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    Trading Maxims/Quotes

    All the answers lie here www.elitetrader.com
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    market will down just as Pejman Hamidi said

    steet010203, get a grip on yourself, lad :D On the off chance that you're not tradeRX and the forced attempt at poor English is genuine, what is your mother tongue?
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    High-probability, low churn strategies

    The following link should point you in the right direction. It is highly recommended to use the enhanced site which requires a Flash 5 plugin. http://www.tridian.com/cthe/montypython/
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    Trading Ideas/Potential Trades

    qwik, It was related to the release of the latest Bin Laden video tape aired by al-Jazeera.
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    December Trading Journals

    Congratulations candle, great to hear :D. Just had a look at the chart and am very impressed. For a daytrade I personally would've held on for a maximum of a couple of points only, and certainly not after 12 o'clock when it bounced back a couple points from 15. Great stuff.
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    Central Florida Day Traders Group Forming

    Just got back from a week's vacation in Southern Florida based in Boca Raton. I'm seriously considering moving down there, so please post details of any future activities.
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    Trading Journal, November

    If you blow out, you may become a gigolo for some 85 year old living in a mansion. A sugar daddy with an 85 year old is one sick guy.
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    Pro firm leverage and risk management

    Gene and Don, Thanks for the detailed replies with which I basically agree. My comments were in light of the apparently snobby tone of Don's original post to you, which I felt was implying that because REDIplus was associated with GS/SLK, it must be the hottest sh*t on the market with...
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    Pro firm leverage and risk management

    I am a private (retail) Nasdaq direct access trader. I do not possess a Series 7 nor have I ever traded with a pro firm in my life. I've used REDIplus software - execution was sloooooooooow and the fills were terrible. If I were offered commission-free trading using REDIplus, I would graciously...
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    Wash Sales issues for this tax year

    qwik, my 2 stocks are in the same sector and pretty highly correlated, so there goes that idea :( I'm not too keen on trading other stocks, so what do you think of the following idea - without sounding too presumptuous, I feel that by trading ABCD and WXYZ in December, 2001 and afterwards, my...
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    Wash Sales issues for this tax year

    I still haven't elected MTM. I basically trade 2 stocks only, ABCD and WXYZ. If during the month of December, 2001 I only trade ABCD, and during January, 2002 I only trade WXYZ, would I then avoid the wash sales?
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    How I lost Money in Stocks

    aldrums, your next step should be to modify your rules and spreadsheet to take into account multiple positions.
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    America'sHeros...HappyThanksgivingToAllOfYou

    Rock, When I clicked on your first link at about 3:00pm, my eyes teared up to the point where the charts on the adjacent screen were just a blurred mass of red and green. Happy Thanksgiving to All
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    How I lost Money in Stocks

    dottom, thanks for the detailed and helpful reply. It's funny that you mention blackjack as it was in this context that I first came across the concepts of the Kelly criterion and optimal (f/X). I will take your advice and leave optimal f to the academics at this stage, though I may need this or...
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    How I lost Money in Stocks

    Precisely what I was saying in my previous post. How can you reconcile this with the adoption of an optimal f strategy?
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    How I lost Money in Stocks

    dottom, my optimal f computes to 0.4. Assume I trade ABCD (price = 20) only and that I have $100,000 in my account. This means my optimal position size is 2,000 shares. (i) What is R, my risk per trade? Till now, it was r% of my equity and through backtesting I was able to determine my...
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    Partial Fills in ECNs

    Probably Doug Neston going short :D
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    Serious issue : daytrader-swingtrader inner conflict

    candle, Miki was just being facetious and I wish to allay your suspicions that he is in any way connected to tradeRX. A quick glance at his past posts reveals that, unlike tradeRX, he's from the UK (by his own admission and the many 3am USA ET timestamps). I'd also venture to say that English is...
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    Trading Strategies for Swing Trading and Daytrading

    Assume I am prepared to risk $R per trade trading ABCD, with my profit stop being $pR, where p>0. (1) For a particular intraday trading system, what is optimal N, where N is number of ABCD per trade, and optimal p? Given the standard disclaimer about past performance not being indicative of...
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    Bollinger Bands & Stochastics

    Sitting here mulling over your description, I find myself in an infinite emotional circle, first encouraged, then depressed, then encouraged again, then depressed.... Great post, candle.
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