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    Took out a loan to transition to full-time trading. Now 27 years old.

    You have your character and that will take you a long way.
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    Do trading edges for retail traders rely on intellect or do they rely on knack ?

    Lots of qualities for success. Hubris is not one of them.
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    Krampus beats the piss out of Muslim Distuptors

    Mmm.... whataboutism. The comments on the site itself refuted the article quoted. So you either read those and ignored them or you don’t actually read what you post.
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    The deep-sea miners

    Trump should have established Ocean Force.
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    Krampus beats the piss out of Muslim Distuptors

    Instead of admitting a mistake, you keep doubling down on justifying your deliberate propagation of fake news. Why? Are you that keen on proving Muslims are bad? Is your ego that sensitive to being wrong?
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    After two years, Trump's tax cuts have failed Americans

    Some think that could be 3rd likely to be President.
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    Why doesn't this put (or call I guess) selling strategy work every time?

    Well, your hypothetical clearly doesn't work all the time. In the real world, your results will be far worse. But that is something you will learn the hard way (as the rest of us have).
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    Why doesn't this put (or call I guess) selling strategy work every time?

    What happens when the stock goes to 4
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    Krampus beats the piss out of Muslim Distuptors

    you felt the desire to propagate it knowing it could be false because you thought it was funny? what was funny? the idea of immigrants being beaten because of their religion?
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    Certainly not Jamie. Their head general counsel “retired” a month later.
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    No. They screwed up some of the legal language around their guarantee of the debt. There were no other bidders as JPM had secured backstops from the Fed.
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    No. My point is that he made a binary bet and it didn’t work out. It has nothing to do with falling knives.
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    it doesn't really matter how big he was. My point is that the falling knife statement is way overplayed. He took a binary bet that Bear Stearns would be survive, or it wouldn't. Mr Market said BAC was going bankrupt, but it survived. Mr Market said that BSC may not survive (but it might), and...
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    If he had caught the same falling knife in March 2009, today he would have made 10x his money.
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    Eleven Years in the Making: Breaking Even on JPMorgan’s Purchase of Bear Stearns

    If JPM hadn't screwed up the deal and the original $2 bid stood, they would still have a long way to go.
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    Using Options To Protect a Large Portfolio

    The hardest part of investing is what you do when you are losing a lot of money. Rather than coming up with an options strategy (especially since you admit you have a rudiamentary understanding of finance), spend time with a financial advisor to determine the right investment strategy for...
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    Cash secured puts - Stocks or ETFs

    This mentality only works if you goal is to not make money. Why would you ever own a stock that you only “wouldn’t mind owning?” Either you believe a stock will go up, down, or you have no opinion. If you think a stock will go up, you should buy it. If you think a stock will go down, you...
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    Tax harvesting of worthless options

    Close the atm before end of the year. “Like kind” for wash sales is a bit vague.
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    After two years, Trump's tax cuts have failed Americans

    You should spend sometime studying your own biases.
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    After two years, Trump's tax cuts have failed Americans

    Hopefully you won’t get diagnosed with something really serious. The problem with health insurance isn’t the daily use of a doctor. It’s that one cancer drug you might need that costs 200k/year.
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