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Ghost: I never accused you of anything. And you called me stupid in that thread.

"Please don't tell me you are this stupid." Depends if you can recognize the fact that you can buy stocks with an intrinsic value less than your account size, and that the worth of those stocks you purchased can really, really go down, and that fact would indeed change the way you trade. And...

Look at where the CL future closes on Wednesdays (API-DoE), and where the TY future closes on the first Friday of every month (Civ Unemploy). If you can ignore the first 30 minutes of noise after the initial market reaction to the number, the settlements are remarkably sublime given the daily...

"But, I can see what terrorists have against New York." It's the whole 'killing in the name of God' thing perpetuated by just about all religions through the ages. Somehow, Mohammed wouldn't like the Big Apple (or London for that matter).

"Questions: Do you day trade? Do you believe that working S/R is a long term poor way to trade?" Besides from being short and confrontational, maybe ask a better question. What is your definition of "day trading" - specifically, what is your holding period? Makes a big difference with S/R...

"That's not true. If your position value is less than your account size, then you can simply sit on the position regardless of how low it goes. For example, I own several stocks, and I have no stop in them. If they all fall to $1 each, I will buy more, and quickly retire off the absurdly high...

"Do you believe that working S/R is a long term poor way to trade?" Sensational choice of context, as usual. My point is that any technical trading model will require adjustments over time. For example, how many different ways are there to calculate support and resistance levels, even for...

chkitout: You remind me of my little brother; once I schooled him about how not to be such a buzz-kill, and wonder of all wonders he finally got laid. Of course, the dipshit went off and married the girl, but I did try.

Wow, peace on earth on good will towards men. Chkitout: why the unsolicited and impulsive aggression? We're talking real estate prices and you just make a really silly judgemental value statement about people. Chillax. Check that shit at the door.

Don't post code for anybody. And do not post code on a "neutral site" hosted for testing trading systems. Those sites exist for a reason, and your best personal interests are not one of them. You backtest it for yourself, and if you believe strongly enough in the results you find a way...

"2) Would you be willing to short-sell, out-of-the-money credit-spreads as a way of collecting some option premium dollars? Does that qualify as additional income for a trading account? 3) Would you be willing to do naked-writing of at-the-money options on their last trading day?" That is...

Macro: I am in complete agreement. Sitting tight, cash in hand. It's kind of like the QE2 and the Fed - fade them at your considerable peril. I am looking, and I have bid - but I think the available inventory on the open market is quite modest compared to what I know for a fact has been...

Since this thread was hijacked long ago, maybe consider moving it under the "Journals " forum, possibly label it 'Jack Hershey's Exact Science in Detail'.

Joe - as usual, your discretion is spot on. There is absolutely nothing wrong with shedding a bit of daylight on available training venues and discussing the merits to any commercially available product.

I am on the North Shore - looking to buy distressed properties. The foreclosure lists on the Cook County and Lake County Sherriff's office are orders of magnitude - literally, in size compared to what Fannie and Freddie have released to realtors, the FHA, or on their own website for resale...

Every trader using live money in the live market has a stop whether he or she has the guts or not to admit it. You will get stopped out, whether you do it yourself or the firm clearing your trades does it for you. The only question about stops is: are you going to do it, or will somebody...

Well, and now we are at the crux of the issue at hand - Fannie Mae and Freddie Mac, with our tax money, are holding a monstrous inventory of foreclosed/distressed properties that they will not bring to market in an effort to keep prices up - the supply would crush the market. FM and FM...

"While the fed continue to print money, you'll make a great return with no brokerage costs" That, RB, is incredibly brilliant.

"It may too late to adjust then. Good systems function well under many possible market conditions." The market just doesn't change in an instant - you see it in your P&L as your Win/Loss ratio comes off. You keep track of your performance metrics in a spreadsheet, and you can even plot them...

It seems like the entire "Trading Raw on You-Tube" thread under the Educational Resources Forum might be questionable.