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IMO the healthcare bill has a fatal flaw: it will create adverse selection hell. For example, people are required to buy government approved insurance or pay a fine. This will create an incentive for healthy people to buy the cheapest possible government approved health insurance (or pay a...

Both. I don't think the YM is worth it anymore. I'm transitioning to the TF due to more action and better liquidity. Will save some money on commissions as well.

I used to be a big YM fan but that was when volatility was alot higher. IMO the YM needs an overhaul. Lower margins that is more on par with the volatility situation and with other contracts. IMO the tick value should also be upped to $10. I know there is already a $10 dow but its illiquid...

Can you say scammer? The trading results are outright fabricated. The domain was just created on 02-mar-2010 but the website lists fraudulent trading results going back to 2009. Blatant scam.

There are so many people attracted to the markets by the lure of easy money. They think they can get rich quick by trading. You can get rich in an accelerated manner by trading, but it will still likely take years of hard work. Trading isn't a get rich quick, those still at this game years later...

Was long 4 lots NG futures @ 2.50 as a bottom picking trade. Meant to hold onto it for a couple days but actually ended up selling it for a few ticks loss. NG went up to $4 within days after that. Could've made 60k, not bad for a small account.

Blowup? I'd consider -25% trading futures to be a blowup. Losing -95% is actually hard to do trading futures due to margin calls. Once your basis goes below you maintenance margin you get liquidated unless you post collateral. These guys were doing something seriously wrong and it had nothing to...

There are some realtors that will work for an hourly rate and take no commission. They might be a good option if you expect your house to sell quickly or have a particularly expensive piece of real estate to sell.

Got lucky being short near the close.

Penson is so cheap not to send out paper statements once a year. I don't know how much money they think they save by pulling a stunt like this. It caused me alot of aggravation trying to do my taxes this year without my paper 1099 from penson. It makes me lose all kinds of confidence if they...

Insane day in CL, almost chernobyled my account. Calling it a day.

Whenever I make a little money trading futures, I am brought back to reality promptly. There goes my 700 dollars I made the last 2 days!

How about this: Instead of trading your own account full time, set up a proprietary trading company. It won't cost much and you can have you own LLC. That way, if you are any good you can expand beyond trading your own account. It increases the possible ways you can make money vastly. You can...

This jobs situation is no joke. There are so many people on the edge right now its ridiculous. The sentiment out there is what's really poison. People are downtrodden, entrepreneurs are just looking to survive and not invest. There is something like 20 unemployed for every job opening. My sister...

So Arthur, did you end up making any real money? :confused:

You don't have any real trading experience. Nobody will hire you to execute trades because of the probability their "free" hire will get "expensive"... fast. Be honest with yourself. Even if you did have extensive personal trading experience and a history of profitability, funds aren't...

http://www.maui.net/~mauiben/12910.swf Is there a point to this? :confused:

I didnt know you could get filled sub penny on CL. I though that was only going on in stock fills. Do you have more info on this?

I think voters are more than willing to vote for true reformers. The real lacking isn't voter intelligence, but true reformers running for office. Too many candidates are career politicians, power seekers, constitution ignorant, etc. The system is set up so that even if all the candidates suck...

If it passes I wont know wether to laugh or cry. Congress should make a law against making new laws.