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ugh..you just put the whammy on my TOL long . :eek: :D

heres how I look today....will cover GS if it gets to 92`ish. let it ride baby!

7 - Am I trading because it sounds exciting, sexy, prestigious or to get rich quick? Don't start if you answer yes to any.

It was a great month for me. Big swings all over the place.

The open looks bad for my shorts. CLF and X are both up a bone premkt on positive comments. If CLF breaks 61.3 i`ll cover on a stop. Took a short in the Q`s yesterday afternoon @ .09...will be buying them back on any weakness below my price. Overall the week has been good. Made about 18 points...

Bullshit. I close friend of mine started in ops at MER taking in wires and went on to become a trader on the Asian Pac desk after 4 years.

Great job...but WTF would you be eating at the Olive Garden if you make that kind of coin??? :D

ahh..thx.

whats that "loss from top"?

thx. I certainly don't need training. Just goodrates, leverage,stable platform and NO DESK FEE...biggest scam going....like my comm doesn`t cover data..please

PLEASE don't TURN THIS QUALITY THREAD INTO A PISSING MATCH. sorry for shouting....but it needed to be said. Going into the open things look good. I have to admit my luck has been tremendous since joining this thread so I aint going anywhere! Bought OXY yesterday and its indicated up a...

well you can see the size I trade. 100 lots or less mostly....but my strategy is scalable. Since I play for big moves in individual names I could move size no prob.

Hey there Seth, I am not setup for that..but at that point I was margined to the hilt with only 700 in excess so I wouldn't make a diff if I was. Thats 700 little not big :D . And yes I covered 2k @ .75 and .65...have an order to buy back the last lot at .55. Doing OK so far..covered...

Would you mind elaborating?

Any prop traders from Long Island here? If so where do you trade? I am seriously considering going pro (again..bad experience with Worldco)..have my 3,7,24,55,63,65..all still valid. Have spoken briefly to Genesis about remote but they want to lock up cap for one year....unacceptable. Not cause...

Good luck man! I don't know anything about your strategy but I will say this. Trade small and take your lumps lightly. After 20 or 30 trades figure out what your avg win and lose is. Then at that point don't EVER lose more than 50% in one day of your avg winning day. I.E lets say your avg...

First you would have to recognize capitulation in the form of price and volume. Then $ cost avg in. Thats the only way to go...and have a looooong time frame. I have considered this in the U.S markets before. You know that old statistic that most % returns are made in so many days a year? Well...

This is where I stand with open positions today. Gonna lock in WFMI on the open. Good luck to all today! Also posted best and worst positions with entry graphed.

He wont. I mentioned way early in this thread that trading managed accounts to create returns superior to an index fund was a service trading offers and he chose to ignore it. This whole thread is based on circular logic. "oh gee whiz......trading offers nothing to society....oh...

looks like it may be a good May day for me...2 of my positions are indicated up a few bucks...and I also took an abnormally large Q`s short on the close last night for a quick .20-.30 punt(I hope! :D ). Good trading to all today