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Its not clear to me if you are saying that the home next door is worth 600k to make the comparison fair but anyway I dont follow your math. My marginal tax rate is 39% so thats about $1600 of the $4k per month that you said is deductable leaving around $2400 net. Doesnt seem like that...

Two points: (1) the home you live in is more than an investment - are you planning on renting a comparable home once you sell yours? Even so there are differences between renting and owning, some positive and some negative. This is clearly a personal choice. (2) In the US at least the...

Prove it. BTW, I did read all the "fine print" on my mortgage and there is no such provision.

Thank you - I was just going to post the same ... unbelievable lack of taking responsibility. I'm sure if these same "victims" had profited $100k per home they wouldnt have been complaining. Getting that heavily leveraged into real estate in one area is just insane unless you have other...

Really? Must be a regional thing, where I am I've never heard of such a thing for an owner-occupied residential mortgage. I'm surprised anyone would agree to such terms in a mortgage.

As someone who used to earn a living coding C++ and is now working on developing automated trading systems on the side I can only agree with myself. While I would like to forget the the negative attitude that was pervasive throughout andrasnm's post its hard to do it since it pretty much is...

Its interesting that you incorrectly assumed that such an arrangement would be considered a "gift" and that the person needing the coding would be a "moocher". The arrangement that I outlined (that you quoted) would be a mutually beneficial arrangement, the coder would gain access to a...

I have to agree with science_trader that your definition is not correct. I would agree that the OUTPUT of the two systems are equivalent over a specified period of time but to to say that any two systems that generate the same signals are equivalent strikes me as an incorrect definition of...

Unless you are super-secret with your trading methodology you may want to consider just asking around here at ET. I've noticed there are no lack of programmers here and I'm sure some would probably be willing to code your system for free with the understanding that they could use it to trade...

Not sure what you mean by "automating" but I believe TradeMagic has an Excel interface (http://www.trademagic.net), never used it myself, just passing the info along. If you are talking about a system that automatically places trades without any user intervention then I have to agree with...

Elder's mentions it in the introduction of "Trading for a Living", p. 4

If you paid by credit card you may be able to dispute the charge depending on what you agreed to when you joined since the site operator did not provide the month of service.

You've learned you have to charge folks more to compensate for your trading losses? Actually this isnt a room. I couldn't have described this thread better myself. Congrats about coming clean about your idiot status. I'm not sure what to make of that but I'm pretty sure I don't want you...

New poll, how many times will WaveTrader2004 announce he is leaving and then come back and post again?

Not the first time you said you were leaving for good, I suspect it will not be the last...

Is it safe to assume that you lost your arse then?

I dont think you can use sports as an analogy. There are physical limitations & inherited genetic characteristics that can prevent someone from excelling in a given sport yet that could still be an excellent coach in that sport. I cannot think of any reason why a trading coach should not...

Thanks for the info. I guess what I'm trying to do is put bounds on that opened ended risk. For instance we know that NQ can't go to zero and for certain events (say a world-wide nuclear war) I couldn't care less about my equity losses...so what I'm trying to figure out is how much hedging...

Thanks - thats what I was looking for and far out of the money options make sense - but do real individual traders really do this? Maintaining a hedge option position would eat into profits, I guess one posibility is only taking short positions when trading since the odds of a positive event of...

Thanks for the well wishes but I'm not sure how you gathered that I think my stop loss will be filled in extreme cases (I don't). I thought I was pretty clear in my initial post in this thread: So again I ask the question, how do real individual traders protect themselves against potentially...