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Umm, too many Canadians take the US for granted as well. It cuts both ways. Were it not for the US, Canadians would be speaking Russian.

Hang in there. The US is actually pretty forgiving of BK, which is a good thing for encouraging entrepreneurship, IMO. Quick story of my father..... 1981- Secured financing for a small business. 1984- Filed for BK after he lost his biz. 1993- Secured financing for another small...

How has 2010 been going for you Cold?

Well, with an unintelligible post such as yours, I'm certain that this post will be taken very seriously. If you're going to call people stupid, the least you could do is use proper grammar and spelling.

I would agree with the first 4 points. I don't know anything about the option market. I hope this thread gets some play.

That's the problem with gold, IMO. Real gold..........fake gold.....what's the difference really???? I am long GLD, by the way, but I really don't get all the hype that gold gets from doom & gloomers.

What did krazykarl say in his post that wasn't correct?

You can open micro accounts for as little as $200-500 with many forex bucket shops. That is probably a much better way to practice, IMO.

This White House obviously believes that the American people are beyond stupid. ----- " It's no longer about counting a job as saved or created; now it's a matter of counting jobs funded by the stimulus. That means that any stimulus money used to cover payroll will be included in the...

Agreed. Unfortunately these banks OWN both sides of the isle.

There are definitely some areas that are just too expensive, but again, that is a lifestyle choice. So Cal, Bay area, Chigago, NY, certain parts of Florida. Outside of those areas, you could do it if you chose to.

That's a fair point, although I would argue that if one wanted to live like this family you're refering to, you can still live that way as a 1-income family. That would mean, no Starbucks, eating out a handful of times/yr, no cable, no cell phone, no Xbox, etc. It's your kid's b-day...

I've never day traded, so no I haven't failed. I make too much money in my career to walk away from it for a profession that has a 90% failure rate. And I've never said that you can't day trade successfully. Obviously it is done by many. However averaging 3%/day *consistently* (let's say...

bringing back instant film cameras = new coke this campaign will last about a month.

Interesting graph. We're paying more than ever for housing, but I don't think there is any doubt that peoples standard of living has increased greatly in the past 20 years as well. It used to be common for a middle class family of 4 to live in a 2-3 BR, 1,200 sqft house. No more. Now that...

:D Ouch!

Is much of this student loan debt? You couldn't possibly have racked up $42k in credit card debt at your age could you?

Shooting for very high goals has some advantages as well as disadvantages. In trading, having a high goal is good, IMO unless it causes you to take unsound risks and works against your performance.

Good luck. Since I haven't looked at your previous journals, would you mind giving a brief summary of your trading? What you trade, time frame, style, hold time, etc. Thanks,

:D This site gives no info and immediately requires your email. I'd have to agree that no serious trader would need to close so hard for your email.