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This is actually great trading right now. I wish the market would stay in this range forever -- buy the dips, sell the rallies. It doesn't get any easier.

Good luck getting executed. If you find yourself in a counter-trend trade on these and you need to get out with a limit order your basically phucked. And then AD phucking M will come in a move the beast light years from your exit. Great instruments if you find yourself on the right side though :D

Even with Wall Street in shambles the US is still the financial capital of the world. If the US wants to get tossed of this thrown they will pass the transaction tax. Interpretation: Highly unlikely.

Seroquel

SVA

Averaging has its place. Averaging against a strong trend is suicide, averaging into a drop like we had yesterday is an extremely effective trading plan. Scaling, averaging, martingaling, and stops all have their place. None is any worse than the other but you can't use one method on...

I bought Kaplan's book. There are a lot of mistakes in the book but it was good enough nonetheless. There are a bunch of questions on hedging and regulation. The hedging questions you can get down cold through repitition but you may find the regulation questions challenging because they bring...

Hmmmm, wonder if the audit rate will go up?

Marc, I hope you make to your $1M goal. I just looked at your equity curve and I can see why you've tossed 30-50k in one day. You're taking on a massive amount of risk. I've done exactly what you're doing and I've always gotten stung. You're doing the right thing by wiring funds out. Rock...

Buffett is not in GS preferred 115. He wrote them a check for $5B at 10% with warrants attached that give him the right but not the obligation to buy GS's stock at a strike of 115 over the next 5 years. The deal is this....Buffett gets 10% unless GS defaults and has the option to buy the stock...

http://www.fedupusa.info/Dylan_Ratigan_Interview

You have that a little backwards. Wall Street appointed Obama. Why on earth would McCain pick an eye-winking, joke-telling, no-name governor from a remote state like Alaska? And why would Charlie Gibson interview her with his glasses sitting on the bridge of his nose and look down on her like...

Don't forget about the inflationary cost that is coming down the road all while GS's stock will be well north of $200.

Drop 5-10k in a $500 margin futures account and you instantly get 50:1 leverage. Even higher if you compare $500 margins to the like's of IB's $6188 (or whatever it is).

Perhaps you need to increase the Seroquel?

The primary reason I chose trading is because I couldn't see myself working "for the man" for the rest of my life. I wanted independence and I wanted to be self-employed. I've enjoyed a good career in this business but I'll be the first to tell you it's going to break your heart. Knowing what...

Why are people so quick to label someone as "racist" when all they do is state facts? All this guy did was state a set of facts and you are calling him a racist. What that really does is make you look ignorant. There's a big difference between racist opinion and actual facts.

Here comes that childish behavior again :mad:

Or The Last King of Scotland, or Hotel Rwanda.

Trader, Brandonf is exactly right. Go back and study how Hitler came to power, and compare the similarities of that period to the similarities of now. There is a striking resemblence between now and then. And while you're at it, do a little researach on Rahm Emanuel's Civil Service plan and...