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    Trading made simple

    The courage? LOL. Why would I be scared of ET? I will post it shortly. I'm in the middle of trade right now so you're gonna have to give me a few min's.
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    Trading made simple

    Yes it does. Best in chop, which is why I'm doing this right after the bell. Opening orders are placed for no rhyme or reason at the opening bell. You either want to get in or you want to get out and those orders push the market to quick extremes during the first 1/2 hour to hour. Once that...
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    Trading made simple

    Those were my working orders that I was moving back and forth based on the price movement. The strategy here wasn't all that complicated. Just draw a diagonal line of support through the bottoms and you'll see where I'm buying. The exits are a bit tougher to explain but there's some...
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    Trading made simple

    To IronFist, this isn't a martingale strategy. I get X amount of triggers/contracts that I cannot exceed. If they don't work I stop out. To Palatine, I don't pick bottoms before Oil Inventory numbers are released so I didn't take that drop but I did take the one subsequent to that. I gave...
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    Trading made simple

    When the street is selling I buy. When the street is buying I sell. What could be easier than buying the bottoms and selling the tops? Stops are getting hit on each subsequent bottom down there. What happens when stops get hit? Cha-Ching!
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    Is Everyone Having Fun Today?

    Here here! Crazy up and down is great movement for a day trader. Buy weakness, sell strength. Most traders are very afraid of selling something that points straight up or buying something that points straight down. It's not that hard but you do have to be patient. Gimme more of this tomorrow!!!
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    London, UK is not cool anymore - I'm leaving

    Not to mention the tax they charge you to park on the street and to watch the BBC. I'm surprised the British Gov't doesn't tax by the pound of shit each person delivers. Whoa! That's a pretty big loaf. "A pound for every pound" Parliament says.
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    London, UK is not cool anymore - I'm leaving

    See if the US will let you in. You probably got a good 4 years before taxes in the US match those in the UK but whatever you do, do NOT get sick. Even WITH insurance you are screwed if you get sick. Your health may recover but you'll be financially ruined. <b>Welcome to America!</b>
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    so i got millions, now what?

    Somehow I missed the word "Poker" in between Internet and Bubble. Never mind, I'm putting my drunk ass to bed. "I consider myself to be a very lucky guy. I had the opportunity of a lifetime four years ago when the Internet <i>poker</i> bubble was at its peak. I profited massively and made...
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    so i got millions, now what?

    There ain't no teenage kid on the planet who wouldn't piss himself in excitement by generating a 10k profit, and gladly take it, no less a $1M profit. Think about this....your 17 freaking years old, you put on a short, it turns into 10k profit, what do you do? That's more money than you've...
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    so i got millions, now what?

    ROTF spitting out my beer. I read about 1/2 of what the OP wrote and figured I'd fast forward to the responses. Great one Sunshine. You made my freaking night. I'm pissing my pants laughing here..... :D :p
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    market opens up big then will DROP

    It's going to open down. Buy the weakness.
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    Learning to trade crude?

    Watch what happens when the price goes +/- 3.5 sigma and if the volatility increases to where it was a few months ago roll that out to 4 sigma. Do yourself a huge favor, trade this monster on a simulator for as long as it takes to get comfortable. This is easily one of the hardest contracts...
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    Raising money - what am I doing wrong?

    This definitely plays a large role. Investors are upwardly biased and even the sophisticated ones don't fully understand how anyone can make money in a bear market. I've explained selling short to a large number of people and no matter how often you try to explain it they just don't get it. A...
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    Raising money - what am I doing wrong?

    Been through what you are going through and most of the replies you have received are right on cue. I got a bit lucky because people approached me to trade their money so I had a client base off the bat. Once you make people money you'll have no trouble finding more money. The problem is...
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    Please help a struggling Index trader

    You are making the most common mistake a losing trader makes -- you are relying on timing the market and not using money management. Your losses are teenee, tiney losses. Your entries are very, very close to mine today and I made money on all those trades. I don't ever put my entire line on...
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    YM Session Levels

    Very interesting stuff!
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    Knowing When to Trail Your Stops?!?#@

    It is your job as a trader to make money. It is not your job to catch monster moves or predict when a move is going to occur. How could you possibly know? You can live very, very well catching a crap load of minnows.
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    Knowing When to Trail Your Stops?!?#@

    Every freaking body has the same problem. I solved it by taking profits every time. 50% of the time I'm glad, 50% of the time I'm sad. It all comes out in the wash. Take profits like a fool. Who cares what happens next.
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    Never in my lifetime would I have thought to see AIG at $18.......

    I will be a buyer of AIG if the price goes above today's high in a fairly short amount of time. A setup I see on the futures a lot is the price going below a well established low by a few ticks and immediately turning up on very strong volume. The same thing happens with stocks.
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