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Actually, I've changed the oil several times at a local garage... And the 2004 BMW 330i M edition runs great... So everyone can relax. BMW is not a car company... it's a Cult. They want me to jump through hoops like a trained seal. The point is... Once you start making a certain amount...

Is that you Mr. Niederhoffer?

Not surprising. I have an $70,000 BMW for 3 years... And I have NEVER taken it in for free service at the dealer... Because I might miss one hour of trading. Most BMW owners would be shocked at this. And my time is only worth $300/hour. A large hedge fund manager's time... Could...

Jane's Addiction - "Been Caught Stealing" http://www.youtube.com/watch?v=Rc53eG1Gbv0

The Dude who runs Quantumonline is one strange guy. The information can be useful... But the site looks exactly like it did in 1999. The Dude is always begging/threatening people for donations... But is you throw him a Bone... He flashes an insulting message labeling you a "Token...

He probably means this guy: http://www.riskdoctor.com/interview.pdf

"weighs in"? Making fun of short, fat people is in poor taste.

Your idea that you will make a zillion dollars on a shoestring is a FANTASY. You don't seem to be aware... Of just how brutally, ruthlessly competitive the business world is. The reality is: Most high-tech businesses have slim profit margins in the 5-10-20% range... So for every...

I have placed about 2,000,000 NYSE Limit Orders... And probably < 1000 Market Orders, only in an emergency. A trader has only 2 ways to make money: (1) Exploiting inefficient markets. (2) Exploiting the bid-ask spread. By using Market Orders you are doing 2 things: (1) You...

I have been market neutral for 15 years over 500,000 trades. The smartest thing you can do... Is decide to be obsessively market neutral for the rest of your life... Except sometimes you might go 60/40 long or short. That's right, you will only practice various forms of relative value...

If you read the last 10 or 15 IB ratings... Half of them are spammer rants. This proves ET allows SPAMMING of the Broker Ratings. Therefore... The brokers ratings now have ZERO credibility with me. I'm surprised some large broker hasn't sued the ET owners... Or the NASD hasn't asked...

I also came to trading via sports betting... Classic sideways move between Zero Sum Games. In the mid-90s I viewed Cramer as some sort of guru... Today, after 15 years in the business... I wouldn't waste 60 seconds watching or reading about Cramer. I'd rather totally waste 60 seconds...

This all in theory... Assuming that you are Bright Trading... And you are dealing with an honest Clearing Firm... And have real clout. I've made 500,000 trades over 15 years... And probably placed 2,000,000 Limit Orders. I would never, ever follow your advice... To send Limit Sell...

That article is total bullshit.

I love this one... Comparing the "tulip mania"... To a 7% decline in the S&P 500 from all-time highs.

No serious trader uses FREE QUOTES for anything. IB free quotes are a joke... Yahoo free data is riddled with errors. How can anyone be unaware of this??? The reality is... Zero resources go into something given away for free. A much more SERIOUS problem... Assuming one has all...

See 2003 levels for CFC. See CFC crash through those levels.

Yes. You need an experienced lawyer to produce a Partnership Agreement... Cost approximately $5,000. And you will need a good CPA to do an annual audit plus taxes... Cost approximately $5,000 annually. This way your Partner(s) will trust you. If you try to skimp on this... you will...

Bottom fishing in a hysterical selloff... Is the DUMBEST move you can make. It's ONLY for very well-connected, experienced Pros. This is like the 2002 Energy Sector selloff... A lot of "quality" companies will be $0.10 to $0.20 on the dollar before it's over. No one really knows how...