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    who is your fav trader to follow?

    That would depend upon what you mean by "follow." If by follow, you mean copy, then no one. If you mean advice and guidance, it would be Jason Alan Jankovsky and Peter Brandt. Despite the fact that Brandt is an extreme long term trader, his ideas translate into shorter term trading because he...
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    Extremely profitable trading strategy.

    I have to agree. Backtesting can conclusively show a system won't work, but it cannot prove it will work.
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    Extremely profitable trading strategy.

    I've heard about this system, chiefly because I'm usually the guy on the other side of these trades. :(
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    What are your thoughts on this one?

    So many things to respond to, I am reluctant because something in my response will likely offend. Let us begin with I agree. However, much of what I believe about trading is conditional, so when I say anything, you could get your feathers ruffled when we are still in agreement. Therefore, let...
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    Series 7 vs Series 56

    I have to think you are asking because you believe you have a prayer's chance of succeeding at trading, a profession which is the single most difficult profession in the history of mankind. Therefore, unless you are ignorant or delusional, someone with your cheek has the power, you are probably...
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    What are your thoughts on this one?

    God I love this site, so many intelligent people.
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    What are your thoughts on this one?

    Love that quote about everyone lies. TA isn't worthless, it's just nearly worthless for what most people use it to do, to predict the direction of price in the trade at hand. So I'm not really disagreeing with you, I am a TA trader, and I have one foot in both camps, TA is worthless (most of...
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    What are your thoughts on this one?

    Every chartist goes through a stage where he tries to learn everything there is to know about technical analysis, so this is a good time to make a personal observation that can save you a lot of time and frustration and money. Trading is a lot easier to learn on very short time frames because of...
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    I didn't want to read your reply, assuming it would be something ugly, but you just made my day, thanks.
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    The high road, ON THE INTERNET? Perhaps I've misjudged you. Maybe, just maybe you've misjudged me. In this format, everything seems more critical than it was intended. It might me a good time to press the restart button. I spent many decades of my life studying politics, until I finally...
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    Aren't we just a little touchy in our defense of the IRS? Ok, Commissioner, I didn't know this was your personal blog to sing the glories of the federal government as they destroy your markets (this site does concern itself with markets, right hot shot?) and very currency. "Go vent your...
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    You are kidding, right? After the Louis Lerner scandal, how could anyone definitely make ANY statement at all about the IRS? Look, when a society ages and becomes corrupt, corruption, like sewage, seeps into every corner of society, politics, business, media, you name it. Our society is...
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    What's worse than a stock crash?

    Okey dokey, if it works over a large series of trades/time, that is reality. Everything else is opinion. Of course, the game changes as we play it, but results add some reliability.
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    Monitors....what do you Really Need?

    how much can one save with refurb? That really got my attention.
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    Professional advice beats telling the auditer "But some guy on the internet named luvs2spooze told me this was legal." :)
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    Does a non-US person who owns a US LLC with a bank account automatically becomes a US person?

    I don't know, however there are accountants who specialize in trading. I'm sure you could get a thorough answer from someone like Michael Green. I think his web site is something like greentradertax.com
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    Monitors....what do you Really Need?

    General observation: Inasmuch as a lot of the big trading wonks say "keep it simple" I have come to the belief that if you can't see your indicators and the price clearly on a small screen, you have too much happening and are not keeping it simple. Caveat: I have three time frames going, so...
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    What's worse than a stock crash?

    It's not true you have to lose a lot of money to really understand trading. The risk intollerant pay their dues in seeing everyone else make money. Either way, you've gotta pay your dues, so if this was you, cheer up and stay away from those perma bear sites so the lesson sticks. I'm risk...
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    What's worse than a stock crash?

    Unfortunate, because equities have a definite bullish bias to them. All the big players, the Fed, the Treasury, the banks, Big Money, and the financial press have a vested interest in squeezing the shorts and keeping the party going. The institution of shorting was invented to provide a ready...
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    What's worse than a stock crash?

    I'm a trader, not a stock trader. John Persons tells a great story about meeting John Murphy on the streets of Chicago and razzing him because he abandoned commodities for stocks. Murphy gave it right back to him, saying "I'm sorry John, but I'm just smarter than you. I went where the money...
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