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Of course but he knows that...maybe :D

He doesn't have 200k, he has 25k and wants to hold 40 ct overnight...therein lies the absurdity.

I guess if you insist on doing something dumb...there is a way.

There are CME margin restrictions on overnight holds. Brokers can offer stupid stuff for day trades. The only way to get 200-1 is with forex bucket shops which will inhale the 25k before you have to take your next leak.

:D

Yep, that's 200-1 leverage not 10-1.

When I stub my toe...I hate that.

"A fool and his money are soon elected." - Will Rogers

"Don't tell people your problems, 90% don't care and 10% are glad you have 'em" -Lou Holtz

Sorry, didn't even notice this was an option question.

If you are trading ranges and I wouldn't recommend this for a beginner, you can go long and short off the S/R given enough room between. It is easier to trade in one direction only, preferably in the direction prior to the congestion as it is more likely to break in that direction when the...

If you're going to read Orwell's 1984 and I suggest you do, add his Animal Farm and Huxley's Brave New World to the list.

:D

"Prejudices are what fools use for reason." - Voltaire

"It is difficult to free fools from the chains they revere." - Voltaire

Easy to wonder back out

Sioux?

That is the Zen truth.

You got that right, my felon friends come from a higher plane :D

Only some are :D