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    Shorting easier in general than going long?

    i agree. It is hard to find "the next big thing"...because everyone is always on the buyside. But, if a stock simply isnt going up (epcially if the fundamentals and general environment are good), it tends to be a high percentage play to go down with it. I also like to sell short becuse you...
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    resumption of the bull market?

    kind of funny, a couple of weeks ago i was reading a thread where everyone was bearish....and i was short Real Estate. I was stopped out by my best friends DHI and HOV this week. I switched to long on a tech stock..RIMG.. due to the short term trend...even though i like to short. I think the...
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    Housing Rolling Along 2

    i was short that and covered to get into DHI and HOV...which i was stopped out on to the tune of $1000..........GRRRRRRRR.
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    Career advice needed for a starter.

    ummm..define high paying. I live in am emerging market....i would love to be highly paid!
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    Career advice needed for a starter.

    ya know, when i was a broker...all the big dogs with lots of cliets had assistants...basically secretaries with a series 7. some of them did allright. this is an 8-5...but maybe if there are night classes??? there is always some type of administrative gig in finance. pleanty of people who...
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    Why shorting is no longer a viable strategy in the US Market.

    maight i add...i also get burned shorting sometimes...called it wrong today..thought with 3 up days and bad RE news it would be a good short day...nope. ouch.
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    What do retail stockbrokers do these days?

    yeah, it still exists. I was a broker about 5 years ago. A good firm ..not a pump and dump. they try to sell mutual funds and "planning" , bonds to old people as well. It is mostly older clientelle...and yes the commisions are HUGE. the client pays something like $40 per 100 shares...it...
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    Career advice needed for a starter.

    where there is a will there is a way...colombia is great...60k aint. maybe a different school? finacial aid? I started a business a few years ago and worked at a bar at night to keep it going. You DO have to at least get a bachelors degree. If you are from a different coutry there may be...
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    Trading or Investment Banking

    something that i would make sure to stress to you..on top of grades and a good school...is PERSONALITY MATTERS. i mean it matters a lot. what the business world boils down to to some degree is who likes you and why. I know traders at very large places in NYC pulling in up to $2,000,000 per...
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    How much capital is good to start full time trading

    sort of a strange question i think if you are pondering trading for a living. if it is a curiosity question like "hey how much do you guys trade with"...i would like to know as well. But, if it is the former... looking at the psycology of it, i would say that is not the right question for...
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    Trading or Investment Banking

    If you work really hard, you can be a good IB guy. But, if you work really hard, there is no guarantee that you will be a good trader. just study your butt off at a good school, get really good grades in math, finance or the like, and try to make contacts at top firms. you'll have a better...
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    Watching the markets

    soory you wanted forex and futures. man...cant help you there. good luck.
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    Watching the markets

    i know what you mean. in my 9-5 i am in front of a bloomberg and watch the action...basically "reading the tape" so to speak. based on the volume or intensity you get a fell for what is going on. Not a bad place to start...maybe pick a sector you like and try the same thing with that (i am...
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    Why shorting is no longer a viable strategy in the US Market.

    um.. i make all my money on shorts...all of it. there is always something in favor and out of favor. today (no literally...i am flat today) I am short real estate...maybe tomorrow Oil comapnies or defense contractors or gold...who knows. there is always something to buy or sell out there...
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    Housing Rolling Along 2

    this subject is too much fun... I actually did put my mooney where my mouth is...sold all my property, moved to Costa Rica where i RENT, and my primary trading strategy at the moment is selling RE short....made about 10% last month. RE is still hot down here as well, there are lots of...
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    remote trading

    I know what you are talking about....i live in Costa Rica. you CAN avoid taxes if you make the money OUTSIDE the USA. so if your account and trading is in the states...you still pay US taxes. the law you are looking for (last i looked) goes something like this " if you live outside the...
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    NYC Traders

    hahaha. i went there a few months ago (on business, i live in Costa Rica)...My mothers maiden name was Connolly, so i though i would check it out....meat factory is right!!! 80/20 guys girls. Found better girls at some dark irish pub drinking guiness..true actually. Going back to NYC for...
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    Mexico?

    Glad you guy have not had any problems in MX. I live in Central America (run an IDB down here)and stay away from Mexico at all cost. I have driven the pan American highway, and the only place i ever had trouble was mexico...i was robbed by the police in D.F. (that is mexico city to all those...
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