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Yes, I've been trading CBI as of late.

I don't use trailing stops anymore, I just use regular stops instead. In most cases I set the stop a little lower than some important technical point such as a 50MA, 10MA, ATR or whatever else it may be. In most cases I found out that if I set a trailing stop the position will get stopped out...

Can you please be more specific about the day job that you have? You obviously must have a lot of free time to trade during your day job to have those kinds of returns?

Heh, yeah. But it's where I was born and where I spent a good chunk of my life. It's the only place where I feel very comfortable and completely free and you can't put a price on that. Not to mention the fact that I can live very comfortably on $600-800 a month, which is perfect for a trader.

I'm interested in responses too. I'm probably going to relocate soon too, although I suspect my move will be a bit more complicated since I'll be moving from U.S. to Ukraine.

I have a degree in Finance and I would say that I learned absolutely nothing about trading during my years in college. Even classes like "Advanced portfolio management" and "Advanced Investments" were completely useless. The only good thing you'll learn from those classes is how to manage...

I'm sorry, but this guy deserved what he got. Making $750k a year and only $500k in savings? There's obviously some very very bad money management going on. He said himself that he didn't care what anything cost he just put in the cart. And the $30k a year private school tuition? That's...

You're right. I thought about that after I hit post, but I was too lazy to go back and edit it out.

So a bunch of Joe Investors got their asses handed to them in the market and they made a movie about them crying about it? It's not really a secret that Sirius "investors" are some of the dumbest people on this planet, you don't have to go far, just look at the Yahoo message board. This is...

worst advice ever.

Not more than 5. Anything more is a disaster waiting to happen.

Your emotions.

Focus on being right for the week, not for the day.

Sounds like a disaster waiting to happen. I don't think I've ever met anyone that was successful trading based on volume and news.

I can't believe what a bunch of n00b's this forum consists of (i'm not talking about the thread starter).

The member section is the only section that is worth visiting since the free section of the website is not updated that often. You can get a taste of the member section by looking at the archives. Unfortunately the member section is $100 a year, however in my opinion it's the best $100 a year...

It wasn't a plug (if you're referring to what I said about Kirk Report). I have no relation to Kirk whatsoever nor do I get any monetary or any other compensation from him. I simply love the service and I think it's a great learning tool for new traders.

As uninteresting as it sounds, you need to do paper trades for at least two years and see what strategies work and which don't. You need to constantly find reading material that relates to the market. There are a ton of great books out there about technical and fundamental analysis. I...

Yeah? How exactly do traders in your world measure performance? Daily Return? Get a clue buddy.

You do realize that this is over 200% annualized return right? If you figure out how to get a 200% return on a regular basis I'll be willing to pay you $500 a day just for you to teach me your ways.