Ummm... ok. Now let's say for a moment that the family income is below poverty levels, or you have massive debts and relying on public services,...
I agree with his assessment of the economy. Actually i've been looking for that big bear trade since 2003, constantly losing my little "probe...
Probably could be done back in the days of the ticker tape, where you could literally just listen to it.
You're right, wealth building is not denominated in $/yr. One should be stockpiling gold/silver instead, and denominating their wealth in the...
This is the most ironic career if you think about it. Trading is a one-person job, period. Most successful traders are introverted and tend not...
If I had 800k - 1M liquid, why in holy hell would I want to trade for??? Put the entire amount in short term treasuries (no state-income tax...
Set a stop loss to lock in profits just in case... but as the old saying goes... let winners run. I suggest long-term LEAP contracts in DIA or...
lol..... right Just like everyone should've been buying INTC for the past 3 years.
Gambling became less attractive after I saw how much more money moves in the markets. It makes even the largest casinos look like chump change....
Cramer's wife (Trading goddess) is the REAL trader in the family. She was a hedge fund trader also. If it literally weren't for her, Cramer's...
Opinion ---> "money cant buy you happiness" Fact ---> "money wont make you sad" :)
Leaders are born, not made. Traders are made, not born.
Over the years I've also found my strength is in longer timeframes (months, years). A 'daytrade' for me is if I make a roundtrip trade in the same...
I made sure to lessen this risk by getting out of college with an MSEE instead. Bachelors degrees are like high school diplomas nowadays. While...
Ok here's my final plan: Set aside enough cash to pay for rent/bills/car for the next 2 years so I'm not pressured just to live a normal life....
"The only thing to do when you are wrong is to be right by ceasing to be wrong. Cover your losses quickly, without hesitation." "Losing money...
Late 90's market was one of those once-in-a-lifetime circumstances in anything equity related. Hardly anyone was a loser since the tide was so...
QQQBALL, thanks for the advice. Just so you know, I don't spend every working hour trading. I never have to since my timeframes are by the months....
Just for the record, I think the social interaction thing is overrated,.. unless of course you're chick hunting. I'll be the first one to admit...
There's no way to quantify and account for 100% of everything, just trying to cover the major bases at least. I got healthcare taken care of...
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