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    Transaction Tax - New

    How would this work for Futures? (tax on notional value? Gains? Margin requirements?) Trying to find info on this
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    How to Let Your Winning Trades Run: Got ideas?

    Hold at least until the end of the week
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    How are you better than other traders?

    Buy the rip Then hold the rip Risk management
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    Double Top, Dbl Bottom. Show your Opinion, Use Charts - Especially Non-Workings! Text is cheap, lol.

    I know the nature of this thread is reversals. But why not try to figure out what part of the double top is statistically significant in determining if market continues or reverses? Looking at the basic pattern will get you nowhere. I’ve analyzed reversals for years, your better off analyzing...
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    Only Trading The Spy? Good Idea or Nah?

    Just accumulate SPY, never stop buying and never stop holding. No reason to trade it
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    What happened to Melissa Lee on CNBC ?

    I think he is fine, but lives a very normal life. It's funny that I see him around once in a while. Jim Cramer too, I've run into him he lives close to me too. Haven't seen him in years though but in the mid 2000's ran into him at the bowling alley and an italian restaurant ahhahaha
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    What happened to Melissa Lee on CNBC ?

    Guy Adami goes to my ymca....see him all the time. I will ask him next time I see him. I ran into him at Walmart and an ice cr am shop...see him pretty often He’s a true man of the people, actually my favorite on the show...but I rarely ever watch cnbc
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    Why does Trump thinks starting a war with Iran will help a president win vote?

    Trump is a Magician: "And now for my next act... I'll Make the Democrats Defend Iran" These set ups are too easy for him. In 3 months Trump the Magician: "I want Tax cut 2.0... Democrats want Tax increase" He certainly is a great salesman, going to be extremely difficult for Democrats in 2020.
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    US is doing better now not worst! ET trolls, too bad, you lose!

    I'm not good at charting this stuff... but it would be interesting to see these variables charted out to see. Or perhaps someone has a better idea of a comparable index. I feel Europe is appropriate to compare and view Trump's influence vs Obama's influence etc. Someone out there if you can...
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    US is doing better now not worst! ET trolls, too bad, you lose!

    I have not done the analysis but would an easy way to judge Trump is a comparison of SPX vs Stoxx 600 European index? And Further compare Obama's SPX vs Stoxx. Obviously it is all correlated BUT if the SPX accelerated in comparison to Stoxx during the Trump years then...credit should be given...
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    US is doing better now not worst! ET trolls, too bad, you lose!

    Trump also manipulated our interest rates to further froth our economy and the world economy. He did this by staging the BS China Tariff game...which was a joke BUT influenced central banks to lower interest rates further inflating reality. Pure bi-product of the China Tariff Scare Most money...
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    Why have you not made it as a trader yet?

    Edges are typically slim. Couple your edge with sound risk management and the ability to let positions unfold/run you will have a fighting chance. Also harness randomness...what I mean by that is you have a random chance of a position moving in an outsized way in your direction by sticking...
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    Paths Forward for Raising Capital

    I'm in the infancy stages of setting up a CTA. Should launch in 2021 with a "small" chunk of change. I'm looking to target 20% yearly returns after fees with drawdown of less the 4%. I think it is quite compelling for investors considering index futures make up a small part of my strategy...
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    Charles Schwab in talks to buy TD Ameritrade, deal could be announced as early as today

    Yeah... but my point is why would Schwab want to pull the plug on TOS. That would make very little sense. I would say that Redundancy in charting is crossing my mind. I'm thinking Ninja Trader? Anyone else have any thoughts on what to migrate to from a charting standpoint IF Schwab pulls...
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    Charles Schwab in talks to buy TD Ameritrade, deal could be announced as early as today

    Why would they pull the plug on TOS? It's an asset, and profitable to an extent I'm sure. It fills a void at Schwab too. Why is everyone in a panic? This will take 2 years to complete and once complete I'm sure the first thing on the list is not Disconnect TOS. Interactive Brokers is only a...
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    Do you have any piece of advice for a novice trader? Anything that could be helpful?

    In the grand scheme of things, there are only two trades: Trend continuation Trend reversal Buy pullbacks in the strongest stocks with risk management (vice versa for shorting). Only try to learn trend reversal once you master trend continuation...remember trend reversal makes up a small...
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    What are(were) your most common mistakes in Trading?

    Migrating away from the original plan. When you have something that works...stick with it through the draw downs.
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    From $60K to $600K

    Dest, your like the Dan Bilzerian of EliteTraders. Your the man, keep it up buddy.
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    25% tariff on goods coming in from Mexico announced

    My taxes on my house are $16,000/year.... 1 in 11 households in my town house illegal immigrants. Hopefully my taxes will stop rising.
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    Bernie Sanders Wants To Make College Free By Taxing All Stock, Bond And Derivative Trades

    Until Goldman and citadel drop 250 million into Bernie’s piggy bank. It will never happen...and Bernie or Joe have to come up with a better idea then higher taxes to win. Everyone relax
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