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  1. K

    If you could go back in time to when you were a new trader

    well, it would be more funny if it wasn't that true I don't place that much stock in guessing what it is going to do but if you are my boss, and you give me some money, and tell me, "Only trade from the short side" I can make you some money maybe not as much as if I was long, but I can...
  2. K

    Now I know why righties are so deluded about global warming

    I think it has little to do with science, it's more a suspicion when all the anti business communists start piling on and exaggerating George Bush the First, was the first major politician to stand up and declare himself publicly to be "An Enviromentalist" and back then, they were all...
  3. K

    What is your take on Daniel Kahneman's theory? Happiness is not more than 60-75k/year

    yes, when I got divorced, I met a very liberal girlfriend. She was the first person I ever met who challenged my idea, that a good economy was the solution to all problems. That, as you say, simply giving someone 75k/year meant nothing. In her mind, people weren't happy unless they were growing...
  4. K

    If you could go back in time to when you were a new trader

    after I make a lot of money on the long side, I figure it is probably time to go short
  5. K

    New York Times turns on Obamacare

    it's what they call an "edge" you figure out how to work the system so it pays off for you and for entertainment you can go to ET and read posts from grumpy old men who complain, "You are not doing it right!"
  6. K

    Where CORN is going?

    as for me and my family, we'll never go short corn, wheat, beans, or for that matter crude as long as we live.
  7. K

    New York Times turns on Obamacare

    thanks for that. Most of your posts are depressing "there is no hope" crap but that one is actually quite inspiring kind of gives you the feeling of what it must have been like being European and moving to the wild west of America Only now, America is old and stodgy, and China is a land...
  8. K

    What is your take on Daniel Kahneman's theory? Happiness is not more than 60-75k/year

    when we started out, my wife got $25/week grocery money, and it took every penny of that to keep us fed. She got old and depressed very fast. Day after day, a little older, a little sadder. then I got a raise Now it was $35/week, and she became the happiest woman you would ever want to...
  9. K

    What is your take on Daniel Kahneman's theory? Happiness is not more than 60-75k/year

    money is like vitamins everybody needs a certain minimum amount but more will not make you healthier
  10. K

    New York Times turns on Obamacare

    I guess what bothers me most, is when the good old USA starts looking more and more like the Soviet Union. People standing in lines, filing out endless paperwork, everything in the hands of some bureaucrat, nobody directly accountable for anything, need a government connection to get ahead.
  11. K

    New York Times turns on Obamacare

    the people I know and trust tell me, eventually it will work, and become just another thing like social security and medicare people will like it, even love it, but it will be just one more noose around the neck of the American economy I'm about over this "Chicken Little" the sky is...
  12. K

    IRA question

    when I first started trading, I spent all weekend studying charts and reading books written by other traders. Come tax time, I spent all weekend reading just about everything the IRS published to see if I could some how eek out another $100 or so. that little 1402 "gem" of yours is about...
  13. K

    If you could go back in time to when you were a new trader

    well first of all, I don't "expect" a trade to do anything
  14. K

    If you could go back in time to when you were a new trader

    ok, thanks for the advice I'll remember that next time the market moves against me I don't know who you think you are fooling, but you aint fooling us
  15. K

    Already 17 Times More Coverage on Christie Scandal Than in Last Six Months of IRS

    two topics 1. the media 2. the government #1 I assume nobody takes the media seriously anymore #2 I don't want to turn this country over to my children with a Chris Christie vindictive government in control go ahead and tell me the democrats do the same thing that makes you...
  16. K

    If you could go back in time to when you were a new trader

    no kidding, I have the perfect way to fail you start out flat, of sound mind and body, you paper trade and determine you have a viable strat and you determine that it should periodically have a 30% or more drawdown you put it on live and the first time you hit your predetermined...
  17. K

    If you could go back in time to when you were a new trader

    you may well be right there's been plenty of days when I ended up with my head in my hands bemoaning "Goddamn, I wish I was the broker instead of the customer."
  18. K

    Tax Benefits of Starting a LLC or Corp for Retail Trader

    otherwise dream on about the day when you actually have a tax problem
  19. K

    Tax Benefits of Starting a LLC or Corp for Retail Trader

    if you just want to write off your trading expenses, all you need to do is file as a professional trader, and file a sched C.
  20. K

    Tax Benefits of Starting a LLC or Corp for Retail Trader

    what rosy means is, if your account gets large and you accidently spill some industrial waste on your neighbor's lawn, he can only come after you for what you have in your personal account. If your trading account is in a LLC, it will be protected.
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