Search results

  1. 1

    Apple - a view from a different angle

    This is not an indictment of apple, it is rather an indictment of all offshore manufacturing, which ALL gadget makers participate in. I do not think it is possible to find a gadget that is made in the USA. People just do not care. People fool themselves into thinking the reason we do...
  2. 1

    After exit, when to reenter the market?

    If you still have a short signal why exit the trade or trail a stop? It seems as though your dilemma is occuring because you are trailing a stop and getting stopped out when you would in fact still like to be short if you were not in the trade. If this is the case your method might contain...
  3. 1

    Why do noobs make money?

    noobs typically: -add to losing trades -take quick profits -ride losses -prefer to only sell when the trade is showing a gain. So using this strategy the noob is often able to make a string of winning trades. It is called manufacturing a winning streak and is a popular betting...
  4. 1

    Step by Step How HFT's will SCREW YOU on the payroll number

    I suggest pre-placing limit or stop limit orders and using smaller size. If you are going to do a stop-limit type trade give it a few ticks range at least to fill within. I have found that using time rather than price to manage the trade to be effective. For example if you need...
  5. 1

    Grinding it out, day after day

    Trading for 2 to 3 ticks is not the same as averaging 2 to 3 ticks. This is likely true with your swing trading as well. For example you are happy with a 20 - 30 point move, however it is unlikely your average trade yields (based on actual historical results) 20-30 points. The...
  6. 1

    Social Security

    Is it possible the obsession with "retirement" is some type of mass delusion or mental illness? Where in human history is there a divine right to a "retirement". U work try to have a good life then when the time comes you die. The retirement is the great carrot that the...
  7. 1

    How to "sit" on a position during a big move

    I think a secret of trend following is that using trailing stops is the equivalent of massively increasing betting size on winning trades even with no additional trading. Whereas they may risk only a few % of closed equity they risk a much large, even very large, % of open equity. This...
  8. 1

    Losing Daytrader Owes IRS 170M

    My guess is he did not file a return and all the IRS has is the sale proceeds from all his day trading, which is 172M. When he files a return with his actual basis it will be cleared up.
  9. 1

    California has just stopped paying its bills

    The crux of the offshoring issue to me is that the middle class is caught between a rock and a hard place: Wages are being arbed with lower cost of living countries, but the government (due to the financial sector) is determined to prevent housing costs from falling. Well, if real wages are...
  10. 1

    Is owning a home mostly a bad thing?

    Folks there is no one answer. From a purely financial perspective it depends on the specifics of each situation. From a quality of life point of view or other point of view it is the same thing. Given this, it is a fact that many rental homes are available right now (in markets I am...
  11. 1

    Is Obama Muslim?

    Lib Sodomy, Your point is well taken. The cultural "America" did die with that act. Though it was hardly the first blow, with hindsight it might have been the death blow.
  12. 1

    Chicagoans: help please...

    oops i already posted this comment months ago.
  13. 1

    Alternative income ideas-You Tube, Twitter

    Why would it be nuts? Give it a shot. Web businesses are great if you can get something to work.
  14. 1

    It's possible in the modern world. Even fun. Meet the man who lives without money.

    One of the best ways to cut medical expenses such as dental care is to change your diet. STOP eating all refined sugars and carbohydrates. Stop drinking soda and all the other crap industrial food products that have no nutritional value. Even diet soda has a ton of acid which is terrible...
  15. 1

    Outflows from quant funds stunning

    the huge overhead makes the hedge fund industry "as an asset class" a net loser for investors. This is well hidden by misleadingly constructed hedge fund indexes and the failure to report actual cash on cash returns taken out by the funds which in all likelihood trails a simple portfolio of...
  16. 1

    WCRX Warner Chilcott $8.50 Divided anyway to play this?

    Any tax experts here? I am guessing that this dividend will be classified as a return of capital, and as such will be tax free. It could be that the CEO sees it this way: The cost of debt capital is very low right now. By doing this maneuver, he is pushing forward the stream of cash flow...
  17. 1

    is the US the next Argentina?

    Inflation - and the under reporting of inflation in the government Stats is the only solution.
  18. 1

    Norway publicizing each taxpayer's income & wealth

    These countries have become freakish matriarchies. I doubt these countries will be on the map in 50 to 100 years.
  19. 1

    Hedgies pay less taxes than you ?

    combining the corp tax on profits of about 40% with a 40% individual tax rate, the government will be taking 64% of dividend earnings. Who needs socialism?
  20. 1

    Postal Service Reports $3.5 Billion Loss

    The problem with cutting government departments that are losing money or are no longer needed (assuming they were ever needed..) is that the primary purpose of these departments is to create jobs. The post office, much like the public school system, is best thought of as a massive "public...
Back
Top