ES Journal Archive (2006 - 2008)

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Quote from princessa:

hmmm...yes, i see your point.
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So taxes are a type of "slippage" that we traders in the states need to overcome with better "edges", while those who don't pay taxes can just trade so long as they don't lose? I'm slow, but I'm learning.
 
Quote from illiquid:

So taxes are a type of "slippage" that we traders in the states need to overcome with better "edges", while those who don't pay taxes can just trade so long as they don't lose? I'm slow, but I'm learning.
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Tax is just another overhead and tax avoidance scheme/s are a welcome and widely accepted practise to increase profits. So eliminating it I have an immediate advantage over somebody that can not avoid it. I didn't say it was an edge it is simply a benefit, in actual fact I am not telling anybody what they should be doing, it's you guys that tell me I am wrong, so let's see some examples where I would be wiped out :)
 
Quote from illiquid:

So taxes are a type of "slippage" that we traders in the states need to overcome with better "edges", while those who don't pay taxes can just trade so long as they don't lose? I'm slow, but I'm learning.
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c'mon, illiquid. don't get so edgy, dude....i was actually agreeing with you for most of your posts.

and you've gotta admit, not paying taxes is a pretty sweet deal....:)
 
excuse me please....i typed incorrect statement...they came here confused......and they will leave here more confused....usually....go argue with the doodlebug in your yard....same results...he/she will still be a doodlebug for life...
 
....if you would devise a point target scaled out exit to take pts out as u go i think you can still do what you are doing with success and much better risk reward......even if you are not using huge account....your account size is your business...just i know the gambling is not best here.......it is discipline maintaining all control.......as best you can.......the more control you have the better the experience........
 
Quote from elbow:

excuse me please....i typed incorrect statement...they came here confused......and they will leave here more confused....usually....go argue with the doodlebug in your yard....same results...he/she will still be a doodlebug for life...
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You must be some kind of stupid junkie. You just can't stay away can you?
 
Quote from volente_00:

ELBOW, DO YOU ACTUALLY READ ANY POST OR ARE YOU ONLY HERE TO POST NONSENSE ?
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You already know the answer to this question, don't you?

BTW, I had to exit my WMT trade with a loss. I guess I should have listened to you...
 
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