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Quit smoking shit!

Here in Europe we say: "One doesn't talk about money. One has it." And it really doesn't matter what amount. I don't gamble with prop shop leverage of 100 or so, and it's enough for a decent living.

Heaps of Euros. And a portfolio volatility as low as 10%.

+21% including low-risk assets (cash, bonds...)

I would suggest to exit with trailing stops, 30%-40% of the purchasing price. Seems to be a lot, but you should trade small positions, of course.

"Has getting a job improved your trading? " Absolutely no! I worked at a "real" job for 3 month. Though my boss allowed me to watch at the markets temporary, i lost my whole intuition and had the worst drawdown since 1997.

GDP Growth in real terms: No. GDP Growth in nominal terms: Yes.

PPT. Volatility will come back someday, but nobody knows when before it happens.

Do you talk about things we all know yet (plunge protection team, M3 not published any longer, difference between real inflation and official inflation except food, energy, housing) or something else?

Saudi Emirates Kuwait Oil

Just wanna be sure my great-great-great...grand-children will be at least as rich as Bill Gates.

Not only health care, but also measured education. Also measurable: The education in East Germany regarding maths and science was very good though they wasted a lot of time learning Marxism-Leninism. Not measured: Many children of those people in East Germany who believed in...

The spreads between bid and ask are costs and go always against you. Don't accept more than 3-4% at warrants as long as you didn't have years of successful experience. A Newbie should start with warrants ITM or at least ATM. And have a look at the BAR chart! Could still be a bull trap.

16% implied vola is cheap, but 20% bid ask spread is very expensive.

I heard two fighter aircrafts this morning (above northwest Germany, former british zone). Doubt it was the usual annual practice.

No, but i dreamed about two exploding bombs from Al-Qaida (dirty, chemical) a couple of nights before. Hope it won't get reality. :(

They will avoid a sp500 plunge of 2% or more, as they did for more than 666 days.

makes a lot of sense: M3 goes up -> inflation, M3 goes down -> no inflation.

Yes, they are the most important Gold and Silver dealer at least in Germany since Degussa left that business and focussed on chemistry. Maybe Heraeus is 150 years old, but I doubt Helmut has 150 years of experience :p .

Mostly 0.5% of my assets a month. Sometimes more for major purchases. The rest of the profits has to be saved for longer-term drawdowns.