Recent content by Jym

  1. J

    DEBT? What debt? How can the US ever theoretically have a debt problem?

    Top Marginal Tax rate 70% to 90% taxes for the top tax bracket is what we saw the last time we let our debt to gdp ratio get around 100% (hmm chart wouldnt post) http://www.usgovernmentspending.com/federal_debt_chart.html
  2. J

    Is Texas the best state in which to live?

    Personally i've only lived in 2 states....Washington St. and Mississippi WA St. is clearly the winner there hah But Mississippi certainly has it advantages if you can find a decent job which is the main question here. The price of everyday life is just insanely cheap compared to other...
  3. J

    Student Loans are a Terrible Idea

    Well still smarter than credit cards But yeah I have no sympathy for the idiots who took out 80k in loans for something like business. I escaped with a chemical engineering degree owing around 8k. And hard to beat the 2.48% interest i sort of lucked out into consolidating my loans in at...
  4. J

    If you want to fail as a trader, study TA

    being able to find areas of support/resistance where people will buy/sell is extremely helpful and Bollinger Bands on a 15 minute timeframe come in handy at times. Mainly I just like using them when they line up with another support/resistance level I'm looking at. I've never bothered...
  5. J

    Discount brokers and my frear of broker insolvency

    Have you looked at Interactive Brokers at all? Their rates are actually lower than a lot of the sketchier discount places and they're a legit company You just need atleast 10k to open an account with them which shouldnt be a problem I guess since you mentioned the 100k limit as a concern...
  6. J

    Why 99,9% fail

    Really the only way to learn is to dive in and train yourself to keep your emotions in check. Maybe some people are smart enough to just pick it up on the side but I don't think I would have learned as much in 4 or 5 years trading in my spare time as I did the past year just throwing myself...
  7. J

    Commision rates for stocks/options

    If you trade a decent bit and have over $10K, Interactive Brokers would probably be your best option. For stocks $0.005/per share and $1 minimum and for options $0.75/contract with a $1 minimum also. http://www.interactivebrokers.com/en/accounts/fees/commission.php
  8. J

    If you were to learn / teach someone a programming language?

    If you get the 1st one down all the rest seem to fit in pretty easily Like that C++ class I took my Freshman year of college seemed like Such a waste of time and i really hated every minute of it, but it really came in handy a couple years later when I was having to write macros for...
  9. J

    Americans' tax burden is lightest in developed world

    Not for long I'm afraid :S Return to the 1940s and 50s where the income tax was double or triple what it is now anyone? I nearly fell out of my desk when I saw this chart back in Econ when I was in high school I was just bored and flipping thru the book. we never covered it...
  10. J

    Is this SIM (see screenshot)?

    Certainly no "expert" but I'm like 99% sure that's a demo from either Mirus or Amp for Ninjatrader I've had both haha
  11. J

    tax sick

    This is the tax rate for just the very top richest people If we went back to the 1940s/50s level, taxes would double or triple across the board and not for just the richest. and yep it maxed out at 94%
  12. J

    Just go long both UPRO and SPXU?

    that seems true since we've basically just gone straight up the past few months since they were put out. As soon as we have a couple choppy months like we had last December thru March you'll see both move down at the same time. They're calculated the exact same way as any of the other...
  13. J

    Just go long both UPRO and SPXU?

    selling equal parts could actually work if it was just a small part of your portfolio and you had a year or 2 to wait on them. Take Fas and Faz for example about this time last year they both started out at around $50 and a couple months ago before their reverse splits they were BOTH, yes...
  14. J

    What *FREE* charting program can I use with Scottrade?

    try out... www.freestockcharts.com a whole hell of a lot better than the name would indicate haha. i actually really like it and it's in real time for the majority of stocks and etfs on the regular NYSE. You'd just be out of luck if your thing was penny's and oh yeah everyone's...
  15. J

    Please post good technical setups here

    saw this on another site. the dude was being serious too hahah
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