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Seems like a waste for you to head off to Afghanistan given your qualifications - though you seem to be thinking that just cause you have a degree from a top 20 institution that the world owes you a living. Anyway, there a lot of jobs you could do without joining the military. This seems so...

Retrace? Dropped like pants yesterday against the Yen.

This is the second year that I've really enjoyed following your posts, Neke. To be frank, it has been inspirational to read - both to see you do so well and to keep posting despite the set backs that you've occasionally encountered. I'm looking forward to next year's thread as well...

In principle you should always avoid anything to do with the Middle East, Africa or other parts of the third world. It's where all the serious shit happens.

The time investment is definately the most significant. It seems to take ages, with many ups and downs. One week you'll be up and think you're on the path to Buffettland; the next you'll lose all that you made before. Then you start taking riskier bets to try to recoup your initial...

How much importance do you place on bid and ask data (not sure of the translation as I'm in Japan but the buyers and sellers), in addition to that of charts? I often see a large amount of bids/asks that suggest that it will be unlikely that the price will surpass a certain point, or find...

I've never traded US stocks from Japan; from what I gather it seems difficult to establish an international account if you're not based in the US. Time differences also make it difficult from a day trading standpoint, though London has feasibility for this. Seems to apply only to Japanese stock.

I trade in Japan and it seems that there are a lot of limitations in how trades are implemented. On most stocks there are limits on how many trades you can make in one day. If you purchase once and sell, then you can make another purchase but you can't sell it off in the same day. This is...

Have to agree. While it's going to be painful, recourse to letting events take their course may be one of the better alts.

multiple trades in one day when you're new is a surefire way to lose lots of money pretty quickly. In my limited experience that is one of the things I learnt pretty early on. Last week, only 20% of my trades were profitable - granted it was a very bad week but by Wednesday I withdrew to...

Technical Analysis of the Financial Markets, by John Murphy I liked this book. While spending hours looking at the screen is extremely worthwhile, I found that this book helped me to make a bit more sense of what is going on. In that respect it is very useful. Technical Analysis by...

For the sake of a 2% loss, I then watched one stock drop 97% following the high profile arrest of a CEO in Japan (it was the time of the Horimon scandal in Japan (I'm trading Japanese equities). Totally unpredictable. That was around five years ago so the stock is virtually worthless now and...

I'm still learning all about the markets and trading. If the market's open then I just sit and watch the ticker and occassionally flick between different time frames. I actually found this very useful, in combination with the RSI/OBV and the number of buy/sell orders. However, I've yet to...

I generally have the opinion that an MBA is only really valuable if you have 5 or so years employment experience after graduation. As I understand it, most of the good MBA schools look for this in their entry requirements. When I was at business school colleagues on the MBA were mostly in their...