Quote from aweissen:
I'd suggest doing some research on C Corp Limited partnership combos. Throw in a VEBA for good asset protection and estate planning.
We have c corp here and a 501 c 3 set up as a foundation, both AZ corps.
If you have long term commitments to others, it is a good idea to review the NFA regs (part 208, etc) By using limited POA for up to 15 others you can still retain amateur status and not have to do filings. This means you put the capital in other's accounts pronto. You can dump into the 501 c 3 as well.
I spent 7 1/2 months querying IRS on one other pertinent matter:
How to not pay penalties for withdrawals from "qualified's" when a person is under 59 1/2. The answer is a two stepper that works because you take out the intitial cap first using an instrument that has payments designed to eat initial capital up to 59 1/2 as you take it out, then all profits from that point are tax favored. We did a few other twists with other related instruments and the product supplier raised our override from 70 to 110%.
several things are appearing on the table these days. what I am observing is that two themes are occurring: some of the "discoveries" are being understood through computerized data displays, i. e., software is considered reliable enough to verify what human senses are doing in manual operations.; second, the amount of market money making is being reassessed and it is realized quite firmly that it is out of the ball park.
What is underlying this stuff is that tools can be made to support forward trading and the tools, roughly speaking are immacculate. They are very very powerful for front running the market using seamless continuous trading.
You are getting the offset straight; with ease you see that stretch and squeese do differing signals depending upon which sides (quarterly) the cash and futures are located.
You are absolutely getting the fact that learning to make money is a process and that process fast tracks by dong repeated drills; and, further, by your comments, you are waking up the next day after your mind has subconsciously reorganized and made efficient what you know as truths now.
We have had one cycle of "the tougher they are the harder they fall". It is not possible usually to support the learning of a person who wants to be "right rather than rich".
I have spent a lot of time observing in ET. There are some real knotheads about. They are noisey too. Moderators and admin people delete on topic posts as well.
Several people (search inandlong, for example) went through the position trading transition to get to make money. Spy really did the job and added some tools as did others. This wave has occurrred and now there is a process unfolding to document thoroughly all the aspects and drills of position trading. we are doing 125 pages every 2 weeks and camtasia began this week on three machines. we can knock off 25 minute videos (50 megs) on drill after drill once our storyboards are formed. Three web sites are being opened as their design is getting done.
We have local people who have quadrupled since 01 JAN06 (See Thunderdog estimate that is coming to fruition). I am averaging 6 hours each contact with a dozen people a week. (see attachment of front running BHP)
How can anyone get another person to consider possibilities for being rich? This is a tough nut to crack. Here (SCT type stuff) we see several (almost 10) different approaches being augmented by contributed tools that can be used commonly.
ET does not operate in a manner, ordinarily, where a person who is seeking can get answers from people who are ahead of him on the path. It is difficult to conduct any forum here because of the nature of those who relentlessly tear down others and get them thrown out whern they return stuff in kind out of frustration. It is the same elsewhere.
Now, here, in this thread, we are moving from one plateau to another. The sufficiency of several fundamental truths are merging because of the efforts of many people. One appears and gets acknowledged and then understood. Then another. And another.
I believe that many people are "seeing the market operate" at this point. Most people never get this opportunity because they barred themselves from the playing fields.
The ah ha, AH HA's and religious experiences are incredible milestones and it is all something , that once you have it, cannot be taken away.
Now, is also a time when people get to realize that giving anything away does not, ultimately, stop it from working. We also get to find out that the test of anything is it's universal application to differing markets and differing fractals.
There is never going to be a time when the Crays of the smart money are going to poop out. Str/Squ/Neut will always be there. thee will always be leader lagger markets to follow and use to optimally make money. The DOM will always work.. So will if1, if2, etc.
Here our teams will be knocking off camtasia stuff (primarily a few hundred drills) and writing the process as key papers that have camstasia versions for doing the learning reps. We have our first six storyboards to replace the six brain fitness items of Merzenich (UCSF):Music, Langauge, Juggling, dancing, puzzles, and ping pong. (See pg72 Forbes 27MAR06)
Mak has precipitated a new plateau and he recognizes that there will be some big choices ahead for the traditional detractors. How tough does a person have to be to not be able to think along with a contribution that solidifies the stuff going on in this thread?
What would it be like if a person could simply bring a chart to the table and have it displayed for all to see and then have a record built of the solution(s) to the problems he is facing?