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    What's your favorite trading quote of all time?

    "Everyone gets what they want out of the market." This must have been dreamed up after reading one to many 70's pop psychology books. Completely bogus and easily refuted.
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    Beating the Market with Money managment

    there are alot of ways to think about "money managment." *unfortunately, most of what is published is in my opinion just flat out bad advice for small accounts. Guys read "risk 1% per trade" then think that is a good idea with 10k, then set up their tight stops, and start moving from losing...
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    Beating the Market with Money managment

    wow, some real bad advice here, haha. The tyro's are out in full force with their bad advice. If advice is followed please have a tourniquet handy!
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    Crabel's "Day Trading with Short Term Price Patterns and ORB" For Sale

    Yea there are some who when they want something choose to find a way to steal it. Or, you could buy it and hold the copy in your hands, and unless It is republished likely resell it for about what you paid. pirated copies of anything are appealing to some and not others.. Those who choose to...
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    Crabel's "Day Trading with Short Term Price Patterns and ORB" For Sale

    I am selling my copy of this book. Lowest amazon price I see at the moment I am writing this is $575. Im Offering at $500. Details here: http://chicago.craigslist.org/chc/bks/244680040.html
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    Why don't more people trade index futures?

    index futures are not just like "some other stock" just because it is made up of an index of stocks. Index trading behavior is a different animal than the typical "momentum" issue stock traders like to try to find and trade. Most momentum traders are too tight to succeed in index trading...
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    Day Traders - have you ever been audited by IRS?

    unless there is something unusual about your case, i think unlikely. The brokers report to the IRS, so unless your info is out of line with what the broker reports, u should not be hearing from them. other business stuff, like that chain of laundry mats, expect to hear from them.
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    1st Job - Propritary Trader???

    "Half the people in this country are either self-employeed, work on commission, or have a performance based bonus that constitutes most of their compensation. " -If you are a salesman, you are payed a contractually agreed upon $ for per sale or for some level of sales. You get paid a...
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    Doublea's Journal

    "Hopefully with this journal, I will be disciplined enough to follow my rules." just courious, what makes you think that if you followed your rules perfectly, there would be a profit? Is there some rationalle to this or is it faith?
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    S&P has topped for 2006

    Why are people angry if someones call is not spot on? haha, this is trading folks. It is not just that after the factness "I BOT and SOLD here folks, that is picking a top and bottom!!" but how u are trading the idea, minimizing the damage when wrong, getting out when u can, adding when...
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    1st Job - Propritary Trader???

    it sounds like you have been offered a seat in what amounts to a churn'em and burn'em "prop" shop, NOT a job. the food for these organizations is primarily young, enthusiastic, nieve kids just out of college who have 10x the enthusiasm but not the experience or common sense to see what a bumb...
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    Bromides that are pure BS

    in my opinion, any strategy that advocates tight stops as a way to control risk without taking into account transaction costs, opportunity costs, and forward expectation... so basically all strategies that advocate this.
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    ES Daytraders, Whats max heat you will take ?

    4 to 6 ticks? ahhhhhhh, chopped meat!! U are at the expert table in the es, playing too tight is almost sure losses, u are bluffed out of the game!!!
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    add medications, Strattera

    hey thanks tango, good info. I have the usual add symptoms, the hyperfocus, "tuning the world out" , followed by the lack of fucus, agitated feeling that makes it hard to work or do anything productive... Also Lose interest. I also seem to follow a pattern of highs and lows, exessive...
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    add medications, Strattera

    Hello, I am curious if anyone has experience with the common add medications. Any experience would be welcome, however I was particulary interested in learning about experience with Strattera. Any first hand experience or knowledge related to this or closely related would be welcome. thank you.
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    Cheap/Fast Recipes for Single Guys that can't cook

    Here is a very good resupe for chicken fingers that i made up, that works very well. 1. slice up a chicken breast or two into strips. 2. buy a can of unseasoned breadcrumbs, spread some of them on a plate or cutting board. mix with a bit of flower and CHIPOTLE powder, and salt. 3. roll the...
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    Trading Future for a living

    the trading costs, which includes the spread, will be relatively small relative to the fluxuations the trader is attempting to capture. Or, you could say in swing trading, the average profit is large relative to costs. This makes it relatively easier to profit swing trading relative to day...
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    Trading Future for a living

    sounds ike a plan that will create a learning experience. Why not find a job to cover expenses and swing trade till you have about 300 - 500k. It is much easier to make money when you are not scared of volatility. U have to be able to risk it to make it. grinding it will make your...
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    'Idiot-Savant' Traders?

    I am glad you found something useful. I have read that increasing specificity of labels is a sign knowledge is increasing, as more subtle classification is possible. maybe that is true here. Plus, regardless of label it perhaps some new ideas there that increase self understanding, which seems...
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    'Idiot-Savant' Traders?

    really no need for new labels. Truely creative people always have had a different view, ability and style... an d usually a different, more radical temperment as well. Pretending this is a new discovery, or needs new labels. well, that is sad. What % of the population is able to...
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