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Hello, I been trading futures for a bit now but starting to do options so im a beginner too. I dont know why some people get so hostile as we all tend to ask questions like yours when we first start out. I have a fairly decent understanding of reading charts through my futures trading so...

Hello, Im not too familiar with these so.... Whats your thoughts on a high yield corporate bond etf like HYG. They say the highest rate of defaults were around 15% and it was during the great depression. HYG pay around .68 dividends every month. Unless the economy go into the shiter, which...

Hello, Was doing really well for a while. However, hit a bad losing streak recently. Got to the point where i was just worn out but trading so i ended up doing what your not supposed to do even though i knew. Few K a day is no problem but im not satisfied so thats where i run into problems...

What are your financial dreams made of? We all start out trading with hopes and dreams. It can get us through some tough times. I am a dreamer and i have lofty goals that i want to meet. I dream of being a billionaire (100m at first). I want to take a trip to space with virgin galactic...

“Patriotism is supporting your country all the time, and your government when it deserves it.” - Mark Twain

Its a great idea that i bet many have pondered. About giving up US citizenship , even if u have a 'good' reason, non tax related, if u have a good amount of assets the IRS will probably be sniffing up your ass for many years. Its just seems like a big headache especially when its comes to...

Euro got killed on thurs n friday. Still have some short euro positions from 131500. Thinking of shorting on every decent retraction. Anyone else planning the same thing?

There is no 'right' way to trade. There are countless methods and analysis used in trading. Just do what you are comfortable with if it is making u money. If not, change things up and try something else. However, in my opinion, like many other traders on ET, i dont think setting daily...

A Major support at 128 was broken for ZB. On Thursday, the feds couldn't sell their 30b treasury notes so they had to raise yield. I did not find out about the news until the next day. However, i noticed ZB had major problems trying to rally when the stock market was dropping bad.(their...

When the economy start to improves or when people believe it has, gold prices should start moving down. A lot of the recent upside to gold has been to 'safe haven' buying. A stronger Usd should also bring gold prices down.

Theres only the bollinger band on my screen and i do fine. I use patterns, support n resistance, and i like to see how prices react to news (my indicator). I like to keep it simple and it works for me.

Does it count for real estate, if total value of all property own is over 1 million but most of them r mortgaged?

Furthermore, I dont see how a 100k swing in a 2m+ account show that they dont have money management. Thats around a 5% loss. There isnt always a close place to put a stop when u r trying to trade a pattern. One has to give the market enough room because even with a small break of...

great killing. He seems way too emotional though. That cant be good for his health. I know for S&P futures its best to offset at end of day. However, for what i trade, usually when a strong range breaks, itll usually continue for another day or so. Those r what i live for. Even with a home...

Indexer's method is one way to go but i differ in opinion. Im usually rather discreet about my trading successes to people i do not know well or have just met. However, if a close friend asks, i usually tell them my successes as well as my failures. My thoughts are, i want friends who...

Maybe your success makes them feel like a failure (society is really competitive). Like how people compare themselves with someone doing bad and it makes them feel better, should work the same visa versa. Or It could be learned from their parents or somewhere through their childhood. I.e...

They r just jealous because they have settled for mediocrity whereas u r striving for something more. If people don't like u because u r doing well, then they are not worth having as friends. Being around positive and sucessful people promotes success.

I sometimes get trigger shy after a bad loss or streak. THose usually come from being impatient. Stop or Limit Order @ places where patterns and support/resistance have good chance of breaking. Helps with patiences too. Now u r waiting for the opportunities to develop (if your stop/limit...

Not sure about mastering (im sure the consistently profitable 'master' traders also have moment that they feel like they have a long way to go), i think thats a lifetime endeavor as there is always something new to learn and something else to make a mistake on. Dont worry too much about...

What about marketwatch? Too be honest i usually just look at the front page and the title of a few major articles. I use barron's econoday for list of when all major economic news n reports r released. Hope that helps anyone.