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On 1/1/14 if I have 50K on deposit at a futures firm and I trade 5 lots of ES (or 4 lots or 6 lots) and at the close on 12/31/14 the equity in my account is 100K in what sense have I not done a 100% return. BTW ... I'm not in anyway suggesting that is easy to do or even doable on a consistent...

Trade smaller ... much smaller. Get in the habit of pulling the trigger for some money and stop telling yourself you know where to trade. Trade.

Likely outcome is that the bones are picked clean and there is little or nothing left for common holders. Could this one be different? Of course, but only those willing to dig deep and parse the balance sheet with diligence and real skill at such work can know.

Generally in circumstances that are as screwed up as this the common has zero equity. Frequently the senoir equity holders take a hit as well but frequently get some payout.

Guys, his entire premise is BS. This one really is that simple. He has taken one successful breakout and formed a universal theory that TA works. That makes him a freakin' moron and that also makes not being willing to recognize that reality an exercise in foolishness. Why complicate it?

This is how he titled his post: Proof that technicals/ charts work-- SINA It is no diffferent than if I posted: Proof divining rods work: Man finds water in just 20 minutes with one. It is a single data point. It is not proof of anything. To claim it is is so damn moronic a nine year...

Please understand that I am not in the camp that says TA/PA is worthless ... far from it. But how can you provide a single example and suggest that proves anything works. Only a moron can can actually believe that is proof. Please understand I am choosing the word moron carefully. Posting...

How many capable people want to launch a start up that requires a huge capital investment against entrenched competition without some sort of disruptive technology or other clear edge? What would you do offer their customers a 5% lower commision rate? Give them better day trade margins and...

I don't trade options so my take might be innacurate but I think your account should fall under SPIC. It's great protection if you stay within the bounds of what is insured.

I was referring to this thread but your point is taken.

WOW ... this stuff is even getting too juvenile for me and my standards are awfully low. Guys once it gets to the point where we are shedding zero light on anything to do with trading you need to consider breaking off the exchange. There truly is nothing going on here of any value to anyone.

Understood.

This video is so bust out and astonishingly obvious that any 11 year old should see the gaff. Anyone that gives them a quarter is so severly retarded they should be in an institution. I posted it for comic relief and there are clowns on here who are trying to dfeconstruct it so it's obvious...

Invest less than four minutes watching this video and you'll see how big money is made in the markets. http://www.youtube.com/watch?v=voNcVe4nINg

Gee wiz. I'm glad you pointed that out to me otherwise I was going to track down the educational firm that produced this, give them a few G's and walk out a first class trader. I was thinking I would make the tiny sum I paid in tuition back in under an hour. Many thanks for your help and...

I would watch the whole nine yards (only four minutes) but if you are impatient skip to 2:30 in. http://www.youtube.com/watch?v=voNcVe4nINg

RN, An example of a "right one" and of a wrong one on the same chart would add real value to this discussion. Most successful traders (maybe 80 or 90%) use trend lines and believe they have value. Yet, as you say, the right ones are money and the rest are useless. I might say even dangerous.

Do those 2002 levels leave him on public assistance? It is an overpriced stock but as a company they are so difficult to compete with in a bull market it can stay overpriced for a long time. But again, even at a 90% decline in the price of the stock, he is a very wealthy man. If he needs...

I'm sure these ABC guys are wonderful people, smart and burn the midnight oil on behalf of their clients but if I hear one more time about one more guy that is passionate I'm hoping to be standing next to him so I can puke on his freakin' wingtips. Enough with these platitudes that have lost...

You don't buy The Post or The Times to express your views. You buy one of them because they are where the establishment expresses their views and you can tilt the conversation -- within bounds -- the way you want/need it to go. A steal at the price. It's only the price of two impressionist...