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    Trading on Presidential Futures

    My guess is that McCain will try and go with Mitt Romney as his running mate (I would), the guy who is perceived to be smart on the economics side. It's hard for me to visualize him picking anyone else available and having it be an advantage for him. He probably needs to avoid the evangelical...
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    Trading on Presidential Futures

    Not trading them but am following them as they seem to be a pretty accurate on who is favored at any time (since money is on the line). Not being political but :) I think Obama will have an advantage in presenting himself and thinking on his feet and McCain will have an advantage on the...
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    Quitting Trading

    The other thing that introduces fear is trading too big of a position (10 ES could certainly be, even with an account larger than 95K) - then consequently, having stops too tight, which causes you to get hacked up in the long run. In my experience, making money day trading (especially...
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    Futures for a noob

    If you(he) eventually does move to futures, be very careful with the leverage - that is where people get into trouble; taking on too many contracts and having a move go against you causing too big of a loss. If you take on too many contracts and attempt to manage that via tight stops, you will...
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    Buy ES Now 1387.00 5-9-08

    I will follow that one. Please include a pointer to the correct spelling for ridiculous.
  6. H

    Buy ES Now 1387.00 5-9-08

    Flip a coin - given the lack of a big rollover down today, I'd guess there will be some short covering/buying into the close. No position.
  7. H

    Freak this market

    It sure can be depending on your definition of trading, amount of capital committed, time frame, amount of capital available ... I'm not preaching irresponsible trading with no stops ever but coming from a big cash position, I've found in the past that it typically is riskier on the missed...
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    Freak this market

    Works for me when I'm coming from 100% cash and buy little snippets here and there (up to a very small percentage of capital).
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    Freak this market

    Isn't the market usually flopping around? The best strategy - with VERY small positions, using indexes - buy weakness SLOWLY, scale out into strength. No stops.
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    IB possible problem tonight

    Back up at 7:40 PST.
  11. H

    IB possible problem tonight

    Hmmm. Still not up - maybe the file systems are corrupted.
  12. H

    IB possible problem tonight

    Probably wouldn't make a diff since it's the credit manager with the problem (don't remember ever having that be a problem before)
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    IB possible problem tonight

    To all traders: Thu May 8 21:39:47 2008 EST We are in the process of re-starting all credit managers. All customers will be able to trade shortly. Please contact the HK helpdesk if you need to confirm order status, cancel orders or place closing orders.
  14. H

    What is your IQ as a trader?

    If I can apply my mental laziness in not finishing that test to the positive market attribute of not overthinking it, then I will be successful.
  15. H

    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    I never had any doubts about Mr. Bushes intelligence level (and didn't vote for him either time) but I have at least deluded myself into thinking that Obama is a pretty sharp guy - he seems to think well 'on his feet'.
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    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    You're right but he is the leadership and we have had much more of an impetus to make some serious changes to our energy policy since he's been in office. Some of the energy issue is his doing with the invasion of Iraq and subsequent empowering of Iran (and the potential danger of Iraq/Iran...
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    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    Iraq, no intelligent energy policy (see oil and other prices), an inability to think on his feet and present himself well, no leadership, an unwarranted cockiness about his expertise. All of these things have contributed to a sense of malaise in this country that has affected the...
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    broker for small account

    mbtrading (they WERE my secondary broker to IB) is now on my bad list, with several hours of downtime during Fed day (and a prior day) last week and no explanation or comment - just pulled funds and moved over to thinkorswim (bad name, great trading platform). Thinkorswim has great free...
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    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    I'm sure you're right - my hope with Obama though (and I'm skeptical of the Dems ability to win back the Presidency simply because they've been as inept as anyone) is that he's smart enough to know what he doesn't know (a tough skill) and will be able to surround himself with smart economic...
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    Will the market plunge if (or when) Obama gets elected as Dem candidate?

    Maybe we've already had the Obama plunge then. I figure if the market can survive Bush, it can survive just about anyone.
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