stopped 2nd half, +3 for trade
now stuck in short from 36.75; ignore for journal (wish I could ignore) sl 44.5 only because AH is in play. Target adjusted up to 33.25... possible, but lousy r/r... :cool:
Yes it's fair. Most millionaires keeping money in banks do just what you said. They verify the account insurance and they keep separate accounts. The rest is in real estate, brokerage accounts, and other hard assets. Millionaire's figure this out quickly and it's not much of a problem.
Correct. I trade my IRA account, no leverage allowed, cash only. I "spend" full $2,000 buying $2,000 worth of stock or ETF. No leverage allowed before, no leverage rules apply. I win/earn what I earn and I lose what I lose, period. Not too difficult. :cool:
Umm, I'm thinking the "plenty of consumers" you reference are going to have a hard time shouldering the burden of the "The bottom 15%" as that group grows in numbers to 25-30%. Maybe it is doom and gloom, but I see the 15% dramatically increasing in numbers and the other group falling. Simple...
Stay away from UNG unless you know how to play it with GAZ and how long that will last ??? :confused:
Having said that, look at this article, brief but helpful:
http://www.thestreet.com/story/10592616/2/a-natural-gas-etf-to-play-contango.html
Confused... :confused: I thought the market simply moves based on TA then the financial reporters write their stories using select news to "explain" these moves. :D
In 1999 I had a good job received raises annually with a solid pension. My neighbors were building their home (next door) and my neighbors (other side) had a second home in the mountains.
2009 I'm still with the same company and moved up several rungs so I did OK, but this aint 1999. I no...