Search results

Ouch. Thanks for the reply moonmist. Personally withholding 35% of my realized gains seems to be the safest option before it comes to hiring an accountant.

Hi, can someone in New York or informed about this state explain if and how futures trading is taxed by the state and the city (NYC)? The federal tax rate comes out to 23%, but what about the state and city? Thank you!!

that was really funny :)))))

Random question. This guy basically is the pioneer of candlestick trading in the West. So is there any info on whether this guy ever put his money where his mouth is and GAINED?

Don't pay attention to jinxao. Didn't I say they will start calling you crazy? Of course. Your personality has a lot to do with whether you will find success and happiness with a particular system. Are you outgoing and sociable? Or are you inclined to cozy up on the couch with a...

Another red flag. INTPs have been known to spontaneously jump out of a window and die when the price doesn't reach their target. There has long been a conspiracy to cover this up on many mainstream trading forums and one of their tactics is to label you a crackpot if you mention this. But the...

If you are blind in one eye and have an early stage cataract in another, or you have sudden attacks of the psyche where you urgently need to hide under the bed believing that the market makers are hunting for your stops, you might want to stick to long-term trading. This is well-known common...

I know there's no smoothest as there are no guarantees, but those who've been trading for quite a while will agree that the smoother the action is, the more profit they reap. It could be stocks, futures, forex... anything. It can also be ticks, volume, or time charts. Please share/

I want to see some knowledgeable posters (hey, Martin :-)) provide their opinion on my comment.

Which world have you been living in during the past 50 years? Major innovation in technology DOES come from "whites". Look at almost any innovative capital equipment supplier, and you will find it originates either in Europe (mostly Germany and France) or the good ol' USA. Take LED technology...

oldtime, I think they view it as a negative thing because falling housing prices indicate low demand and therefore a bad economy.

But aren't you confusing wealth with money? Money is not wealth. Wealth is produce - things made by humans, land, minerals, etc. What is a million $$$ worth if there is nothing to buy, nothing to spend it on? Wealth is production/creation, and in order to ramp up production and therefore...

Hahahaha so true!!!

Also, this article on Yahoo stated that Bernanke will buy long-term bonds, thereby pushing rates down. Did they mean to say yields? How can Ben buying bonds push down the coupon on a bond?

I guess I know the reasons for this, but I also want opinions from knowledgeable people. 1970 --- average house cost 25K. Average income --- 10K. 2000-2010 --- average house costs 300K. Average income --- 35K. What went wrong? http://www2.census.gov/prod2/popscan/p60-080.pdf...

this made my day :D

it is him... "son of a retired senior United Nations executive" http://www.dailymail.co.uk/news/article-2037632/Kweku-Adoboli-UBS-trader-arrested-London-running-1-3bn-losses.html#ixzz1Y5I9l0bt

The truest words spoken in the history of ET :D If a wife sleeps with another man, should her husband kill the man or the wife? Well, it is the wife who is a sell-out whore, so logically she is the one at fault. If it wasn't that man, it could've been another, or another, or another...

Thanks for the laugh guys! It took me quite a while to acknowledge that some of you seriously thought I was defending communism (Soviet or other) in some way. I wasn't. I was pointing out what seemed to me a contradiction between proclaimed economic systems and the realities on the streets...

That's too simple for him, IMO. You should throw in there a couple more abbreviations and market slang.