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I've been filing as a professional trader in Canada for over 14 years. My advice would be of course to get a good accountant. I have been filing as a non-incorporated business. You get to deduct what you want like a business but you don't get to defer your income. I'm not sure what the...

It seems to me that it is the price CHANGES that are inversely correlated between the dollar and asset prices. It is not the low VALUE of the US dollar. This means that the dollar must continue to weaken for the markets to continue to rise. It's not like the dollar is dropping to some magic...

Also the defining characteristic of most losing traders...

Echo allows corporate accounts?

If im not mistaken, to this day he does not think that those prices were bubble prices. Even after the pop. He is trying to get prices back up there.

This market reminds me of a stock thats been taken over and is now just slowly drifting towards the final buyout price. Thats what happens when you take the risk out of a market. It looks like an M&A risk arb.

So why are all exporting nations stock markets soaring despite having skyrocketing currencies vs the USD?

The main error people are making is that a low US dollar value is good for the economy. It should be very clear that it is not the value of the dollar that matters, but the direction. A DECLINING dollar is what makes things look good. It's not like we will reach a certain level and start...

If the scam is debase the currency then they have plenty of room left. The ratio of 3:1 still holds pretty well. I figure when the dollar gets to its lows at 72 things will get hairy. Nobody wants a collapsing dollar. Thats 4% lower from here. Thats another 12% higher repricing of the market...

Ya maybe we can ask the newly appointed ex-Goldman(or still) COO of the Sec to help us out.

He'll just say what he always says. That a strong dollar is in the best interests of our country, and that restoring stability and confidence in our financial markets will ensure the long term strength of our currency....Bla bla bla, market up, dollar down, bla bla bla.

So my grandmother is getting slaughtered? Everyone not long stocks is getting slaughtered? Does that sound like a healthy thing to you?

dude, It doesn't matter what people believe. People don't move markets, govnt does. Either way, they had a speed bump when they had to "value" their assets. Trillions later and some accounting changes and presto, the game can continue. Nothing to stand in its way now. Just buy stocks.

All this stuff may be laughable but it doesn't change the fact that the market can only go up now. Its engineered that way. All this money printing and phony accounting. It maybe make believe but it is what it is. The only glitch in their plan IMO is the dollar. And its still not under the...

The trader makes 10% BECAUSE he has 50% drawdowns. Strategies that rely on very high win % and huge stops are scary IMO since there is a streak of megalosers always lurking in the darkness beyond all expectations. It may take a week, a year, 10 years till its gone in one trade.. Don't mistake...

Whats scary is how fast the dollar is dropping now. Not gooooooddd..

Short and wake up hearing something like consumer confidence in kazakhstan is up and watch the market rally 3% again? How many banks are left to upgrade each other? How many high profile people left to say the recession is over? Can they say it twice? Those are all good for 2-3% moves. Its a...

The real question I ask myself is, what will be the next catalyst for a move down? Mark to market is over so they don't ever have to take their losses. Huge losses transferred from the banks to the taxpayers. Virtually unlimited cash guarantees from the fed. Anytime they will do poorly the...

How can you say that when this whole problem was created by inflation in the first place? This so called "headline" inflation thats apparently not important is what drove us into a recession.