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My mistake ... I simply misread the quote.

Posting the chart of a trend you like and an entry point as well as a trade in a range might help us all see whether we think it is prediction or not. I'm not suggesting you show us you "special" indicator or anything you consider proprietery. I followed this thread for awhile and I think...

I never heard of a broker insisting on anything beyond stating commisions, margins etc.

I remember Davis from Wall Street Week and he and Marty Zweig were always the guests worth watching. You're probably right the model has and can work but so rarely and probably not recently.

The guys that can make something like this work have little or no real incentive to do it. There is no reliable source of supply hence there is no business model to be structured. Unless of course a guy can make some coin on superb promotion that is at its heart dishonest (the claims are...

This is correct. The time for the vested interests to need/want a strong dollar is past. We are in the depreciation phase of the endles cycle. Time to "repay" the debt. "make good" on the numerous social contracts and the only way to do those things is in nominal terms. I have no doubt...

For something to actually be a currency you need to be able to exchange it for the goods and services you use in your everyday business and oersonal life. My landlord. my grocer, my gas station, insurance company etc. don't want bitcoins. For the moment they are all happy to accept the US...

So, if I buy a 30 year Treasury right now yielding maybe 3.4% and six years from now inflation runs rampant and that same paper yields 6% by your calculation I haven't bent myself over and rammed a hot poker up my butt? Of course I could hold it another 24 years and get my principal back and...

I'm confused. How is that no risk. Isn't the real risk that he yields $3,000 on his million or .3%? On what planet is that zero risk? Do you believe that an outcome that yields you $3,000 on a million over the course of a year is anything but a statistical profit that allows you to feel good...

I agree with a concept that is central to this post. Think a bit more like a trader and less like someone consumed by the need for a constant return. I don't think 6% is a hard goal to meet in any market as long as you are ok with having a flat year or even a down year occasionally in a string...

Good question. I hadn't thought of it as so long ago but in fact I was last there in '96. That is a long time ago and it could be quite different today.

In most countries if you think through where you live and travel you can stay safe. The place I found to be the exception was Jo'burg South Africa. I lived in the most affluent neighborhood in the city and my office was five blocks away and there was still danger.

While I do not take issue with the concept of avoiding great, heady, thinking deals it is important to note that given what Lynch did for a living he was always net long in large size. He had no choice.

By and large I agree with this and agree 100% for trades that are of shorter duration.

Am I the only one that is dubious about a firm that will let you open up with $5 deposit?

Even healthy housing markets can grind to a halt with a sudden and significant rise in rates.

I agree concerning yourself with resale value is a waste of time/energy. But he was cleary concerned.

It is all about that positive expectation over a large sample.

Assuming latency is the same -- safe assumption -- don't spend a penny on a bigger pipe.

It is foolish to talk about maximizing returns without relating it to risk. If I just want to max I can max out every play by utilizing all my capital. Once you take risk into account then it is certainly not irrational to take comfort into account. Only in an ideal world would there be an...