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This actually seems to me like it's a bit selfish and callous to be thinking about my trading right now, but dad is resting, and I need to temporarily get my mind off of shit. The minister left about a half hour ago after saying a prayer for him, and after all of us said the lords prayer...

You can trade options in an IRA. I do it all the time in my TDA Roth. And my risk is always pre-defined. If I were long TWTR calls (I wasn't) as the stock got smoked, big deal. Move on. Next trade. Long a leveraged ETF? Again, Oops.

I like the articles you posted. My first reaction was "WTF. Why?". But each of those articles talked about the risks which many retail investors/traders might not understand. Imagine buying a TWTR ETF on the 7th thinking it's turned the corner. By Friday afternoon, you're thinking "Uh oh...

Is his name Sheldon Cooper? But seriously, how does a person get a GPA of 7?

Yes. I think she got it through coinbase.

Because I like helping people, and I don't want others to fall into the same trap.

Ok. Thanks. I wouldn't even know where to start. But Robert Morse definitely knows his stuff. Good luck and let us know how it goes.

I've never understood the crypto hype. I've never traded anything related to it. I have a friend who bought 1 share at around 40k. I've never seen her so depressed.

Hi Robert. You're an early riser like me. That's good info. I would definitely go with Lightspeed if I went retail.

Do you mean starting a prop firm, or starting "at" a prop firm? I'm with Hold Brothers. I get 50 to 1. But I had to have proven previous results and get my 57. And I never use all of my leverage.

Hi again, Dustin. Did you approach trading stocks in the same way, while obviously honoring your original stop loss on the remaining shares you had?

It's not a coincidence that the Fed raised rates 75 basis points on Wednesday and the base rates increased by 75 basis points the next day. This surprises you?

Why 2 threads in 2 days with the exact same headline and opening question? I've been Trade Ideas for about 15 years to scan. Not giving criteria.

Years ago I read somewhere that our job as traders is to act. And doing nothing is an action. I used to have that written down and in front of me at all times. Now it's just ingrained in my head.

Because people are scared shitless and they are thinking about another 9/11 or another WW2, When shit hits the fan and you're desperate for a sandwich, what the fuck are you going to do with a gold bar? The ad's from William Defoe have pissed me off from the start.

Horrible trap to get into. Been there. Done that.

Thank you. I appreciate it. I've been at this a long time. But I also need to thank the old timers like Dustin, Lescor and Szeven for the inspiration. We all used to post in the old P/L threads at the same time, but they would always kick my ass. And that motivated me even more. I also...

No. No offense taken at all. I appreciate any input, and I understand what you meant. My head is just spinning right now. I'm just numb.

I just want to say thank you for all of the responses from so many members who I have respected so much (and gathered some nuggets of info) over the years. I didn't expect such a response from the rock stars on this board. I know I mentioned in my original post that the crash was a mile from...

I agree. I've avoided trading whimsically (Unlike many years ago). That's why I'm still in the game and doing well. But I think some (not you) have misconstrued my original intent when I started this thread. It was mainly directed toward anyone who is struggling with taking a loss, or many...