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    We are the 1%; We stand with the 99%

    if they were really all that wealthy they wouldn't be scrawling on cardboard like a homeless person.
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    my 1st protege

    10-Oct 254 0.35 biggest winner so far today- too bad 1/2 of it was from not hedging himself properly and being a bit overly short zb for a few minutes where zb dropped before realizing the improper hedging. that being said he also had a mistake before that that was a penalizing one that...
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    Reducing Size after Extreme Profitability

    i view 5% as a puke point or the point at which i throw in the towel if i'm down that much on any given day. i increase my puke point's size every time i reach a new high p&l by a puke point. (ie if my account was 20k and i was risking 1k / day, once i grew the account to 21k i'd then risk...
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    Bank Transfer Day - Brilliant

    you missed nothing- the worthless sect of society has decided that not paying taxes and getting free police and fire department coverage as well as national defense and unemployment checks mailed to them isn't enough. i pitty the fool that lives their life to protest occupy wallstreet =...
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    Is Trading Just Guessing?

    scalping = amateur guessing spread trading = pro no longer guessing spreading of spreads = l3g1t trading although i'm a discretionary spreader of spreads so i'm sure some out there will call that amateurish because i use my brain and not a list of bullet points to initiate.
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    ZeroHedge:IMF ADVISOR - We Will Have A Global Financial Meltdown In 2 - 3 Weeks

    for all those attacking ZH for being filled with perma bear articles... welcome to a cyclical bear market, they should be your sole source of news from now on if you want to make money. although i hope you don't, because it is immoral to allow a fool to keep his money and i'll be sitting...
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    my 1st protege

    here are my results for the year so far: 3.35 jan 6.36 feb 4.84 mar 1.52 apr 0.24 may -6.23 jun 3.17 jul 7.68 aug 0.58 sep 4.90 oct my bad sep though was due to shooting myself in the foot twice- i passively take my loss at -1 dvar and aggressively take my loss -2 dvar (so maybe...
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    What is RICH?

    my goal is 10 mil cash, 10,000 oz silver, 1,000 oz gold physical and already having your house / cars w/no debt. so all in all value would probably be closer to 14-15 mil. that's what i'm shooting for.
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    Get rid of all taxpayer services, 100% capitalism.

    i'd support all of that but i do think there could be like a 2% sales tax that only goes towards military for NATIONAL DEFENSE, nothing abroad unless we are fighting a real war, and maintaining national highways. and you don't have to die in all those bad situations, you just need to have a...
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    my 1st protege

    first good question all thread :) i think that's safe to assume was the case, and he never violated that risk parameter oct 6 82 -0.17, back to 0.33 for the month- just got stuck in ty's today, they were so weak and the fy so strong it makes me think that we were either covering everything...
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    my 1st protege

    5-Oct 98 0.17, .5 dvar on the month so far the story of my guys life is not being aggressive enough. he did have a misclick that cost him about .1 though and had he not done that (but you gotta learn that somehow i mean this is really still just starting off for him and on xtrader w/point...
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    Buffet was wrong has now lost millions!

    a lot of the most influential and richest investors in the 20's and 30's went broke trying to call a bottom as well. it'll be interesting to see what people think of buffet once the dow breaks through 5k. i wonder if all those puts he sold will break berkshire- that's the real question.
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    my 1st protege

    4-Oct 61 0.08 only 1 position today but i told him to be careful today and just watch mainly since it was the first time he's seen us break down through a level that has a lot of support. was bad advice as all you had to do to make money today was click- but a good learning experience...
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    Occupy Wall Street

    and here i thought the little guy lied on his application about his income and got to live in a palace for a couple years after he stopped paying any mortgages, and is now complaining that since the papers weren't signed properly he should be able to live in the house for another couple of years...
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    Do Tax Holidays help create jobs?

    where is the "yes they help." option without any caveats? that's what i would have checked. as is the companies keep billions of dollars of profit they made overseas overseas because if they brought them home they'd have to pay taxes again at the highest corporate tax rate in the world (once...
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    my 1st protege

    actually i don't think i answered that clearly: dvar = daily value at risk, or the point at which you'd throw in the towel on any given day and quit for the day. profit in dvar = profit/dvar to tell you what fraction of your dvar you made that day
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    Gold & Silver Setting up for an Attractive New Entry Point

    is that a straddle you are recommending?
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    my 1st protege

    dvar = daily value at risk, it's calculated by: p&l / stop loss with this trading style positions are all stopped out when the daily p&l loss limit is reached, whether by 1 terrible trade or 10 small losing positions that added up to the limit. if the positions were never good, we get flat...
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    my 1st protege

    well i didn't realize his seat lease didn't kick in right away, so his p&l last month was closer to 315$ instead of what i posted before, but that being said on to posting performance in pp's! date vol p&l in dvar 10-3 124 0.25 glad to see a +.25 or greater day here, hopefully these...
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