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Republican party is nothing electorally without evangelicals. There is a reason republicans sold their soul (how ironic) to enangelicals. All you have to do is say I believe abortion is immoral and we need to protect the sanctity of marriage and you have drones of guaranteed votes. Romney was...

What a fool! How about you go into trading because you realize that working for someone is a very bad plan long term because of a)globalization b)health care costs c)possibility of living paycheck to paycheck or with very limited disposable income EVEN if you get an engineering or law or...

Very simple. I track a group of stocks (no more than 20-30)expecting them to produce certain formations. Once they confirm expected behavior (beginning perceived trend reversal) I go in at a predetermined point and have a predetermined exit point. Then I track what happens to them (but not the...

Depends on starting capital. I don't have a lot of money to trade (usually like 1 grand at the beginning of the month from the previous month) and I have to create something out of nothing and make money to cover my living expenses and live another day. That situation creates a lot of stress. If...

No way would I zero out an account with futures. If I can stay afloat trading only puts with 1 month to expiration or less futures don't scare me one bit. Chart patterns don't change profit potential changes. It is awful to go from potentially making 3000% profit a trade to something like 80% tops.

It is not my fault 416.50 on the chart does not mean 416.50 dollars. Out of all mistakes this one is essentially harmless. I am used to normal 1 to 1 correspondence between price quote and actual price in dollars. All this proves is that options trump all in profit potential though they are...

Newbie in futures only. Quite experienced in stocks/options.

Dude there is no need for smack talk. I thought that I could make really easy money it turned out my profit calculations were off. The most I can hope for is make 300%-500% in a week or 2 with options. I really wanted to find a trading instrument where being "right" is rewarded more than 3 -...

This is getting confusing. When I say "Corn" or "Sugar" I don't mean the underlying commodity but the amount of money to enter into contract. I don't give a **** about the underlying commodity just the profit potential. On my chart the scale on the right bears $ sign. Which means when I say...

FYI there are different contracts. Here is one.

Bushels for corn lbs for sugar. Who gives a damn really? Mini corn right now is at 416.250. Is it so unrealistic for it to move 10 dollars either way? this is not like a 90% move but less than 10% move.

Wasting trillions on Iraq is not the war going well. Iraq war cannot be "won". The amount of men and material and money wasted on this pointless endeavour precludes the word "victory" from being used with it.

I find it very telling this thread has few replies. I guess day trading has some "mystique" to people. In 2-3 months I intend to show the complete and total superiority of positional traders vs day traders (in futures in particular)

I know that, I remember how Friedman was so excited about Iraq "changing the dynamic" in the Middle East and how the road to Jerusalem runs through Baghdad or some other crap like that.

I will never forget how that bitch Maureen Dowd was so cute about cheerleading for the Iraq war saying how Saddam stood no chance and then turned into a fierce bush criticizer. It is so chique now to be anti bush and anti war people like Bill Maher (who used to be 100% pro bush during...

Conservative talk radio and fox news succeed because they present a very simple view of the world that appeals to low brows. For example: a)US is the greatest country in the world and anyone who criticizes it hates america. b)cut taxes and prosperity will overflow c) "freedom and...

Honestly I would rather be right by 1! dollar on Sugar... At 112,000 lbs per contract when that baby gets adjusted one can smile. And only like 1300 to enter into that futures contract.

I see a lot of people here like to day trade index futures. Is not there a lot more profit potential in metals or grains or etc.? For example, if I understand it right a mini corn contract is valued at 1,000 lbs so if you get into a position one day and it closes 10 dollars in your favor you...

I shop at publix not work there. My "work" goes from 9:30am to 4:30pm ET (and soon 7pm-2:45pm ET)

Unless you are a day trader you don't have to be watching level II all day.