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AMEN. Everyone should learn this lesson the hard way one time to make it sink in. TS

Actually Ed Thorp was banned from Casinos for developing a system for consistently beating the house by using optimum betting techniques. See http://en.wikipedia.org/wiki/Edward_O._Thorp and http://www.777.com/articles/edward-o-thorp-the-man-who-beat-the-dealer He and some of his fellow went...

ha-ha. In twisted way of looking at things Iron Condors let me do both at the same time in any market since I am always buying long and selling short irrespective of the market (just not optimally). :p I guess we should just flip from credit to debit if we had the wherewithal to know exactly...

I don't mind telling my strategy and I think it does not impact me if I do tell it. Basically in up markets I look for the current bull market leaders with good fundamentals, buy on a trend dip by selling naked puts 5 points under the trend to get paid to wait (and assigned) then when I sense...

Hmm, not that I don't admire your patriotism and glee in this matter but I don't follow the logic. I think in the short term a war would do the opposite. Oil prices would skyrocket as our military drew down the strategic oil reserve to fuel the military effort. Iran would of course mine the...

Not sure what you mean by the male pill - contraception or performance side of things? I'll assume the topic here is birth control. In this case any good radiation disposal company would be a good investment if they can get the stuff put into pills. It would pretty much give 100% results on...

I generally agree with what has been said here. There needs to be a net positive expectation in the investment to win in the long run. Of course in the long run we are all dead anyway - so the semantic of "long" is ambiguous or pragmatically irrelevant :D One of the little expensive truths...

Guys - another way to play the trust sell off is to put yourself in the shoes of those who still need to be in high yield instruments. This class of investor needs and wants high yield monthly or quarterly income. That money is going to migrate somewhere. So, just look around for all the higher...

Thanks, I needed that morning laugh. Unless you consider the "highest standard of living" in the theological sense and are blindly pious to the violent history of Islam I'd wager you have been hanging out too long in the pubs to notice the latest demographic shift in Europe. Didn't anyone tell...

[TrendSailor’s Response Part II] But to ease a moral conscience we note that no one has a perfect God's eye vision to know the context of the other trader on the other side of the deal. Morally we can opportunistically and honestly point at our human limitation to find an easy excuse to...

I have given this much though and this is going to be long . Apologizing right up front. I am going to break up my response into two parts since I am at my limit of characters per post. TrendSailor’s Response PART I The question implies a false altruism. Extracting out the invitation to...

I'll give answers after I think about it some. TS

I am getting away from betting on trends and am getting more and more into hedging strategies with options and spreads etc. Unfortunately most of the trusts do not have a public options market or their options are very thinly traded. However, the high yield that some of the better trusts are...

OK guys - lets try to back of the personal stuff and get back on track about Canadian Trusts. There is potential opportunity here from a knee jerk reaction and money can be made if people are smart about it. Advisers gave me some remarkable insight today. Current thinking is that Canadian...

On a massively wide spread it makes no sense to me to even attempt to sell back the longs in the last day of trading. This is a panic scenario and I want to get out of my shorts. When I get in this scenario with a 10 point spread I just let the longs get eaten at exp and just focus on...

Good - I found a Canadian patriot. This is all just a little experiment I am doing on a bet - honestly. I actually like Canadians very well. It's their socialist gov that gets me all fired up since I don't want to see the neighborhood go to hell when that reaches its logical conclusion. The...

Tradernick - give it a rest dude. Your persistent personal attacks and slander are just so weak and sophomoric dude. Now you resort to name calling? Listen I am sorry if you don't agree with me and have disgraced yourself with these persistent tirades. Please just grown up. If you don't...

Apologies accepted. No mystery - there is a random stochastic component to nature that pervades all things - including the markets. But we are thinking creatures well suited for adaptation. The key to success is never giving up and adapting in a way that is more advantageous to the cards that...

Funny how some people go out of their way to personally attack others on a question that was not even directed to them. If you have a personal problem with me send me private email or lets exchange contact info and meet in person for a personal round of "education" and lesson givings. Who the...

Hey drsteph - thanks for adding your insights. I was not following this market in any detail prior to this tax policy event and had just bought blindly on some advisory info I get. My objective was to get some nice monthly cash flow by selecting trusts with different dividend distributions...