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    How to Salvage a Ruined Position?

    So true. The past has no meaning in evaluating your current position. If the trade still make sense at this moment at this price, keep it or even add to it. If the trade doesn't make sense at this moment at this price, get out of it. Whether it is carrying a profit or loss has no...
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    2012: The Battle for Survival

    These people just like to kick people while they are down. Never knew there are withdraws? Even me who casually following neke know about it. neke posted his past because of bwolinsky. It is one thing to recognize old methods don't work. It is another thing to come up with new...
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    Is a weak dollar good for the rich?

    Definitely for the rich. Just think about this, most option owned by executives are call options and obviously it favors inflation.
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    97% of Americans filing federal income taxes paid 11.9 % or less

    Tom B has a point. You want to be as self righteous as american revolutionist ? Don't use any of the service this government provides. As long as you use government service and not paying any tax, you are what Tom B said.
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    So you really believe people should only get what they worked for themselves?

    You got it wrong for the inheritance. It is the parents who WANTS to give the money to their children. Since it is their money, they are free to do whatever they want right? Trust fund baby X just got lucky. It is no different than a lotto winner.
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    You Cant Just Quit Your Day Job And Become A Trader.

    Yes, you can. Just a bad one. :p Doesn't mean a hedge fund will hire you, but it does mean you can hire yourself and lose your own money :)
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    Nearly 50,000,000 now in POVERTY!!!!!

    Interesting. Who vote in our politicians? When you blame politicians, blame yourself. If you blame the democrats, you need to blame the republicans too.
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    Is the West in terminal decline?

    Just like trading , revert to the mean. It takes effort/energy/barrier to sustain an imbalance. From time to time, a country will shoot herself in the foot, but as time goes, the path of least resistance is to revert to the mean.
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    ""We're running out of hope. Can't you see?"

    Well, even animals in safari have to hunt in order to survive. So, yes, we live to work and work to live. Holidays and evenings are our downtime. Much like when lions lying around doing nothing most of the day. When you think about government systems. Dump it down to a few people...
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    6 Million to lose Unemployment benefits in 2012!

    Unemployment check as a mean to improve economy? 1) How much of a % you think unemployed are driving the economy? 2) Anyone can generate this so called $1.6 out of the economy for every $1. It is just spending? What is the long term value added to the economy? Nothing. You can argue...
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    Steve Jobs just died

    Which part of my reply said you are jealous? Read my reply again. Again, read my reply. Did I said Jobs didn't exploit anyone?
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    Steve Jobs just died

    Hm... unless you are working for yourself, you are allowing others to exploit your talent. Why? because they do it better than you.
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    What are the safest USA banks

    Maybe not a bank? Like discount brokerage.
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    Janus Overseas Fund manager has screwed big time in 2011

    mutual funds are marketing machine only. If they can out performance index consistently, they are in hedge fund already.
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    RenTech: using artificial intelligence to morph one trading strategy into another

    I always think skynet will show up in the commercial arena first..:)
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    Hedge Fund Performance Numbers YTD

    Renaissance Technologies win again :)
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    My account value reaches $600,000 for the first time; launching incubator hedge fund

    $111,825-$100k-($3k x 3 months ) = $2,824 ??? Not $3,824 Also, Feb, Mar, Apr, May all end with .00 cents. A flat number. No account balance is that clean..
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    Financial IQ - Mines 85, perhaps I need more education!

    My score : Your Financial IQ is: 118 Your Rational Risk Taking score is: 119.3 Your Resistance to Gambling score is: 114.1 Your Rational Risk Avoidance score is: 120.5 I don't think it means anything. If the person writing the test is so good, he/she will be running money and not...
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    Trading and Dating/social status

    You guys are missing one huge fact. If you work for a respectable firm, the firm believe in your worth and it is an independent reference of your worth. Meaning, if you said you work for Goldman Sach as an investment banker, not only you say you are an investment banker. Goldman Sach...
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    To those that say trading is a 0 sum game...

    Your 2 examples indicate GDP is not constant anymore. I am talking about if GDP is constant. If Japan is having earthquake year after year, GDP will decline and there will be losers only. If stock opens 10% higher day after day, you won't have a 3% GDP growth per year. zero sum game...
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