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    Is this a lucrative strategy?

    I don't recall mentioning any of those publications is my OP...
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    Is this a lucrative strategy?

    I wouldn't put it quite like that. I don't know wether to look at it from a chart pattern perspective or if its a way to judge the price action in these scenarios. Like I said before I'm a newer trader I haven't really tested these kinds of trades in real time but I think its something worth...
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    Is this a lucrative strategy?

    Heres today's dow chart since I trade the YM. Probably not the best example but an okay representation of what I see happening a lot of the time. A recent higher high is made and the next push fails to reach that high or make a new one. I'm sure there were other factors playing into the large...
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    Is this a lucrative strategy?

    I recently read about a setup that involves shorting after a push to make a higher intraday high fails. It's somewhat new to me since I'm relatively early in my training but I was curious how many of you guys look for these kinds of patterns. Looking at past intraday charts it looks like it can...
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    Section 1256 contract or straddle

    I used turbo tax online. The deluxe edition has the form you're looking for.
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    GHCO-Chicago

    Wow I think you're being really sensitive about this. It was an amusing interpretation of this guy's bootcamp and quite frankly I think that anyone who responds to that kind of leadership is a joke themself. If you want to get into trading because some big-mouth prick tells you how rich he is...
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    Millionaire traders

    I agree. But a steady blow habit must set you back a bit eh?
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    Daily Trading Tunes

    http://youtube.com/watch?v=E1RsWqNIIAA whos gary cooper anyway? maybe im too young
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    Turbo Tax and 1256 Contracts

    Sounds good, thanks guys.
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    Turbo Tax and 1256 Contracts

    2007 was my first year trading futures and I'm having some trouble figuring out how to file. I got halfway through a free e-file when I realized it wouldn't allow me to complete that form. Does anyone know what edition of turbo-tax will have what I need (1256), or any online filing service for...
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    Thoughts on this chart.

    soooo Bernanke uses technical analysis?
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    More o' CSUN

    im convinced.....been following this one for a while.
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    Largest short covering rally

    I guess we'll find out tomorrow. The next couple of sessions will be very interesting.
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    Do you (or someone you know) borrows money from the bank to invest?

    I borrowed some money to open my first futures account from a credit card @ 0%. Blew out the account a couple of months ago....still paying the money back. Believe it or not I'm actually not regretting the decision. I would have lost the money anyway so I'd rather learn some lessons now rather...
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    Trading Computer 4 sale

    I might be interested in just the monitors. What model are they?
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    Augment Trading with Real Estate

    OMG I bet you dedicate 50 hours a week to it like a doctor or lawyer.
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    Augment Trading with Real Estate

    I'm not talking about full on becoming a huge property developer. I'm thinking why not buy something while the market is depressed, letting some company deal with the renters for a percentage of the revenue and hold on to it long term. Make sure it looks good enough on paper to break even and...
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    Augment Trading with Real Estate

    That's interesting you mention that. I'm moving to Chicago in a few months to start my career trading but I'd also like to dabble in real estate and buy some rental properties. In my research I've been surprised how affordable apartments are comapred to other big cities. I don't really want to...
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    Knowing when to get out

    glue, I'm new to futures too and just had a two week run where I blew out so I definitely know how frustrating it is being stopped out a lot in chop. My advice would be to not push it and continue to make trades when you see that the market is chopping, you'll prevent overtrading and save...
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