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Be as careful as humanely possible with counter parties, have a small stake stashed to move to -- reboot capital -- and assume that the trader mentality will prove valuable in the midst of chaos. Most important of all is to remember the powers that be can keep the ball rolling much longer...

In the short term anything may be possible but in the longer term your faith is well placed. Like the Law of Gravity the laws of economics (ultimately fairly simple math) will rule. And the higher we fall from the louder the thud.

Interesting that the most valued people in almost any large organization (and many smaller ones) are those that have top flight negotiating skills. The top of the heap were those that are tasked with negotiating arms reduction treaties involving nuclear states. The numbers guys are frequently...

Isn't the appeal of an LLC that it limits liability ... hence the name: Limited Liability Company?

Risk ... can I assume you meant GC , not KC?

Yes ... it was off the charts!

Clearly you can have more generous targets in CL. Good to hear that you are making it work at 70 ticks. Any GC experience? Thanks for commenting

I read Volman's book on Forex and I'm searching for an instrument that makes sense to scalp off a very short term chart in during EST.

An honest man ... lol.

I think most of us in this thread agree on where these sick SOB's are taking not just the US but the Western industrialized (for now!) world. Anyone with opinions of time frames? When does the panic start to set in? When do guys with families realize that having a decent job or even a good...

Just posted this in the Trading Forum. Any input will be appreciated. 10-19-12 01:49 PM Currently trading a 5 min ES chart and hoping to transition to a fast tick chart on either CL or GC. I'm in NYC and would trade 6E but the real action there is clearly in the London session nearer...

Currently trading a 5 min ES chart and hoping to transition to a fast tick chart on either CL or GC. I'm in NYC and would trade 6E but the real action there is clearly in the London session nearer there open. and I just can't imagine doing the 3AM gig. I would like to trade a 70 or 90 or...

I'd say it is a real long shot that any change will be made before the election. And I mean real long.

Seems a bit like the man who jumps from the 90th floor of the Empire State Building and shouts as he flies by the 30th floor "So far, so good". When it takes this much liquidity to provide <2% growth it is more like a coma than a recession. It is scary jut how much intensive care it takes to...

The massive amount of liquidity that has been pumped into the system has prevented/delayed a depression -- for now. The leverage has not gone away it has been shifted to stronger hands. But we have no way to unwind what we have done and therefore no way to assure that there will be any strong...

Christine LaGarde (IMF) said it right. I'm not subscribing to her politics -- achilles has it right here -- just to her description of the central problem. She said (approximately) -- "Everyone knows what needs to be done but the politicians can't figure out how to do it and keep their...

I sleep six or seven hours on a typical night. I find I am more focused when I get the seven and most focused those times I get closer to eight. I think for most people more is better then less up to about eight or maybe nine hours.

Yes ... dead wrong and they know it. Probably fairer to say the way they report on inflation to the public is misleading because they know the reality all to well.

Was off the top of my head. Haven't made a bet in many years and haven't quoted anyone a line in many decades. If the line is really 180 it is one hell of a bet to take the dog. Excuse me as I get to a phone ... lol.

EON Kid suggested I read the posts of SteveH (as well as Donna's posts). I'm about 60% through Steve's posts and have seen this gem. I'm a big believer that narrative can be the key to understanding the numbers in ways that make those numbers more salient. I don't think I have ever seen a...