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What a loser

Most bookies take all bets and if they can't balance they lay it off on another bookie that will take the other side. Most bookies that run a solid book have enough of a bankroll to weather the storm and simply take the opposite side. The closest thing to a bookie is a market maker, same...

OF COURSE! The Street has to fuck Joe Six Pack out of his money. You see Main Street USA and all the real estate speculators have to get their money into the market in order for all the investment houses to rip them off. What better way to get them in other than RECORD LEVELS. Can't whip...

This market is a trader's delight. Make hay while the sun is shining.

So what's the lesson here? One of the most (if not THE most) important things in trading is to check the ego at the door. Go forth without ego, then the truth of acceptance becomes that much more easier to grasp. It is what it is. Accept it for what it is. Don't try to impose your...

Classic....Nice....Very Nice!

Options expiry next week. Looks like a lot of checking going on to try to keep the market "in bounds" until then.

Almost forgot.... Now if you can find a system that can return me 11% per year above and beyond that of the SP 500...... I've got some new clients that are looking for a place to throw some money. That's what I thought.

BINGO! Nothing stellar here. I'd rather just dollar cost average into Vanguard's VFINX or just buy SPY a couple times per year. The results would be comperable to your results minus all the effort. My time's worth more than that.

First of all the fact that you are calling this a Black Swan Event shows your lack of understanding of Black Swan Events. Also the fact that the plan was thwarted also demonstrates that terrorist events are no longer classified as "Black Swans". terrorist events have been priced into the...

This is some of the better advice on this site. ALWAYS REMEMBER it's about time in the markets. Success will NOT happen overnight. The key is to stay alive, solvent and hungry. The way I like to think about is that trading for a living is like creating a masterpiece of a marble...

You see, you are being fooled by yourself right now. What you are experiencing is the illusion of freedom and independence. These two things only come to the successful/profitable trader. Of course they come with time in the trade. You are fooling yourself by thinking you HAVE the freedom...

This thread should be renamed, Trading Stocks with NO Money. If I were the original poster, I'd spend my energy and time getting really good at poker. With $1500, you can bankroll yourself and work up from there. Once you're good at poker and have made some money, roll into stock...

Pivots are self-fufilling. That fact that so many follow them and use them tends to allow for them to work. News events are just a few of the things that kill pivots.

Naaaah, I'd rather invest in the companies that sell stuff and collect those more "valuable" currencies. Hmmmm, maybe there's a theme there?

Uhhhhh, ever heard of oil money from the middle east. How about Eurotrashers chasing? Just about every other market was up huge last year and now the US is playing catch up. Classic liquidity sloshing around chasing performance. How about all the real estate money that was made over the...

Take his fucking house, deport him and his sorry ass wife. The mortgage lender's on the hook now so who cares. As long as the fucking government doesn't bail out the idiots making these loans, let the markets sort this shit out. Ahhhhhh, the wonders of excess liquidity!

You people crack my ass up. I'm currently in 3 different stocks and the shorts are getting the shit squeezed out of them. It ain't over yet. Just check put/call ratios into this week, running high. Just because all the traders on ET are "smarter" than the market doesn't mean...

This ain't rocket science, but it does take a certain type of person to do it. It's like any tough profession (athletes, singers, writing), if it were easy everyone would be doing it. It is possible, it does take resources, time and in the end most will not make it. Hey, it's like...

I wouldn't know. But you seem to be proving that it just might be possible.