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Sponger Forget becoming a full-time trader. Stick with your little business. :)

Amazing as it may seem most of the failure in trading is because existing traders or wannabes decide what they really want is to be a loser. Its not that they say that but it is what they need to do. They need to confirm their identity as a loser. This appears to correspond to Transactional...

Everyone one in this business likes to listen to or read a lot of yabber blabber about the markets and stocks from pundits, analysts and whoever. Of course a lot of it is horesh*t but, you know, we all seem to like it there as some sort of necessary wallpapering for all of us who are in this...

Independent trading is not for most people. But there are no barriers apart from putting up some money. And, hell, its always a good thing if people are allowed to give something a shot .. happens in a lot of things where as usual top class winners are very very few. Generally I don't...

Getting filled right away Are you a girl with an urgent boyfriend? Only kidding. Forget it. :)

What is this horsesh*t about broker BS and then suck up crap about real & honest traders at ET? Opinionated superficiality makes you part of the predestined 95%, the market sucks in and spits out .. into the big loser pile. :)

The TV financial presenters or commentators on the markets really don't know horsesh*t about whats going on and whats going to happen in the market. They do the job for their salary. They'd sh*t themselves silly if they had to be traders. While I do take note as to when there will be...

Does everyone have CNBC turned on while trading? No. Sweet. :)

The Meaning of Life .. is that your life IS the meaning. You get one shot .. and its yours for as long as it lasts. :)

G K Chesterton, was the only serious author of fictional works (ie Father Brown Stories), I chose to read in my youth .. preferred serious newspapers, histories, biographies & factual stuff for my leisure reading. :)

The point is that it is not question of apologizing for alleged fraud. Enron stock was going to get trashed in the inevitable bear market whenever it came. So many cannot see what is in front of them. And in buying or holding on to any stock it is indeed caveat emptor. :)

Jeez I've wheeled out this salesman's old mantra so many times: "You didn't plan to fail; you just failed to plan." :)

You got it. Spot on. :)

Indeed, as has been often quoted from Gordon Gekko in 'Wall Street', "greed - for lack of a better word - is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms -- greed for life, for money, for...

There was no defrauding. Ken Lay legally received salary, bonus & Enron stock options/allocations on which he paid tax when it came due. The Enron accounting arrangements were subject to legal advice and audit .. so the concept of fraud is difficult to argue without documented intent & trail...

There appears to be lots of emotion against Ken Lay. It is very tragic for his family but today he 'won'. He gets the final say: 'No mother f**kers I'm out of here. I'm gone. I will not be doing any of your dumb time in the slammer.' My perspective is non-emotional. Enron was a big glamour...

Or "All things work together for them that love God." (Romans 8:28)

It might first help to get to the nub of what is Dow Theory: "An uptrend is defined by prices that form a series of rising peaks and rising troughs (higher highs and higher lows). In contrast, a downtrend is defined by prices that form a series of declining peaks and declining troughs (lower...

This appears to be very uneven trading not subject to an accurate methodology. If your approach is hit & miss and 'feels like crap', the remedy is to work out or adopt precise management of your entries & reverses in order to utilize the days gyrations (eg YM) :)

Your straight forward need to be a loser. Commonplace & nothing new in that. :)