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  1. W

    Why Gold is jumping?

    "no fundamental reasons for a short term move. Fundamental reasons are always after the fact explanations most often dictated by the psychology of the moment" this is one of the dumbest things i've read in a trading forum this is the kind of rubbish that gives technical analysis a bad name...
  2. W

    Do you pay tax on options?

    joey, this is a pure semantical debate, but if you earn a profit from a BUSINESS, by definition it is income capital gains can be a FORM of income. i can cut and paste some IRS documents that explain this concept if necessary
  3. W

    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    "Didn't Saddam send a 12 thousand page report to Bush and UN in December 2002 showing exactly that he had complied with destruction and no further development of WMD's? Didn't the previous weapons inspector Ritter confirm the same, didn't the new one Blixx confirm the same? and ultimately...
  4. W

    Paper Trading Vs The Real Deal

    it's not just psychological. it's about willingness to TAKE a loss i could have easily taken my papertrade account to zero by buying HEAVILY leveraged futures and maxing my leverage to the hilt. in a real account, I would have had 100k of MONEY at risk. would that have been an acceptable...
  5. W

    Do you pay tax on options?

    your CPA is wrong if you buy a security at price X and sell it @ price X+Y, that is a capital gain PER-I-OD
  6. W

    Christians Sue for Right Not to Tolerate Policies

    the issue is that the free speech rights of christians (of whatever political ilk) are just as important as anybody else's civil rights - the 1st amendment right to state opinion we have that. canada, UK, Germany et al do not i disagree with many statements made by fundamentalist...
  7. W

    Do you pay tax on options?

    joey, it IS a capital gain, but it is also income it is taxed at the capital gains rate, but technically speaking (even though it's schedule D), it's part of your INCOME if your STATUS is professional trader. money earned in the course of your business falls under the definition of...
  8. W

    How come George Bush doesnt bomb Iran,they are farther ahead then Iraq in the WMD dep

    the situations between the two are similar but not the same when we invaded IRAQ, we invaded a nation that had signed a ceasefire with very specific provisions (such as clear demonstration of destruction of their WMDs - which they did not clearly demonstrate regardless of whether they had...
  9. W

    Do you pay tax on options?

    yes it's a capital gain (or income if u have filed professional trader status). the IRS has just not caught up yet to options to be safe, i'd report it as a capital gain (or loss :) )
  10. W

    Paper Trading Vs The Real Deal

    that is true. assuming you took into account "fill" issues. in my case, those were nonexistent since i basically bought one basket and held for a few weeks, so slippage was realistic
  11. W

    Fox News Poll shows Bush hitting new lows in approval

    yet again, this convinces me condi would be an awesome prez or vp candidate
  12. W

    Paper Trading Vs The Real Deal

    it's not just psychology. it willingness to take risk i used my 100k to buy HEAVILY LEVERAGED INSTRUMENTS - futures in Natural Gas, Nikkei, etc. at one point i was down to 65k (from 100k). since the money isn't real, i didn't care about losing the whole thing so i let it...
  13. W

    Historical data on crude oil and gold

    futures.tradingcharts.com
  14. W

    it's a felony...

    "But look how discriminatory the immigration laws are:" immigration laws discriminate against illegal immigration duh. that's what laws DO. "discriminate" against illegal behavior "unless you're Cuban, if you enter this country 'illegally' you're thrown in jail and deported. And...
  15. W

    it's a felony...

    "So? Maybe we should degrade our human rights records to Mexico's level too... " no, we shouldn't the ISSUE is the hypocrisy. vicente fox et al have FACILITATED mexicans in illegally entering our country AND have criticized any of our attempts to quell illegal immigration that is...
  16. W

    The "Holy grail" of candles

    there is no holy grail. PERIOD otoh, my next closest thing to a holy grail is this buy good companies on panic and weakness iow, buy panic and sell euphoria
  17. W

    Paper Trading Vs The Real Deal

    at least in my experience, paper trading doens't have much carryover to real trading i opened a papertrade account about 3 weeks ago bought Nikkei Futures, Gold Futures, Silver Futures, Oil Futures, and Natural Gas futures my 100k is now worth 540k lol in 3 weeks. i've never...
  18. W

    Christians Sue for Right Not to Tolerate Policies

    which is kind of tangential the 1st amendment (the right that the people in the subject of this thread) right to express speech, even if SOME view it as intolerant is the very essence of the 1st amendment right to free speech calling speech "intolerance", problematic as that it is - is...
  19. W

    Madeleine Albright Can Leg-Press 400 Pounds

    any REAL weight lifter knows that leg presses are suss REAL men (and women) SQUAT
  20. W

    Christians Sue for Right Not to Tolerate Policies

    " you consider faithful religious people pointing to their scripture and having different opinions on what that scripture means to them a "debate".... then you are the one who needs to be felt sorry for....." i am not aware of any evidence, or personal experience that shows religious people...
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