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You need to increase size as price moves against your position. When it gets down to $10/share in price, you would have bought 2 to the 14th power shares, or 16,384 shares.

What on earth are you talking about? Let's have the specifics. You have big enough pockets to ride UPRO down to zero?

What is he talking about? The OP uses the term Martingale twice (emphasis added): "3x S&P, it moves fast. Just martingale into it as it goes down, but plan things so that you never use up all you money like idiots who martingale in Forex do." Martingale means adding to your position as it...

Let's try an example with YM, and for simplicity ignore commissions. Assume YM is trading at 10,000. You buy 1 contract at 10,000, with a target of 10,020, which is a target profit of $100 at $5/point. The position goes against you, so at 20 points in the hole, i.e., at 9980, you double your...

Pretty good score. That's way more than a ditch digger makes in a day. Don't let it go to your head. In trading, euphoria is worse than greed.

You will have losers, because positions will move against you and you are averaging down. If you had no losers, there would be no averaging down. Let's see the details. How are you structuring this? What size account are you starting with and what is the initial position size? When are...

Won't work. Position size increases too rapidly when you have a string of losers. You can easily have 7 losers in a row, in which case your position size increases by 2 to the 7 power, or a factor of 128. Try a reverse martingale. You'll have a lot of losers, but when you hit a winning streak...

You rarely lose money digging ditches, unlike in day trading. In addition, hope is a pretty schitty edge. So you might want to reconsider the ditch digging. Do you have a trading plan? What's your max loss for the day, week, and month before you hang it up for the rest of the period? Have you...

The problem isn't what to do. The problem is HOW to do it. It's like some fat-ass asking what to do to lose weight. What to do is obvious: diet and exercise. The question is how to do it. How to regularly drag his fat lazy ass out of bed at dawn and get in a hard 5K run. How to hit the gym and...

Now you're making this personal? Based on personal, anecdotal evidence? What is the reported obesity rate for the US? Here's a report from John Hopkins, a rather prestigous institution: The US has the fattest poor people in the world.

Lack of food isn't the problem. Obesity is. It's an epidemic. End the food stamp program, reduce the deficit, and advance health care all at the same time.

And 98% of the 40 million on Food stamps look like marine mammals beached in front of a large-screen plasma TV with a cell-phone stuck in one ear.

It's certainly possible to time the market. Your accuracy may not be so great, but you can time it.

Why don't you just buy inverse ETFs if you want to make money on the downside? Shorting sucks. The brokers screw you on margin interest, sometimes you can't get a borrow, sometimes you can get a borrow and the stock is called back, and sometimes the stock gets bought out by a bigger player. Save...

I use IB for exchanging currency. I deposit JPY to my IB account through Citibank in Japan and exchange it for USD. Delivery is taken by withdrawals from IB in USD to a US bank account.

Use the cash to buy inverse ETF's during market downturns or periods of stock weakness.

What happens to someone short the calls? Do they get a windfall?

There is nothing to get. That's the problem. Once you get that there is nothing to get, than you've got it. There is no secret sauce, magic pill, special meditation, valuable newsletter, timing service, or trading method that's going to turn you from loser to consistent winner. This is a risky...

Is it bullish to sell the front month or buy the front month in a futures spread?

Nobody wants it. Too much supply and too little demand. Basic economics.