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If a person says the market is mostly random it is because he IS a thinking person. It takes a lot of brain power and time to analyze the markets from a statistical standpoint. Simply getting into the schools that offer these programs requires a high GPA and GRE score. "Lazy thinker?" That's...

Well said Hurricane. I've had winning streaks like you're experiencing and when that happens experience has taught me that I'm due -- due for a clocking I've spent a lot of time running Monte Carlo Simulations and the end product looks exactly like a stock chart. I would agree that the...

Start an LLC or an S-Corp and pay yourself through a W2. Now you're an employee of XYZ Inc. Problem solved.

After the stock advanced from $100 to $650 and then expected to advance to $1100 is a pretty bullish prediction.

When people get super bullish after a stock has had a great run it tends to suggest the stock is at/near a top. Time will tell with Apple but you gotta love that new iPhone. It's just a matter of time before competition erodes the competitive advantage Apple currently has. Widgets are usually...

Just buy the leveraged inverse ETF's.

What's shorting? :D

I trade with Global Futures. They offer just about any platform you need and commission is negotiable, to a point. Their customer service is absolutely top shelf! Here's the list of platforms. http://www.globalfutures.com/platforms/index.asp

In all seriousness, you should start by never starting, unless it's the only thing you've ever wanted to do in life. If you're getting into the business because you're unemployed, retired, bored, whatever....your chances of success are very remote. I wanted to trade in the pits from the...

Better to have money to pay the debt with than no money to feed yourself with.

A solid rule of law that incarcerates more men and women, per capita, than any other civilized country in the world.

The first step is to find out what the relationship is between them and whatever else you're trading. Is the correlation strong? Weak? +/-?. Once you have that answer you have a starting point. The next step is to compare the leverage between the instruments you are trading and also the...

When I started trading with a Prop firm they started me scalping on the 5-year because it wasn't as volatile as other instruments. I think it was a good instrument to start with. Once I had success with that I moved on to other instruments but starting with the 5 is a good place to get going.

I used to think like that but there is a greater meaning (purpose) of life.

LOL, I worked a summer job for a village and I got paired with one of the plumbers. He was one cool dude. We spent about 2 hours each day "trolling," looking for hot women to pick up. Never landed one but it was fun trying. Sure better than doing some actual work. Imagine that...do squat...

Property taxes are consistently rising. I suppose it's because many homes are vacant and the villages have the same budget. And then there's talk of the villages funding public workers pensions in Illinois. Saw a tax return this year where a retired Chicago teacher was receiving a pension of...

Something important this thread highlights is the trap that parents are getting caught in nowadays. In yester-years it was only the student who took out the loans and was responsible for paying it back. Now, the parents are forced to take loans in their name to put their kids through college...

I think it would squeak by if there is no element of intent to include student loans in a BK proceeding. Like you say, if you use the card for other things and enough time has passed there's a good chance the debt may be forgiven. This is definitely something that requires a BK attorney...

Transfer as much as you can to 0% credit card offers and pay on those cards for 2 years. File for bankruptcy after 2 years and your student loan debt disappears. Check with a bankruptcy attorney first before doing this. I don't know if this will actually fly, it's just a thought.

It depends on the size of your account and whose money it is. If you're trading a 5 - 10k account 100% per month in the futures market is doable. If you're trading 5M then not a chance. If you're trading OPM then 20 - 50% is a very respectable return. If you're trading prop (with the...