Search results

If you have a hammer, everything looks like a nail. If you think everybody is a snake oil salesman, ofcourse you would think the Hoff is a snake oil salesmen. After-the-fact I-told-you-so's won't help any newbies avoid future catastrophes. As I said, you would not have known his actual...

No it won't.

Nope it wasn't. you're talking out you're ass. Unless you went on a trial or was in the room paid for, you would not have known he was martingaling and targeting 1-2 ticks. None of his videos in 2009-2010 talk about martingaling or tick targets. Could you have surmised he was a snake oil...

Unless you paid for the room, you couldn't knew.

Only people who command the art of abstinence and meditation, are rational.

Failed trader: denial attacking the messenger I already see tons of failed trader in these thread who fit these extra qualities.

sep 300 longs looking juicy

No they didn't. QE1 and QE2 was added to the debt ceiling. USA has never "simply printed money" That said, republicans will heighten the debt ceiling. It is inevitable. Since 1960 every year debt ceiling has been raised. Even in the years a republican was president. GOP = keynesians. Claiming...

yup yup it's been called many names: the itch, the beast it hunts you down and blows you up :cool: but this is want people want from trading.

Red flags: Discretionary trading: discretionary trading cannot be taught. Powercharting.com website: registered in 2007. youtube snptrader registered in 2008. average down + purported trend trading + taking 1 tick target: does not compute. People never learn :p

Before the Great Depression in the 1930's, tax rate on the rich was continuously lowered in the 10 years before. Just like the last 10 years. Predictive? During the Great Depression the tax rate was more than doubled. Right now with the Bush tax cuts the tax rate stands at 30+%. I think...

Basically your system is the same, I believe it only lacks interest. But in essence its the same system as what we have now. Indeed in both system you will have abuse. I think its impossible to avoid the abuse. The more abuse, the bigger the recessions in the future. But we have been doing this...

We already have your system in place. Abuse is prone to happen because of how politics work. Both parties are keynesian in nature, but not truly Keynesian since they dont or are unable to create higher taxes in times of growth. Since your system and our current system is the same, I don't see...

At the moment treasury obligations cant be met, the system shift from debt-based, to weimar germany hyperinflation. This is because the component of money destruction disappears. Your system is exactly what we have now. It's not a bad system, untill youlet the debt grow more than the GDP...

This is what we have now. Money gets destroyed when treasuries, the IOU issued by government, are paid in full after maturity.

If you create money to freely spend, at the same time tax money and destroy this, this is exactly what we have now. How is this different from the current system? It's not.

This is pure printing money and financial suicide. Without debt, the money cannot disappear.

the GOP just hate everything that is not GOP. They are like the petulant child that wants but never gives. a freeloader.

Yes. IB has implemented the uptick rule for stocks who go down 10% in a day.

the coming depression is already bigger than 1930´s. It is inevitable. When the true effects of the depression hit, these liabilities will simply void. Overnight pensions, medicare and other will be cut 50% or simply dissolved. You are thinking up a scenario where there is still reason. But...