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Are u retarded? I just addressed that. Use a 2.5 r/r then, it is still a $500/day avg (OP of the thread). NO ONE gives a fuck if their return is low, just that they get paid. You are also assuming that everything remains static throughout the year. If u are averaging 500 a day, u will...

Your obviously still don't get the fucking point, so save your arrogance for someone ignorant. Maybe it is because I didn't explain it cleary, but I don't think so. The 5:1 r/r that you deem so unachievable is not necessarily the case, what don't u understand about "10% on BP was an arbitrary...

Nah I didn't forget anything, you are assuming that u are fully leveraged on each trade for a 2% dd to blow u out, but I didn't say or imply that. You scale your size according to what is in your acct, so if are drawing down, you size down and size up as u are making (water marks). There...

That is how prop firms work (basically), so what exactly do u not understand? BTW risk has more to do with strategy than leverage, read my post before last to get an idea of what I'm talking about.

You aren't comprehending the leverage. I can't speak for futures but if u trade stocks at a prop, 50k will get u like 2 to 2.5 mil in BP. I think everyone can agree that 10%/year is not unbelievable in any way, so YOUR 50k is now 250k. So really who gives a shit what % they make a year...

I mostly agree with you but you are overlooking strategy. While your account size ultimately determines how much risk u can take, hedged or net neutral strategies (intraday) allow you much more $ exposure while minimizing risk. Obviously a single, unhedged position is more risky so 1-2% risk...

Great post(s). Disagree with your 3rd point though, anyone who pays federal taxes has the right to vote. Otherwise why should they bother?

The entire concept of "rights" as we understand them stems from the Constitution... agreed? So if they are not specifically in the document itself, then the document must be amended. Due to your "philosophical idealogy", you choose to ignore this point. However your philosophy is not LAW...

Thanks for backing up those "facts" with evidence.

Taxes and Congressional terms are addressed in the Constitution, so they CAN be reformed (and should be). Health care as a "right", just is not in there. So like the Amendment banning slavery, or women's suffrage, health care is going to need its own amendment before it becomes a right. The...

This was posted by HelloDollar and illustrates my point of view very well: The further folly: The government is fighting tooth and nail to RE-INFLATE home prices while bitching about health care costs. Which option strikes an a rational thinker as more egregious? A 500 square foot...

http://www.usconstitution.net/const.html Not in there, but feel free to look. (not directed at jprad)

Unless it is amended to the Constitution, then it IS NOT a right. I don't know what gives u this idea. Health insurance was created by private companies, it is a product, not a right. Where does this line of thinking end? Perhaps all Americans are entitled to a specific salary each year...

I understand that if u have a single payer for everyone, then all of the middle men, excessive CEO pay, and most of the admin costs etc. will be eliminated. But think of the things that can go wrong. Suppose the govt "borrows" funds from the system like they do with SS, and at some point down...

SS is going to fail, no one denies this (look at the CBO and SSA projections). It is just basic math, SS payments will not be made in full at some point in the future because SS taxes can't keep up. In order to make those payments in full SS taxes either have to go up, or the age at which you...

Income taxes are covered in the Constituition. Congress also has the right to raise a militia, I assume that can mean a draft is legal. SS is different, but essentially a tax, especially since most of us are never going to get a penny back from it. Also SS is a colossal failure, why would u...

Reform is not necessarily the current version of the Senate bill which is what they are trying to pass. More importantly it is apparently unconstitutional. Read Article 1 section 8,9,10 of the Constitution and then the 10 Amendment. Those sections list the powers, and limits on Congress, as...

fix'd.

Thing must go off constantly... cause you're full of shit :p See how it feels to get corny ass one lined. This is like 90% of your posts, and it is really douchy.

I didn't say this site, I said this thread, question dodger.