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    Very hard time taking loss:(

    Completely true. When I entered to Wall Street, I didn't know that I will be facing two major unexpected obstacles, the following: 1. The problem is not from outside, it's from the trader himself. His ego make him to refuse to see the truth, to accept that's his is wrong. 2. Refuse to...
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    Are the NYSE Specailists crooked or fair?

    In my previous posts on the observation thread, I mentioned that an electronic system is better than the specialist system. This doesn't mean the specialists are bads or crooked as present in our perception. In contrast, the specialist are designed to protect investors by ensuring a fair and...
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    1% a day consistently: possible?

    Just to clarify something here, in your description, briefly stated above, indicate that 1% day on average while in the poll question was 1% a day consistently, no down weeks: possible? In my opinion, yes it's possible to realise in 1) but not the one shown in the poll question. The question...
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    Who on this forum you learned the most from?

    That's will be between you and me.:eek:
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    $100 million possible?

    $100M! Not even think about it. Why would you need so much money? What you will do with those moneys? Do you agree with me if we reduce the amount to something smaller but we're still making sure to have a nice living with that. We will have to do in two steps, first remove one zero and...
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    Observations on the NYSE specialist.

    I agree, and they had chosen a victim (Martha Stewart) to punish just to show the public that they are anti-corruption and anti-manipulation. I believe a lot of others do bad than her, it just they didn't get caught.
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    Who on this forum you learned the most from?

    ElectricSavant - For his excellent contribution, a lot of posts and will reach 10000 soon; we will celebrate for that.:) nononsense - I just learn that there's a no-nonsense in Wall Street.:) Before I falsely thought that Wall Street is composed of nonsense, stocks move up/down crazily...
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    Do market makers see trailing stops?

    Yes, once your order got activated.:) Before that just your Broker who can see it or exactly if you prefer your Broker's computer, not your Broker's personnel. Market Maker has no interest to see trailing stops order in the queue. Any expert who can confirm the above statement is not true...
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    Observations on the NYSE specialist.

    Please remember that the purpose of this site is for sharing knowledge and a possible knowledge transfer, its title is Elite Trader. New traders may like to learn good trading experiences from you guys, not something like the above. Best regards.
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    Very hard time taking loss:(

    It looks your number of gains is greater than losses then mathematically you can win by cutting the amplitude of a single lose to equal or less than the amplitude of highest gain. Let say the highest of your gains is 224.36 (from your data below) realised on Jan 17, then your single lose should...
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    Observations on the NYSE specialist.

    I don't think that people who support for the change are strictly want for their advantage based on the following reasons. 1. The change will not be implemented immediately, may be for the future generation. 2. If the change were made, it's still not sure that the new rules will work for their...
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    The best investor of his generation

    Do think Buffet is really better? How we define better since Buffet seldom pull out the money from the market. He don't expend those moneys, I wonder for what he's working for! To become the world richest man one day, maybe; but Bill Gates still hold on. I think Jesse Livermore is the best...
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    Observations on the NYSE specialist.

    You guys all have a very good points and solid arguments about the possible unfair trading process provided by the Specialist from time to time. Is it possible to team up and raise this concern to the NYSE Chief Executive Officer? He will probably listen to you guys and regard your...
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    Moving Average Stock Scanner

    Go with this site at TECHNICALS section: http://www.marketwatch.com/tools/stockresearch/screener/default.asp?siteid=mktw It's reliable since it's now part of the the DowJones Co. However, it gives delayed quote. I wonder if they can give real-time quote with subscription, pay a regular fee...
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    Random OR Non-random Walk?

    The difference between researchers and traders is the researchers are still working for a regular wage while traders are paid/unpaid by the stock markets. And the truth is the Market is composed and driven by traders, not researchers. In my opinion, A Random Walk Down Wall Street is true at...
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    Why not share your winning strategy?

    I guess your main priority is not about dividends it's about price appreciation. Are you concentrating to trade uniquely on the companies in S&P500 or on other thousand companies outside S&P500 that couldn't pay dividends?
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    How long did it take for you to become successfull at trading?

    So we make sure that we deactivate the Block Popup Windows in our browser in order to receive them.
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    Why not share your winning strategy?

    Yes, it's a zero-sum game. It couldn't be a zero-sum game with one condition if the total dividends that corporate pays back or buy the shares back exceed the IPO value. How many successful companies, like Microsoft, IBM, Google and so on are able to do that. Here we're not considering an...
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    Why not share your winning strategy?

    No, it's not applicable for him since he trades on Forex while Larry Livingstone traded on NYSE. You give him a strategy that he need to convert from stock to currency. Give something that doesn't require extra work to do. Kidding. capamando, trading is not the same science as mathematics...
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    Very hard time taking loss:(

    What I had learned about not accepting losses is like having two sword that simultaneously stab in the chest. 1. When wrong: losses continue to grow since not exiting, in fact whatever exit or hold, a loss was already built up, it's a real loss. 2. When right: Cut the winning quickly since the...
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