Taking 1million to zero in "n" months.

Quote from KINGOFSHORTS:

You cant short in an IRA, Shorting requires Type 2 and IRA's are only qualified to be Type 1 Cash.

I call BS.
More...

Perhaps your reading comprehension skills need a little work.


My first line "Down 50% shorting Emerging markets futures on european crisis.

The salient fact is highlighted in red, and one most certainly can short contracts in an IRA you just can't use intraday margin. RTH margin is effectively the same as overnight margin requirements.

I find this glaring demonstration of ignorance a bit humorous for someone who calls himself KINGOFSHORTS.

But hey like I said I will give you the benefit of a doubt and chalk it up to a vision or reading problem.
 
Quote from kxvid:

I call BS too. Nobody who earned 1m treats it like this. Not even are inherited fortunes blown so easily.
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Let's just say I have Brass balls and the trade based on the economic facts made sense.
My failure was in underestimating the extent and effect of outrageous political manipulations. It still remains to be seen if they (the troika)
will be able to get away with them.
At this point I am no longer positioned for a contagion of french or german banking failures.

The near failure of dexia bank must have scared the bejesus out of them.
 
My trading is likely to include (but not exclusively limited to ) the following:


Direxion Daily Russia Bull 3x
DIREXION MONTHLY CHINA BULL 2X
Direxion Emerging Markets Bull
Direxion Emerging Markets Bear
ULTRASHORT EMERGING MARKETS INV
VelocityShares Daily 2x VIX Short
ProShares Trust Ultra VIX Short
ProShares Ultra MSCI Emerging M
Direxion Daily China Bull 3x
Direxion Daily Latin America 3x
ProShares Ultra Russell2000 Val
ProShares Ultra Oil & Gas
Deutsche Bank AG DB Gold Double
DB Commodity DB Commodity Doubl (DYY)
 
march 9

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