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  1. comagnum

    Trump Gives Green Light To Keystone, Dakota Access Pipelines

    Trump makes direct profits of the pipeline - at the expense of endangering the water and environment. Pipelines often leak,last Dec only150 miles from the DPL protests a pipeline leaked 176,000 gallons of oil into a a creek. He is using his presidency to make the US a monopoly board for his own...
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    If SPY drops 34% intraday but recovers by market close, will SPXL bankrupt?

    I really doubt an ETF would go bankrupt under the scenario you presented because they are using the leverage from futures contracts. The 2X & 3 X ETFs did fine during the big flash crash we had back in 2010. Stocks and ETF's have price bands at several levels that will halt trading if the NMS...
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    Life of a trader

    My trading hero is the dude on this forum that drives a taxi while trading - that is hard core!
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    Report estimates 10K businesses left California over eight years

    My reply was regarding the which island in Hawaii is the best to live on. ___________________________________________________________________________ Let me take at a stab at this I lived on Oahu for over 15 years and through my work have spent a lot of time on Kauai, Big Island, Lanai, and...
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    Should I consider a prop firm? Or just trade my own funds? ($2 mil)

    Since you asked: I would put about 75% of the inheritance into real holdings. I second what Robert suggested about looking into managed futures as long as you start small and slowly ease in layering in a bit of money each month or quarter on the winners and trim down or exit the losers. IASG...
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    $3K Carry Loss Forward question

    The $3,000 carry forward for short term losses (less than a year) has no time limitations. It can be only be used to offset income and profits but you don't lose any of it for years you have no income. I now this for a fact because I have carried forward losses spanning 15 years and my CPA...
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    Report estimates 10K businesses left California over eight years

    The Big Island has the lowest land/home prices but there is a reason why it is cheap. Most transplants don't last more than 2 years than move- many people I knew that tried to live on the islands ended up moving to Florida and like it a lot - I was in Naples, Fl. recently - nice.
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    Report estimates 10K businesses left California over eight years

    Why Maui and not Kauai or the Big Island? Spent plenty of time on all the islands including have lived in Kailua/Oahu for many years. Native Hawaiian's call Maui nō ka ʻoi which means "Maui is the best". Most mainland transplants like Maui the most as far as living here. For sight seeing I...
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    Report estimates 10K businesses left California over eight years

    I moved out of San Francisco to Maui about 15 years ago. Loved all the energy, great food. music, etc of S.F. but after the surge of dot.com mob came in it was to crowded and expensive. Maui was and still is a major deal in comparison. I would probably have to pay nearly 15X to get a comparable...
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    Use Breakeven Trades in your Data Collection

    I don't put any value on win/loss ratio. Just like a retail store does not tally every single transaction and think in terms of win/loss ratio every time they ring up a purchase. Win/loss ratio has nothing to do with the bottom line, at least for swing traders anyway. I had one year where my...
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    Do you check the futures market after hours?

    I try not to watch the market any time of the day or night. Instead I do all my market work when the markets are closed and put my bracket orders in, During the week its just a matter of adjusting stops. The less involvement with a live market the better I do. Most of what I do feels more like...
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    "I was poor, then I became rich, then I was poor again"

    It seems like blowing up after being up big is all to common. Those that claw their way back up from blowing up often seem to go the distance. I blew up after thinking I was set for life - nothing worse than wearing a name tag at a lowly paying job to get a 3 digit paycheck every 2 weeks after...
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    Best Investment Book of All Time

    The best trading book, IMHO, is the one you create for yourself. Having said that - the original 'Market Wizards' & 'Diary of a Commodity' Trader gave me enough info to get up and running so that I could write my own trading plan & morph it into my trading book.
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    Switching careers

    Having your IT background along with your MS Finance should make you very marketable - especially for smaller firms that have no in house IT - if your willing to help them a bit with that also you can leverage that out to get in. You can do what ever you set your mind to. I left an IT related...
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    how to start futures trading (emini)

    I have come to realize that anyone wanting to day trade the ES with a small account has to go through their own learning curve. It usually takes a lot of pain and time for a trader before they hit their stride. No intervention can change this - even when you explain how they need to make at...
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    The Best Stocks during Trump's presidency

    My favorite trading moto I made up a long time ago is "when in doubt..... doubt"
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    The Best Stocks during Trump's presidency

    It seems like you're making the case that 'inflation' = 'good for economy'. Not sure I'm buying that. ____________________________________________________________________________ I am not an economist, I only presented historical statistics - without injecting my opinions about the economy.
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    I am looking for full time traders in Milan

    I spent some time in Intra, the outskirts of Milan. Beautiful place/people/food/views/art/coffee!
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    Why Is The Obvious Not So Obvious?

    For me the obvious is do the opposite of the crowd during times of high volatility marked by huge volume, extreme fear or greed, and big tails. Every new trader wants to follow the smart money - not me. I follow the dumb money, their foot prints have not changed over the last 100 years as seen...
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    The Best Stocks during Trump's presidency

    Here are the top 10% of stock sectors that moved up the first week after Trumps win. Biotech and pharma has been under pressure since than so you'll have to do your own DD.
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