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I will only point out here that if someone had bought SPY each time an ET member called the top in the past 90 days, they would be long ago retired. And if those who called the top actually shorted on each call - which I seriously doubt - they would be long ago broke. What does that say...

Why am I the only one who sees a Catch 22 here? If you have the assets to qualify for a 100K line of credit with a credit card, then why don't you have the assets to trade?

Sprstpd - if you have been around here any length of time you would know that Gekko is the LAST person you would want to be posting "help" of any kind. I believe this is probably his 10th "comeback" in his last 2,000 posts. These comebacks are interspersed with at least as many promises to...

LOL. Yes, any moment now he should be getting a call from Don Bright.

So, ah...Anthony. How are you doing on your first trade? And what in the world are you doing shorting the market in January? If, as you say, you shorted NQ because you couldn't find other stocks to trade, I have to honestly say that you are not starting out your full time trading career...

Whoodi, the fact that not a single poster here has discussed the instruments they are trading, indicates that you should take most of this advice with a grain of salt until that is clarified. You will find the same thing to be true when reading most posts on ET, in that traders will give an...

Listen carefully to the voice of experience. Do NOT sell naked just to collect a little premium, ESPECIALLY if you are new to options. A couple bad trades can kill months of struggle, and possibly your equity. You don't think it will happen, but it will. Why? Because shit happens, when you...

Like many other maxims in trading, this one doesn't hold true in many circumstances. In my case, for example, if I were to cut back when my equity curve began to drop, I would lose out on many of my best trades and seriously cut into my overall gains. Why? Because I buy weakness, and when the...

After your childish, rude and completely distasteful diatribe against Christians and Christianity on Christmas eve last month, I don't think anyone here at this site could possibly be shocked by anything you have to say. At one point your posts were a little entertaining because they were...

That's the track record where somebody stands on the track in front of the speeding bull market and gets run over while they wave a flag yelling SHORT SHORT SHORT. A new one every day. Arms, heads and guts spread over the countryside for the past 90 days, and nobody learns. Well, at least...

Must be a pretty lonely planet! What do you do for fun?

Fib projections are known to show ACCURACY for selling signals?? On what planet?

That's a good question, but it goes to the issue of what "run" is. In my mind, a 10% gain in a few days qualifies as "run", especially if one is trading a system that maximizes profit at that level. If you are trading a system that specifies an exit, and you elect to extend beyond that exit...

But he will take a credit card for the 200K. Just think of the free mileage!

Pigs get fed, hogs get slaughtered.

You aren't clear here, so impossible to answer. You're talking at one point about Netflix, and at another about gold. Are you trading stocks, commodities, or what? And if stocks, are you position trading (I hope?).

You came to a public site asking for info on trading 250K. And you were expecting what? The wisdom of the ages? Get real. There are some good comments here, so you now need to move on, because ultimately it is up to your friend's level of confidence and abilities. He has all he needs to...

I count this as the 56th ET prediction of a market selloff in the last 90 days. Eventually...someone will be right and will experience what I call the Elaine Garzarelli phenom. One right call in 1987 and she is a hero for at least a decade. Let's just hope and pray that it isn't Mr...

Well, not necessarily. I work about 7 hours a day, and some days not at all, depending on market conditions and trade setups. Your friend should not assume that he needs to take on heavy hours and a lot of of stress through daytrading. Again...if he has been successfully swing trading, the...

The Bible. You'll need it.