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Sorry I must be dense today. What's DB and DT stand for?

To the RP haters. Consider how bad things are right now. Consider who got us there: mainstream Republicans and Democrats. Ron Paul's opinions on the role of the Federal government and the ways he'd make it smaller seem extreme to many people. But look at how extreme our circumstances are...

Dude, get yourself TurboTax Premier first. If you trade stocks, options, futures, own rental properties etc it's the best version for you. I trade option spreads and Premier is the only version that understands the concept of "shorting" anything. The cheaper versions assume your trades are...

By "day trader status" I assume you mean "pattern day trader" per the SEC. That doesn't apply to forex, only stocks. Maybe you mean "traders status" per the IRS where you get to use mark-to-market accounting etc. But to do it for this year you would have to have already declared yourself that...

You silly thing OP. You brazenly assumed that past performance was a guarantee of future results. Not to mention you had no Plan B for what happens if your system stopped working. I like how the narrator yells "what the fuck" in English.

"Size matters not"

Sadly I agree with you. But those cushy deals were cut back when times were good and there was easy money in the markets. Who's gonna riot in the streets during good times?

Because they're entitled to it, of course!

God I hope not. Worst case scenario for the guy mentioned in the OP is he has to go back to work. He's still got plenty of productive working years left anyway.

His financial freedom is only as secure as the pension fund behind it. With states and municipalities increasingly under pressure these pensions are no sure thing.

Oh, and he also doesn't want his equity value to go down either.

In the future avoid option trades on such low-priced stocks. Look for stocks > $20/share and volume > 1M/day. The options on these higher priced higher volume stocks are much easier to get in and out of. Stocks less than $5/share are basically penny stocks. If you have to, just buy/short...

One could also avoid trading illiquid vehicles altogether.

Luckily I was long the Euro against my better judgement. Just goes to show that my "judgement" isn't worth squat. I'll keep entering trades on technicals and stop trying to read fundamentals.

I guess you could buy the damn book

As I recall the only answer the Roman Empire found was oblivion.

Retirees my ass. The couple in OP's link had plenty of working years ahead of them. It's not like they were physically worn-out construction workers. They were whining office workers who felt they were entitled to the 90's dream of early retirement. Yes, I actually read the whole article.

Exactly! I've been saying this for years to friends who watch too much "House Hunters International". The one question no one seems to consider is "what happens when TSHTF in one of these tropical paradise banana republics?" You think they'll give a shit if you're an American? You'll be...

Yup. If TWS is blocked then you're screwed and just be thankful they're not blocking WebTrader too. I'm in exactly the same situation at my work. I hate it but there's nothing I can do except bring in a laptop with a Verizon data card. I'm not sure how they'd feel about that so I stick...

Put selling risk is about the same as buying QQQ outright except you get paid a premium. So it's actually less.