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Franz, it that really you, dumb question, but I had to ask? I am sorry I wasn't with my trading buddy at the Vegas expo to talk with you. My friend Steve said are a genuine guy. I'm impressed that a guy who makes a much as you do will take time to speak with fellow traders. How do you...

Honestly speaking, you will probaly lose all of your money if you just go for it. I lost all 20k in less than 1 year a few years ago. At one point I was up over 65k position trading futures, but I didn't have trailing stops in place so I got what I deserved. Spend a good 4-6 months just...

I second that, I would like to see the drills. I just have a hard time understanding Grob's posts, although I genuinely believe he is helping people. In fact, I would be indebted if anyone could post a drill on execution, that's my biggest problem. Having moved from sim to real money, my...

Personally speaking, 5 and 7 years ARM's are good, anything less is most likely gambling at the casino. I wish I would have taken a 7year ARM, the rate was the same as the 15 year buy down we did. Statistics show people move every 5 years approx, until they get older, say 45 plus. Some...

Chagi, What are the interest rates in Canada right now? I am thinking of moving there, maybe Ontario in the next couple of years. From what I have heard and read the bubble isn't as bad in Canada as in America, generally speaking. Am I right or wrong? Living in Denver, I believe most of this...

Trade under a corp. entity, LLC, etc. I do it now, for increased tax write offs, but you could incorporate in a state where they don't divuldge corp. officers info. You will have to do your homework, but I would start with Nevada and New Mexico, maybe even Wyoming. To be on the up and up you...

As I have read on MB's and IB's websites they both require 50% of regular margin to day trade. This is twice what most regular futures firms require. Most futures brokers require 25% margin. That's an expensive proposition for most traders when they want leverage. MB also has restriced trading...

Red Duke, If you don't mind me asking, how long have you been using CCI? Do you partake in the hotcomm room or are you solo? I ask because I hung out in the room last fall for about a week, but decided to hire a dedicated mentor as I need more 1 on 1 time. It's seem like the nicest group...

I think the book Grob was referring to is here http://www.amazon.com/gp/product/0195144708/sr=8-1/qid=1142552994/ref=pd_bbs_1/102-3029175-3727328?%5Fencoding=UTF8

That's a good blog and I am a big believer in SMA and EMA's. Back to the subject of the thread. I think anything can be taught, but some will excel better than others because their innate talents are more useful at that given moment. I better believe talent can be taught, I am learning...

Mike, If you don't mind me asking, how long did it take you to get a good grasp of MP? I read Bolter's entire thread on it, it was rather informative. Thanks in advance.

Seriously Seth, it is because anonimity and big egos make for a dangerous combination :p I post with the law of Karma in mind.

I live in Denver too, there is a place off of Colorado going eastbound off of 25, damn can't think of the name. It's next to a lamps plus, sorry I can't be more detailed. They are helpful and reasonable, although I had already purchased from Costco.com because of the six month no question asked...

I am considering applying for Canadian citizenship as my dad is Canadian and then renounicing my American citizenship, maybe go live in Easter Europe, where my wife is from or move to Canada. For tax reasons and political, but I don't want to stray off topic. Unfortunately I don't make enough...

That is the most accurate post I have seen in awhile. Recently I have been doing the homework I like the least backtesting and calibrating my signals and my trading is improving definitely. My first trading endeavor, really gambling in hindsight, I was unable to lock in a huge profit in gold...

Thanks, that is good to know. I am considering expatriating and trading under an IBC, but wanted to use a US broker, now after reading that I am not so sure. I guess I could say live in Easter Europe, have a Panama IBC and not worry about taxes since the US would exchange info with Panama which...

I will ask my mentor if he doesn't mind giving it out, I don't know it off hand. I think Canadian legal system is similar to US, I am not sure though. The guy I used for my LLC in Colorado is Paul Mann CPA at daytradertax.com. He gives like a 1 hour free consulation with the hope you go...

Actually not entirely true. If you are an American citizen or perm resident and move somewhere else you can make up to 90k single or 180k as a couple and avoid taxes. But if you are trading in the US it would be difficult to avoid taxes unless you evade them through the use of an offshore corp...

36 Live in Denver, CO Trading off and on 3 years, trading full time since last summer and starting to make money.