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I know people flipping low to mid 8 figs now. They can do 100%+ now. When they were at the low 7 figs, they were still doing 300%+ years.

Let me manage it for ya.... lol. You can have 35% guaranteed and I can keep the extra 200% for myself.

I agree with you completely. It's way easier to move mid 6-figs than 9 figs, but I think that at some point, even moving that much should yield at least 100%+. Just think of all the large caps that have had intrayear ranges of over 50%. Then think of the other markets that are tradable. Many...

Who cares what the "wizards" are doing. I think the books are incredibly well written, and show some true insight into some very high quality minds, and strategies, but these guys never make real high % returns. I'd be pretty upset with myself if I had only a 100% year. Most of them are VERY...

How bout just buying some eds dec 50 puts. I just snagged 20 on friday at 4.1 each. I'll add more higher. This is going to 30 by xmass. Add that one to your poll, then read the latest 5 postings by herb greenberg.

I'm p2, nuff said... lol ---------- Honestly though, I do keep a running book of what every post does. These guys always repeat. Just look for the patterns. Most importantly I think is to just learn with guys to avoid. Some are just way too good and they keep their markets too thin.

Here's a better one. If you do have capital in your account, how do you calculate for taxes. Do you use your starting capital on jan 1, or do you use the figure you'd get by taking jan 1 - any extra taxes (rebates) you get (receive) from april 15 calculations. I currently am using the figure I...

I have never taken their test. I have a "lifetime" membership after getting interviewed. I recommend you get a subscription and to read the old interviews. THey have about 50 or so now. Some of them are by some really really high quality traders. All of them are way better than me. I find that...

I sure am having no trouble in this market. My trading account is up way way more this year (130%) than it was at this time last year. I think that most people are looking for momentum and volatility that isn't there. If you trade countertrend, you'll do much better. When markets don't go...

I can't and refuse to believe that there are just 5k traders. There are at least a few hundred nyse/amex specialists. Each of the 10 large firms have trading floors with at least 100 traders and usually more. Just think of how many mm you see displayed on your montage. Most guys can't make a...

I personally chose #3, but I think that's not close enough. I often take very large intraday positions, and hold them overnight. Look at RNA for instance. I took a ton of it at 10.9's and held it overnight to sell at 11.62 avg (I think) the next day. I personally think it goes further, but I...

Huh, what are you trying to say? I thought I gave decent advice as to the pros and cons of trading this particular stock, and the real live examples from my trading last week should be able to demonstrate what I mean. I do think that it slowly trades down below 30 at some point in the near future.

I have looked at these sites, but it's not yet what I'm looking for. I believe that especially in turnaround situations, insiders know at what point the stock either makes it or doesn't. Usually they know this way before the street ever will. I have a list of dozens of stocks that went from 2 to...

I've traded about 1/4 million shares of ge in the past 2 days. Most of the time I did it in lots of 10-25k a pop. I think I made about 7-10k net on this stock (though paid about 2k in commish). This isn't my type of stock so I'm sure someone else on this board would be able to comment better on...

Hi, I was wondering if anyone knew of a place that I could do scans for insider activity over like a 5 year period. I currently use thompsonfn, and it's decent if you enter in single tickers, but I want to be able to scan the entire market over a longer time period and look for consistent...

I'm sure there's a thread on this, but I looked for an hour and couldn't find it. Yesterday, I just wrote the IRS a check for 40% of my account. It's crazy. I then just signed away another 10% of my account for my first quarterly payment this year, and another 5% of my account for state taxes. I...

Hey, this is my most memorable pki experience and the reason I didn't trade it for almost 3 months before I ventured in again. Before Pki split, I had 3k of it at 69 I believe. There was a 5k bid at 68.7. I bailed market figuring that I'd get either .7 or better. Well, I got .8. I was happy...

Firstly, I don't trade pki, that stock has taken about 20k from me over the last 6 months. Enough is enough. I have a list of stocks on a postit on one of my monitors. There are about 20 stocks on that list that I can't trade. Pki is one of them. I did SP today. I got hosed badly. I lost about...

I know you are talking about 5 sigma events. I thought that sept 11 was one. If I don't risk more than about 20% of my account on any one intraday trade and about 15% of my account overnight, I think i'm pretty safe. It's rare for a stock down 50% to loose half it's value again.

I think that there is little or no chance of me washing out. My total positios are way too small to have a significant effect on my total account. I have not had an event (series of losses) in a year where I lost over 15% of my account from an account top to a low. I have only had about 3 times...