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    Sharing Resources: Let's Not Reinvent the Wheel

    I didn't see CoolTrade mentioned. Works with IB, MB, Ameritrade and Options House. www.cool-trade.com Thanks for compiling these.
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    If the US collapses what happens to stock ownership?

    Half the world will die of the swine flu first.
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    why do people laugh when I mention day trading?

    I'm with you--automate my trading...set up several test accounts also to work on new strategies. Also do consulting work and I control my schedule. No more cubicles.
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    HERO Pull the trigger

    It was up again this AM, so took a profit. However, still have in another account...
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    Low Volitility Stocks - How do you find them?

    Yes, you can pull up intraday ATR. However, there isn't a calculator for this.
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    why do people laugh when I mention day trading?

    Because people are (choose as many as apply) too stupid, impatient, don't have the balls or money to do this day in and day out. They are like sheep losing 40% in their mutual funds last year.
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    HERO Pull the trigger

    I should have earlier this am. Was up $220 and now up only $30.
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    Pro Traders refuse to talk about this--

    Man, I needed a good laugh today!:p
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    Can I use roth IRA for day trading ? Or short term trading?

    An IRA is self-directed, which means you can trade as often as you want. Yes, you can use an IRA to day trade, but different firms have limitations. IB is one firm that allows the SEC defined version of daytrading if you have $25K equity. Other firms will make you wait for settled cash from...
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    Goldman needs more profits!!

    Time to sell.
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    5 Must Read Tips For New Traders to Succeed

    Yes, know how YOUR strategy will perform under different conditions.
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    Question For Those Who Used Pass Perfect Series 7 Prep

    Used it many years ago. 88% on practice tests should be fine. Know your formulas. When you get into the exam, write them down first, before you answer any questions. Will make it much easier.
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    Low Volitility Stocks - How do you find them?

    You can use Average Trading Range (ATR) as a percent and/or dollar amount. I use CoolTrade and they have both as indicators. www.cool-trade.com
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    Backoffice jobs

    Opening accounts, transferring cash and securities among accounts, settling estates, compliance. After you have a Series 7, get a Series 9/10 and you can supervise these activities. I agree that it can be boring and repetitive, but is fairly stable work. Most firms are automating these tasks...
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    How much $ did you lose until you made $ trading ?

    Other things to consider: Simulate several months. It won't guarantee anything, but will help you really learn. Use a robotic trader. It uses rules and takes out most of the emotion. Attention engineers: Set up several similar strategies and change by 1-2 variables to see what has the...
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    is GE a buy or sell?

    Yep, that's the strategy.
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    OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks

    Carry a few open positions. Use robotic trader. All you need is a few good trades a week.
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    Best commission rates for swing trading

    I use IB and trade 1000 share lots. $5 in and $5 out.
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    is GE a buy or sell?

    I do agree that the US govt won't let GE fail. Too many defense contracts, etc. But, I wouldn't buy GE now. There are plenty of better ways to make money. If you already bought it, depends on if you want a tax write-off for a loss when you sell. Real question is: What is GS's...
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