Taking 1million to zero in "n" months.

Hey that's me in the video, well not literally but that uncannily describes my previous position.

http://www.youtube.com/watch?v=WfvIstgOugc&feature=related



<iframe width="640" height="480" src="http://www.youtube.com/embed/WfvIstgOugc" frameborder="0" allowfullscreen></iframe>



Down 50% shorting Emerging markets futures on european crisis.

Too much manipulations by politicians.
Firing of ecb president and replaced with draghi who would loan 1 trillion plus euros to banks and accept worthless greek debt as collateral.

Troika ousting greek PM to be replaced by an un-elected puppet.

53% debt haircut not a credit event.

Had a nice profit before all of those events.
The rule of law and unilateral ex-post facto contract changes by powers that be make it impossible to correctly interpret the facts.
 
3/23/12


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1 week gain 22.39%
since thread inception 45.7%
 

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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.
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You can short futures in IRA account. I have been doing it.
 
Quote from adadadog:

You can short futures in IRA account. I have been doing it.
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Thank you for your confirmation of fact.
I suppose all brokers do not allow this but IB which is my broker does.
 
Quote from PHOENIX TRADING:

Thank you for your confirmation of fact.
I suppose all brokers do not allow this but IB which is my broker does.
More...

Best wish to you. You have been doing superb in the past month. Not many people are qualified to give you advice, including me -- I do not have a mil. LOL.
 
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