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Ever since the MF Global and PFG Best debacles I tell my clients to NOT keep more than $50K in their trading accounts. If the FCM requires more margin or if you want to trade more size or more positions you can wire funds in 15 minutes. I used to keep T-Bills in my account but FCMs aren’t so...

No wonder your state of mind is one of conspiratorial high anxiety :D

It’s actually inefficient - you lose about 20-30% in the process. I used to sell quite a bit of overnight power to some pumped storage facilities. Cali uses it quite a bit and would like to install more, but drawing from aquifers and flooding valleys has its detractors.

If we’re talking pure cost basis natural gas beats everything at the moment.

What is this magical solar generation and storage technology you speak of that allows for $13.50/WWH in the Midwest and Northeast US ?

I agree with everything you’re saying. Limiting future electricity generation sources strictly to wind and solar and simultaneously outlawing fossil fuels completely would be an environmental disaster.

As I recall, the German design was needlessly complex (typical). In fact, German and American physicists had criticized the design but were ignored. There was some operator error with a fuel element stuck in a feed tube and there was a minor environmental radiation release - again operator...

1. If I knew who took the other side of my trades - I would be paralyzed. Truly. So happy that I don't. 2. Tell me one business venture where you are not competing against a counterparty with more capital, more clients, more staff, more IP, more computing, longer track record, more of...

The unfortunate issue about solar and wind is the land footprint required due to the low density physics. You are going to have land use conflicts with farmers, ranchers, adjacent homeowners and wildlife. A home with solar panels on the roof or a windmill is one thing - but building a...

Keep your "day" job and learn how to swing trade. I would never advise anyone to quit a steady career job in order to try to trade their own account full time. If you are doing so well swing trading to the extent that keeping your "day" job is ridiculous - then by all means go for it. If...

There's been some real progress the past fifteen years on very advanced nuclear reactors that are very safe and very efficient. The Nuclear Regulatory Commission is currently testing and reviewing new designs - to be quite specific: fuel safety under worse case scenarios. The article I've...

It pains me to report that the CCP and the Chinese people are as one. Chinese Companies are bound by law to assist and do the bidding of the Chinese Military whenever requested. Chinese citizens are tracked and ranked by the Chinese Communist Party. It is mandatory that all automobiles...

And half the Algos running are designed to spoof the other naive Algos. Entire proprietary trading firms in Chicago and NYC are built upon the premise of gaming less sophisticated Algos and slower ECN latency. Firms like Spike spend hundreds of thousands of dollars per month on ECN...

Truthbomb. Legit FACT

This is a great day for you. This is a positive ! You’ve had to endure some negativity but hopefully you’ve checked yourself and stopped and re-evaluated. What have you learned? 1. Successful trading systems require a tremendous amount of research, background preparation, and paper...

I have to design a trading system that works the best for my clients. Swing trading is a different animal than day trading. Many of my clients come to me after getting the living shit beat out of them daytrading and scalping. They are tired of the abuse of getting stacked, flipped, spoofed...

I personally don't like my clients using trailing stops and I advise against it - from my experience trailing stops would take them out of a winner way too early. Was just a recurring problem for clients doing it. And it's devastating - using long term charting they would target 50 or 60 tics...

For proper legit Swing Trading - you are modeling longer timeframes and you have wider profit targets and stop-loss levels due to the larger trading range. I think that it is critical for newbs trying this for the first time to use the smallest sizing that they can find. Reason being - I don't...

The US government basically bought just about all the world's entire stock (500,000 doses for US hospitals) of Remdesivir. https://www.bbc.com/news/world-us-canada-53254487 https://thehill.com/changing-america/well-being/prevention-cures/505419-us-buys-nearly-all-global-supply-of-remdesivir

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