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If you're profitable in trading, you're going to have all the psychological freedom you need. My point is that those that have second jobs, well either their not as profitable as they need to be or are not as confident in their abilities as they need to be. I have no problem with those...

He's talking about cashing out equity and trading up. Real estate allows for maximum leverage due to low down payment requirements. Only problem with his scenario is a real estate market downturn like we're having. Real estate is merely on leg of the stool to financial freedom. The...

LOL Looks like there's going to be plenty of time to 'get in' VLO. LOL

There seems to be no valid response to your original question. Seems to me that you are not cool with the idea that you may just be an index trader kinda guy. You asked about a basket of stock across the economy and its sectors......uh THAT'S WHAT THE DJIA WAS DESIGNED FOR! The YM isn't...

Again, why would any profitable trader have a night job? There's too much to be done other than working. I trade as my job to free up time. Sounds like to me you're not making much trading.....again, this game isn't for everyone. Wasting time in the breakeven trading rut will kill...

It's already been done.....called the DJIA.

Understandable that music is a passion of yours and more power to you. Personally I don't find STOCKING GROCERY STORE SHELVES all that entertaining, enjoyable or anything that I would want to participate in at all. There's a difference in having to do something and doing things that you...

Agreed! If you have to work part time in a grocery store for benefits, uh trading isn't your gig. There are plenty of affordable insurance plans out there that range from as low as $50 - 150 per month. I only play 75/month for 1500 deductable and $30 office visits. If you can't afford...

Blah, blah, blah ET never ceases to amaze, more bullshit threads than you can shake a dick at. blah, blah,blah....

IB is IT, PERIOD. Only thing with IB is that you have to know what you are doing. HMMMM what a catch. Like everything in life, learning takes time and money. To the begining trader IB is probably not the best, but they quickly become hard to beat once you stay alive long enough in this...

The first thing to consider is the basics of shorting stock. Always remember your ultimate loss potential. When you go long a particular stock, your loss is limited to the amount of money you spent in order to purchase it. You purchase 100 shares of a $90.00 stock, your ultimate loss...

We will see REALLY how much you've learned. Hopefully there won't be as much whining as there was last time. It got kinda cruel there for a while, sort of like seeing a bull in the arena get butchered by a bad matador. Time shall show us all. Good luck to you, part deux.

O.P. First thing you need to do is sit down in a quiet place and develop some REALISTIC goals. You need to assess your strengths and weaknesses and work on them. Mastering a piece of software isn't going to make you a good trader. The software makes a good trader better. I trade every...

Thread original request translated: I've been trading for a little while and thought I'd be profitable by now, please someone spoon-feed me a profitable method for trading even though I will really not change my mentality due to the fact that I really know quite a bit and really can't believe...

Hey, what's it really matter what their reaction was as long as you can live with your advice to them. Personally I think it was the wrong way to go about it, if indeed you said "don't walk away, run", but hey to each his own. More importantly what did you learn from this experience? What...

Look, I agree that many people get hurt trading options out of ignorance, but with that being said, you don't need to know any of the more complex strategies or greeks for that matter to trade/utilize them successfully. Everyone uses options for different reasons, and hey it's a free country...

That's why most of these forums are useless. Too many in this options section waaaay over-think things and insist options "HAVE TO BE" something that they don't. Granted many here would have us believe they're trading very complex strategies (maybe so, maybe not), but many, if not most...

"Elite" indeed! :D

Can't we all just ge along!!!!!! :D There's a place for everyone that wants to be successful in trading. Hell, if there was one way to be successful then there would be no market. What I find funny is how many people get ruffled on this board when they are challenged at all. It's the...

I guess we all know what that Heisman trophy is good for now... A boat anchor!