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Ummm.. didn't you just make $22k in one month? https://www.elitetrader.com/et/threads/need-900-in-3-years-what-would-you-do.312865/page-7#post-4511261 What do you need these guys for? Just turn $300 into 22k again. Or better yet, turn $3,000 into $220,000, and then you won't need their...

I do agree with this. But it sounded like the the point you were making was to go long once it left the tiny range, and in my opinion, the breakout is the worst place to go long. This is obviously what is happening now, since it did a fakeout. Likewise, going short below the range is tricky...

Keep doing your excellent play by play of the action after it happened!

You should teach... you sound like the experts who have lots to say but say nothing at all! :D You can't say there is no reason why a person can't be on the right side of the trade by the open, but then also say that it might fill the gap or it might not. You're essentially covering all bases...

Exactly.. the range... but I thought maybe you would share your thoughts on which way it would break. My answer of course is that its too early to tell.

Based on what you see on this chart, how do you suggest to play it?

I am interpreting your comment as sarcastic. But to play the other side of this, it means that insurance companies don't have to cover these uninsured damages, so that is a bonus, and obviously stuff will get rebuilt, so that is a bonus, and where that money comes from can just be tacked onto...

15Mbps refers to how much you can download at once, not really the speed. Yes, when downloading a 1 gigabyte movie, you want more bandwith since it will ultimately finish sooner, but when it comes to trading, its different. Even if you monitor 100 instruments at the same time, I doubt this...

I don't actually want for the officials to have no control. I like that when I use my credit card, if I see a fraudulent charge that isn't mine, I don't worry about it as the credit card company will remove it. If you're moving large amounts of money that you want secret, its because you're...

At the risk of starting a war, why do you say this? Perhaps people fail with this not because it doesn't work, but because they don't have a good use of stop and target and apply it consistently time and time again. HFT firms, from what I read, barely break a 55% win rate, but with their...

This small and big account thing is just a numbers game. A $100 loss is still $100 if it happens in a 10k account or a 1mil account. Overtrading might seem like a big nono to you, but there are lots of people who take 10-20 trades per day, and this is by no means over trading. If at the end...

I find that in life, you sometimes realize later that the outcome wasn't too bad after all, but you just don't know it at the time. Many people might wake up one day with nothing. I'm not making a prediction, but I do see how precarious this whole thing is, and when its over, it won't be a...

Even though I like much of what you say, your posts in this thread don't really make any sense. Perhaps the first thing to consider is what type of trader you are. If you're a swing trader, then perhaps your cost percentage can be lower than for a day trader, but when you say that you would...

Hahahhaha... you think Uber can operate where ever it wants to? All it takes is one law and the whole thing is finished. Clearly they are right now providing services that are useful, both to customers who need a ride but need something better than public transportation, and also the drivers...

I think you have just proven the opposite of your point. Yes, there has to be the will of the people to use it, but where does this will come from? You mention that the US dollar caught on not because of the government but because its what was being used. Ummm... and why was it being used...

I find the government is really bad at being proactive. Usually they only do clean-up, and very poorly. Look at the subprime mess in 2007. One can even argue the way they solved the problem didn't really solve anything cause 10 years later, most people are not better off, and the bulk of the...

I'm surprised nobody has mentioned the role of the government yet. If this thing would gain any momentum in terms of usage, the government can very well step in with their own rules. If you don't like the rules the government sets, move to a different country. I bet they just let it slide...

Along with everything that scat is saying, bitcoin may very well one day evaporate due to regulations. There is actually a rule I believe that says in the US that no other form of money can compete. If authorities ever thought that the US dollar would suffer because of bitcoin, I do believe...

And I totally understand what you are saying as well. The strategy at its core is highly risky, and especially so for the return generated. I don't even care about his money return to begin with though. All I care about is the fact that anyone can say anything to sound smart and this really...

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