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    401(k) balances skyrocket in the decade since the market bottom

    Its NOT blind talking of a 10-20 year standstill. Maybe you started investing in the last decade. But Jan 2000 - Jan 2010 is ten years. The SPY is down over that period, and that's not so long ago. Lets not even go further back.
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    Who wins in a Trade War? China or US?

    narrow-minded
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    Top Democrat's proposed tax on unrealized capital gains would be devastating for financial markets

    What I mean is this. When I sell my MSFT to immediately buy CSCO, I pay taxes. Why? My CSCO holding is every bit as risky going forward as MSFT going forward (from the same point). So why justify deferring taxes on basis it is not realised? I haven't touched the money realised from MSFT sale!
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    Top Democrat's proposed tax on unrealized capital gains would be devastating for financial markets

    I actually like a form of this tax. Why do I have to pay tax because I turned over my investment from MSFT to CSCO, while Bill Gates keeps compounding his in MSFT for 30+ years? Does anyone not understand the impact compounding tax-free could have done for me?
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    2014: The Battle for Survival

    Period Update 01/01/2019 - 03/31/2019 ---------- Flat three months, up 4K The reduced trading continues. The only thing I have worked on is reversing the decision to only do automated trading. The issue before now has been not resisting the urge to overtrade sometimes, or to go on doubling...
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    Life after death is clearly real. Why do people still ridicule it?

    The problem with such questions is that we are trying to take a role that is beyond us. The fact is that space, time, and even our logical system (scientific thru the medium of our 3-pounds of grey matter) are all interwoven, and products of the universe. Asking what it is like without the...
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    BlackRock CEO Fink Says Modern Monetary Theory Is ‘Garbage’

    Why should the West care about another country stepping into the breach? Is it a competition? And Zimbabwe is the battleground?
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    BlackRock CEO Fink Says Modern Monetary Theory Is ‘Garbage’

    The argument is for wrong. Just because you print your currency and people are being paid in your currency does not mean people will take whatever you push on to them. At some point they revolt - by then its too late. Ask Zimbabwe.
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    Life after death is clearly real. Why do people still ridicule it?

    Busy preparing HELL for those who probe too much!
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    What Are Your Golden Rules?

    If you bought FB at the IPO price ($38), I don't know what kind of wide stop would have prevented you from getting out at $20. If you are in it long-term, I believe you should take a proper size (as % of your account) and forget about stop loss. Your exit should be more fundamentally driven than...
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    In one sentence, what is your edge for 2019?

    Hard to see how you can predict 2nd and 3rd derivatives, and be clueless on the main function.
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    The Many Mysteries of Shorting:Invalid Short Reports? Why Shorts Pay Over 100% Interest? Etc., Etc.

    Are those rates guaranteed for one year? I don't think so. Even if it is, as the stock plunges, those rates become less as a percentage of your initial investment (if you are long those stocks like SAEX you mentioned): it is 100% of current price not your initial entry price. If you paid $70 to...
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    China offers to buy US goods to end trade imbalance

    I dont see how that will address the imbalance. They ship $100b to USA, who in turn ships back $102b (additional cost being for re-packaging, of course no tariffs). So effectively the deficit is reduced by $2b not $100b.
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    If you are a good trader, you might be a dummy

    Not entirely. You may find another form of emotional trap: creating/activating/de-activating strategies on emotion. Speaking from experience :)
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    SEC affected by shutdown?

    The SEC collects enough in fees not to have to depend on the Govt. Why do they have to remit to the government, and be furloughed?
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    2014: The Battle for Survival

    Period Update 09/30/2018 - 1/4/2019 ---------- Horrible 3 months to end the year, down 73K (39%). For the year down 39.7K (23%) Not sure how to explain it. The increased volatility was detrimental to my account. Ordinarily I should be doing better from my historical pattern. This time looks...
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    David Einhorn down 34% in 2018

    How could he lose that much in 2018? Isn't he mostly short?
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    The market is seeing something we dont see yet—

    Doesn't that make it a very subjective gobbledygook, against which it is impossible to measure performance?
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    The market is seeing something we dont see yet—

    Seems EW is some form of Fourier Transform that can be made to fit any past pattern. Trying to predict the future and making money of it is a different thing though :)
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