are reported or found out.

90% of this has nothing to do with your point. The rest is not promising, unless you are institutional or a market maker. Without an edge, you are not going to make money playing with options. If you spent more time reading the copious copy on this site or elsewhere on the web about trying...

and maybe the newer traders can keep questions somewhat to a minimum. He (she?) said he was planning a journal; that does not mean responding to a sea of posts - some 8-10 questions long and expect detailed responses.

FWIW, Larry's "advisory" site is IReallyTrade.com. Although he is mostly retired from it, he posted results for the last few years there, if you care to peruse.

+1. New2TheGame - That is what I put in my first post, which was well before Jack starting venting his exhaust gases on your thread: There is also a large group of traders here, usually newbies, who are dazzled by Jack Hershey (spydertrader), SCT and his ilk. You will not likely find any...

You need some serious study of reality. That "75% " or "90%" or whatever expire worthless is in no way a guarantee of having any outperformance. It is a simple-minded view that brokers (Liberty, eg) publish to get the newbies to sign up. If you have no edge, you will not make money...

and when you count all the free services the lower income people get, the net "liability" to the federal govt shrinks that a lot more. I remember seeing a welfare mother who saw what jobs pay, and saying "why should I do that? I make more than that from the govt..." And some of those...

and when you count all the free services the lower income people get, the net "liability" to the federal govt shrinks that a lot more. I remember seeing a welfare mother who saw what jobs pay, and saying "why should I do that? I make more than that from the govt..."

That it "can be done" and that it can can take the length of time you mention to get a real edge, I will buy. But unfortunately, "relatively simple" that flies in the face of reality. There are few longterm, lucrative traders, including on ET. Some who claim this then blow out and lose...

Why Peak Oil is Peak Idiocy: Endless Oil Jan 11, 2010 Dr. Mark J. Perry BUSINESS WEEK -- Consumer demand, technology, and global politics are shifting in a way that could spell a future of oil abundance, not of catastrophic dearth. As Leonardo Maugeri, a senior executive at Italian oil...

Would be "Trade-At-Home" Dads/Moms have little grasp of the unlikeliness that a new trader will ever be very longterm, lucrative. A bad job is better than unemployed at home, searching the jobsites for work...

Have you ever looked at the tax tables? Tax is already seriously reduced for the poor. That is why the income tax is graduated, starting at 0%. . And a lot of the available tax credits. And a host of services for food, rent, heating, education, medical care and treatment, dependents, etc. etc.

This is way oversimplified. There is no inherent advantage in writing/selling options. You take large risks for a fixed amount of money. And the idea of earning 5-7% of month overlook the high likelihood of occasional but sure blowouts along the way, defeating the purposes. And of course...

didn't read posts 2&3 but your first post was actually a rather good assessment. Assuming edges are about outperformance in trading (finding market inefficiencies) and not about things like lower commissions or I would say definitely read the Aronson book on TA. Most traders seem to be...