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    Why do 95% of retail traders lose?

    easy question, easy answer. Randomness.
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    Banks - how they work today?

    Good article but nowhere near as simple as this. You could write a thesis on the creation and destruction of money in modern day economics.
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    OK, this is getting ridiculous.. how is EURUSD now over 1.42?? (4/1/11)

    The markets can stay irrational longer than you can stay solvent. I forget who the hell said it but it highlights the problems with fundamental analysis. Is the price of Oil truly based on the supply and demand of Oil? One word -- no. Do what the other guy said, "Does it matter? Just trade...
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    Tax Forms-Schedule D?

    Here you go. http://www.irs.gov/pub/irs-prior/f1040sd--2008.pdf
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    Question about trading emini's as a career

    Develop a system that is radically different than what you learn in read books and accept the fact that the markets are largely random (not 100%). There are tools that you can use to analyze randomness.
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    Temporary Open Market Operations for March29, 2011

    Interest rates will be going up sooner rather than later. Inflation is kicking in. Have you been to the grocery store lately? The price of coffee has just about doubled. If the Fed doesn't act foreign countries are not going to be happy because the price of food is going to rise world-wide...
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    What is the easiest way to file a tax return for a high volume day trader?

    Doesn't solve anything for an individual. The money has to stay in the country it was earned and you have to report it to the IRS or face a $10,000 fine. If you bring the money into the US the IRS will tax you on it so you'd have to fly to the country where the tax haven exists and enjoy...
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    What is the easiest way to file a tax return for a high volume day trader?

    Not true. I am a tax professional as well as a trader. What I do in a situation where there is a massive amount of trades is report the total proceeds and basis from short-term and the proceeds and basis from long-term on schedule D and mail in a copy of the broker's statement. There are...
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    When filing out schedule d tax form do you round off the numbers for stock price sell

    The difference between 229 and 230 is negligible and taxpayers will have numbers that get rounded down so the difference comes out in the wash. There is no tax fraud here. Tax fraud occurs when you try to hide income from the IRS. Whole dollars is what the IRS WANTS.
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    When filing out schedule d tax form do you round off the numbers for stock price sell

    Yes. All numbers are reported in whole dollars. Anything that has 50 cents or higher gets rounded up and 49 cents and lower gets rounded down. You don't have to report cents. In fact, if you are using any software program to prepare your taxes it likely won't let you enter cents.
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    Could Ron Paul be wrong?

    If paper currency were to disappear it would be replaced by electronic currency. You have to understand the evolution of money and what money really means. Money is nothing more than a credit system. When you work and get paid your bank account gets marked up and your employers gets marked...
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    World Financial Meltdown Video?

    This is silly. The Fed is already scaling back QEII and QEIII ain't gonna happen. Never mind QEIV.
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    projected date of default for Californa

    Japan has the ability to print, Cali does not but as one poster wrote, they are issuing IOU's to avoid default. Illinois is doing the same thing. If they can't pay your tax refund they are issuing a credit instead. They will pay the credit when they have the funds, which could be many years...
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    Everything you have been taught is a nonsense

    I would agree that everything on the internet and in the books on Amazon (with a few exceptions) is complete nonsense. Folks generally reject the concept that the markets are random believing that if they are in fact random it thwarts their ability to generate profits when in fact, if they...
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    Only trading options instead of stocks?

    Correct! One of the biggest obstacles to trading options is the time decay. You have to be right very quickly and the move the stock makes needs to be fairly substantial to drive the option price to a nice return. There there's the slippage. Trading options is much more difficult than...
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    is this a great country or what...

    What's the point of continuing to pump a demo trading account? Open a real one and let's chat about your nice returns.
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    New home sales slowest in at least 50 years

    Look at the chart. It speaks a thousand words. New home sales are still declining but at a slower pace compared to the previous slide. It's time to buy. Any dip below that second support line would represent an even better investment opportunity. Buy a house that needs a bit of work and if...
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    New home sales slowest in at least 50 years

    It's almost 3 years past the top. That's about the time the economy bottemed during the Great Depression and The Great Recession isn't as severe. It's time to buy. <b>Right Now!</b>
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    New home sales slowest in at least 50 years

    Yes there are! You can get an excellent home in Florida for a song. Now is definitely the time to buy.
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    permissible deductions?

    You don't happen to know the name of the court case, or the name of the petitioner? I'd like to read this case. EDIT: Her name is Cynthia Hess. It's all over the internet but I can't find I cite for the case. I'd love to read the transcript.
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