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Yes end social security. While we are at it, end the VA hospitals, stop paying money to retired soldiers. Along with medicare, medicaid, food stamps. Yes go ahead and piss on the soldiers that made a sacrifice to this country to made the Defense companies rich, well we already piss on them...

lol it seems like the latest pullback on the indices has everyone on edge. Absolute hatred towards anyone who seems profitable.

I would take the TopStep Trader combine. To hell with tower hill., Or do you not have any plan in place at all? If not, I suggest trying to develop some sort of plan and then practicing on a SIM before you do the topstep combines.

Hmm yes posting on ET does not take up too much time. 50k is only 5000 ticks, net profit per contract traded per year? isn't that what traders do? they make money. you know that 5000 ticks over 200 trading days is only 25 ticks a day.

The thing that These talking heads on TV absolutely never factor in when they are talking about the lower/middle class is the hours of week worked/quality of life. I have tenants who work 50-70 hours a week just to try and make ends meet. After they work that much per week, at the end of the...

I don't have any properties personally yet. I manage some for a retired family member who does that. I lived in Paris for 7 years. Great city...but the weather completely sucks, which is why I suggest the south. The weather is great in the south from early April until October time, even...

He is probably worried about quitting his job at the bank because he finds it impossible subject himself to living on what he probably considers an insect/parasite salary. Personally one can live a nice life in the south of France for around 2500 euros a month. So for 20 years you need about...

excellent work. Did you calculate 40 by looking at the support level from January 9th-10th?

11 points to go for 40!

People are free to trade their own way. But perhaps someone says something that you have overlooked or hadn't realized. 1 sentence can save a beginner hours of frustration.

+1 there is no reason not to do this. This is hedging your future. Making sure that you do not have to get a job if you suddenly cant make any money in the market. I can't Imagine someone who pulls in 500k a year in the market not putting this into real estate.

As opposed to the banks leaning on the taxpayer when their trades did not work out? :D

So those same investors who bought shares in 2003 for under $20 are unhappy with your investment? Scrolling back a few years it seems that their investment has paid off pretty well.

Perhaps the guy has other investments. Surely he has collected enough money over the years to have bought a portfolio of houses. put another chunk of change into some Dividend stocks, so while he might make only 300k trading, its not unlikely that he has another 100-200k coming in from...

Well win rate and RR take care of themselves. I think if the win rate was 50%, one would still have a nice profit ratio.

Just waiting a few more hours until the 24h stuff opens...the weekend is too long for most ETers :D

^^always good advice Mav. I looked into it after you mentioned it. To be honest I had not even thought of that route. Energy Finance at UH looks really interesting., and I'm a Texan, so the tuition is not bad at all.

It's risk. You are buying risk from someone who does not want it anymore. You are welcome to hold that risk as long as it makes sense for u to hold it. Yeah, you don't get to "hold a stock in your hand", but who here has ever had anything to do with the product ou are trading? Unless you...

I would take my assets and dump them into a overseas trust if you are worried about getting sued/divorce, etc. A family who is a friend of ours recently went through a divorce. THe husband is a Judge, and the wife a Doctor....Apparently they could not find any shred of assets/cash in his...