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This is good advice. At this point OP is trading on "Hope it'll turn around" which isn't a profitable strategy. You're already down on the position. Get out and reset your head while you analyze where to put your capital to gain. You can always get back in if your analysis suggests it and...

Been there... - You have to do an assessment of yourself to determine what kind of trader you are and develop a trading plan that YOU can stick to. - Trade specific setups. - Trade a higher timeframe if your win% isn't where it should be to reduce noise and get better signals/setups. - Keep...

Monday 3/31

as of 2-May-07, it looks like he has 37,620,666 shares http://finance.yahoo.com/q/mh?s=AIG

LMFAO :D aahhhh... i love it

Chapter 11

high dollar, thin stocks is where the BIG money is made :)

i've made a killing on it this past week... a new price target came out on it middle of last week it seems to be making a correction though (heading back down), probably to the 215-225 range. made some money the last 2 days shorting it. watched it all day yesterday and it looked like the...

was the .98 and .97 prints >1.0 points away from the previous legit print? i've seen countless times where trades get busted b/c they were >1 pt from the previous print. ie someone f&*ks up and throws an order out >1pt OUT of the money and get's hit... they complain and the trade gets busted...

hybrids dont' offer the same opportunity for price improvement as before, but there's still plenty of money to be made in 'em. several guys in my office are still making 5 figures/day regularly trading the hybrids

our office plays Quake Arena :D

LMAO! how true that is...

i'd be hard pressed to find a job that pays enough to pull me away from trading -- and not just b/c of the potential $$$ that trading allows, but the freedom and flexibility of being a trader is unparalleled in corporate america.

i had a fellow trader that went to a Bright Training seminar in LV, NV just to feel it out and his opinion of it was that it was a little shady... apparently they claimed that their WIN % is around 80%?!?!? no f'n way... his thoughts on it were that they basically have people come in and...

i'm currently trading prop. and i love it... it's a GREAT way to learn the ropes. (ie, your time and someone else's dime...)

had $14G's worth of trades busted on CSCX that day... caught it around $62 for 100 shares and rode it up to around $66 for a little over $400... then caught another 800 shares on the downward slide from $80 down to $12ish totalling just over 13 G's. too bad every trade over 8.97 was...