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Anand “Lucci” Sanghvi bragged about not paying federal tax on trading income; his base is Puerto Rico 168: Stay alive, wait for your market, then all guns blazing w/ @SangLucci | Chat With Traders

stock indexes in Asia are currently up for Jan 9 2023 [from CNBC]

Would you share the entry and exit rule(s) to achieve the 138% return?

USD

you all know the reason why they're on the move.

I think the FED will crash the markets.

I think I can get away with contributing money to the Traditional IRA account. I might have overcontributed to the Roth IRA account. on the form 1040, one puts capital gain on the line 7, and summed together with other incomes. I think it's considered as one of the earned incomes.

it seems if one makes more than $154K a year, then one is not allowed to contribute to his/her Roth IRA account for the year? though one is still allowed to contribute to the traditional IRA account, right?

how have you done in the last 8 years? that might tell you how you'd perform in the future. notice the performance wasn't under the pressure (the need for making money). can you live on the yearly profit? your job might have helped you ...

Good God - As of November 2022, there are 21,844 cryptocurrencies in existence. However, not all cryptocurrencies are active or valuable. Discounting many “dead” cryptos leaves only around 9,314 active cryptocurrencies. probably, dogecoin is going to die if Elon Musk decides he's not going to...

her style is investing in the growth stocks. I wouldn't be surprised if her portfolio allocated more to the cryptos and crypto infrastructure.

•Cleveland FED Mester: 12/16/2022 rate will be raised to 5%, and stay there until inflation comes down. She said inflation is still too high. •NY FED John Williams: 12/16/2022: FED fund rate has to go above inflation rate; he doesn’t see rate cut until 2024 •St Louis FED Jim Bullard: 11/28/2022...

something like short-term MA crossing over long-term MA. This type of strategy could require long term commitment because sometime index has gone for months, and you don't gain much. Plus, volatility could be a bitch. you'd have to get out to cut loss, and then put the trade back on.

Mr. Jay Scrooge jackson-holed all investors :) (because I'm the FED!) well, at least he did what he said (he'd be more dovish with 50 points hike versus 75 points did you make money at around 14:40?

do we have a case to get our money back? FTX Trading Ltd is incorporated in Antigua and Barbuda. FTX Digital Markets Ltd, a subsidiary of FTX Trading Ltd, is licensed under The Bahamas' Digital Assets and Registered Exchange Act, 2020 and regulated by the Securities Commission of the Bahamas...

Binance is also in the same line of businesses like FTX (running an exchange, and issuing its own crypto coins). Once Binance can't find enough stupid people to join in their ponzi scheme. it's going to collapse like FTX did. the guy, who runs the Binance, used the money that he generates from...

"The consumer price index increased 0.4% for the month and 7.7% from a year ago, both lower than estimates." Consumer prices rose 0.4% in October, less than expected, as inflation eases (cnbc.com) 4 key takeaways from the November CPI report (brookings.edu) ....

the CPI report showed inflation is still rising (0.40%), but a little lesser than expected. it means the FED's job is not done yet, and we've seen +800 points pop before. we're not out of the woods yet. bond market is telling we're going to have recession, probably, next summer at this rate.

I think that's the nature of this line of work (day trading or swing trading). one would have to deal with the bad sides of it. Every job has good sides, bad sides, ... unfortunately, one would have to deal with the emotion and psychological aspects of day trading. They're not tangible things...