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Apple TV is an interesting piece of hardware. Right now it's basically worthless, save for a few tech geeks who have a lot of time on their hands. But we all know that onDemand TV/movies are coming to the mainstream and it's going to be a huge market. Who's going to win? Netflix and their...

Scalper, thanks for the tips. I'm looking into those stocks now. I love this site. In one post, someone tells me to give my money to an animal shelter. In another, they say to buy a hooker and an 8-ball. Elite Trader. Can't beat it!

Actually, I was thinking more Rolls Royce. ;)

I'm already involved in numerous charitble causes. I'd like to donate every cent I make to every single charity out there if I could - but you have to have some money for yourself to play with, right? Now with all those posts, I'd assume you'd know by now to stick to the poster's question...

I've got a thousand bucks that came out of nowhere so I don't really care if I lose it. However, it'd be pretty nice if I could make some money off it. Never invested a single penny in the stock market in my life (other than some mutual funds that I don't pay attention to) I want to...

I'll agree with you there. I'm just a beginner but even from the little that I know, this guy seemed to be making terrible decisions. Question - this guy borrowed money "on margin". And it looks like he went all the way down to zero. So he's no only broke, but owes 300 grand, right?

I'm sorry but he doesn't get off on that one. If you read through his blog comments from the beginning, you'll see dozens upon dozens of posts from people begging him to stop. That's where you gain forgiveness for being a beginner. But by ignoring 100 people who were trying to save you and...

Thanks for the responses, guys. It is a good question. Why would these guys try to make money on a book (what's the best case scenario for a "how-to" author? 2 million dollars?) when they could be trading? Take Curtis Faith, the most successful Turtle, who is now bankrupt. What isn't...

jb, I enjoyed reading your post. It is a little confusing. So for these books that successful traders have written (not talking about the pseudo-successful; but real successful), they're all b.s.? Are you saying they don't know what they're talking about or that they're lying to you (maybe to...

ugh, that's a terrible analogy. jack nicklas is one of the greatest golfers of all time. I might not be able to swing like him. But if I have some natural ability and put some time into it, I might be able to swing like one of the local golf pros.

well, sorry to keep the questions newbie-ish. But a lot of people speak of keeping your emotions in check when trading. It seems to be a big issue. So my question is, what about using a black box? A program that makes all the decisions for you. Do experienced traders do this? And if so...

on the money, I think you missed the gist of the thread. I said if you put the work in and didn't approach it like a moron, it was easy. Of course I haven't put the work in yet. So in a year or two, when I start trading, I will definitely post my results for you.

I certainly hope my trading doesn't end up like The Matrix. Cause then in the 2nd and 3rd phases of my career I will absolutely suck. ;) So let me try to gleam some wisdom from all of you. Are you really playing against other people here? Or are you playing against the market? Which...

I completely agree. That's a comment I've heard over and over again so I take it very seriously. I should note that when all this studying is over, the first step I'll take is to trade a very small account very conservatively so I can get that feel you're talking about. The more success I...

1) I don't know for sure. But reading around and listening to how many hours others have put into this (days/years are kind of misleading because who knows how many hours a day that was), this is a fairly reasonable guess as to the miniumum requirement before light trading If I'm wrong...

I'll read all the most important and relevant books. I'll spend a good 1-2 hours/day reading threads on this and other sites. Ask questions. Try to come up with a system. Backtest that system extensively. I'll paper trade. Learn how to approach different markets. I have a friend who's...

Two years of preparation with 6-plus hours a day of studying seems like a lot compared to (with what I've seen on this board) when most people start. That's what I'm planning on putting into it. And if after all that time I still don't feel like I know what I'm doing, I'll either move on or...

Well if I read more posts like this then I will definitely learn something! Thank you so much for the sage advice!

guess all you guys were right. and he was wrong. all heed... another schmuck.

what a complete moron. This ties in with my question well, as he had stated in his blog that he loves gambling. Since the stock market is basically pure money, the people who are most attracted to it would likely be gamblers. If you're not interested in taking risks to make a lot of money...