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When operation twist was in full play and the government through the fed was buying trillions of mortgage back bonds and the economy was not doing as strong as it is today.

Unless I am misunderstanding his position. He’s long the 60 strike. He might be up several dollars on this. edit: I think this structure that he paid 50 cents for might be worth 1.8 today.

It’s like comparing a KKK hat to a LLL hat.

Didn’t Donald trump punch his teacher in the face?

I went to one bank to get a bank check and deposit it in another bank across town so that I could pay my credit card bill.

He should shut up and swing a baseball bat. Oh wait. He’s promoting a conservative view. Nevermind.

If you are trading to replace a 50k a year salary then you aren’t a very good trader. And I don’t mean you aren’t good at picking stocks or whatever; I mean you failed to recognize one of the most basic risk rewards in your life and chose the riskiest option with the least reward.

I know it feels cool to denigrate the place. You can always leave.

Trading is a good second source of income. If you can consistently put up even modest returns that augment your wealth accumulation through a job or other endeavor, you can have a real engine for wealth growth over many years. Think saving 10k/year and putting that in a trading account that...

He must have an employer sponsored retirement plan. He has like 10 employees that he gets limosines and houses (filled with Big Brother cameras) for. He gives them 10 year contracts.

Pros: you can make a lot of money Cons: you can lose a lot of money Does that help?

He's right about personal responsibility. But he's wrong about the structural racism that exists in society. However, whites (the alt-right kind) believe they have problem because they feel that they can't catch a break. So is this an example of their lack of personal responsibility that a coal...

He's trying to distract from the McCain fiasco.

I looked this concept up. I am going to read more about it.

Before becoming president, he had a KPI on how many Twitter feeds referenced himself.

Turkey is a wonderful country. Of all the places I have been to, it was my favorite. The culture and the history are one of the oldest in the world. We flew into Instanbul and then Izmir and drove to Capadocia. If you want any advice, I would be happy to share over PM.

Markets are chaotic (as in chaos theory) and yet very competitive. It’s hard to appreciate that until you attempt to trade it.

Don’t sweat the losses. That’s the cost of substantial growth in a new technology. The bet is that he will earn 100x what his losses are. If he succeeds he will. Though I think he is likely to fail.

I would share a lot of my strategy if it were a two way street with someone whose primary mandate is different than mine. There is a lot of valuable learnings talking openly with serious traders in other strategies and asset classes.

I Think he means treasury vol.