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If you have a printout from the order status page showing it is cancelled, I think that would be that. Look carefully though, I think everyone has accidently made trades they didn't mean to make, like getting out of the trade, but forgetting about a stop, putting in the wrong number of lots...

19.50 x 100 lot = 1950. Yes, I know that. One contract might be worth the risk. You only get the $360,000 if it is way over 1500 before expiration or 1500 or more close to or at expiration, otherwise you get less. I note a lot of activity in the 1000 12/09 contracts. But, not to many people...

I found it. About 19.50 per spread which would be a debit of the full $23,000 and change - the full amount he wants to invest in coins Say gold reaches just reaches $1200, but no more the whole $23,000 is lost. Not for me and not insurance - a bet. But, you know, some people get it right...

How much does the debit spread cost? I tried to look it up and had trouble.

I think about making these kind of trades now and then. Don't have the balls.

Reading your posts, seems like you had fun making the money. Thanks for sharing. A few people on this board like you, are wealthy traders who know more than some others writing books on trading. I think that is because you'd rather trade than write books. Point being, this has...

Following that was the Bretton Woods agreement in 1944, establishing the dollar as the primary world currency. This agreement allowed foreign central banks could convert US dollars into gold at $35.00 an ounce. The US had major gold reserves back then. Even so, we were printing more money...

Gotta agree. The hard asset gold will always have value. Always has. Always will. Regarding another poster's comments, I remember buying junk silver coins in the late 70s early 80s when inflation was out of control and the prime rate was nearing 20 percent. We didn't know where things were...

:) Maybe. But, throughout history there has always been a medium of exchange. Even so, can't predict -- at least I can't Could happen. I don't think in my lifetime though. Hopefully not. Usually it takes a while for civilizations to crumble - usually centuries. Having a conversation...

You could be right. Who knows. This idea of a fiscal crisis is not new. About 30 years ago, my father bought a bunch of gold coins and put them in a safe for the reasons being discussed. Thirty years later, they are still sitting in that safe. If you got a situation where "none" of those...

I agree with Anek. With futures and/or ETFs you have an instant market. Also with futures and some ETFs you can hedge gold with options. I have some gold futures, but I have some hedge on them with options. I can liquidate at any time. Even though gold is now around $835, there is nothing to...

I can tell you what I have observed in this room when I was reading the dialogue once. Apex said at a certain price level, it would reverse. He said, "Now watch this." Sure enough it reversed exactly like he said it would, right after he said it would. That was real time. It wasn't after...

Follow this room a lot to learn. I usually don't post, because I don't know much relative to you and some of the others on TA or markets. But marco, economic and historical perspectives I feel more comfortable with. My two cents is historically whether economic or political or whatever, it's...

It is always so easy to be a tough guy (gal) and insulting on the internet, hiding behind the veil of cyberspace. I always respect those posters in all rooms who respond with decency and respect or when insulted don't respond. To say mean and viscious things to people you don't have to look in...

Some of the individuals that posted before me are brilliant and wealthy traders. So take my comments with a little salt. But, if I was going to do this, I wouldn't do it with invesment banks. I'd let it play out for the next 12 months at least. The investment banks that posted the losses are...

I'm on it right now, as well as on by IB account. Both are quoting exactly the same on the ES. So, I think everything is OK -- nothing is down.

Couldn't agree more. And indeed the cycle continues. All the best.

Well if you had a lot of money, that would do it. But, since you are asking for a rich wife, that doesn't apply to you. If you were extremely good looking the knock out babes would be all over you, rich or not. The rich ones may just want to rent you, use you and dump you. Or if you...

This is an entertaining thread. There were a couple of posters that live or lived in Scottsdale. Since I also live in Scottsdale (North Scottsdale - DC Ranch), I thought I'd chime in. I've been married 13 years. I am 53. My wife is 54. So both or our looks are fading (mine is faded past...

I don't post here often. But, I find this thread entertaining. I haven't read the whole thread, so someone may have mentioned what I am going to say already. If so, I am confirming. I agree with those that say nothing is random. It has been proven by statisticians, psychologists and/or...