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Well if you put it like that combined tax bracket including everything is more than in US. But what about the good parts, healthcare till 18 is free for everyone, basic dental care is free until 22.. I don't know how much you pay for healthcare in the US but the stories I heard were not very...

I'm not trying to be racist, but in my country muslims are 10% of population but 40-50% of people in jail are muslim. It's just not normal. I have seen enough Muslims who aren't criminal, I really think it's their culture that keeps them back. The same reason why Muslim countries rarely win...

The country I live in Europe has less income taxes than US, sure we have 20% sales tax which US does not, but income taxes are less then in US. Also we don't have capital gains tax. US spends too much, it spends more than european countries because of NASA, 2 wars and socialism for the rich...

well the speculators DID cause the bubble.. they just blaming the wrong speculators, remember GS talking oil $200 at the top?

If $50k/year is enough for you why not go to college. College is less effort than trading and you might even make double like $100k a year with experience in some job fields like lawyers.

:p LOL believe that bolimomo, just believe it, makes it easier forthe rest of us :cool:

capital is a big problem it was just an example. You realize you have to make over $1000 a trading day just to make the same amount of money that somebody who just went to regular college made? It means you have to make $2000-$5000 every trading day just to start getting rich at all...

Are you for real? If you have french passports they can't withhold you benefits you know. In fact it is usually the foreign minorities that abuse the benefits system in Europe.

Wow Sandy thats tough. How much money do you make caddying? I live in Europe, pay €130 a month for university, €30 a month (€80 but get €50 refund from government) for healthcare which includes dental up to €250 coverage a year and €10 for mobile phone subscription. Total...

If you want to trade for a living and you're 18 you have to think. What are the wages when you go to college? Fresh out of college a doctor/technician can earn 80k a year.. and with experience maybe 160k a year. When you transform that to trading it means you have to make $400-800 a...

You only have 250 trading days a year. Realistically 50 days will be non-trading days offering chop and no setup. So 200 days are left. Let's say you can earn $50k/year in a factory job or being a teacher. To make the same amount trading you need to make $250 for every day that you...

IB's introduce customers to FCM

i thought arbitrage was the cause of LTCm blow-up, so it's not riskless. Also why does citigroup have a hedge fund?

It is inevitable. We go up before we drop. I don't believe anymore in a blowoff top after this rally. Who's with me? :p P.S. I have already seen that various bloggers that previously bearish and underwater short around 800 are doing a complete turnaround and starting get bullish. This...

The republicans drove the USA into the ground. It began with reagan. RIP USA :(

people are selling ALOT of calls. This pushes down the price of calls. Market makers who are long calls are then to hedge themselves with puts. This pushes down the price of puts. When a move in a direction is clear, the vix will drop! 90% of market participants is now short.

Facing 1937 or a variant like that (aka sliding off into a 3rd world country unemployment) is inevitable in the USA, stimulus or no stimulus. Prepare or perish! You all know I am telling the truth :)

You don't have to become a trader to become a millionaire.. there are better ways to do it. Run a hot-dog stand! :p http://www.hotdogcartprofits.com Earning $300-$500 a day has never been more easy! :D

http://www.elitetrader.com/vb/showthread.php?threadid=121933

Writing options is like creating counterfeit stocks out of thin air. The option there-after exists, but if the original writer buys it back the option is then neutralised. And net neutral like the futures. Therefore I agree with your statement. Do you have an options blog?