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But if you are moving your business, surely that is tax deductible. :D Seriously though, I suspect this one ain't gonna fly. For whatever reason, seems like the IRS views small business deductions as 99.999% fraudulent with a tiny amount of proper deductions. But, I am far from a tax...

You are obviously wrong. Just wanted to quote ya for benefit of the ignore list.

Use the BarsSinceEntry global var (or is it a function? Don't recall). For example, if your reverse failure area was 20 bars long: ReverseFailurePoint=lowest(low,(20+BarsSinceEntry)); Or, if you are willing to accept a lower low since you entered the trade, but want to get the lowest low...

It'd be interesting to know just how many farmers (or other "real" users of the commodities) actually hedge. I know somebody who once tried to find out. Chicago didn't seem to have any records like that (that he could find), nor did anybody seem to know of any "bona-fide" hedgers. His...

It's not really a bad stat, comparatively. I forget the numbers, but it was something like 50% of new businesses fail in the first year, and 90% in 5 years. Why should trading be any different? Don't kid yourself, it ain't easy. Neither is starting a donut shop or a pizza place. But it...

Good call. Provided one has an income to deduct against. :D

And therein lies the problem that most folks (particularly liberals - never really figured out why) do not understand. Freedom does not equal majority rule! To paraphrase (or hopefully quote) P.J. O'Rourke "If majority ruled, we'd eat pizza for dinner every night. And (since the majority are...

They've been trying that ever since they first thought up a European currency (and some of us suspect that is half the reason they came up with the Euro in the first place). So far, it's not working - folks would rather have US dollars than currency at the command of a committee of socialists...

From the article: "Experience tells us that most investors who lose money never follow up with a regulatory authority." I'm thinkin' that those investors deserve at least some of the blame, since they never turn the bad guys in.

Crude experimentation with Excel suggests ~50% is optimum. I'd be more inclined to start with considerably less, and maybe grow to a max of 25%.

You know what drives me nuts about all this? Two things, first we have a President that is supposedly pro-taxcuts, but tariffs are essentially a tax on all consumers. Secondly, the US Brassiere production is pretty much zilch. The administration is taxing bras for no apparent reason (as far...

Yeah, it's kinda that. Take today as an example of what I would call a Range Day. Market set it's high and low for the day early on, and respected that for the rest of the day - that's a Range Day, and should score very low on our Trendiness Scale. We've all seen days where the market just...

That's an interesting idea, and a new one to me (unschooled in stats as I am). But let's take the day I posted this. We had a nice uptrend until 1 or so (as I recall), then a downtrend for the rest of the day. Would a least squares take that as a range day? I mean, compare that to today (a...

How would one go about assigning a value to how "trendy" a day was? Take today for instance, I'd rate it fairly high as a trend day - we basically had one trend up for most of the day, then a trend down. Some days we trend all day, those would get the higher score. Most days (lately) the...

Out again. Sheesh.

And now for something completely tasteless. . . http://www.killercartoons.com/wldo.html

FWIW, many folks have had success selling used cars at Flea-bay. I've neither bought nor sold one there myself tho.

You missed the point (that's OK, I try to hard not to "overstate" my points, so I tend to understate them). Yes, we are taking about a business, owned by the trader. Yes, we are deducting expenses. Yes we are talking fundamental accounting. However, one also needs to include a wage for the...

Man, IB has frequently been a second behind TradeStation over the past month for me. Today, it was even worse, sometimes 2 seconds or more. Dunno the skinny, but with TS dropping commish like they did, IB needs to be on time with data. IMO, drop any bells and whistles, give us fast data.

But you forget to pay your employee (you). A common mistake. If you wish to compare trading to a "regular" business, don't forget to include a wage for the head trader/CEO.