I know people dont really agree with this but I really think the best trading book is: The Essays of Warren Buffett People forget that long...
Person 1: A guy I had lunch with a few weeks ago. He was head of prop trading at a large investment bank until just recently. Late 30s, he also...
2210. Not quite up to the 2400 level but i think I can put up a good fight. Maybe elitetrader should put together a team and challenge those...
hey pokertrader, did you ever play at the Mayfair or Diamond in NYC when they were still open?
>> I don't think chess is relevant. Perhaps a good chess player would make a fine mutual fund manager, or fundamental analyst, but for traders,...
one time I was playing chess out of what used to be Liberty Plaza (and is now a big hole in the ground). A lot of traders used to play there and...
That pair is completely different from my example. Yeah, that pair is correlated. And trading that correlation might work. For awhile. But then...
Correlations are tricky because stocks that have been historicall correlated can suddenly become uncorrelated. The realization of this unhinging...
A couple of points: A. in the above discussion it all depends on how you define "loss". If I buy AOL at 11 and it goes down to 10 one day and...
I think Warren Buffett's two rules for investing apply to both daytrading and long-term investing. Despite Buffett's pretensions about being a...
A. in poker grinding out small pots is definitely the way to make a consistent but small living. In AC or Vegas there are literally hundreds of...
AAA. I definitely don't take your opinions personally. Everyone is different. BBB. I should have clarified the statement on mistakes a little...
I used to play a lot of competitive chess, eventually reaching the master level. I have won quite a few tournaments and also lost many many games...
A. MTEC - makes the antidote for nerve gas attacks. Very profitable, great balance sheet. Just blew away earnings and guided up. B. DHB and AH...
and take it for what its worth: a. I would spend 3 months doing nothing but reading books. Some recommended books are: i. the 3 Market...
i once wrote Crabel and asked for a copy of the book. His secy wrote back that it was $300. When it took me more than a week to respond she...
I think its over 10K within the next 12 months. And 12 months from today I think its abt 10.5K
Read books about how Warren Buffett trades. I hear he's a pretty good investor. Another one is a guy named Carl Icahn. He isn't bad either. I hear...
this is going to sound like strange advice but if you are starting with 50K I wouldn't use more than $2K on any one trade. Your grandmother worked...
Are there any good software packages out there for backtesting both technicals and fundamentals? For instance, I'd like to be able to ask...
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