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    Recruiting practices for Prop firms

    Birddog; I encourage you to take the leap. But I also suggest you stop focusing on the $ outcome and instead focus on developing and maintaining a disciplined, controlled, structured trading system that accounts for appropriate risk control measures. Start with a very small size so that...
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    MS Office XP Pro MISSING KEY

    Would anyone be willing to share with me their Product Registration Key for their Office XP Pro w/ Front Page? I swapped out my hard drive for a new and bigger one, but can't find my key!!!!!!!!!!!!!!!! Thanks.
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    Trading Ideas/Potential Trades

    This must be the most appropriate stock recommendation of the year. Considering Goldman blew away their estimates, are they fading their analysts in times of tight earnings? ho, ho, ho (the attached file is an excerpt from a research report I received from Goldman in October. My broker...
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    i've tried everything and nothing works

    First of all, you're trading illiquid stocks. Even though you may be using sound mgmt. rules and stop discipline, the illiquidity makes it easy to gun for those stops, including yours. Today, the stock did 145K and that was a heavy day! Go for the liquid stocks, reduce your size to 100...
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    Chat Rooms - Trading oriented...

    Candletrader wrote: I have a room like this for invitation only, but it's on MSN where we can also leave each other PM's. I agree with you that this is the most superior set-up than anything else out there. The idea is to bring potential trades to each others attention, and then rely on...
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    Trading Ideas/Potential Trades

    Wow, this thread sure picked up fast. I'm behind on reviewing all of the recommendations, and since the market cracked today, I won't go back too far. Some nice set-ups though everyone. Thanks for sharing......this is how we rise above..... neo-hr pointed out the potential H&S setting up...
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    Trading Ideas/Potential Trades

    Yes, neo_hr et. all; Definately allow members the time to review the posts and response. And I won't feel offended if noone replies to my particular posts. I provided them to share some things I was looking at, and if anyone felt like responding, feel free to do so, negative or positive...
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    Worldco LLC

    Thank you for taking the time out of your trading day to write this. I'm sure it must take a great deal of committment trading, managing traders, monitoring the market, managing a team and it's support, writing your journal and watching the boards for responses to your new recruiting thread...
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    Trading Ideas/Potential Trades

    Tony; Yup, this was the 2nd time you forgot. Maybe I should buy you that beer so that you won't forget. Or was it the beer the first time that led you to lose your memory? Or was it the other thing??.....:p Anyway, I like the idea of engaging in constructive dialogue with members of...
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    Trading Ideas/Potential Trades

    Tony; Think "eGoose", and you'll remember who I am. We've met. Regarding ENGA: They are no longer in the banner ad business. They sold that and are now exclusively a software company providing eCRM mgmt. software. AKAM: The double top you pointed out is valid, however, it is a...
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    Trading Ideas/Potential Trades

    Sycamore Networks registered a low of 3.50 in September, then rallied to 6.50 in November. Since the Nov. high, the stock has retraced on declining volume to a key trendline. On Tuesday, there was a noticeable surge in volume and the stock managed to post a good gain after gapping up on the...
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    Trading Ideas/Potential Trades

    MACR registered one of those classic head fakes last week where it broke above major, long-term resistance and the 200-day MA, closed at its high on strong volume, then gapped down below the LOW of the consolidation range prior to the breakout. This was a painful trap but has registered as a...
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    Double Moving Average line level setup!

    My 2 cents is that using a 1 min chart exposes the trader to too much noise. Try using a 3-min chart, compare it with a 1-min underneath and you may discover that the 3-min chart keeps you out of many headfakes and false moves. Pej
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    Trading Ideas/Potential Trades

    AKAM: This stock has been on my radar for a couple of months now. In October, there was a blitzkrieg of advertisements from Akamai, with no justification from a business sense. Many times, when companies are engaged in negotiations involving a takeover, they fire up the marketing machine to...
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    Trading Ideas/Potential Trades

    Because ENGA grabbed my attention, I changed some of my filters to include lower priced issues and was surprised as to the number of hits I registered in my scan!! In an environment where interest rates are below real inflation, which is quite rare and extremely stimulative, the odds of lower...
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    Trading Ideas/Potential Trades

    Although I mostly stay away from penny stocks, the action over the past couple of weeks in this stock has gotten my attention. The stock gapped up significantly last week after stating that they will reach profitability and are fully funded until they do. This immediately removed the potential...
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    Trading Ideas/Potential Trades

    I noticed a lack of a thread focusing exclusively on potential trades. Therefore, I'm starting one. Use this thread to post new trade ideas, discuss existing ideas, get feedback on trades you may be considering, or provide feedback for trades being considered. Many of us are professional...
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    Prop Trading nasdaq stocks

    Leland; Are you the one that used to trade at Polar Trading in Mi? If so, email me privately as i'd be happy to hear from you!! Pej.
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    Market Discipline

    All; I have just finished writing a book entitled "101 Rules of Trading Discipline", which McGraw-Hill will be publishing next summer. As a result, I have just spent a great deal of time researching the subject and would be happy to share some of my findings to the list in hopes of bringing...
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    Handling Gaps

    How you trade a gap really depends on the market, the individual issue, trend prior to gap, direction of gap as it relates to trend, etc... For example, say a stock has been in a 4-day uptrend, and after hitting technical resistance, the stock gaps down to the prior days support area. Off...
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