Recent content by burn8

Pay people to do nothing and what do they think they will get more of? -burn8

Buy high sell low? -burn8

And dont forget to do the needful. -burn8

$500 margins for ES is excellent for a profitable trader. Less of the exact risk/exposure that you are asking about in this thread. -burn8

One good trade has some good overall lessons how to approach both trading and investing. One Good Trade: Inside the Highly Competitive World of Proprietary Trading -burn8

Paper traders usually hold through all downswings and add during the drop. Im guessing Pink Man's paper account is experiencing stellar performance this yr. -burn8

"I would certainly never bank on the ES going down. The odds in general are HEAVILY stacked in your favour if you only go long." -pink man

Yeah, don't worry about that annoying little property rights thing. -burn8

So the only two options are over-paying them and welfare. Do you really believe that? You want to keep them under your thumb by giving them just enough to not want to do anything more - in effect you want to pay them to remain poor. Your claim is to help. I dont know you so I wouldnt call you...

Do you people actually think that flipping burgers should be a long-term career? At the levels the workers are paid now, they should be getting in and out quickly. It probably takes 4 months to learn every skill required for that job, after that just the workers just sit and languish instead of...

I hope people who like on a single level like this are not actually traders. If McDonalds has to raise their prices, do the laws of supply and demand not apply? People will buy fewer burgers - which means fewer McDonalds employees - which means more people looking for jobs outside of McDonalds -...

The market does a fine job at setting wages. -burn8

Unions and govt have been joined at the hips for years. Its surely a stretch to call them "private organizations": The Davis-Bacon Act of 1931 Norris-LaGuardia Act of 1932 National Labor Relations Act of 1935

Facts are terribly painful for a statist to accept which is why they get tossed or ignored at every turn. Even the clearest, simplest of examples go unaddressed (of which there have been many provided in this thread). The arguments of the statist invariably devolve into calls for compassion and...

Have to protect the taxi lobby. -burn8