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Just deleted & replaced my XP Pro service pack 2 with a clean XP Pro service pack 3 and have added Symantec Endpoint Protection on the advice of a heavily experienced systems administrator I respect. I have a small (three PC) network at home (not ideal but it is the current compromise) and...

The people you describe -- your friends and family -- are financially unsophisticated and neither financially or psychologically equipped to deal with draw downs. It is not good enough for you to be a good trader they must also be competent investors. Spend the next year having a monthly...

You seem to be saying that "if you are any good" you have a positive expectancy. But since that is off the chart absurd ... so absurd that insane is a word that fits, you must be saying something else. What, if I may ask, is it that you are saying?

The game that provides the best overall odds for the player (leaving out card counters) is craps not blackjack. All you need do is simply decide what YOUR overall game at the table is. If you pick the right casino, make the small line bet and then back it up 10X you have structured a game that...

I am not assuming rationality I am assuming that almost all C-level executives that sometimes do irrational things draw the line at murder. Anybody disagree with that?

Yes ... it is a total piece of crap.

These guys are businessmen running sophisticated public companies not racket guys. The risk reward ratio calculation involved in ordering a "hit" is, I suspect, totally off the charts ... their charts. Assuming you were earning well into the seven figures would you want to be involved in...

The key to backing up the line bet is picking a casino that will allow you to back it up massively. At one time -- and maybe today as well -- there were casinos in Vegas that would allow you to come out with X and then back it up with 10X. Those deals were not available on the strip which is...

Take a quarter out of your pocket and flip it. Tell the kid that every time you flip the quarter and it comes up heads your will give him a dollar and a dime but when it comes up tails he must give you a dollar. Then tell him that those type of opportunities exist -- from time to time -- in...

Imagine a poker room with a tiny ante (data, hardware etc.), a reasonable drop (commission) and a group of players at the table that will fade your play in virtually unlimited size -- ES as an example. If you had the patience to wait for only the choices hands and had a sound money management...

Until short term rates double (or may be triple) from where they are now, only be concerned with safety ... not rate. Unless you are dealing in very large sums the differences right now are truly irrelevant.

Now that's racist ... lol.

I don't believe the thread is racist ... just incomplete. It is a time honored custom to take the most extreme examples -- the 80% out of wedlock number -- when building an argument. Time honored and reasonable. Yet what must be done in order to make an argument that can truly illuminate is...

Never occurred to me but obviously true

The Pew family -- Sun Oil -- had two full time PR people on the payroll in 60's and 70's whose sole purpose was to keep their names out of the press. Anonymity is the smart, comfortable way to go. And, if you only have 100 million that was made in a fairly non-controversial way, it is pretty...

Your behavior is consistent with what a masochist does not a sadist. Get back on the horse and if the finances will not allow that now begin to put a stake together so you can get on some horse -- in or out of trading -- someday.

Hard to blame the child that has been spoiled when the parent pretends they can't say no. It is a symbiotic relationship: The slime political establishment and those to stupid to see the forest for the trees. I apportion the blame at least 70/30.

You're missing the point. What the experienced traders here -- not me but them -- are telling you is to trade as small a size as you can. No one thinks you can put up the $10,000 required to trade at IB, no thinks that finding the rock bottom rate is key for you now. Everyone thinks you...

While leverage, employed intraday, might be a potent weapon in the hands of a skilled, experience trader it is no friend to the novice. My limited experience shows me that without patience your risk of ruin goes through the roof. Be pleased that you are booking profits so early in your career...

As a society we can simply no longer put the entire foundations of our country at risk under the guise of the "free market". There were no free market concepts guiding the residential real estate market post WWII and while it might be reasonable to contend that those who make stupid decisions...