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    Is a retail BB subscription worth it?

    Yes but it’s not really meant for trading. The subscription is like having a WSJ or FT subscription. A good free resource for news in Reuters.
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    How Trader Jeff Yass Parlayed Poker And Horse Race Handicapping Into A $12 Billion Fortune

    That's your competition and you plan on beating them with charts and widgets? :P
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    When a model becomes extinct

    I would look at the return contribution. If you're on IB run a portfolio analyst report and I can help you understand it. Most often the thing that goes wrong with models is that there is 1) some risk that you have an edge on and are harvesting 2) but your trade is not "clean" which means you...
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    Steps For Beginners

    Start by learning the basics. What drives asset prices, who are the various market actors, and what kinds of opportunities are available to trade. I worked at a bank as an analyst and trader and there was a lot of learning before we got to trading.
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    longandshort Global Risk Strategy (Journal)

    Okay, results of the first week: up 1.02% (of total portfolios) on 5 trades. When long/short I calculate my pnl on a capital-weighted basis. MXL/XSD: pairs trade here as a test run; lost 5.4% on the long and gained 2.5% on the short for a capital-weighted pnl of -2.3% LEVI/IYK: first actual...
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    Hedging my portfolio...

    Buy puts
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    Recommendations on time-series price prediction models?

    I worked briefly at a quant fund (I'm a trader and not a quant, but I worked closely with them to design and implement strategies they were developing) and they were spending a lot of time and money on: 1. Using volume to predict volatility 2. Using volatility to predict price change Based on...
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    What is special/unique about Al Brooks' strategy

    A different perspective is that 1) TA might have been useful in the 1950s-80s, when computing power was limited and the use of algo-based trading was unheard of 2) nowadays the smartest folk (comp sci + finance) tend to work at firms like Citadel or other HFT firms that specialize in capturing...
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    Daily Trading Signals

    Sam, legit question for you. If your signals are good, why do you sell them? o_O
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    What is special/unique about Al Brooks' strategy

    If all of his accumulated hours studying price action were any good, he would be a hedge fund billionaire right now. Spending a lot of time studying useless information is a great way to die poor (unless you monetize your content to others).
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    Every Trading Method Known to Man and Beast? Right Here Baby!

    20 pages of strategies and they all are useless... Lol JK. Let's start with a commonly known strategy, momentum: Momentum by Narasimhan Jegadeesh, Sheridan Titman :: SSRN
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    Books & resources for news trading

    don't share the good stuff...let him read more books on technical analysis and charting patterns...
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    How does order execution really work? Are market makers "manipulating" prices for Retail Traders?

    Market orders are filled by market makers (who are in the volume business). Limit orders go straight to the exchange. Modern market makers in equities are pretty much ULL-HFT and their strategy is that they believe they can find better prices than nbbo if they internalize orders across various...
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    Multiple broker accounts + 1 trading platform user interface?

    He needs an OMS/ems solution. Most of those tools cost about $500/mo on the low end. Silexxx is a decent retail variant.
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    Best Learning Materials?

    True but no ones going to fly an f35 without extensive training before hand. Without training you are more likely to harm yourself— and when it comes to trading, blowing up your account lol.
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    Best Learning Materials?

    Start by reading Options, Futures, and Other Derivatives by John C. Hull. This will help you understand the mechanics.
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    Profit-taking advice

    You should price your option to various payout scenarios. If you are doing credit spreads on calls, you're betting that the stock price will expire lower, so you are making a bet on the direction of the underlying asset. You should have a view on the stock before making a trade.
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    Hedge Funds See Something in the Reflation Trade They Don't Like

    And those spreads are tightening. :P A shift in the cycle means sector rotation. So moving out of, say, materials and into software.
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    Why Those Credit Suisse Executives Seem So Junior

    Uhh.. Lara Warner, according to your post, worked in equity research at Lehman Brothers...so she definitely has capital markets experience. Brian Chin looks like his background is more in risk, having a pedigree from major consulting & auditing firms.
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