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    Uber drivers can now lease cars through uber... But prices look insane!!

    Good video, the ending was classic.
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    Hedge funds have done a terrible job at picking stocks this year

    "...but what does Hedge funds do when S&P500 have losing years?" Apparently, 2008 was not very good! http://www.marketfolly.com/2009/01/2008-hedge-fund-performance-numbers.html According to Credit Suisse/Tremont Hedge Fund Index: Convertible Arbitrage -31.79% Dedicated Short Bias...
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    Hedge funds have done a terrible job at picking stocks this year

    It's not surprising. Hedge funds will often cite a value proposition to investors such as "synthetic beta" and "a specific thesis" on why they can justify commanding 20% of profits plus the 2% of AUM. All they're doing is taking concentrated bets and expecting that some of them will pay off...
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    Help Wanted, Looking for a prop firm to join, please advise.

    If you want "reputable" and "stable" then you'll need the license. Here's a list of prop firms which require a license to trade, in no particular order. You can research their financials by pulling up the latest public "focus report" from the SEC link below. Just put the name in the left side...
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    AAPL

    Yes, the P/E is well below the S&P currently and the dividend yield is slightly higher. The service business seems to be the driving factor of why the analysts are bullish, especially given it's a high margin business. Here's an article regarding fundamentals and whether AAPL is a value...
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    AAPL

    Sure, no problem. It's not a sell simply "because a lot of posters on this thread were very bearish" for the same reason it's not a buy if a lot of posters were bullish. There are two sides of every trade, and since nobody can really predict the future with absolute certainty, it's just a...
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    AAPL

    $45 was an incredible cost basis. It was still a decent trade at 40% return. But damn, it was also a potential 17 bagger. Who would have thought CMG would have sold that many burritos, lol. :banghead:
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    Topsteptrader

    Yes, and there's a big difference between trading your own demo and the TST demo, where you're trading within a strict set of parameters and you're being held accountable for meeting those parameters.
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    AAPL

    1. If you're following the earnings and agree with the analyst outlook through fiscal 2019, then there's a case for the stock to increase. Remember, these analysts and mutual fund managers don't rely on charts as much as they do on future expectations of earnings. As traders we mostly follow...
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    AAPL

    It's all about cost basis and time horizon. There's nothing wrong with selling a percentage of your position with your $90 cost basis here, and then letting the rest ride up. Just my opinion.
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    Why Big U.S. Brokerages Only Want Multi-Millionaires Now

    Interesting article. It mentions Wealthfront and Betterment. I looked up both firms, and they have amassed billions in AUM. In fact, Wealthfront clients can start with as little as $500, however it claims their "tax loss strategy" is designed for accounts with $100k and up. Betterment has...
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    Topsteptrader

    No problem. It's good that you're conducting due diligence, and observing the opportunity objectively by reading all of the rules.
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    T3 Trading

    I buddy of mine traded with them awhile back, after T3 acquired WTS prop, and his group was grandfathered in at $2 per 1,000. Then, T3 eventually raised it to $3 per 1k. He no longer trades with them as he mentioned there were other fees he didn't agree with, so I'm not sure of their current...
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    AAPL

    Aside from traders, the long term investors (mutual fund managers) look at AAPL for its future earnings growth. Apparently, the estimates for the earnings growth for 2017 is 7.89% and for 2018 is 9.64%, according to data compiled by Zacks Investment Research (see link below). So "people need...
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    Topsteptrader

    First, by "higher lots" there has to be a trader actually clipping 20 lots of crude in a funded live account. TST has made no such reference, except for the one trader who had the equity to justify 20 lots of ES, and that trader apparently is no longer with TST. So in theory you're correct...
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    Topsteptrader

    "i wonder why many of TST traders choose CL initially..." 1. volatility 2. adapts to the "base 10" model (1 tick equals $10 bucks, 10 ticks equals $100 bucks, etc.) 3. only 1 restricted event per week (must be flat pre/post number), whereas TST requires a trader to follow 18 "restricted events"...
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    Topsteptrader

    Yes, that is why you must consider trying to trade the combine AS IF it was already a live account, using the same lot sizes and using the scale up rules.
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    Topsteptrader

    In the simplest of terms, the way to view the live account is as follows: ALL live account balances on Day 1 will start at "ZERO" (i.e., the "starting" balance). On Days 1 through 10, your goal is to build up the balance (i.e., equity). During this time, you are being financially backed...
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    Topsteptrader

    :thumbsup:
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    Topsteptrader

    It's been discussed here, probably a dozen or so pages back. Funded Traders pay "professional" data fees at $85/month per exchange. You can see the table below on the CME .pdf and the RJO'Brien .pdf. https://www.cmegroup.com/market-data/distributor/files/schedule-5-2016.pdf...
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