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  1. J

    Jobs for the Village Idiot

    All Hail Barock-o Obziii :D One less idiot has left the building... The "Bush" was trimmed so to speak <:D But this is 1/2 chance of failure, and since both political parties are still corporate cheer leaders, the USA could end up as.....EPIC FAIL. Meaning, pack your bags, time to...
  2. J

    I'm confused the more charts I look at

    Use Think or Swim's Prophet charts... Set them up as a 60 day 10min chart... Use 500 SMA with a 5-10 SMA... Keep is ultra simple. 1 time frame is good enough, AS long as it's NOT 1 min-5 min (way to short, unless u are scalping). I am swinging the FX market and I find 10min 60...
  3. J

    3 MA Crossover Trading

    That's where you need to be a little, "creative" ...In other words, fudge a bit... 1. Either stay on till protective stops are hit/next signal comes... (I FAVOR this way because then you only miss out on taking profit on itty bitty trades, I want to catch the full 300-2,000 pips :D) b...
  4. J

    who can tell me?

    What the hell dude. LMAO :D
  5. J

    More Risky: Small Business Owner or Trader

    I guess I would say it's about the same risk, depending on what your business is IN. I have a tax preparation company, and our family has been in the business since 1946 and it's been profitable every single year. The less labor and expenses the easier it is to be profitable.
  6. J

    Throwing in the towel before I even traded 1 share

    The OP is a pussy cat... Sorry bro, but if you've got a good work history, degrees, and skills then you have the perfect back up plan. If you got the money... If you got the appetite for taking a risk... Then you SHOULD trade. If you don't feel compelled, then don't. There are...
  7. J

    More Risky: Small Business Owner or Trader

    Trading itself isn't a business I own a "trading business" and a REAL business... One provides a service to a demand, or a need. Trading is merely a boxing match. Yes boxing can be a business, betting on the winner. . . And trading can be approached in the SAME WAY as a business (which...
  8. J

    Are you living the "good life" with $10 million?

    I'm content with my cracker-box apt :D Do the REAL traders live it up big? Yes, some...but many not so much. 10 million is more than enough to live off of. Come on. Do you REALLY need the new yacht or 16 lambos in the historic 15mil$ mansion? Nahhhh. Even 1 million is the good life...
  9. J

    How many of you promised to stop trading and get a real job in 2009?

    I operate a business to keep the rent paid :D trading on the side...big swing trades...lot's of waiting...boring... Maybe in 09 we can all cash in, in some form or another...be it trading or starting a profitable business... And yes, NOBODY should have to go to work for corporate USA!
  10. J

    CEO of LIZ now takes subway to the airport and crams into economy

    Lol rich b*tch. Subway is better and safer then a bicycle through the city streets! :D but I would rather bike it.
  11. J

    high flying madoff--PHOTOS--Lifestyles-- BILLIONAIRE

    And what a pimp he was... But now he's just a felon, and hopefully gets the proper "treatment" by a big buff black guy in prison :D his butt gon be sore I reckon :P Or is he going to have house arrest for 15 yrs? That's too easy!:eek:
  12. J

    3 MA Crossover Trading

    I use a 500 sma on 15min charts. scalps with a 50 ema on 5min charts. price crosses above - buy cross below - sell that's it.
  13. J

    3 MA Crossover Trading

    Just use 1 at a time. If you follow it every single time after over sold or over bought conditions, you're bound to hit a couple of good trades.
  14. J

    No one on EliteTrader will beat the market… here is why

    Not everyone can be a winner in this game... But is it very possible to bring home 2-10k a month? sure. But then we reach that target and we want 1k per day...pretty soon we're trying wayyy to hard...and trading SHOULD be effortless, right? Every trader here is beating the market :D...
  15. J

    Part Time Jobs for Traders

    my commercial software saves last year's data as well...I also have 30x as many forms as turbo tax for many kinds of returns.. oh and did I mention, taxes and the US will grow more complex? The probability of taxes becoming less burdensome is very low...:cool:
  16. J

    Part Time Jobs for Traders

    Haha well Sandy, I am a tax pro, and I do not use pencil and paper :) we use a wonderful piece of software that does 90% of the work! So essentially, it's almost identical...except that us preparers can find other credits, write offs, etc for the tax payer (usually!). Also, turbo tax is no...
  17. J

    Madoff: Living proof all traders lose money?

    One person can not represent the whole of a group. Madoff didn't even trade, he just ponzied money and pawned it off to pay the last dude back. I bet he would have done awesome if he had bought stocks in the early 90's and just sat on them! Big greedy bastard! :D
  18. J

    How is everyone doing this year?

    Down -80% :D Sold all longs back in jan-may and took a bashing... Started trading technicals and charts, and the blood loss has stopped *phew* Still not a good situation to be in.
  19. J

    Part Time Jobs for Traders

    There are only 2 guarantees in life: Death and Taxes :D and how do you make money off taxes? Learn them and open a business that does tax preparation! I've got over 300 clients, who dish out 40-75$ per hour of my work...My only competitor is H&R Block! Imagine 1000 customers...
  20. J

    high frequency stock trading tax optimization

    Send your taxes to me sir, I am a tax accountant. My family has been in the business since 1946! :D
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