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hahahaha thats funny :p

I believe larry williams daughter turned 10k into a little over 100k at age 14. Then later turned 10k into over 1 million in a trading contest just like larry did years earlier. Good luck!

The people with "stoic faces" know their statistics and one individual trade doesn't matter in the grand scheme of their overall tested and proven plan. Also, you noted that you quit your job to trade full time. This will have an effect on your psych if this is your only way to pay the bills...

I had a buddy out of highschool who worked two jobs , one at a grocery store during the day and convenience store at night, Worked 70 hours a week. Now he works one job (grocery) and has one nice rental property that gives him some cashflow. Git R done!

Is this really a journal to trade or to promote animatedtrades.com?

Your "edge" i hate that word... Is anything you do to make money. This includes, but not limited to a combination of.... Plan, Entry pattern, entry trigger, exit pattern, exit trigger, trade management, position sizing, money management technique, stress management, account size...

I have 12 different markets up on two 23 inch monitors, Sometimes if my back hurts I'll even just sit in my living room with my laptop hooked up and watch the 12 charts on my 55 inch lcd. For my style of trading this works, for others it may be havoc lol. As for the why? I only trade one...

Do you imply the opportunity will be buying greece assets or cause a global opportunity such as another large downturn in the US stock market?

Edit..... I would be wiped out on a 25% correction in the futures. So If I wanted to be safer I would only use 2x leverage and make an average of 40k a year. assuming 8% annually. Then it would take a 50% move against me to kill me. Which , those do happen once in a great while! Moral of...

Assuming I would invest in futures only using 4x leverage. With 250k x4 = 1 million to use to invest Say I buy the /ES now at 1286. 1 million dollars/ $64300 per contract = 15 contracts Maintenance margin overnight is $4000 per contract. 250k /15 contracts =$16666 so I would...

Another thing, if you own enough properties, you can actually owe ZERO income tax and write off all of your spouses income tax . The depreciation deductible is a HUGE tax advantage, Example: Doug purchase a piece of rental property for $300,000. The tax assessor for the county assessed...

I agree about the leverage. Good point. The thing with real estate is you don't get a margin call, your renters just keep paying your mortgage for you. Also, if the real estate market does stay shitty for YEARS that only means there will be PLENTY of renters. Does an increase in...

I was thinking if one is young and has money, the next couple years are prime for getting a real estate portfolio started .

Lets say one has 250k to invest and is 25. What path would you take to make 25 Million by age 50? Invest in real estate, primarily buying and renting out condo's, apartment complexes and/or homes. Occasionally fixing and flipping when market conditions are right. Invest in stocks, bonds...

What Timeframe chart are you looking at?

I watch all of these and it changes day by day. Gold and oil have a tendency to lead once in a while for 5-10 seconds. Bonds will lead once in a while too. Nothing really leads too consistently though. There are computers out there arbing like non other so it's next to impossible to just make...

Is it possible for people to open their mind and accept the fact that there is more than one way to make money in the market? Seems like some think that their way is the only way which is a flawed assumption. I think we can all agree that over leveraging will kill you but that doesn't mean...

Currency must be backed by gold.

Almost everyone besides card counters or cheaters are lifetime losers in casinos. But damn, you'd think this guy would've at least figured out that long term buy and hold while being diversified makes money.

Total US unfunded liabilities is $114 Trillion . Average life of a fiat currency throughout history is 40 years. I think anyone that relies on fixed income better come up with Plan B. http://www.usdebtclock.org/