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guessing he meant the actual s&p

fundamentals don't matter in oil that much, it's all about speculation

people have been saying it's going to all time highs for the past 2 years, strong resistance in the 2100s

on ET it goes more like: 1. Take credit card cash advances to fund trading 2. Quit your job 3. Lose all your money 4. ?????

glad i didn't short this rigged market

the stock market is rigged for the buyers, shorting is like betting against the house

really don't think HFTs play a role in individual trader's life, just paranoia

if you're lucky your broker will liquidate you as soon as you get a margin call i've seen brokers ignore margin calls especially in overnight sessions, so if you get unlucky like that you will end up owing the broker money

how do you even transfer the money from credit cards to your brokerage? i'm curious :D

basically all latin american countries/former European colonies are in disarray the only really consistently successful ex European colony has been the united states...

i'm not shorting the s&p anymore, i think brexit is overblown and now the fed probably won't raise for a while...which is an excuse to pump this market to ath potentially

only regret is i didn't hold onto my gold futures long enough, but also happy i wasn't stupid enough to be long equities and oil into the decision

bought at the limit down at 1999, then flipped for a quick 10 pts after trading resumed...i was baffled by what happened hours before the votes were tallied, everyone and their mother was long ES with polls virtually tied which made absolutely no sense lots of pigs sent to slaughter

5 digit job numbers...next up negative job numbers...recession 2016 just as predicted :sneaky:

downside is you can lose a lot/all your money upside is you get 60% of your gains treated as long term capital gains http://www.investopedia.com/university/intermediate-guide-to-trading-e-mini-futures/tax-advantages.asp

i wouldn't be at all surprised if this head and shoulders goes the other way, but as long as SPX doesn't close above 2075 i'm bearish

closed over support at 2039, may see 2058 before 2030

still time to add to shorts if you haven't as ES makes a head and shoulders

eastern europe is like africa, only with white people corrupt/scammers/fraud/etc do not touch it with a 10 foot pole imo

the only thing bill (h)ackman is famous for is losing a lot of money and bag holding the guy has proven himself to be a clown, but i suppose the real clowns are the people that have money invested with him