ES Journal Archive (2009 - 2010)

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This guy doesn't look very "black". Jus sayin. :D

http://en.wikipedia.org/wiki/Septimius_Severus

Quote from Spooz Top:


Septimius Severus replaced the clown Commadus as Romes first black emperor & created many years of stability,financially & otherwise, throuought the empire........we`ve got the first part with W being succeeded by O.......interesting to see if we get the second part of the equation right with a complete repeat of Roman history in the macro cycle?
history & human nature have a tendency to go hand & hand....although i`m bearish longer term.
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Quote from MandelbrotSet:

Not really.

While it doesn't make me (or anyone else) happy to be paying more in taxes, American traders still possess enormous advantages over many other American citizens (without which we wouldn't be able to live in one of the top countries of the world).

If a trader needs a tax-advantaged status to determine whether they are profitable or not, you need to check your trading system.

***

Taking a thought from Spooz Top and his excellent post on how modern day America mirrors the Roman Empire, I would say "render unto Ceasar what is Ceasars ..."

Bye now.
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I mean no disrespect but with over 5000 posts, in a relatively short period of time, perhaps you should turn theory into practice. You needn't worry about how profitable I am or anyone else for that matter.

Profitable people have long sought tax shelters and havens to minimize their taxes. To me, what makes futures trading worthwhile, is the relatively low tax rate (23%) and no self employment tax.

If you were paying anywhere near what I shell out in taxes every 3 months, you'd understand. Sorry to be so candid.
 
Quote from Ken More:

I mean no disrespect but with over 5000 posts, in a relatively short period of time, perhaps you should turn theory into practice. You needn't worry about how profitable I am or anyone else for that matter.

Profitable people have long sought tax shelters and havens to minimize their taxes. To me, what makes futures trading worthwhile, is the relatively low tax rate (23%) and no self employment tax.

If you were paying anywhere near what I shell out in taxes every 3 months, you'd understand. Sorry to be so candid.
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Excellent post, most here have no idea of the ramifications of this tax change because it doesn't affect them. It never will.
 
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