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    China Preparing for War

    There are reports now that the US is not prepared to defend Taiwan. It seems that Taiwan might have to fight off communist China, all by themselves. US might end up just sending weapons to Taiwan but, unlike the Ukraine war, China is even closer to Taiwan so logistically, has all the advantages...
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    DeSantis for the win

    When someone promotes hate and intolerance, it is not surprising if their children follow their footsteps. Instead, of teaching your kids to follow the law and be upstanding citizens, this is what results from bad parenting.
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    Majority of Americans Think Trump Committed Crimes

    Say what you will about President Donald Trump, he is a saint compared to majority of Democrats and RINOs in Congress including, Biden, Clinton, Obama, etc. Hell, if the FBI and DOJ were actually, doing their jobs prosecuting the guilty without fear of favor, majority of our politicians would be...
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    "Technical Analysis Doesn't Work... TA Sucks", you say?

    It is still on a downtrend based on the stockchart. However, it could be a good buy a couple of months down the line. I am keeping my eye on UNG.
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    "Technical Analysis Doesn't Work... TA Sucks", you say?

    There are only 2 choices: 1) Use technical analysis because it works or 2) Do not use technical analysis because it does not work. You have to pick one. Technical analysis is just a tool. Like a hammer to drive a nail into a piece of wood, to secure it. You can use your bare hands and try and...
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    The GQP are the party of murderers....

    Cuddles4BS stay in your damn country, Canada. You have no right to lecture us Americans. Go F yourself. We will deal with our problems. You got a lot of problems in Canada but, just too ignorant to see it. If we have lax DAs refusing to charge and lock up criminals in the US, Trudeau stripping...
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    China's green leap forward is a nightmare for Saudi Arabia and Russia

    Green Energy is BS. I will give you another 100 years for green energy to replace oil. If they can replace oil, they would have done so, 100 years ago. People still need oil. I worked for an oil company and we did research on alternative energy sources including, windmills, solar cells...
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    If I had to pick one stock for the next 24 months

    Nice pick. While, I buy most of my stuff at Amazon, if you compare prices, a lot of Walmart prices are lower. If you are buying a lot of items, Walmart makes more sense. I tend to look at Target too when I am seeking the best price. Some items are cheaper at Target. Inflation is here to stay as...
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    Yesterday's WSJ article on a 0% cap gains rate since 2008

    When in doubt, consult a qualified accountant. IRS seems to be in an audit mode nowadays. I have a friend who got audited although, his income was quite low and relied only on Social Security. It took 3 letters of back and forth before the IRS closed the file. Must be one of those 87,000 tax...
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    Yesterday's WSJ article on a 0% cap gains rate since 2008

    The zero tax rate if I am not mistaken applies to the first $60,000 only then, anything over that, up to $493,000 gets taxed at 15%. Anything over $493,000 gets taxed at 20%. Not a bad deal actually. You still get to offset your losses against your gains before you are taxed which has the effect...
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    Anyone here actually profitable?

    Nobody is giving anything away because why would they water down their trading strategy? There are a lot of trading strategies out there for free, in plain sight in the internet or You Tube. Also, what each trader earns is their business and nobody else. Nobody is engaged in any pissing contests...
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    The Wisconsin Audit

    If you have nothing to hide, audits should not faze you. Just like the IRS audits, if you got your ducks lined in a row, you can prove all the deductions you claim. In like manner, if you cheated on your tax return, you have to swallow your bitter pill and just pay the tax bill plus interest and...
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    Progressive Stupidty

    Maybe, Clinton and her ilk should all go to Ukraine and tell Zelensky to end the war and useless deaths of Ukrainians including, women and children? And the US and NATO supplying Ukraine with more and more heavy weapons which produce pollution and global warming? Where are you all environmental...
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    Anyone here actually profitable?

    If you have no strategy, no doubt, you do not know if what you are doing even has a trading edge? Without a trading edge, you are just gambling. Go to Las Vegas. Discretionary trading is one of the hardest things to do. What you should be doing is reading and studying how the stockmarket works...
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    The Obvious

    The questions to ask is what are they selling? Why are they selling that information? If it is so valuable, they would lock in a safe like the formula for Coke for instance. The biggest takeaway is what is their record? Or are they just throwing ideas out and selling those ideas to you? Paul...
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    Daytrading options

    That was what I was talking about. When I traded NVDA it had premiums $5-$8 per contract (that is $500-$800 per contract). I passed on times it was over $8. Now, it cost thousands for 1 contract.
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    Donald Trump - From The White House to Jailhouse Rock

    Our ET trolls love the Kabuki theatrics of the Democrat scum buckets. Sure, any fool can bring up bogus charges, just because they are in power. Since, Pelosi and Schumer and other Democrats have come out to support this persecution of President Donald Trump, that would make excellent attack ads...
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    Daytrading options

    No, it is not. Depends on the stock. Highly volatile stocks like NVDA can have $7-$10 point swings during the same day from the lows to the highs. Prices move the entire day. There was one day I remember where I got $500, got in the same day and got another $300. That is in NVDA. Now, that does...
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    Daytrading options

    If you are trading penny stocks, probably, you would get options for 0.10 a contract or if you were buying those lottery tickets (options way out of the money). Midcap stocks or even large caps would probably, have higher premium amounts. It is still scalping. The only difference is the premiums...
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    Daytrading options

    That $500 is one contract. Do the math. If you are trading more contracts, you can make more than that $500 a day easily. Remember, there are losses too. You have to consider that too. Not all trades will work out. This was on NVDA stock only. NVDA is a very volatile stock which can easily move...
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