I agree, but believe the reason Livermore is talked about so much is because he was the first "great" trader to use TA so effectively.
I read a part of a daytrading book yesterday about his ventures. It seemed to me that his success was because as a kid, his job was writing...
I agree with the statment about many ppl on here appear to do better than what they admit to performing. Although, there are some here who make...
not liquidating everyday....just holding for two reasons (1) to allow intraday play on the most volatile stocks while limiting loss from black...
How useful would this be in risk managment if you held a call or put on a position you intraday on? Obvioulsy, it would depend on your on style...
Sorry about no call back... You should be able to find Black-Scholes excel ready downloads online. I am at the beach and dont have all my...
hmmm i dont recall vanity and greed being on the list of charactaristics for a profitable trader:p :p :p
perhaps there is confusion about the market and trading? They are very different in this discussion. market does equal zero sum trading...
What makes you think you would get more than ten bucks each for these? They wouldnt be worth thousands each until people know you are for real.
agreed. Although I believe there are ways to enchance the attributes you are born with such as intuition.
Lurking? More like on vacation. I do not consider myself a genius by any means, but I feel that I have a fair amount of knowledge. This topic...
Wow!! I am surprised this thread has gotten so long. The idea of the stock market as a zero-sum game is approached in basic level books so I dont...
i would consider this topic interesting, but somewhat common knowledge. The older you get, the less risks you take. Thats how it works:p
MS, you really need to read the above statement. Nothing being proposed in this thread is illegal, unethical, or uncommon. It sounds like you...
i was there for it. didnt say much cuz i lost on it:p
lol thanks for the input so far. I'm asking this question, because I would like to determine what kind of buying power is needed to have a...
Simple question. How many positions do you allow yourself to have open at any one time as a daytrader? Not looking for $$ figures, just how many...
Wow. I'm surprised that the legalality of this situation is even being debated. I thought it was common knowledge. I don't know why MS thinks...
lol my two pennies: wait til your second year (not term) and then start trading minimumly for the gain/knowledge/experience. You can...
very good post. but the pro-athletes metaphor may be pushing it a bit. yes there are more, but the demand and desire for one (pros) is quite a...
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