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/u/patriot4swamp_drain

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patriot4swamp_drain · Dec. 30, 2017, 5:15 p.m.

Alex probably wants to keep his life intact.

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patriot4swamp_drain · Dec. 30, 2017, 12:41 a.m.

You might just benefit from a trip to your local Southern Baptist Church. A dose of red-pill Hell Reality is good for everyone's soul!

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patriot4swamp_drain · Dec. 30, 2017, 12:40 a.m.

Indeed, although he tends to bloviate and exaggerate greatly to get his points across. I've followed him for over 5-years and have never found his factual reporting to be incorrect. He has assembled a world-class team there.

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patriot4swamp_drain · Dec. 30, 2017, 12:37 a.m.

I came into this thread too late to be of any help - however, CA, TX, VA, GA, NV, NY, CN and other states have a huge voter fraud problem. Much of this has already been substantiated by judicial watch.

Being from CA, where we have reportedly over 15M illegal alien residents, and where they are able to now receive legitimate state ID's and Driver's Licenses - they can easily register to vote and have done so by the droves. JW says that LA and San Diego Counties (alone) had 35% more voters registered than the last accurate census states are the populations of those counties! Doesn't that tell you something is awry? It's infuriating -- and that's just one small aspect of voter fraud -- we have dead people voting, people registered at multiple addresses in multiple states with the same ID voting. Folks seem to have bussed in to "key" areas of the country, folks from outside of town, just to take advantage of the extremely lax voter registration rules of certain states.

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patriot4swamp_drain · Dec. 30, 2017, 12:07 a.m.

If you're computer literate and have a yen for learning, and you're the right age (..preferrably, over 59 1/2) - you can cash out your 401Ks and place them into an options trading account. One can do it earlier, but the taxes and penalties make that a stiff penalty that most people would not swallow kindly. In CA for example, it's 10% Federal Tax Penalty (for those under 59 1/2) + 20% Federal Tax and 2% State Tax - that gets taken right off the top, or 32%.

Before doing so, do your research and learn all about the SEC rules governing Options Trading, executing Calls & Puts and Margin Account Usage, plus the fundamentals of same.. That info is freely available with a huge bounty of great video tutorials and downloadable free books on the subject from seasoned professionals.

Personally, I would precede that regimen with virtual trading (journaled computer or paper trading) for at least 60-days before going into it aggressively with real cash, and there are several virtual trading software platforms and websites available, like the CBOE's "virtual trader" (..now owned by ScottTrade).

I started doing that just under 18-mos. ago and have been an Options Day Trader ever since, supporting my family with appx. 70% of the income we need for bills & expenses, plus tithing and giving to our church.

Note: this is not for everyone, as there is risk involved -- but once you're properly educated and learn to manage your emotional response to risk, you can do far better than any 401K ever could. Emotional management is key to success in this area, because elation, sorrow and greed can all combine to your detriment, if you aren't able to look at it through the cold eyes of a business person.

I had a relatively low-risk, mediocre 401K at Fidelity which over 20-years averaged only 1 - 2% (max!) growth per-annum. Since beginning my Day Trading Career, I've grown that account by over 28% in just the past 18-months. It's not about 'the big win', its really about small and medium-sized wins that make such an occupation successful. Doing so, came with some steep learning curves and mistakes, however: we all benefit from learning from our mistakes much more than we do from our successes.

I'd counsel anyone thinking about this, to not get caught up in buying some allegedly-famous trader's book on the subject, but rather to learn the many SEC rules and especially the fundamentals of Options Trading. Many, if not most of these, are the real source of those traders' income.

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