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I don't think it would be price gouging it someone is willing to pay 2x. He wouldn't be charging that much if he knew nobody is willing to pay. I remember watching a special on TV about "How Price Gouging is Good." After Hurricane Katrina, a man from a neighboring state bought as many...

is ferrari price gouging?

My past economics professor said no. I forget his reasoning. Opinions?

Hi guys, i have the domain www.theirrationalinvestor.com for sale. i was going to use it for trading psychology but don't really want to put the effort in it. It would be great for a personal blog. anyways, there are no popups. i registered it with yahoo in december...

Hi SwingOut, if you were making money would you still switch?

I'd thought there would be a correllation between switching brokers and LOSING money...If investors thought that brokers were somehow contributing to there losses...besides commission.

Just curious to know. Feel free to make any comments.

Now I remember, I think it was called the sunk cost fallacy AKA the Concorde fallacy.

I remember reading about this is a behavioral finance book. As I recall, they're both the same, it's just how the situation is framed in context. Correct me if I'm wrong.

i agree. that's probably the part i still have to master.

yeah ktm, i'm still around, i eventually did sell the stock. it's funny how everything in investing or trading seems to contradict each other, or at least thats how it seems to me.

hi, i have questions about having a contrarian viewpoint. yesterday, a stock i owned plummented 50% leaving me with a $1000 paper loss. now i find myself deciding whether to sell the stock and take a loss or hold the stock. luckily, i didn't have my whole account tied to this stock and other...

Hello everyone. I was wondering where I could find a futures trading simulator. I was originally trading forex but found the spread to put me at a disadvantage when it came to money management and position sizing. Anyways, futures sound better with tax advantages and low commisions. Thanks.

Tom Basso did that and with postion sizing/money management he ended up making money. MM is the most important thing IMO.

if you're talking to me, i invest in stocks and try to trade forex. Im looking into futures though because of tax advantages. i

Sorry this may be a newbie question, but I'm not a quant or statician. I've read that you need to have an edge in the markets so over time you will end up on top, similar to how casinos end up winning over the long run. But I've also read that the trade you place now is independent of the...

Yes, George SoreAss (that's the funniest handle I've heard anywhere), I think most trader's lose. IMO the odds are stacked against traders considering that there are many obstacles to overcome. Some of these include: 1. Not having a plan/strategy and not sticking to it. 2. Many new...

i bought HANS at 23.00 about a year ago along with CHK at $15. i regret not adding to my position and letting winners like MATK and TASR become losers. using real money is way different. i agree trading can be psychologically frustrating and damaging. but remember that there will always be...

Do you recommend High Probability Trading as a good read? I was thinking about buying the book.

hey do you think you can post the links to the e-books? i am also having a hard time conquering the psychological aspects of trading. thanks