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...take the other side of that trade - buy for $66 and sell for $65 - and you've lost a grand per contract. Remember that on both trades, you're going to pay high transaction fees and commissions, and you'll likely be forced to take a worse price in order to guarantee that your trade executes. In all, you'll probably give up at least $20 per contract. That adds up, and can easily eat away at any potential profits. If you made one trade per day, you'd be losing 1% of your account value per week just...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...self-doubt and shame linger. But rather than centering on ethnic identity this time, The Eternal Smile's trilogy straddles the line between reality and fantasy. In its opening story, "Duncan's Kingdom" (previously published in comic-book form in 1999), a knight embarks on a dangerous mission in order to win the hand of his beloved princess, but along the way gets distracted - in a send-up of the grail quest - by the hunt for something called Snappy Cola. The second story, "Gran'pa Greenbax and the Eternal Smile," focuses on a miserly frog who must confront his thirst...

Author: /time Magazine | Title: Reality Check | 8/10/2009 | See Source »

...skeptical when Berthoud said this. Don't you need to raise your heart rate and sweat in order to strengthen your cardiovascular system? Don't you need to push your muscles to the max in order to build them...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

Amritsar lives in many centuries at once. This holiest city of the Sikhs is home to their most revered shrine, the mystical and awe-inspiring Golden Temple, where nihangs - members of an armed Sikh order - live on in traditions dating back centuries, sporting distinctive electric-blue tunics and a panoply of weapons, even speaking a unique martial dialect of the Punjabi language. Other parts of this prosperous merchant city wear Levis, hang out at cafés, follow the latest diet fad or carry the latest iPod. And since May this year, Amritsar has also been home to India...

Author: /time Magazine | Title: A Visit to India's First Walmart (a.k.a. Best Price) | 8/9/2009 | See Source »

...very different Walmart; in fact, it's not a Walmart at all. It is called Best Price Modern Wholesale, in collaboration with Walmart's Indian partner Bharti Enterprises, in order to get around the country's rigid foreign-investment restrictions. Members of the store have to be in business in order to do transactions in wholesale, but their families get cards that allow them to buy at retail prices. All sales are in cash. (Read how Walmart overcame India's tough business restrictions...

Author: /time Magazine | Title: A Visit to India's First Walmart (a.k.a. Best Price) | 8/9/2009 | See Source »

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