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  1. W

    beinf sued by Collection agency

    or just move to TX, that will be the end of it !
  2. W

    beinf sued by Collection agency

    they do not have a judgment yet, request for verification of the debt, then file for an Entry of Appearance...then Discovery...Etc..you can do all that Pro Se..
  3. W

    SEC charges GS with fraud

    What will happen if Germany retaliate and bar GS from doing business in Germany !
  4. W

    Is it really necessary to trade 100K-300K+ shares a day to make a living trading?

    I found a mixed bag of tricks work out best..I trade with 60-75 k in my trading account . I swing trade 90% in stocks with an ave of 0.75-1.5 % daily profit and trade 5-10 ES cars for 20-30 ticks daily..10% in cash to cover losses or quick news driven pops. I started this March 1st , so far I am...
  5. W

    MyYoutube confessional about quitting trading

    In addition, I think I have a good theory to solve the problem of terrorism. It is called the Parking Lot theory we should have turned Afghanistan into a parking lot on 9/12 9:02 AM, we might have gotten some bad press for a while but it would have ended it then forever.
  6. W

    MyYoutube confessional about quitting trading

    Man sorry to see you go! You inspired me! I started swing trading a year ago after seeing your YouTube vid. Early on I realized you were trading with your emotion so I traded against your recommendations! Now I am up 400% for the year…now studying the ES to avoid the day trade hassle, wish you...
  7. W

    BAC paying back TARP !

    http://www.reuters.com/article/marketsNews/idESN3146028020090901?rpc=44
  8. W

    List of personal rules for trading that makes U successful

    1- The Big Picture: study market direction, market sentiment and form your own opinion where it is heading; then trade accordingly. 2- Watch the major & minor centers of gravity in the trading universe: Feds, China & Brazil… GS, AAPL & oil…. 3- Do not use Margins in volatile times. 4- Be...
  9. W

    95k shares of fnm @ 0.67

    This is a scary one. bought 10k @1.16 Friday and sold it @1.76 today….I was very happy to sell it…be careful !
  10. W

    help a ETer out

    Sell 25% as profit; sell 25% to buy on pull backs and it will pull back . keep riding the rest to $ 20. If you think it will get there before the end of the year…
  11. W

    How do I start a day trading company!

    I am still here, Failure is not an option.
  12. W

    How do I start a day trading company!

    No other people money please, I love to see my family and I like my sleep. Nothing but a headache. The last time I made someone a million dollars ; I did not even get a thank you.
  13. W

    How do I start a day trading company!

    Now you are thinking outside the box! An Entrepreneur, not just a day trader, what else!
  14. W

    How do I start a day trading company!

    ####################### If you are a sole trader and not using margin, what do you benefit from limited liability? What kind of liability can you incur? Moreover, if you are the sole member of your company - don't you run the risk of your corporate veil being pierced anyway unless you are...
  15. W

    How do I start a day trading company!

    And remember I have been avoiding day trading since I hit 25k 4 months ago!
  16. W

    How do I start a day trading company!

    I agree with you about futures but I need many more IQ points to win in futures, so far for this year Cap gain Taxes will be around 8k on 27k profit and 11k if Mark to Market is elected. By starting a company and expensing 17k in office, payroll and health premium etc… taxes will drop to...
  17. W

    How do I start a day trading company!

    Well said, thanks.
  18. W

    How do I start a day trading company!

    That is true; I was told not paying out a regular salary is a big red flag for the IRS. In addition; would an S corp. resolve that issue! , I think patients and determination are what separate winners from losers. Need 100k to start a totally different type of company within in the next two...
  19. W

    How do I start a day trading company!

    Hello everyone; I have been researching day trading for years, paper traded for two years, started active trading full time six month ago with 15k and now I have over 42k in my trading account . I experienced huge losses and gains. Made many mistakes and learn from them (I hope). I want to...
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