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    "Why Technical Analysis is Nonsense"; Views?

    He's pretty much on spot but I disagree with him when he says traders are doing nothing more than throwing darts and getting lucky. Some people are better equipped to interpret the message of the market and profit from it. The best way to approach the market is this.....it's just data.
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    Jim Cramer: "Welcome to Rate Cut!" 10/31/2007

    The sad part about this is people actually listen to him and buy securities based on his advice. This guy needs to be shut down. Recommending someone buy an overvalued stock, just because traditional methods haven't been working, is irresponsible, unprofessional, and probably criminal...
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    You daytrade because you don't have a life?

    No Life? LOL. It's a great life. Hop out of bed, flip a few switches, make a few bucks, hit the links, come home and get a few laughs here at ET. What's not to like. It's a GREAT life!
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    STOP blaming your losses on Manipulation

    Even if the market is manipulated it's still not a reason to place blame for losses. If maniuplation occurs it presents opportunity. So if the manipulators are out there conducting their activities then let it be because if you simply <b>put yourself in a position to take advantage of...
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    STOP blaming your losses on Manipulation

    There seems to be no end to the posts about the market being manipulated. The market is not being manipulated, this is perfectly normal market movement for an economy that is heading into recession and/or a bear market. If you are getting whipped out of your trades it probably means you just...
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    One Hell of a draw down

    This is a very good strategy when the markets are behaving well. When the market takes a hit on the crack pipe stops get triggered in both directions. I suspect that is what happened.
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    how much will futures react to surprise cut premkt?

    A whole freaking bunch! The last time we had a major reversal day like this the Fed cut the discount rate by 50 bp and the ES futures went from 1419 to 1470 in about 2 minutes. Don't dare go short the fut's in the premarket in this environment.
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    Level II Quotes?

    Even on liquid stocks fake orders show up frequently. I used to trade an ETF a while back and it was just blatantly obvious when the fakes appeared. Always in multiples of 1000 and stacked every 10 cents or so. So, the answer is, no it won't give you an edge because everyone has access to...
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    excel question

    These are the formulas.
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    excel question

    Here's an example. The first image is the input, the next post will be the formulas. The daily return is your average profit per day and the total return is self explanitory.
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    excel question

    This gives you the decimal. Multiply by 100 to get the whole number. Or, a formula that works for any time period: (((To/From) ^(1/n)) -1 ) * 100, where, To is your ending value. From is your beginning value n is your period, could be a day, month, year, etc...
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    Trading Assitant opportunity...

    Be ready to give examples. What are your accomplishments in the mortgage business? Did you receive any awards, recognition? Sell your work ethic. This is what employers are really looking for. Most business functions/tasks can be taught. Employers are really just looking for the right...
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    Trading Assitant opportunity...

    Something along the lines of, "It's all I've ever wanted to do" will get their attention. Then start talking about your passion for the business and how you apply that passion in your spare time. What kind of steps have you taken, if any, to increase the chances you'll succeed. What lengths...
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    Who else got caught short in that squeeze?

    From the smell of urine coming from traders pissing themselves trying to get out :D :
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    Is TA for ReTArds?

    Technical, fundamental, economic, statistical, solar, lunar, et al...analysis, is only as good as the analyst.
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    biggest one day NAZ drop in 5 years

    The nas was down 100 on this day. I remember it like it was yesterday, the NQ stopped smack dab on -100.00 and reversed like a bat out of hell.
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    Is it difficult to get accepted for a remote prop firm?

    Times must have changed because I when I tried to go prop I had to send a resume, go on an interview, give references, and wait for the rejection :(
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    So I set up my 401k at age 18

    Right on Morreo! Go all out at your age. If you lose money initially keep buying, buying, buying! In fact, the best thing that could happen to you at this age is losing money. Best of luck to you. This is easily your best ticket for retiring at an early age!
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    Collapse in Oil prices, how?

    (on that horribly biased CNBC news channel - not worth watching)------->>>> Well, you definitely got this part right. How anyone can tolerate watching this for even a split second is just flat out puzzling. The only time I even turn this station on is on Fed day when I absolutely gotta have...
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    Random Market PROOF

    So whatta you say we let the thread die and concentrate on making money :D :D
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