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    What are the largest fortunes ever made by INDEPENDENT traders?

    Takashi Kotegawa http://www.youtube.com/watch?v=La-WIYNjgoY Nice pad. Like watching the movie Limitless, except this is for real. http://www.youtube.com/watch?v=tuS_p1P5p7U&feature=related The ladies are impressed. http://www.youtube.com/watch?v=Bk1h5D6OK2Y Takashi showing a...
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    What happened to Gary Bielfeldt?

    Based on his trading style, my guess is that he got whipsawed numerous times in the trendless T-bond market of the late 1980s.
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    General Market

    Wtf, indeed, for shorts whom have all been crushed.
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    Becoming an independent trader

    If you can survive not losing all your money, the next possible outcome is to make a lot of money, then lose back all your gains. It's very possible to trade and go no where at all for many years. Successful traders are rare birds who can accumulate equity. Futures, with possibility for extreme...
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    stock futures trader flips out

    What can I say? I'm nostalgic.
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    stock futures trader flips out

    http://www.youtube.com/watch?v=vIMwMsY0ndo
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    Fed say QE3 coming

    I think volatility will continue to be insane over next number of weeks. Lots of opportunities to make (or lose) money if you can catch the moves.
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    I am a new trader, I want to start trading

    As the owner of a commodities brokerage once told me, "customers keep feeding the kitty."
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    Fed say QE3 coming

    Despite what Bill Gross said, I don't believe the Bernank will announce QE3 at Jackson Hole meeting next Friday (8/26/11) due to still high commodity prices and lack of deflation fears.
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    Employers not hiring the unemployed!

    There are a number of businesses that have independent contractors that the government wants to reclassify as employees. Nail salons, construction, and strip clubs come to mind. A major reclassification of hundreds of independent contractors to employees would bankrupt any business. Really the...
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    Employers not hiring the unemployed!

    Being an employer is hard. Every time you hire someone for say $50,000 per year, that person needs to make the company at least >$60,000 for the company to break even due to taxes, worker comp, unemployment, etc. I've seen a lot of small businesses struggling out there, barely treading above...
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    Employers not hiring the unemployed!

    Bad legislation. You cannot force employers to hire unemployed candidates. This displaces the other job seekers. Better to try to create overall demand for jobs. Easier said than done. No easy solutions. You could displace all machines and require manual labor, but that would lower standard...
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    Obama Warns of US Market Crash on Monday

    Has there been a president so focused on the stock market before?
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    Trying to make it on my own

    Yes, that is very strange. The fundamentals don't change every day. If trading intraday, it's using 99% technicals with fundamentals only in the background as a filter.
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    If You R Not Sh*tting Your Pants Then

    Maybe QE2 has a lingering effect of 3 weeks to 1 month as had happened from 3/30/10 to 4/30/10. If this is the case, then the market holds up well for another week or two at the most, then breaks down decisively out of its head and shoulders top.
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    some times like today

    Not to mention inflation eating away at your real gains, and you are taxed on inflationary gains.
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    what kind of life would you prefer?

    C'mon, Fireplace. You gotta show off a LITTLE at your high school reunion.
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    what kind of life would you prefer?

    Cooolweb has delusions of grandeur. And if he is living that type of lifestyle, it's not sustainable. Think Raffaello Follieri to Anne Hathaway.
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    Short DAX at 7740

    Go down, schnell, schnell !!!
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    what kind of life would you prefer?

    The lifestyle cooolweb describes would require at least $10 million in the US (and assuming at least 20% annual return = $2 million per year pre-tax, which equates to as little as $1 million after taxes on federal/state/local levels). Probably a few million if you wanted to do that in South...
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