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    Ex-Engineer Turn Trader

    In trading the stock market..the word description is quite easy and quite clear... How much money are you making..... Degrees ??? Its just who´s making MONEY.......... Making money = intelligence........
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    100% Consumption....Zero Savings....

    Excellent Commentary Surely there is a way to construct this number more accurately in that it would become more useful..... Any one person can have an individual depression if they are unemployed with little money.... at the same time the economy appears to be doing well.....and vice...
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    100% Consumption....Zero Savings....

    Zero percent savings rate.... Never since 9/11 or the Great Depression..... http://www.marketwatch.com/news/story.asp?guid=%7B26166EAB%2D089F%2D441B%2DBA3B%2D4CFDC93DD312%7D&siteid=mktw&dist=
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    90% traders don't make it???

    gkishot My point is 90% of people fail not because they are stupid but because they learn something inheritently flawed. And if you go to any bookstore you see that 99% of trading books are on technical analysis. That's my take. Agree 100% And this is so easy.... For example...
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    Does Quote tracker have a trading simulator?

    QT is better than Real Tick in many ways....and can be free....and has a far more congenial staff of people... Quotes can be free...to costing $.... Thanks to Jerry Medved....
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    Writing options for a living

    Writing options..... The prospective revenue from both covered...and naked writing...on both stocks and indices are inviting in terms of cash flow....but here´s the catch... Writing assumes that the somewhat even time periods will be greater than the volatile time periods... And no one...
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    Algorithmic Trading

    Automation can be meaningful with respect to size... However as size is constrained...a good...practical...street smart trader can make more than most of the US population income tiers... Some will make similar or better than top level ceos... with about the same odds as one becoming a...
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    Predicting markets - impossible

    15% is nothing
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    The Pioneer of Direct Access Trading Fades Away

    Here's the answer... Terra Nova morphed itself into the world's biggest broker....they are the true wal-mart of the trading industry... They get a small piece of 24% of everything that goes through the Nasdaq tube...and will soon attain more than 50% of the NYSE tube.... Now that's a...
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    The Pioneer of Direct Access Trading Fades Away

    PuffyGums Excellent response Stock trading as a mass, retail phenomena is dead because rapid trading for large numbers of people is a losing proposition. (Yes I'm including swing traders here... anyone who intends to make money beyond what is available through participation in the organic...
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    The Pioneer of Direct Access Trading Fades Away

    daytraderpete... Houtkin was one of them...and used Real Tick... Quite a cowboy indeed... ...................................................................... The real question here is why haven't the ARCA folks wanted tocompete in the professional trading arena... Now they have...
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    The Pioneer of Direct Access Trading Fades Away

    daveb351 Tradestation...Cybertrader...and IB with Medved..... are far more competitive in the retail sense..... ....and in terms of professional traders....they are not in the same ballpark with Genesis etc..etc... and these guys created ARCA ?????????????
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    The Pioneer of Direct Access Trading Fades Away

    Just another point... Is it not strange how a company can invent ARCA and create a better trading world by forcing the NYSE's hand...cutting commissions to the bone...in the entire industry.... does not wish to compete in the high end retail trading market...? They own the transaction...
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    Crude Oil Predictions, Anyone?

    China is more sensitive than the press leads you to believe... The yuan adjustment is the tip of the iceberg... Too much China optimism... 50 before 100....
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    The Pioneer of Direct Access Trading Fades Away

    Hey CDN.... When you click on the above link...their LLC is no more... This is how their business started...with real tick re-sellers and independent vendors who ginnie pigged the beginnings of ARCA...There were quite a few at one time...now they are gone... Has nothing to do with the...
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    The Pioneer of Direct Access Trading Fades Away

    Wow...the pioneer of direct access trading is no more: Terra Nova Trading LLC http://www.terranovatrading.com/ Personally...would like to thank the company for starting an excellent service for traders... And further kudos for the success of ARCA and meeting its major goal by merging...
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    Municipal bonds

    And another item... Tax overhaul.... A tax overhaul such as the Euro style tax would eliminate the tax edge... Just like the reform act of 1986...with a stroke of the pen...the muni holder will pay dearly.... And tax changes are going to happen soon... Sell em now....
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    Crude Oil Predictions, Anyone?

    When the alts start to kick in...ie you read news that some major names are making sizable committments to alts...oil will come down...below 50... In 2006...2007...this will happen... Its going to be a real fight between the oils..alts at 50-75...the money smells good in alts if the majors...
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    Municipal bonds

    At these levels...when you reach for yield vs time...small rises in interest rates crush the principal value....and it will not be much fun...riding an upward curve... Since Carter...bonds have increased...especially the 25 year zeros.. If one buys the long time periods...one believes...
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    Municipal bonds

    6% is poor...period...
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