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Hope springs eternal in the human breast. Don't kid yourself. Successful traders are born, not made.

Your post is a head-scratcher. Sure, you posted some misinformed gibberish in this thread, but my reply was not about you. I don't know who you are. I'm not the shy type to address people indirectly, so I had to look at my post history to find the other thread you refer to that got you worked...

You mean veil, as in piercing the corporate veil. What about it? You seem clueless. I replied to this thread because there was erroneous information posted about the tax treatment of property transfers to an entity. I'm a retired tax attorney and I was in practice when the check-the-box regs...

Downsides include setup costs, increased compliance costs and complexity, substantially higher audit risk. (These are all upsides to the tax person whose services you will need.) Also you are triggering employment taxes in order to defer income tax on contributions to a retirement account. I am...

I take it you want to form a single-member LLC and make the election to have it taxed as an S-Corp. If this is the case, the transfer of equities to the LLC either before or after making the election is a non recognition event, i.e., not taxable at the time of the transfer. Now, whether this is...

Before the coding of tools, we used to calculate PRV in our heads. I thought I was clever doing it seven times per bar using quick math. It turned out others (including Jack) were doing the same seven intervals using the same quick math tricks. In the chat, someone would type it out in the room...

Well, cockadoodadoo, Ken. You made enough to buy some firecrackers for the Fourth. I like the emphatic "That's a pro example of pattern daytrading" in bold. LMAO

Trading is 100% mental and is unlike any other game, including gambling games, that we are familiar with. The markets are counterintuitive in many ways. They have to be in order to make losers out of most participants. People get into trading with preconceived notions that do not apply. In...

Ken, I understand why you would want those threads expunged but I do not recall reading a single defamatory post about you. Just because you don't like a post questioning your veracity does not make it defamatory. If anyone is skirting around the law, it is you with your deceptive claims about...

KISS

These little trades are to attract the fish to his real job. He's been bearish this entire run up and finally caught a giant move that should have made his quarter but he makes peanuts and is celebrating. Just keeping the estimated taxes small, right Ken? LMAO

An edge is simply the totality of all the things that allows me to make better overall decisions than the counterparties on the other side of my trades. The totality does not include superior technology, access to faster data, insider knowledge of fundamentals, advanced math skills, or personal...

You've been holding EUR/CAD for almost 13 hours, and it hasn't moved much. You said you got a signal, but not on daily bars. Are you monitoring this trade or is it a set-it-and-forget-it? I don't know how much a tick (a pip?) is worth. Leverage ain't everything.

Stock indices are good enough for me. Keeps trading simple. You wrote above that you scan 28 FX pairs daily, which seems like a manageable number. It reminded me of when I traded stocks and would scan various watchlists daily. It's extra work and besides that stocks are too slow intraday. I've...

I know nothing about forex but that is very puzzling.

This clarifies it a bit. It's been 9 hours in EUR/CAD without a whole lot of movement after your signal. Are you trading the daily bars? Stock index futures are moving great intraday. Highly recommend!

Six years into the game and it appears you are still a babe in the woods.

Curious why you are trading it if you already know this? In another thread you advised trading what is moving now and not specializing in one instrument. I have no clue about forex.

LOL, you wish. But I do see that I could have been more diplomatic in my reply to your post. Please accept my apology.

Are you naturally this stupid or did you have to work at it? Why not go the other way then: It's the same thing as doubling a $2 account or a 25 cent account.