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I find this story pretty "funny". This company (WeWork) was about to go public in an IPO (valued at $40-60 billion just a few months ago). When the company discloses the recent losses, the interest from new stock investors is poor so they pull the IPO. Now just weeks after the cancelled IPO...

If you say "death" is just "100 cuts" risking 1% per trade, then you're assuming 100 straight losses without a win. Not very realistic unless the trade management is really bad. Even a poor trader will get a few winners out of 100 trades. You're saying if I trade MES with a $1,000 account, that...

IMO, day-traders should ignore all FA (including Trump tweets....timing not predictable) and trade the charts. IMO, swing-traders will get added value by using the FA with TA. Just my OPINION, not facts.

Position size of .01 lots. No reason to trade more than the minimum size until you're profitable (weekly/monthly). Small losses while learning keeps the emotional stress less a factor.

Many trading patterns consist of trendlines that break. Prior to the break you could make the argument that each touch made it weaker which eventually caused it to break. If the trendline had many touches prior to the break, it will likely make a strong move on the break of the line (many SL...

Best swing-trader I know makes millions a year trading forex. Best day-trader I know makes million a year trading futures. Any trading can be profitable. This website has more futures/options traders so most opinions will favor the futures/options trading. If you're more interested in forex...

Agree. Each market is a bit different with regards to actively traded months. Oil has every month actively traded. Corn is Mar, May, Jul, Sep, Dec. Etc.... Etc...

Income = $150,000/year Expenses = $30,000/year Spare Cash = $120,000/year In 2 years you'll have $240,000 in your account.

My broker allows it but not sure all do.

Correct. 4-5 PM central U.S. time = 10-11 PM UK time (FX futures closed to trading)

As Wheezooo said, futures in the U.S. are taxed based upon market value at the end of the year, regardless of when they are closed/opened. Not sure how it's done in your country. In the U.S., stocks are taxed when closed which is why I suggest them over futures.

Agree, as I'm neither a tax expert nor from his country, but intentionally looking to create a loss to offset a profit seems to make no sense in any country. :) ***My comments are not "advice", just suggestions/ideas.

There are ways to transfer profits from this year to next year. Example 1: 1-Buy a January DITM Put & DITM Call (Delta near 1) on a good volume ETF (SPY, QQQ, etc..) or stock(AAPL, MSFT, etc...). 2-Last week of December close the losing position. 3-First week of January close the winning...

Not completely correct. Example: 1-You buy a put making a bet for lower prices in a stock. 2-If stock price drops your put will increase in value. 3-You can now sell your put at a higher price to take profit. ***Didn't include any "time-decay" in example. ***Your question seems to imply you...

Sounds like you got some really bad tax advice. If you have a position that's currently in a loss, you can close the trade to offset a gain then buy back in 30 days. Don't intentionally create a loss to offset gains.

In the example you gave, looks like SL = 10 and TP = 15. With spread of 2.4 factored in, your SL = 12.4 and TP = 12.6. Might want to leave SL but increase TP. Spread is too much of a factor in profit/loss with such a small target. Looking @ your example you can see how "tiny" your win was...

Why would anyone want to know every detail of this saga that lasted several years. Mastermind of the operation is in jail but the $$ is ????? Millions missing but try getting anyone to track it down when authorities are in Panama. Wouldn't be surprised if the authorities took a cut. Drugs, money...

https://www.alexa.com/siteinfo

Nigerian scammers prefer FF. :D

Oh please. The 6 figure account is GONE! Yes, a real broker scam job. I trusted a friend of a friend. My mistake. I even walked out of my bank before wiring the $$ as I didn't trust Panama. Foolishly trusted this U.S. resident after he gave me a verbal guarantee the $$ was safe :-( No, I'm not...