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If you have had insurance during the last 6 months you don't have to worry about pre-existing conditions but you'll still get screwed if you have any. You WILL get coverage and the pre's will be covered assuming the above, but your premiums will be about 1800 per month, or roughly 21k per year...

Because you could take any setup, go long or short on the trade, and because of the random element of the market, lose on both trades even though one trade or the other would have proven profitable given enough time. Because of the noise of the market a flip of a coin event can still create a loss.

Just how long are you going to run your rant up and down ET declaring BULL, BULL, BULL, only to be wrong again and again and again. Eventually you will be right and then ET will never hear the end of it. Only problem.....there's no mention of the 50+% drawdown in your account, or the losses...

But are you <b>really</b> serious?

Haven't read your article yet (looking forward to it) but I can't see how our elected (and some not elected) officials think we can grow our way out of this. Consumers have been hit hard by this crisis on many levels. Whatever savings they did have - 401k's, IRA's, money markets, etc - has...

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Or.....take them as you are now and if they fail increase your size on the subsequent trigger provided it has gone far enough to trigger stops above/below that last high/low. Be sure not to tell anyone here you're doing that because they'll call you a martingale gambler and try and predict how...

You could post 100 different charts, all of them profitable and someone on ET will rip you for it and find flaws in your methods. Wake Up ET. All trading methods have flaws. My take on hammers.....I watch for them closely on the 5-min charts and I have found they are fairly unreliable in...

Ok, perhaps I should have said it this way: "Who is going to tell the government?" :confused: Looks like there is no formal definition for a depression so the government will really be confused then. "What is an Economic Depression? You might be surprised to learn that “depression”...

I wonder if there is a formal definition of a Depression, such that two consecutive negative quarters defines a recession. And I agree with your assessment that we've already had a recession. Who is going to tell the government?

LOL gnome. You're exactly right. Traders HATE volatility :D

Exactly right NY. I was thinking the same thing when I woke up this morning to hear the futures were down 22. I checked the quotes Sunday night and we were up 5. The market is telling us this is going to be a deep, severe recession, which is great for traders. Recession = volatility!

The only ones who ever say anything of value on CNBC are Cashin and Santelli. Both guys work in the trenches and tell it how it is with no sugar on top. The rest are on there for either their looks or their personalities, as annoying as that can be. I keep it on mute most of the day but...

take three hits on the crack pipe and after an hour chase it with 10 Xanax, repeat as necessary. See how much money I just saved you :D

LOL. I gotta say, German definitely has his priorities straight. Trading? Fucking? Yeah, that's an easy one :D

LOL!! Seriously though, how many times do you have to knock your head against the wall before you quit knocking your head against the wall? I ain't ripping on you because I've been there. Crank out 2k in the AM, go in the hole by 500 in the PM. I follow a basic rule. If I meet my goal early...

50k in futures is all you need but preferably 100k.

I don't recall saying that I wait out trades that are going against me. I do stop out of trades but they are manual stops, not hard stops and the part of your earlier statement that I really took issue with was the word, "aggressively." I do scale into trades and I do add to trades that are...

ST, you are downright hilarious. Productivity rising and inflation falling? Just too funny! I think The Swordsman is right, you are sitting back having a good laugh on ET. It really can be great entertainment!

And unfortunately it will all be wrapped into socialism, which will require higher taxism and probably lead to more alcoholism. YES, we are doomed. :mad: