| Trader Discussions This area is for trader's to discuss ideas, opportunities, chart setups, and anything trading related. This also acts as a "FAQ" for any trading related questions. |
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November 9th, 2009, 12:21 PM
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#21 (permalink)
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Status: Community Founder
Join Date: Oct 2009
Location: Kenosha, WI
Posts: 912
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Quote:
Originally Posted by GrahamL1
Knowledge arises from experience. Just as a musician practices diligently to become a concert pianist and an athlete spends uncounted hours on the court to become a great tennis player, a trader must gain experience through actual trading to become an expert trader.
James F. Dalton
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This one goes out to Mccandless.  Good luck man!
Shoot
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November 9th, 2009, 12:35 PM
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#22 (permalink)
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Status: Floor Trader
Join Date: Oct 2009
Location: Scottsdale, AZ
Posts: 278
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Quote:
Originally Posted by Shootanappleoffmyhead
This one goes out to Mccandless.  Good luck man!
Shoot
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Thanks man. It's a lot more motivating when there's such a great community to back me and talk to. I'll have to hang on to that quote.
Pat
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November 10th, 2009, 09:25 AM
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#23 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Manhattan, New York
Posts: 334
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The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.
Thomas Woodlock
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November 10th, 2009, 09:57 AM
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#24 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Tennessee
Posts: 229
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Quote:
Originally Posted by GrahamL1
The principles of successful stock speculation are based on the supposition that people will continue in the future to make the mistakes that they have made in the past.
Thomas Woodlock
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I'd also like to add this FW: msg I received today. I think it is fitting to your quote as well.
So what have we learned in 2,064 years ?
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."
- Cicero - 55 BC
Evidently nothing
Happy Trading,
Dr Pip
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November 10th, 2009, 10:57 AM
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#25 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Los Angeles
Posts: 306
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We're back to step ONE Hopefully this time we'll get it right
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November 11th, 2009, 10:00 AM
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#26 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Manhattan, New York
Posts: 334
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We go to the movies to be entertained, not see rape, ransacking, pillage and looting. We can get all that in the stock market.
Kennedy Gammage
__________________
Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem.
Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness.
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November 11th, 2009, 01:44 PM
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#27 (permalink)
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Status: Community Founder
Join Date: Oct 2009
Location: Kenosha, WI
Posts: 912
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Quote:
Originally Posted by Dr Pip
I'd also like to add this FW: msg I received today. I think it is fitting to your quote as well.
So what have we learned in 2,064 years ?
"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."
- Cicero - 55 BC
Evidently nothing
Happy Trading,
Dr Pip
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Hey Doc,
What's most interesting to me is that I believe all of these problems to be inherent in the system we have in place. Its all a part of the development of society, and the only way to stop it is government intervention initiated by the people, but you see that is one of the problems with true democracy, the ignorant and uneducated masses are supposed to tell the educated and elite what they may and may not do. Naturally the elite and educated will use their connections and smarts to undermine the will of the people to serve their own interests, and this is where public debt and the like come in, because as long as their have been economies there have been private entities attempting to gain control over currency. Indeed the fall of rome was not a military fall, but a financial fall, and it would never have grown to it's size and stature if it were not always in its destiny to fall from this.
Shoot
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November 12th, 2009, 10:19 AM
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#28 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Manhattan, New York
Posts: 334
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A man must believe in himself if he is going to make a living at this game. That is why I don't believe in tips. If I buy stocks on Smith's tip I must sell those same stocks on Smith's tip. Suppose Smith is away on vacation when the selling comes around? No sir, nobody can make big money on what someone else tells him to do. I know from experience that nobody can give me a tip that will make more money for me than my own judgment. It took me five years to play the game intelligently enough to make big money when I was right.
Jessie Livermore
__________________
Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem.
Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness.
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November 13th, 2009, 11:44 AM
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#29 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Manhattan, New York
Posts: 334
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The only way to get smarter is by playing a smarter opponent.
Fundamentals of Chess 1885
__________________
Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem.
Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness.
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November 17th, 2009, 09:39 AM
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#30 (permalink)
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Status: Community Leader
Join Date: Oct 2009
Location: Manhattan, New York
Posts: 334
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Historical price patterns continue to work because human nature doesn't change, and neither does the law of supply and demand. Study past successful stocks if you want to see what future ones will like.
William O'Neil
__________________
Think big, think positive, never show any sign of weakness. Always go for the throat. Buy low, sell high. Fear? That's the other guy's problem.
Nothing you have ever experienced will prepare you for the absolute carnage you are about to witness.
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