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I have asked myself that question many times. I have traded for a living for more than a decade. I understand that I can make my living anywhere in the world with decent internet. The answer to my question as well as yours, is I have NO desire to trade from anywhere other than the place...

AMBULANCE CHASER is a term with a CONNOTATION that indicates all YOU want to know about lawyers who are the SCUM of the earth. If there is a LOWER life form than the AMBULANCE CHASING John Edwards who made his fortune in "personal injury" I CANNOT imagine it. President Hillary would have...

Losses like shit, happens. But for the profitable trader, losses happen, they are NOT a result of UNDISCIPLINED behavior. For the undisciplined trader, the autopsy of their losses usually can be traced to lack of discipline.

Since this is a PSYCHOLOGY thread, I would like to comment. First, many CONFUSE discipline with structure. This is fairly common and it the basis of most HORRENDOUS parenting. Discipline is not achieved by MORE STRUCTURE. If it were the ASSHOLES in our GUBMINT would have the...

As to you your first point, I may have been fortunate as to when I started trading. I started actively trading in the early nineties and I simply rode one of the greatest "bull" markets in history. In those days, I NEVER shorted which was a wise thing. I have NEVER blown up. I did lose 13...

Once upon a time I made a lot of money trading equities. I made enough to leave a fairly lucrative and stable profession for which I was trained and held a post graduate degree. You have posted your question in a section of Elite Trader called Trading for a Living. I am no longer...

I am an opinionated, politically incorrect, prejudiced, mean spirited, totally subjective individual, and AIN'T ashamed to proclaim what everyone who knows me is fully aware of. But my subjectivity is exclusively directed at interpersonal relationships that I see as predominantly political...

I do not watch CNBC anymore, but I was channel surfing while on my treadmill this morning before the market open, and Squawk Box interviews John Podesta. WTF does Johnny boy know about the private sector, other than that be his enemy? CNBC is Cheerleading for Barry 24/7, or at least when...

Alan Greenspan was a MASTER POLITICIAN and a MEDIOCRE ECONMIST at best. Appalled has two l's by the way just as Hell.

CNBC Poll: Should the Fed be Abolished? NBC should be abolished. What a bunch of IDIOTS. Replace Jay Leno with the biggest Dork in broadcast television, Conan O'Brien. Put a guy who was only MEDIOCRE on late night television, on five nights a week in prime time. Think a...

I have not seen many many Cramer threads on ET lately. And to offer the convicted lying insider trader crook Marthy Stewart's favorite expression with a shift in verb tense, THAT HAS BEEN A GOOD THING.

As Yakov Smirnoff once said, WHAT A COUNTRY. 27 FUCKING POSTS and you SET the rules. I say anyone with JUST 27 FUCKING POSTS who tries to set the rules is a WORLD CLASS JACK OFF. And BUDDY your have found your HOME, because WORLD CLASS JACK OFFS tend to be the RULE on this forum...

At least he stayed in the private sector. He could have sold out and got some stupid ass Gubmint job kissing lazy illiterate welfare state low lives. Selling hot dogs is still a buy low, sell higher occupation.

<cite>Rising Debt May Cause Sun to Set on U.S. Economy: Chart of Day <cite/> I DON'T GIVE A TWIT. I am just some DUMBASS trader and I can tell you as the sun set from 9/15/2008 to 9/15/2009, that was a VERY GOOD YEAR. I am NO FAN of President Barry, Nasty Nancy Pelosi, or Dingy...

TURN OFF THE TELEVISION. NEVER WATCH A BUSINESS CHANNEL. It is obvious these clowns are blowing it out their arses, but it is all about TIMING. Think an INDIVIDUAL stock, do not think market. Establish RELATIONSHIPS with stocks not the market. I only trade two stupid stocks, and...

You list three nouns. Nouns are rather complicated things. If any of those three abstract nouns are embraced by the trader, then the trader engages in the most UNPROFITABLE verb in any trading vocabulary which is CHASE. If and when you CHASE, you will most likely LOSE. It matters...

The IRONY is that Kramer is a jerk on a business information channel working harder at entertainment than information. And Stewart is a jerk on an entertainment channel trying to be more profound than a second generation Chevy Chase. Mort Sahl was and is the STANDARD in America for the...

<cite> Psychology ›› Why is it so hard to simply come out and admit you were wrong? </cite> Since this thread is entitled Psychology, then the most appropriate answer deals with insecurity and lack of confidence. But as far as the mass media and mass marketing goes, there ain't no...

<cite>Is shorting a dead end street? </cite> It is more difficult to make money on the short side, particularly if you are daytrader. Obviously, what happened when the market went from 14k to under 7k was a once in a lifetime event. The problem for the daytrader is that much of the...

I confess that it has been decades since I felt any real guilt about anything that I have done or said. I have taken joy in guiltlessly expressing a certain meanness by being as politically incorrect as I can possibly be. I think the inability to feel guilt is what probably allowed me...