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In all the discussions I've seen about failure rates of traders over the last two decades not a single one has been grounded in common sense. 1) Why would I regard some college kid that has not dedicated even 500 hours to study and SIM screen time has $1,000 to open up with some Forex firm...

Well, during FDR's administration gold was made illegal and it put a real crimp in new gold purchases by much of the public. I'm not suggesting players didn't buy through foreign accounts etc. The fact is they can take 80% (or more) of the markey away on most financial products through...

Mt. Gox

I'm wounded that our friendship hasn't survived the test of time ... lol.

The Feds have a proven technique for those with buried cash and that's what this is. The put two plea bargains on the table after they come in with their 45 count indictment. Behind door number one is the six to twelve year deal which includes not only giving up the private key but using it to...

Not familar with FOREX (only futures) but they might take MIT orders and that will assure (in theory!) that it actually trades at price. At least in the futures market you know definitively if the price was hit or not. I would hate to take a FOREX dealers word for it.

Not familar with FOREX (only futures) but they might take MIT orders and that will assure (in theory!) that it actually trades there.

Bully politics? Isn't it all "bully" if you have the juice? BTW, I'll be sure to get right on changing my opinion because you don't care for it ... lol.

I'm told by someone who is very wired in that Grace is very much the real deal. Whether they will consider that volume institutional (I suspect not) and give you the "right rate", I don't know. https://www.gracefg.com/HOMEPAGE.html And I have heard that Cobra, while not in Grace's league, is...

Yeah ... Boehner has the votes to stop default and big money believes he will use them. It is clear to me that while it is possible (although HIGHLY unlikely) we could stop paying a few invoices for a few days our interest payments and maturing debt will be paid on time. Boehner knows the...

If you have the capital it can pay to trade with firms with high margin requirement because they can be better capitalized themselves and even too big too fail.

Well if that were the case -- which it is not -- the answer would be obvious: Losing less is better than losing more!! Your margin requirement has nothing to do with how much you stand to win or lose. You are responsible for the totality of a loss even if it exceeds the amount in your...

Let's not make the same mistake the clowns frequently make: Reaching conclusions on insufficient information. The sample size here -- 11 -- resulting in only two weak hurricanes is laughably small.

I've never quite understood the fixation/fear of blowing out an account. If a young guy only has say $5000 plus a job and he wants to speculate intraday while it would be foolish/stupid of him to put seven or eight contracts on utilizing his $500 emini margin it would be a lot less foolish to...

For some years my wife and I were both covered by had what some would call a "gold plated" plan (I always thought of it as solid gold) from her mid level executive job at a large firm. When she left I knew it would be costly to replace but I was still shocked when the tab for the "cobra"...

It's better in cancer than in other specialties since so much of the actual deliverable is prepackaged and uniform. The states show that unless a hospital does at least 200 open heart surgeries a year their odds of geting it right decline pretty quickly as the number goes down. Yet there are...

You are significantly understating your case. The fact is there are 41 comprehensive cancer centers in the US of which M.D. Anderson is one. Half of our states do not have even one such center and even in those 25 states that do the vast majority of those treated in one live within 50 miles of...

lol ...

tiddlywinks ... I have now read the article you attached to your post. Confusing a one tick scalp attempt that will always prove to be a loser over time with what is the standard (for ES) four tick (one point) scalp changes the entire equation. I'll wish you both luck for you are certainly...

I neglected to thank you for helping educate me by including the attached article. I've not yet read it but you can rest assured I will and, at that point, either thank you again for providing an on point examination of scalping for a single tick from upstairs or try to gently add to your...