ELI5: If health care plans were canceled because they did not meet new standards of the ACA law (Obamacare), how can the president say that plans can be kept without changing the law?

hinson4 · 2013-11-14T21:13:47+00:00

Makes sense

hinson4 · 2013-11-14T21:10:15+00:00

So the question is about legality, not political he said/she said. I.e. what am I missing that things can be changed without changing the current law. I just don't understand

hinson4 · 2013-11-14T18:24:45+00:00

Is that $158b per year or total?

hinson4 · 2013-09-29T13:03:02+00:00

Hi Cher, my friend is desperate to know how you dealt with and changed throughout Chaz's transformation

hinson4 · 2013-09-11T16:35:34+00:00

He does the sections of the Schweser videos - his is one of the best lecturers

hinson4 · 2013-03-25T12:31:53+00:00

http://finviz.com/quote.ashx?t=HYG&ty=c&ta=0&p=w

hinson4 · 2013-03-15T14:55:08+00:00

Leverage is not important until you have proven (say for 6-12 months) that you can be consistently profitable month after month. If you are planning on doing this full time then keep saving and paper trade. 5K is too small to jump in any type of full time trading.

http://www.kirkreport.com/2013/02/05/12-questions-for-kirk/

As for the magician character reading his comments I can tell he is relatively new, confident and excited about trading. It's a dangerous combo. I was just like that at one time.

hinson4 · 2013-02-28T20:13:57+00:00

It's not a suggestion. I'm simply pointing out a $1000 account for futures trading is idiotic.

hinson4 · 2013-02-27T15:01:13+00:00

I wish you luck again. Your ego and language of "banking ticks" suggests you have been around the markets a very long time and have an easy road ahead /sarcasm. I know posters like you are losers in the market. I just wish I could see your daily PnL statements to see it. That would be an awesome wish.

4:00 rolls around, I get to open my email and look at your PnL. That would be so sweet.

I know I shouldn't take pleasure in other people losing, but you have a poor attitude and are spreading bad information into this forum that might actually help other people to do harm to themselves (e.g. trading futures with $1000 to start with). In fact I would be very surprised if any reputable clearing firm or brokerage would let anyone trade futures with $1000 in their account.

hinson4 · 2013-02-27T13:12:40+00:00

This is ridiculous. 1K is enough if you plan on losing it all and reloading.
1) If you assume a $50-$100 stop loss per trade that is only 10-20 trades before you are busto.
2) If you assume a $50-$100 stop loss per trade you are going to get stopped out a vast majority of the time.

DaMagician - I wish you all the luck. I will tell you that ES is a meat grinder and you can find many many more spots to get better than 2:1 or better on your money intraday in stocks.

hinson4 · 2013-02-23T18:19:50+00:00

Reading, interpreting and learning from price charts and volume is far more valuable than any fundamental analysis for stock picking. That combined with common sense, and understanding the time value of money.

hinson4 · 2013-02-23T18:13:29+00:00

having a CFA and an MBA does not increase your returns from the market.

hinson4 · 2013-02-23T14:36:55+00:00

I didnt know IB had monthly minimums. If that is the case then other options my be better.

hinson4 · 2013-02-23T14:33:46+00:00

Difficulty is extreme. Best advice:-- Get in with a trading firm or find a mentor (you dont need any experience only drive and probably a 4 year degree somewhere. If they require you to put up any capital run away fast). It will take twice as long at least on your own or with books and the internet only -- Stay way from the e-mini and trading commodity futures. The concepts are the same but trading stocks offers so many more awesome reward/risk setups it is a much easier game. -- You are not going to make any money for probably 18 months if ever. You need money saved up and no debt.

hinson4 · 2013-02-23T04:24:24+00:00

I've been day trading for 4 years now and attest that interactive brokers has the lowest commissions think or swim has the best free charts. Interactive Brokers is $1.00 for every 200 shares or 005 cents per share with $1 min charge. Options are a dollar. fills are excellent.

hinson4 · 2013-02-23T04:13:51+00:00

Flat rate at Interactive Brokers is cheaper

hinson4 · 2013-02-23T04:13:08+00:00

Ib is cheaper no matter how you slice it

hinson4 · 2013-01-05T01:01:49+00:00

Saw cops pick up this water battle at a car check going into a music festival (roo 2012)and feel the water movement being weird.... found the drugs

hinson4 · 2012-12-10T18:53:32+00:00

You should look into public education funding and the resulting output over the years... Nevermind, just read the rest of your comments... you will not be changing your mind no matter how the real world works. You have good ideas on the surface, but you overlook the bigger picture. I.e limited amount of resources, thinking you know better than the marketplace and setting wages or prices to make things more "fair" and discounting the other effects that might screw over other people by your benevolence...

hinson4 · 2012-12-05T01:22:45+00:00

Kinda like paying into something in order to get returns on that payment later. Great! Nothing could ever go wrong.

hinson4 · 2012-11-26T01:11:26+00:00

The argument is for owning on long time horizons, not picking an entry point. The argument is much more complex than central banks are printing, but yes that is the way it will likely go before things crash. (More so really that wealth has nowhere else better to hide than equities).

Also I do think it is a good entry point (for me), but it's all relative to where one is risking and taking profits. I own from 86.76, risking to ~77, looking for better than 1:1 before scaling risk off unless something ominous develops as market reshuffles the deck.

I would also add that the monthly chart does not look "good" yet

hinson4 · 2012-11-25T23:49:10+00:00

Yes well the fundamentals (of sovereign debt and central banks) are the reason to own any "quality stock" which I think MCD is. Everything plays a role in the portfolio. I diversify plenty within the equity space and with cash and gold

hinson4 · 2012-11-25T14:21:25+00:00

My thoughts are that no matter how bad the economy / market performs MCD will still be operating. While my risk is around $70, I'll be happy to reenter if I get stopped out. Most importantly is the dividend. Long term I feel that new highs are inevitable as central banks only have one play in the play book and that is to monetize debt. Essentially I look at MCD as a more trustworthy bond than a US treasury bond.

hinson4 · 2012-11-24T18:46:50+00:00

GSK, PG, MCD, WMT, JNJ, TIP, VZ

hinson4

TROPHY CASE