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    Trading is a zero sum game

    Simple Equation FGL=futures gains on longs FGS=futures gains on shorts TFG=total futures gains Also keep in mind that FGL=FGS*(-1) SGL=stock gains on longs SGS=stock gains on shorts TSG=total stock gains Also keep in mind that SGL<>SGS FGL+FGS=TFG=0 Therefore futures are...
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    Trading is a zero sum game

    The only way the stock market would be a zero sum game (ever) would be if there was an equal short for every long, as there is in the futures markets. I guess I should have included two other things in the equations above. FGL=(FGS)*(-1) SGL<>SGS It has nothing to do with value. It...
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    Trading is a zero sum game

    FGL=futures gains on longs FGS=futures gains on shorts TFG=total futures gains SGL=stock gains on longs SGS=stock gains on shorts TSG=total stock gains FGL+FGS=TFG=0 SGL+SGS=TSG=X X does not equal 0 To be a ZERO SUM GAME the equation must equal 0 at all times.
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    Trading is a zero sum game

    If you want to understand why Johnny can't trade, just read this Zero Sum Game thread. Johnny wants to complicate everything rather than strip it down to the bear (no pun intended) necessities. Hell, Johnny can't even solve a simple equation or understand the concept of secondary markets...
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    Why Johnny cant trade..........

    If you want to understand why Johnny can't trade, just go read the Zero Sum Game thread. Johnny wants to complicate everything rather than strip it down to the bear (no pun intended) necessities. Hell, Johnny can't even solve a simple equation or understand the concept of secondary markets...
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    broker friend says get long again!!!

    What about the October nasties???????:D :D :D
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    The Grim Phantasm FEAR

    For me I have found that KNOWLEDGE is what conquers or removes fear from my life, in most cases. The knowledge I have gained over the years as to what setups have a high probability of profitability gives me a level of confidence which has helped remove fear from my trading. This doesn't...
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    Pristine ESP Alert System-any comments?

    In 1979 I started as a fundamental "INVESTOR" (investor meaning my intent was to hold long term). Over time as I became successful with this method, I realized often no matter how great the fundamentals and the prospects were for a stock (company) as the general market went down so did my...
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    anyone used Pristine? Good or bad review?

    breezy1 Take a look at this thread. http://www.elitetrader.com/vb/showthread.php?s=&threadid=8850&perpage=6&pagenumber=1
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    Wavp

    I wonder if you mean Volume Weighted Average Price? Check out this site. http://www.linnsoft.com/tour/techind/iwa.htm Hope this helps.:) Good Luck
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    VIX at important level

    Chasinfla Are you directing you question to me, ramuk or someone else? If you are directing it to me, the answer is not at all. I just posted the chart for the benefit of individuals on this thread asking about the VIX in 1987.
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    VIX at important level

    The attached chart is the VIX in 1987
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    Why don't more women trade?

    I must say also, I think this may be the best post I have ever read on ET!!!!!!!!!!!!!!!!:D :D :D :D :D
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    Gordon G.

    It will make more sence when you get the email.:)
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    Gordon G.

    I wanted you to see this but I didn't know how to do an attachment in a PM
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    Aphie

    take the painting as it progresses and determine the style of the current day's painting?????????? I must say I find it amazing the trading wisdom I see in the above quote came from a 25 year old with basically no trading experience. In my opinion, aphie has been asking some very mature...
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    broker friend says get long again!!!

    You wouldn't happen to be Lundy's cousin would you????? :D :D :D :D
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    Bond fund guru predicts dow 5000 and other cheerful notes

    Bill Gross seems to me to conclude that it is necessary to enter the market when the dividend yield is greater than 4% in order to get the average (inflation adjusted) return from the market. SSSSSSSSOOOOOOOOOO What? He bases this from 1900 and taking the average inflation adjusted return over...
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    Trade many stocks or a few

    I have found for me it is better to trade a very small number of stocks or indexes for my daytrades. I will generally pick from about six that I like to trade, depending on which ones are trending, consolidating, etc. Then I will daytrade only one or two of them for days and days at a time...
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