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    Where to find Traders

    thats a very open ended question..... ....for where, doing what, trading how.... if they are being paid a salary then probably many places. if they are expected to be equity owners with lots of upside but no base....then you options get limited. In all cases are you looking for traders...
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    VBA for backtesting

    years ago I had an Excel VBA portfolio back tester written. It has the advantages of being completely flexible and very easy to tweak different parameters and change variables etc. It is very easy to debug, track changes, and step through. It has the distinct disadvantage of being very slow...
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    Motivation and Encouragement

    'just do it' - Nike
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    Are cash settled stock futures basically bucket shop betting?

    You had best go back to Settlements 101..... EXPIRY day ---- SETTLEMENT will be at $1. Your account lost mine won - thanks. If you dont believe me try it. This is why people will do the arbitrage. That is what keeps it tending toward the spot price on the expiry day, and at or near...
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    Finding Work after Quitting Daytrading

    if you are really looking for a job outside trading (and not looking for some other validation or reason to keep trying) then you answered your own question if this is what your believe. ...get some technical skills - probably in an industry you like ....start a business - failure rates are...
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    how to obtain audit of my trading account

    write a letter to Bernie and ask him for recommendation of an accountant? ........................... You should be able to ask an accountant or specifically an auditor to do this. Ideally one who is recognized for this which will cost more money, but if you re using this for credibility...
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    Are cash settled stock futures basically bucket shop betting?

    one of us is missing something here.... when it comes to cash settlement....lets work through a very simple example. expiry day 30th January at 4pm, price of the underlying stock is $1 If on the afternoon of the 30th January the price of the future is $1.50 at 3;59pm I sell the future...
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    The Difference Between Trend and Momentum

    as stated - it depends on how you define them. You can trade with the trend, against the momentum. You can trade against the trend and with momentum.... if anything trend following and trading might be described as a state of mind (run your profits), and momentum as the current movement...
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    Does IB charge data subscription fees in base currency or foreign currency?

    From what I notcie on my account - in short yes it is charged and accounted for in your base currency. IB charge you in the currency of the domicile of the exchange. This then is translated into the base currency and is taken from there. eg; Your base currency is AUD, you subscribe to 50...
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    Are cash settled stock futures basically bucket shop betting?

    I think you might have the wrong thread - this post is pointless here as the OP is not concerned with a debate about stocks v futures....
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    Ghost of If You Can Draw A Straight Line

    must be my modern mind even though it did not really fit. ....I was thinking Son of chucky, Bride of chucky, Ghost of chucky. .....which would make the next one...Curse of.....
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    Funniest thing ever seen at a prop firm

    Not so much prop trading but scary/funny none the less... I do know of the story of someone who bought a lot of option volatility in a stock, only because they read the wrong numbers and mixed the codes up. I think it was Royal Bank of Scotland v Bank of Scotland. They looked at the...
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    Dinner with Goldman Sachs cost him $34 million

    I wonder if they went to dinner with the normal KYC documents and asked about his risk profile, understood his portfolio and desires and then showed him 50 pages of disclaimers such as "the risk of loss for dealing with us is highly likely" :) ....nah probably not.
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    Are cash settled stock futures basically bucket shop betting?

    I think you probably have it the other way around. (if I am reading you right) Cash settled means it is more likely to attract arbitrage to keep it in line. The reason being is there is less hassle to involve delivery. Its settled in cash between two accounts. End of story. The risk ends on...
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    red wine

    Personally - and I am no doctor. :0 Anything that relieves stress and worry is health giving and alcohol in any moderation and any form will probably do the trick if it works for you. (Personally - go for the true portuguese port. ;)) If you like it indulge. just eat it with some Cheese...
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    red wine

    WTF? :) you dont want the spend the money for a good system but want to add whiskey.... you think the taste changes that much that adding whiskey will be a good idea.... .............hah ha ha kerplonk I suggest you leave the red wine drinking to those who enjoy subtle flavour differences...
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    Are cash settled stock futures basically bucket shop betting?

    hi beefcake trade - my guess is that it is simple.... The reason why you have cash settled futures on individual stocks is that the majority of people trading on these dont want physical settlement. They want the margins (leverage) and low costs (usually its cheaper to transact without...
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    If you could go back in time to when you were a new trader

    As for the original question and keeping it purely trading related..... If I could go back in time.... I wish I had more patience when younger, and when everything was lined up I swung harder. However, my conservative nature probably had its own advantages. Hindsight is a wonderful...
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    Educate me: What's a good way to calculate risk? What about Sharpe?

    Dont be fooled into the simplicity of extrapolating out numbers, especially when it comes to percentages. It can all get out out of whack very quickly and unless you have the raw data most numbers you will get will be from marketing documents. ....and easy quick and dirty way to see if an...
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    red wine

    goggle - red wine vacuum pump. that is probably what you need. (or a healthier thirst :))
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