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We'll see NG roaring back again soon, just do not know when :D

I'm out of all long CL positions. Move $ to NG and NQ.

Very choppy market. CL just would not die.

Not sure what is the total return of NQ this year. It is a lagger. I've made 30% trading TQQQ this year with my IRA, but I still missed chunk of potential profit. I figure it would have been higher with triple S&P or even Russel...

They would rather buy it at $4.40, not at $4.08 :D We go to $4? They may buy back at $4.20.

Turn to long CL.

Covered most of position.

Short CL this morning at 94.18 level. Look to cover and flat by end of day.

Out of all long positions now. Still look to long again.

Another good day for momentum traders. All $ came from CL trading. Will take some $$ out and keep it close to $10k.

We are closing in to $95 at this moment, do not have to wait to end of week. Run over some stops.

DejaVe again. High pre-market, lower at early open. Climb up and go up.....

Do not fight the markets. If we continue to have large petro product draws (even though this is seasonal), we'll see $95 soon.

I'll probably chat with Legalzoom and ask them. I had a single member LLC in Texas, but we moved away. In Texas, I only need to file a Texas Franchise no-tax due statement since my revenue/income was far below the threshold. Of course any income falls under Schedule C. There was no Texas...

What I've learnt from Neke's trading is how important money management is. Most of the gain/loss comes from a few large moves. Those 15% or more big days are the real business. When we make a trade or take a view, if we have edge, say, 60% right, it does not mean we'll make $$. A bad...

I just checked that in New Jersey, a single member LLC does not have to file the partnership return 1065, but just a annual information statement. So there is no filing fee? There is a fee for the form 1065.

From my past experience, in some states (where LLC is formed), you only file a yearly no-tax due form and pays no franchise fee in that state. You'll have to have >$100k in sales (or income) to pay franchise tax, or such. Then, the LLC income can be considered your personal income and subject...

Why should I care all about that if I just want to capture $0.50 to $1.00 a day and go home without any position? I do not care about the production, war, etc... :D What I care are the events like BlueGold, sudden $100 gold sell-off, etc. Then the stops come into play.

Suppose I live in Ohio and trade from that state. What do I need to form an out of state LLC? Say in New York, New Jersey, Texas, Nevada or Delaware. Do I need a registered Agent in that state?

Expect both stock index and CL to close strong. Not sure if CL can go back to green. But $0.30 brackets on both sides.