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    Madoff Seeks Leniency at Fraud Sentencing

    ABSOLUTELY. There are a lot of very elderly people now who will in extreme poverty because of this crook who trusted him. Instead of a quickie violent crime, many grandmothers and grandfathers will suffer for years, with absolutely no way to get back into the work force and start again. For...
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    A trading edge is the easiest thing?

    Of course it is not worth your time. You thought you could say a lot of unfounded things that were very incorrect, and everyone would fall over and pour effusive gratitiude all over you. You are a long distance from a knowledgeable trader. If you don't like criticism, then stop spouting...
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    A trading edge is the easiest thing?

    Absolutely untrue. Where do you think UBS, Morgan-Stanley, Bear and others made thier profits the last decades? They arb. They have expensive quant and other facilities to take advantage of market inefficiencies (even very short term). They offer advantages to wealthy clients, for...
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    JP Morgan Chase Setting Up For Massive Credit Card Default Problem

    No, it is on the ENTIRE monthly balance: Forced to Pay More Every Month ... "Millions of consumers who carry monthly balances are getting hit with higher minimum payment requirements as card issuers start implementing guidelines issued by the Federal Reserve, the Office of the Comptroller...
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    Hard core frugal livin' traders

    true. People think it is much easier to spend a couple hundred for a trading book and get rich trading, rather than spending 6-7 years to get an advanced degree and spend all that time and money. Anything that is lucrative usually takes a lot of time, money and effort. Otherwise everyone...
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    Just a few questions about investing in oil

    Longterm trades are just as much a guess as short term trades. Usually, the research I have seen indicates it is useless to predict more than several days out. Usually, the market has already priced in most of the news, expectations and other factors. People thinking they know the market a...
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    marketclub

    If you do research, you will find very very few people have good experiences with the $200/month or $8000 "tuition" or other similar sites. They rely on you to believe them. Very very fwe prove their studd works with convincing proofs. That is because they usually DON'T work And I didn't...
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    Anyone subscribe to firsthourtrading.com

    I and most others here didn't start off by asking about unknown websites, and then have 1-2 others who just started off by showing strong interest in the same site at the same time. Again, rarely do people with hundreds of posts behave like this. It is almost always the spammers who starts...
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    Anyone subscribe to firsthourtrading.com

    Spammers and shills create the hostile environment. And when you look almost identical to their MO, you are going to get questioned hard. Again, why is it always the people with < 10 posts who ask about specific advisory sites?????
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    Are there any Trading Educators that work?

    In other words, once you pay for the course, you have to start over and learn how to trade. That is kind of like all the other "courses" or "advisories" worki...
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    Beautiful ES slam-dunk trade

    but without posting the others that did not work out, whether they were just as clear, showing the one "that works" is not much help. That is what "advisories " do - show theie "sample" trades nad gloss over losers.
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    Democrat Detroit lawmaker Monica Conyers pleads guilty to taking bribes

    Why is it always a "trying time" for a criminal/family, and they hope they will make it through together? If someone shoots another person, should we be concerned for the fact that the murderer now feels depressed? Why does the press ever focus on the perpetrator and their "trials"?? Like...
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    marketclub

    If they don't have a verifiable track record, then they are only teaching you how not to succeed. Verifiable meaning they post ALL of their trades in the site and allow you a free trial to verify the trades are real, or trades are audited by a real broker or an independent site (timertrac...
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    Just a few questions about investing in oil

    Yes. You don't "play" the markets. That is called "gambling." And the best information is not to trade this or any other market until you can outperform WELL for at least SIX MONTHS on sim and them for at least a few months trading TINY AMOUNTS. And you must account for slippage, commissions...
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    High Probability ETF Trading

    Not true. I know of at least 3 commonly known and widely used edges that still work reasonably well. They would all be known to most seasoned traders here (no, I will not be listing them, as some newbies will be PMing for them - do your own homework).
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    Hard core frugal livin' traders

    These are VERY BIG assumptions. The vast majority of traders will be well into years 5, 6, 7 ... before finally figuring out how absolutely difficult longterm, lucratively profitable trading is. And they may say "this year, I am finally profitable, before the following year(s) realizing they...
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    JP Morgan Chase Setting Up For Massive Credit Card Default Problem

    I do not think this is Chase' directive or plan, but there was a "forced" agreement through the congress/fed govt I believe that charge card issuers would require higher minimum payments each month, because some people were owing more each month, because they were not even keeping up with the...
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    If edge is hard to get, why traders keep trading?

    disagree. Most people do not have a positive expectancy for any length. That is easily problem #1.
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    Madoff Seeks Leniency at Fraud Sentencing

    I prefer to see him forced to practice fire-walking 50 times a day for the rest of his life, wearing a blindfold, hands and feet bound and gasoline-soaked slippers
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