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  1. Scataphagos

    Democrats Prepare to ‘Fundamentally Reform’ Capitalism

    Obama said he was going to "fundamentally transform America". I thought he was just milk toast, but he really did a LOT of damage to our country and was "too successful" on his pledge to fundamentally reform us, sad to say.
  2. Scataphagos

    since about 90% of the traders lose money, what's the percentages of winning trader in the forum. Ar

    One of the best things about trading for those "in the know". You can trade every day if you want, but you can also trade less frequently if you don't need "maximum" money. That is, you know you can go to the market whenever you want and make $$... leaving free time for other things. Or maybe...
  3. Scataphagos

    since about 90% of the traders lose money, what's the percentages of winning trader in the forum. Ar

    Not really a good question. You see... what you have here is a "Tale of Two Cities". In one city, traders hopeful that the markets will lead them to riches very soon... risk their money and lose it before they "know what they're doing". So... this group is large and with a high percentage of...
  4. Scataphagos

    Evening newscasts are negative about Trump 92 percent of the time: study

    No surprise. The MSM is the propaganda arm of the Lefty DemoCraps.
  5. Scataphagos

    If Biden wins, is a Stock Transaction Tax likely?

    If Biden is declared victor, a FTT will be the least of your worries.
  6. Scataphagos

    "Booboisie"? Never heard that term. Had to look it up.

    I thought it was made-up. Nope, it's actual. Means exactly what it infers... the "boobs" (not the cute ones good looking women have, of course :))... but rather the "class of people who are stupid and gullible"... which is how Joseph Goebbels saw the German people in the Nazi effort to...
  7. Scataphagos

    US Stock Market is now the derivative of the US Options Market

    All the more reason to learn "Price TA". Other than knee-jerk reaction to news, seems you can't hardly "figure out" anything any longer.
  8. Scataphagos

    Fully automated futures DAY trading

    Oh... perhaps you shouldn't use it all the time then. Maybe just during golf season. :)
  9. Scataphagos

    Fully automated futures DAY trading

    You've got it man... the Holy Grail! 1. Wake up 2. Turn on computer 3. Go to golf course 4. Come home, pick up the money, and take it to the bank. Hakuna Matata!! :)
  10. Scataphagos

    Gambling or investing?

    Interesting you mention that. Years ago Texas prohibited "gambling". A big poker game was raided and players were arrested (or perhaps only cited?). In any event, the case ended up in the Texas Supreme Court... where the court concluded that "poker was NOT gambling but rather a game of skill".
  11. Scataphagos

    Gambling or investing?

    Agree. Counting cards is NOT gambling... it's a learned skill.... as is proper trading. I've often made the argument that proper trading is a lot like counting cards. That is, "when the odds are in your favor... that's when you put your money down".
  12. Scataphagos

    Gambling or investing?

    I've often said that "trading is not gambling". I need to qualify that... Trading is NOT gambling once you're prepared and "know what you're doing".... you can put trading odds HEAVILY in your favor by what you know and how you behave! But if you put your money at risk before you're ready...
  13. Scataphagos

    Biden Brags About Assembling "Most Extensive Voter Fraud Organization In History

    "...Former Vice President Joe Biden suffered from either a senior moment or a Freudian slip on Saturday, when he told Pod Save America host Dan Pfeiffer - a longtime Obama aide - that his campaign has assembled the "most extensive and inclusive voter fraud organization in the history of American...
  14. Scataphagos

    Charge clients at least $200 a month

    How do you charge clients $200/mo to cover your nut, but the clients are not profitable following your recommendations? (Clients expect a LOT from their paid adviser... probably unreasonably more than they should expect but they do no nonetheless.)
  15. Scataphagos

    How much is this move?

    It's all relative. I haven't checked to see if the "big/pit contract" in the SP Futures is still trading, but when it did it was "250 x SPX". That would today make 1 Big Contract = $850k An "Emini ES" is relatively mini @ $170k A Micro ES is micro @ $17k.
  16. Scataphagos

    How much is this move?

    Asking such a question indicates you're lack of knowledge about what you might be getting into, and nobody has clued you in. So.... 1. When you trade 1 ES contract, you're putting into play ~ $170,000. The exchange requirement for maintenance margin is currently $12,000. That's what you...
  17. Scataphagos

    San Diego School District Announces it Will Eliminate Grading Standards to “Combat Racism”

    When I was in college, I had one prof who required you write your name on the BACK of the test papers.... so that he wouldn't be biased as to your answer when grading exams, if applicable. That's how it SHOULD be. Admission and/or grading standards per "race" is wrong. Just plain wrong...
  18. Scataphagos

    Patient In AstraZeneca COVID-19 Vaccine Trial Dies

    Well, I dunno. I have a doctor friend who got the shingles vaccine and ended up with something akin to Guillain-Barre syndrome.
  19. Scataphagos

    The original retards of trading: LTCM

    I can't read OP's post... have him on ignore. However... the "big brains*" behind LTCM were "stupid as a box of rocks". The smartest guys in the room can't even hope to prevail over the markets with 100:1 leverage. All it takes to "bust 'em" is a 1% noise counter-move. Gotta be a fool to...
  20. Scataphagos

    Patient In AstraZeneca COVID-19 Vaccine Trial Dies

    I don't think this specific incident is the big issue... it's more "should everybody be vaccinated quickly"... even if "the vaccine may be harmful but hasn't been tested enough to know that and/or how harmful"? There are many stories about "harmful (even lethal) vaccines" these days. I don't...
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