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    How can someone blow up in day trading?

    my point is when you blow up , it is not because of your skills, but rather you don't follow simple rules.
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    How can someone blow up in day trading?

    what I meant is you some some win and some lose, on average, you win 50% trades and lose 50%. all you lose is commission assuming wining and losing same number of ticks
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    How can someone blow up in day trading?

    I think your point is when you lose, you lose bigger amount than when trade is good. However you can set up stop loss level in a such way to minimize such risk.
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    How can someone blow up in day trading?

    I never said it is easy to make money. I am just saying it is not easy to lose money either.
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    How can someone blow up in day trading?

    Can you elaborate more on what you said? I am talking about day trading and every trade is intended to make 2-3 ticks. stop is also 2-3 ticks.
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    How can someone blow up in day trading?

    If you follow very simple rules, there is no way you can blow up. Let's say once you enter the trade, you put stop loss and exit. let's say you have some TA chart, which doesn't work at all. it means that you have 50% chance of winning in every trade. All you lose is commission. if you...
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    It Is Now Mathematically Impossible To Pay Off The U.S. National Debt

    Assume all you said is true. the question you asked is wrong one. why government needs to collect all money from banks to pay off debt? No , it doesn't. Let's say government collects high tax revenue and gets 1T $ surplus every year, it can just pay down debt slowly. after 10+ years, all debt...
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    why I think too big to fail is nonsense?

    Let's acknowledge that US financial system was on the brink of collapse. Fed Government stepped in with massive bail out programs. The rest is history. What if Government did nothing? To be sure Goldman Sacks stock would be trade in single digit and all major banks would fail. Is that a bad...
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    is this a good deal?

    I know I have myself to blame for the blowup. My point is because of small account size, you are FORCED to use large leverage (there is no 0.1 contract to trade ), when market move against you, u are not able to hold on the position. That is main reason why most small futures account get...
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    is this a good deal?

    Long story short: I have been trading Euro Dollar Futures and US Tsy futures for a while. Main strategies involved :Yield curve and ED spread trading. I started 10k from Jan and blew up after it reached 30k. The main reason is the account size is just two small to do meaning ful curve trading...
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