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    Anatomy of a Day-Trading Fraud

    I've got to hand it those boys, they did a great Job. If I were in their shoes I'd do the same. I read about this on traderbulletin a few nites ago. Good stuff! triple
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    Article: Bankruptcy Judge Orders Wade Cook Into Liquidation

    Did Wade force anyone to come to his seminars? Did Wade force anyone to buy his products? He threw out a line to see what he could catch and reeled in some suckers. Nothing wrong with that in my book. If the suckers were so stupid to attend or buy, that's their problem. Just like...
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    Article: Bankruptcy Judge Orders Wade Cook Into Liquidation

    Well, well, well............ What have we here??? ? Is it a hypocrite? Look, you're on a traders forum so I gather you're a trader. How do you make your money if not 'at the expense of others'? Hmmmm....? ? ?... All that matters is money. Greed is good. etc. etc. etc...... If you...
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    Article: Bankruptcy Judge Orders Wade Cook Into Liquidation

    OK, but my question is what is Wade himself going to walk away with after all is said and done? If its millions he's a genius. Just a thought, triple
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    Retroactive MTM

    As far as I know an investor who has any capital losses can only use 3k of that per year- 10k in losses would have to be spread over three+ years against any future income. My question is would this change if you elected MTM status? Would you then be able to offset the entire loss amount...
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    Retroactive MTM

    If you are talking about using past losses above the current 3K limit to offset any gains I agree. Say you had losses of 10K last year, then in my opinion you should not have to pay any tax until you've made that money back as long as trading is your only source on income. I'm not quite sure...
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    What Was the Bullmarket Like?

    Two words: High Times No. Let me rephrase that. Three words: High, High Times triple
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    Recent Downtime

    I'm no tech expert, but that diagram you posted the other day about how ET operates may have been a cause of the probelm. Couldn't someone use that knowledge to disrupt the site? Maybe hack it or just plain make it so people can't log in? Just a thought, triple
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    Investments

    Not a chance. Look up in the left hand corner of this page; right between the red arrow that points South an the green one that points North it says elite TRADER! Trader, not Investor. So, unless Baron decides to open a sister site or something similar I guess your idea is SOL. BTW, 8200...
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    Tradingmarkets.com

    Open up your eyes people! TM is in the business of selling subscriptions, books, videos etc....... The guys on there may have traded early on in their careers and lost, so they went into hawking products thru the Net. $100 books, $2000 videos, $500 trading subscriptions, c'mon give me a...
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    Jocke's 1-year goal

    Hey, don't you dare lecture me: I've been trading for a decade now, that's longer than you and probably longer than 99% of the people here. I stand by what I said and that is paper trading is meaningless. If you want to observe a contract/stock that's OK, but to base future trading...
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    Jocke's 1-year goal

    No flame here, but the above results are meaningless if there is no $$$$$$$$ on the line. When you trade with with money your entire thinking process will be different- you psychology will change, your outlook and personality will change, etc... etc........ Only way your gonna know if you...
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    Where Have All The Traders Gone?

    Well, let's hope the Market can weed out all the scum. loansharks, misfits, and bashi-bazouiks. Then the rest of us can clean up. Just a thought. triple
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    Claiming Traders Status

    I did a search on this and didn't find much. I believe you have to claim it in the first couple months of the new year by sending a in a form to the IRS. My question is what are the benefits if any of claiming traders status and is it worthwhile to do so? Have any of you claimed traders...
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    Jeff Cooper off RealMoney

    Cooper didn't get it 'right on the money'. What happened is he stuck his neck out and called a Fall rally. The DJI was trading at 8200 or so when he made his call. It promptly went to 7200 which was the absolute low that has held so far. He was off by a good 12% or so, and waaaaaayyy...
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    4 Trillion

    I've been hearing about billions/trillions on the sidelines just waiting to be invested for a few years now. What is the authenticity of that number? trillions according to whom? Personally I don't believe it. Kind of like the fudged government stats. It makes for a good discussion topic...
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    Simple Vix Question

    VXN is the vol indicator for the Nasdaq. triple
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    Futures Contract Specifications, Question

    Anyone have an up to date link about futures contracts and thier specifications- I'm looking for contract size, tick value, etc.... I did a few searches with no luck. TIA -triple
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    Adding to a losing position..right or wrong?

    In this market, I don't add to a losing short position, but do add to losing longs. The reason is that I believe the major short opportunites are just about gone vs. 1-2 years ago. Nowadays, I buy a small position, and if it goes against me I average in, and then average in again, which...
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    Hawaii TONIGHT

    Hey, I didn't mean to insult you, but your post just struck me as funny. Thanks for the laugh and good luck tonight. Have a good time. triple
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