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I helped someone with an investment bank startup years ago, you need to have a good compliance person obviously but also a great risk management person to oversea what's going on. One that can communicate effectively with your backoffice clearing (whoever you clear through) in regards to all...

The IRS has been going after the rich for a very long time now, this really isn't nothing new. If anything they are just increasing their staff. It's been said for a long time that they don't have enough manpower to really investigate most things that need to be investigated. This just proves...

Don't listen to this guy, ctrl alt del opens up your task manager to see what programs are running.

There is a print screen button on your keyboard already. It's to the top right of your backspace key. Click the print screen button when you have the thing up on your screen you want to capture an image of. You then open up microsoft paint, should be under programs/accessories/microsoft paint...

Livermore, Tudor Jones and Cohen are heroes in my book. I'd fight a grizzly bear just to spend the day picking their brains (if Livermore ws still around). Tudor Jones is an icon. I need to definitely take some time to research their styles of trading and what they've said. :D

Awesome, will watch and read. I always enjoy these types of threads because unlike others here, I am always learning. Congrats on the great start. :)

If it goes higher tomorrow, I'm sure you'll be even more pissed. And when it hits $150? What about $200? Maybe doubles to $250? :cool:

I apologize, Cramer should be good for another bump in the DOW, so yes 45,000 at the end of the year. :p

If BAC fails, people wouldn't trust any of the smaller banks. Because if your money isn't safe in Bank of America, it's probably not going to be safe in some bank that doesn't even advertise on television, which is probably what most will think. I think BAC has already failed, many of these...

The economy is booming folks, we are in a jobless recovery, earnings are great. Look at AMZN and MSFT going to the moon. DOW is around 10k, keeps hitting 10k every other day folks, just watch CNBC. Nothing to worry about, Obama is president. We will be ok because Christmas is coming up and...

That would make for a great energy drink name. "You look pathetic, you have no energy, no vitality, no money, no girlfriend, how about a bottle of something you haven't had in a long time, a bottle of SELF RESPECT, now with more caffeine and taurine to help give you the energy you need to turn...

Nice to see my trades are still being paid attention to. :cool:

I'm glad I didn't short this earlier. I had a feeling it still had some legs so stayed away. :D

I also bring this up because a lot of traders get into it with the idea of becoming very wealthy or financially well off. But what happens when it actually does happen, when you suddenly have $100k, $500k, a million+? Are you ready to deal with it?

The easiest way to get series 7 licensed is to find a 100% commission firm like Wadell and Reed or Raymond James. Maybe even Ameriprise. Since many of them don't guarantee a base salary, they'll sponsor you. You'll likely have to cover all your test fees though and licensing costs. Could end...

I know just like the culture shock of being poor or losing lots of money, how do you deal with being wealthy or suddenly having lots of money? How has it effected you as a person? I bring this up because I've read of all the traders here who mention trading has changed their life, they are...

You see this.. http://www.thedisciplinedinvestor.com/blog/2009/08/02/sunday-fun-cnbc-fun-or-fraud/

One thing that is left out of the equation is when they update earnings estimates days and sometimes even hours before earnings are released. A good example is Bank of America (BAC). I was short BAC going into Q3 09 earnings, they were listed with an average earnings estimate of -.06 for...

So the cute blonde got hired over the guy with the masters degree and 12 years of experience at a leading accounting firm? Figures. :p

lol at the bear! good job on the chart! :p I think it's hard to tell at this point, the AMZN and MSFT movement is showing some unusual activity occuring in this market lately. I kept saying Friday to myself that there is no way the market is going to crash more than 200+ points on a day...