Or going to school with a 30k tuition....it is the giving up of the career with a decent income that seems like a poor call. We don't know if the...
1: You are right...the contributions to THIS THREAD do demonstrate quite a bit of reality!! 2. You are absolutesy on the money (except for the...
I don't know what your backround is. I was a stockbroker for a few years as were a lot of daytraders. Whether this was an advantage or...
I think it is determined by how many sectors you want to trade in. In my case I will generally trade in Techs.. Broken down into several...
When the spread is wider on an ECN than on the exchange (say in the qqq's), it isn't anything to complain about. It is simply that there are no...
Not resentment....just some things don't translate. Not many things have more value than an Ivy League education. My contention was just that...
Haven't you ever gotton a 1099 from a brokerage? Your tax liability is only on your net (after commision) profits.
This is truly the most right on post I have read here (unless I REALLY want to be self indulgent and exclude my own:D ) I mentioned they took...
Well....they took me, and so maybe there is some justification to making fun of the IL.....hell, I am the only trader here that doesn't make money...
Gee, you think so? I never thought of that:confused: This would also explains my bad trading.....I am just plain dumb!
Truth is, I lost money in the post 9-11 period. I was negative for the last quarter of 2001. Enough so that it made me net negative for the whole...
Actually, I would call it more a "shotgun" approach than a "machine gun"...but you are right....if I used the "sniper rifle" approach, I am sure...
Worth reading, if you can get by the "vodoo" stuff--
I really wish I knew how you guys do it! I must be about the world's worst trader....I have so many more losing days, and like I have said here,...
yes, you are right...1,250,000 ...sorry i was sleep-thinking. but still, why HAVE that kind of share size if you can't really use it?
Peter....you are right. It is all about psychology. And overcoming the fear is just that. And don't think that it is "penny ante stuff". It is...
50x25,000=2,500,000 shares. So to gross 166k, that is an average of about 1/8th on your max allowable positions. This took several months. What...
I really have been trying to avoid using actual numbers in this forum. I have expressed returns as percentage of X, etc. And I don't want to get...
Interesting question....I don't know what numbers to use. Let's say, I am trading with X (buying power). Now since I virtually never use all of...
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