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    RE: Starting a Fund For Real Estate Developments

    No, that was part of one statement. In other words, without a track record to show, it won't matter if $500K is too small or not for those guys to work with, because you won't get to that point. Why would anyone invest with you if you've never done this before, when they can invest with outfits...
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    RE: Starting a Fund For Real Estate Developments

    Is that, "I don't have a circle of friends that will put up the minimum capital requirement" or do you mean, "I don't have a circle of friends that can put up the minimum capital requirement"? Either way, I think that "there is no track record developed yet" would be one of the first...
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    Best way to convert cap. gains into earned income?

    If you expect to bank several million and build an estate, an estate that you may want to bequeath to your children or others, why would you want to use up your unified credit now instead of leaving it intact so as to shelter whatever it can shelter when the time comes? You'll be able to devise...
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    Best way to convert cap. gains into earned income?

    Don't shoot me. You didn't write that where you had in mind to live did not have income taxes, unless I missed it. But go to 1040 line 56, where you have to add in the SE tax. Schedule SE, where you figure the SE tax, takes your net profit from Schedule C (Schedule C is the wage you paid...
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    Best way to convert cap. gains into earned income?

    I think what you may be missing is that (and I'm not an accountant so I'm not sure, but I used to have an accountant so I know what they're likely to say): 1. your income will also be taxed by the country you live in; 2. I think you won't be able to deduct your house/living expenses as an...
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    Home Based Business

    even sadder is that these people are so without any knowledge of making money that they're spending their time and effort with the dillusional belief that their spam/ads will bring in $$$ for them. Has anyone noticed the surge in "make money at home stuffing envelopes" ads as well?
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    Day Trading Methods

    It seems incredibly inefficient; simply author a post written clearly understandably enough so that any need for a so-called "translation" doesn't arise. Why the digging of the toes down into the sand refusal to do so? It's more efficient: there would be a savings of at minimum two posts (per...
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    Norton AntiVirus2003

    The advantage to keeping is that it affords some protection up to the point of the last virus defintion update, which covers most viruses. There's a setting in options>other>miscellaneous>what to do when virus protection is out of date, where you can untick "alert me on startup if protection...
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    when do you know your ready?

    You may also want to ask those that aren't profitable, the answers may be interesting and isn't suspect of survivorship bias.
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    54 consecutive winning trades

    It's at 33.10 now. Too bad you got out too early today while the price was still rising. How much are your losing positions down concurrently? Thanks for posting the update. Speaking of which, I notice everytime there's a rally, that's when you come to life around here. It's like that...
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    IB Trouble

    The "shortcuts" are created by you. Rightclick on TWS's desktop icon and a menu opens, click on "create shortcut". A second icon will be created on your desktop. You can drag that second icon to your toolbar. Rightclicking also gets you "properties", where you can rename the icon. Another way...
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    20/50 Moving Avg Crossover

    Maybe this is off-topic: Isn't it the case that eyeing where moving averages were printed in the past on a chart is misleading because they change values relative to where consistent new data reconfigures the average?
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    Wizetrade Journal

    Stocks don't always do what you 'knew' they were going to do, so that's not really an answer to me. So if it did go 'up like crazy' and you were to exit, my twofold question was... at what point would you exit, and would it be wt telling you to exit? If you're holding 1000 shares short and it...
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    Feeling about crooks

    "Unfairly"? That happens everyday to people and all quite legally. "unfair" is a concept we teach our children about so to make them idealistic, but then life's lessons teach them that life does not obey this rule and the expectation that everything has to "be fair" is unrealistic. Are you sure...
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    Wizetrade Journal

    so I guess the question is, if RHAT went against you, how far would you let it go against you, especially what with 1000 shares. Does wt assist you in that regard?
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    What Would Jesus Trade?

    "God" is not God's name. It's a title of some sort, isn't it? Scripture makes mention of many gods. Certainly, all their names weren't also "God", so it does point to the term "God" as being some sort of label. Moreover, the ancient hebrews had a particular name for god, represented by the...
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    Wizetrade Journal

    As interesting a brain teaser excercise it may be to figure out the exact indicators used in wt, I think I'm more curious at the moment about what criteria goes into selecting which stocks to track. Can you elucidate on that matter, mrbunnyrabbit?
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    Wizetrade Journal

    That makes a good point about how paper trades skew as representations of real results. If you short at market on a rapidly tanking stock, you'll get filled when the stock upticks, which compounded with whether you're using direct acess or web based brokers, could be far away from where it was...
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    Wizetrade Journal

    Well, if it wasn't available for shorting, then your real life results would not have included this trade, so bothering to see how it would've performed is moot. About your real trade, RHAT, are you entering shorts at market or with limit orders? 'cause if it's shooting down when shorting...
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    What Would Jesus Trade?

    Jesus wasn't against making a profit. There are mentions of wealthy christians in the acts of the apostles. For a while he worked with Joseph in the carpentry business, obviously they must've made some profit there to take care of themselves. He was against the money changers because they were...
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