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Boy oh Boy.....this Gm doesn't seem to have a bottom insight. To think that I was buying this spread at -5.....well...thank god for stops, or I would be having a bad year. This is the type of move that puts traders out of business, then retraces within a year. I am watching it...

you name it....and I probably trade it. Retail, financials, oils, gold, drugs, conglomerates, homebuilders, healthcare, etc.

Truth teller...with all due respect...you don't know what you're talking about. There are many ways to skin a cat...and many ways to make money pairtrading. I make a great living pair trading, and have been for the past four years. You see....within the context of pair trading...you have a...

Your numbers don't lie....to make opg orders work you need to have a better rate....make more on your winners...and manage your losers more effectively.

Samson.....maxim #1 .....profits in the market take time. Soros didn't break the bank in a day trade....it was a trade that took time to develop. maxim#2....the more capital you have to trade with....the more money you can make. Give me 200 million to work with...and I will hit the 20mm...

Sometimes I wonder if you're loosing it samson...making over $140k in a year is certainly note worthy...it puts a person in the top 5% of all income earners. Any trader who makes this much or more is a top perfomer IMO. And they certainly don't deserve the title of schmuck. Do you even know...

Show me the irrefutable proof then....I anxiously await your reply!

You sound alot like my finance professor in college who argued that the financial markets are efficient and can't be beat. What he failed to understand....I don't need to beat the market averages to make money as a day trader or a swing trader. I simply need to beat my cost of capital....and...

I make a lot of money day trading...and make a lot of money swing trading. I really believe that you get rewarded for taking risk....as such I tend about 1.5 million in overnight positions every day. My game plan...I use the profits from day trading to provide a steady source of financing to...

So what options strategy to you favor? 8% month is a fantastic number....but think about this....what if you added on a few other strategies...intraday strategies...perhaps a couple of "grey box" type strategies...that would allow you to make enough money to cover your living expenses, and then...

I have traded in markets that are a 40 vol....and traded in markets that are a 12 vol....and made great money trading in both types of markets. The key to longevity in this business IMO is to be flexible and adaptive. This is a game of getting base hits....not hitting the long ball. I am...

My opinion is that it is not about this year or next year....it is about 5 years , or 10 years down the road. If she continues to build the business, she will have a nice customer base....and a very consistent and large residual income. My cousin got into the insurance business working...

Why don't you stop by and see me some time...spend a few days...and judge for yourself if I am or am not consistently profitable. I am in San Diego. Mike

Nearly any job he takes will require him to put up with "jerking around" and paying his dues. His best advice is do decide what he really wants to do, then go that route, and pay his dues.

What firm allows you to take down that big of size on the open, I estimate that you put on about $100,000,000 or more worth of positions? More importantly, where can I get that rate?

Don, When is the OTC market going to make this change?

There are many threads on this topic...do some reseach and you will find all the information you need.

I adjust for beta when I put in my OPG order...but don't evaluate it on a long term vs short term basis. To be honest..I am not sure if there is any gains to had from doing this...I think a better approach is to just eliminate all stocks with news hitting the tape, either after the close or...

By "breaking the back of communism", I meant from an economic standpoint. Interesting point...i think in the states we would call it liberalism. You aren't smart enough to make your own decisions so we will make them for you.

I am sorry I havn't been able to keep up with you guys today..but tradings been busy...and a man's got to make hay when the sun shines. I will continue to educate ya'll a little later on.