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    Steps to becoming a great trader

    Examples: http://elitetrader.com/vb/showthread.php?threadid=165430
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    How is "money management" for traders different from large fund management firms?

    Here is the difference: http://elitetrader.com/vb/showthread.php?threadid=165430
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    Information - Us v. Them

    Here are some good examples: http://elitetrader.com/vb/showthread.php?threadid=165430
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    Who's Who of Rough Traders

    "Table of largest rogue trader losses" http://en.wikipedia.org/wiki/Rogue_trader "A rogue trader is an authorised employee making unauthorised trades on behalf of their employer. It is most often applicable to financial trading, and as such is a term used to describe persons - professional...
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    Who's Who of Rough Traders

    " List of trading losses The following contains a list of trading losses of the equivalent of USD100 million or higher. Due to the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public. The list is ordered by the real amount lost...
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    Who's Who of Rough Traders

    "On February 28, 1997, NatWest Markets (NWM), the corporate and investment banking arm of one of the UK's largest banks, National Westminster, revealed that a 50 million loss had been discovered in its interest rate options and swaptions trading books. The loss figure escalated to 90.5 million...
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    Who's Who of Rough Traders

    "Jérôme Kerviel (born January 11, 1977)[1] is a French trader who has been charged in the January 2008 Société Générale trading loss incident, resulting in losses valued at approximately €4.9 billion.[2] Société Générale characterises Kerviel as a rogue trader and claims Kerviel...
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    Who's Who of Rough Traders

    Watford-born NICK LEESON brought down British bank Barings in 1995 after losing £860million on Asian markets. http://www.stock-market-crash.net/barings.htm http://www.advancedtrading.com/showArticle.jhtml?articleID=206902512
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    Who's Who of Rough Traders

    John Ho Park During 1998 Overnight limit 50 lots Actually carried overnight 10,128 lots Loss 6,300,000 pounds http://www.independent.co.uk/news/business/brutal-lesson-behind-the-griffin-failure-1045711.html http://www.fsa.gov.uk/pubs/additional/574.pdf
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    EUR/USD to 1.55!!!

    Which market is better for real traders: Stock index, or Forex? "$55 million insider trading allegation" http://business.theage.com.au/business/55-million-insider-trading-allegation-20090529-bqbs.html Q It says he was told: "The market is expecting Merrill Lynch in New York to come out...
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    Why DON"T "profitable" traders take the time to train people remotely and for a fee?

    Why DON"T "profitable" traders take the time to train people remotely and for a fee? Or running any service related to trading, or a hedge fund? Antithesis of: http://www.elitetrader.com/vb/showthread.php?s=&threadid=161769
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    Characteristics of a Successful Trader

    A very interesting thread! " Characteristics of a Successful Trader?" My guess: Probably (s)he would cease any posting on ET, especially a thread like this one!! :D
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    Experts Analyze my performance

    68+23=91<>100 (68*1536-23*1253)/100=756<>538 66519+756*100=142158<>120863 <>81.70%? ??? Anyway, very good performance indeed for these 100 day!
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    EUR/USD to 1.55!!!

    You'd be probably right. My understanding, which may be wrong, is some professional investors or traders trading or investing in international futures (index or else) or stocks would have to trade or invest into forex, either directly by themselves, or indirectly through others who are...
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    EUR/USD to 1.55!!!

    Good comment! However, that's not exactly the case. For a monthly investing system, you don't do any weekly micro-managing regularly on the trades at all, basically. For this weekly fading system, several micro-managing decisions/ actions, as mentioned before, are to be made on weekly...
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    EUR/USD to 1.55!!!

    The approach of this fairly simple system for those trades below is a fading one (i.e. long when trending up, and short when trending down), to trade against the trend. I think basically almost every trader with fading methods would be probably able to generate the similar directional signals...
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    EUR/USD to 1.55!!!

    Updates: Week 27Apr Long 1.320/ 1.332 +120Pips Week 4May Short 1.332/ 1.363 -310Pips Week 11May Short 1.363/ 1.344 +190Pips Week 18May Short 1.344/
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    EUR/USD to 1.55!!!

    Looks like currently 1.325 is being established as a short-term R/S level, awaiting further significant news in order to move to its intended direction.
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