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    Unionomics

    Unions are a natural function of the free market system. They are workers answers to the power of corporations, many workers to one corp, means the corp has the power. When workers band together they take back some of that power. No union would destroy the company that they work for, and if...
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    How to trade without paying commission?

    Trade direct access and only use ecn's that have positive rebates, buy and sell on NSDQBX, get .85 per 1000, get less than .85 per 1000 in commissions (you're gonna have to do lots and lots of volume). Thats the only way I know of.
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    John Carter - Hubert Senters - tradethemarkets.com SCAMS?

    Right now I make ~200 a day scalping citi. As I get more comfortable I've been upping my size with the same strategy, so I'll be at 500 a day in about 6 mos. 1000 a day in a year or two. Of course anything can happen. The strategy is fixed, and has performed over many different market...
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    John Carter - Hubert Senters - tradethemarkets.com SCAMS?

    A trader who is profitable will never want to do anything else ever again. You can deal with people and make money as a salesman, or you can trade your strategy and make however much money as you want. A pro trader selling his training services is like Eli Manning charging 20k for teaching...
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    SMB Capital New York

    You can get the same, if not better training at a true prop shop, even with 0 experience if you are smart and willing to work hard and long for no money. A true prop shop is highly invested in your success. If you don't win they lose. Though a true prop has to trade its traders, aka cut...
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    EchoTrade or Hold Brothers

    A true prop shop will give you capital to trade with, and train you. I worked for a deposit shop first, got 0 mentoring, and wasn't able to hold positions overnight, which makes sense. Then I was recruited by a TRUE prop shop, and can't hold overnight either, but was given training (not much...
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    Where are the TRUE Prop Trading firms?

    Advice: Post your resumes on monster so that employers can search them. In ny there is a firm hiring that looks there. No deposit bullshit, true prop, great traders and mentors. I love it, lots fail though, and it takes a while to learn, no pay, only profit split. I'm not allowed to...
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    Looking for a career in Trading, need help

    can u do hft? track record?
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    Why Trade When You Can Trade?

    99% of people can learn a trade, 99% of people fail at trading. Me, cause the summer I did drywall to build capital for my first trading account taught me one thing, back breaking work is hard. Anyone can do it, but there is a price to your body, quality of life, etc. With trading you get...
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    RSI: Selecting the best period?

    Having the period set to 1/2 of a "cycle" length that you are trying to trade. Ex. if it takes 50 bars on average to go from bottom, to top, to bottom, then a 25 period rsi will work best. I use an adaptive RSI that I designed, as the cycle length is always changing. Then it becomes a...
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    Where are the TRUE Prop Trading firms?

    Any in the list above are good. I work for a prop that is good, the only fees are 300 for background checks, etc. also there is a 190 a month data and platform fee. They have great mentoring and are listed on Monster.com How much trading experience do you have?
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    Edgx Rebate Increase

    Some ECN's pay for adding liquidity and others pay for removing. So you can buy at the bid or sell at the offer, and try to make a full penny making profit plus rebate, or if you don;t think you will get a fill at the penny you canclose your trade at a ECN that pays to remove liquidity, so you...
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    $90 dollars to invest, where to begin?

    I'd say OandA or FXCM Micro(more leverage, though that may be over now), it takes a long time to learn how to trade. I started with $100 when I was 15 at OandA, I ended up losing about 3k in the first 3 years of trading, but have made 20k in the 4 years after that, and now I just got a job as a...
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    Cramer announces fed rate cut on national television - futures move sharply higher

    Any man who try's to stop a man from saying that should be shot. Freedom of speech. He's no inciting the actual killing of a person. The law provides for a great deal of hyperbole.
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    Need help with Foreign Stock/FX risk

    You should also take into account that usd/jpy is going to fall this year.
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    An UP Friday means an UP Monday

    hahahahahah bulls in the market. yeah right. Timber....
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    Cramer announces fed rate cut on national television - futures move sharply higher

    Hah, I watch cramer when nothing good is on comedy central. Sometimes I trade against him for fun.
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    Maximum % %Loss of Equity for "Longer" term trades?

    why not lower position size so you can risk say 1.5% total on those 10 positions and 6xatr. Sure you'll make "less" money, but think about this. system a. 100% a year dd 50% system b. 20% a year dd 10% If you use system b then you can just load it up with capital. Less DD is better, just...
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    Dump!! Dump!! Dump!! b/c of naked shorting.

    I haver been shorting... Thanks for the money, see shorts are only bad if you are dumb enough to hold the stocks that are getting shorted. Bad stocks get shorted, you can't bear raid a good stock, it won't work, all that will happen is more buyers will come in. If a stock is worth $10...
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    What are realistic goals for an 18-year old swing/position trader?

    1987 crash was caused partially by portfolio insurance, a "risk reducing" strategy that involved selling index futures as your the market declined. The idea was to protect your profit. Even better than a stop loss. Whopse... that didn't work. Don't try to beat the market, just take what it...
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