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    [Help] Tape reading and other techniques

    Time & Sales? Volume? Books?! ********** Friend, like an airplane traveling well shy of takeoff speed down the runway, you will NEVER get off the ground. UNLESS... :P Don't make things hard on yourself, needlessly. Trade support & resistance.
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    Why most traders are losers

    FINE POST, Tom. You've likely helped a lot of struggling traders clarify their intentions. I'd like to state I believe most traders are losers because of (1) simple flaw: #1 - their strategy is *inherently unsound*. Typically it's based on indicators & oscillators, which filter price...
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    Managing Other People's Accounts

    Your questions are a pleasure while I'm waiting for a fill. :P MOST respectable FCMs will "allocate" your trades among your client accounts in a FIFO, first in first out basis, or otherwise. You can trade from a "master" account or OMNIBUS account. It's quite simple, actually...
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    Managing Other People's Accounts

    TWO things could help you immensely: #1 - your bona fide track record directing accounts (NOT your own prop; could be a relative's with POA, etc.) #2 - Your salesmanship & ability to build personal relationships with real people....investors who need help navigating these markets & want...
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    Managing Other People's Accounts

    Ummmm, no. I do stand SLIGHTLY corrected. IB is an FCM but I don't think they're a clearing FCM. Here's from the NYMEX website for Member Firms: Clearing Members & Member Firms A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | R | S | T | U | V | W | Y A...
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    FREE ES Trading Strategy that works

    ::RINGS BELL:: AMATEUR ALERT! AMATEUR ALERT! Okay, here are three tell tale signs you're dealing with an amateur: #1: Use of the word "tick" (unless PROFESSIONAL SCALPER) Professionals dont' give a crap about ticks. It's about POINTS on ES or DOLLARS on CL. #2: EMA - ex. moving...
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    Investors on Crack

    LOL. I'm ashamed to be a registered Democrat! :)
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    Managing Other People's Accounts

    No CTA I know has their clients open at IB. IB isn't even a clearing firm for futures. They use RJO Brien. Clients will pay whatever fees you can persuade them to agree to. Individually managed accounts are very attractive to shrewd investors. Anything with the word "fund" or "pool"...
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    I think this Swine Flu is for real, manufactured, and will get much worse

    I COULDN'T DISAGREE MORE. Alex Jones has the courage to fight governmental CORRUPTION regardless of how popular it may be. Do your research on government vaccinations, including the smallpox vaccines in Sub-saharan African during the 70s & 80s; and the large gay communities in NYC & San...
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    Is there something that happens to affect the gold market, every 11 days or so?

    Watch the daily & hourly chart of GC for long enough & you'll understand. Draw Support / Resistance lines. Simple enough. :)
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    Futures Trading Platform

    J-Trader is great. Considering how "old school" it is I'm surprised more traders don't speak up about it. It's regarded as very stable & is so good many FCMs white-label it as their own. Between TT's X-Trader (which can be pricey) & some random broker's platform (Think: TOS, OptionsXPress...
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    Dendreon (DNDN) Tuesday. Cure for Cancer? Does stock go to $0, or $75 after Tues.?

    THE CANCER INDUSTRY... Extracts an average of $300,000 USD per cancer per patient. And you fools think some pharma company is really going to find the "cure" for cancer? GL!
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    Why real traders do not discuss gains or losses...

    FULLY AGREED. It's in our disclosure docs, anyhow! :D
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    How did you start trading energy?

    Energy can move quickly, which I favor...but is unforgiving. Very, very exciting market. Right now it's tracking equities pretty closely, whereas it rarely used to. You may want to consider trading the majors, that is light crude & natural gas. I love the liquids sometimes but they're...
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    Looking for a profitable SP 500 E-mini system

    Plenty of traders make good coin. My advice is: PUT IN 10,000 HOURS OF LIVE TRADING. Many of us paid this price to break the success barrier.
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    Honestly...do you really think its the flu that is bringing the market down?

    It's almost NEVER the fundamentals. It's the technicals, i.e. how the chart looks. Failure near 870 resistance invites early selling. IMHO
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    INSIDER SELLING Jumps to Highest Level Since '07

    This is telling: << Gap spokesman Bill Chandler said that “from time to time, based upon the advice of financial advisers, the members of the Fisher family will decide to sell stock.” >> So FAs @ the major wirehouses are beginning to "scale out" some of their long positions...
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    INSIDER SELLING Jumps to Highest Level Since '07

    Insider Selling Jumps to Highest Level Since 2007 (Update1) Share | Email | Print | A A A By Michael Tsang and Eric Martin April 24 (Bloomberg) -- Executives and insiders at U.S. companies are taking advantage of the steepest stock market gains since 1938 to unload shares at the fastest...
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    ES - Rally fading

    These @$$bags want to bang the close, but they don't realize at 871.75 - 872.50 the algos are going to rain down SELL orders...
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