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    Taking a poll of traders' performances

    These are rough guesses on a month by month basis. # of Trades 25 Avg % Return Per Trade (no idea) Average Hold Time (in days or hours) Per Trade less than 1 day Success Rate (% of trades that were successful) 20% successful Avg Gain (for winning trades) 1-3%...
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    ACF AmeriCredit Corp?????

    FYI: I covered all but hdi flatish.
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    Aaron chat

    I got a response from my accountant today. I hope it is useful. -------------------------------------------------------------------------------- Regulatory Background The SEC’s rules and regulations related to the area of posting your fund’s information on websites are summarized on...
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    What Happened to CINN?

    Seems that Cinn has been replaced with Cin (so as not to be confused with cinnabun?). Any idea on why my best now has an asterix next to it today and why inca and ADF* always move together? What is going on lately in L2. Nothing makes sense anymore.
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    Poll: What's your favorite strategy?

    GNP!!! Look at NDC last week. My fund cleaned house there. Of course AFCE kicked the piss out of NDC. I made over 500 basis points on those 2 trades. After about 4 months of anemic results, I really think that GNP is back in a major way.
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    Hedge Fund

    Hey Seth, I think you nailed it right on. I think that a lot of funds got slaughtered last week in the massive move up. There's not enough plain vanila institutional action lately for them to pick off. It seems that the hedge scene is getting "crowded." If everyone is just trying to fade...
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    Aaron chat

    Harry + Links- Thanx for the info. I think that may be a route to one day go with a prime broker. I am a frantic type of trader. I need IB type commissions. I am afraid that the additional costs will cut my edge down a lot if I was at a prime broker. I believe that you are quite well...
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    NYSE question

    I thought I had....
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    NYSE question

    I bitched a bit at IB. They said that there were orders ahead. We all know that is the typical NYSE bull response. I said that I am positive that MOC gets me filled no matter what. Is there some way that I can push this and get my fill? It was 400 shares, so I don't care about the money. It...
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    NYSE question

    Hey, quick question. I tried to short 400 cyh moc today. I was not filled even though the order was in at 3:30. I was told that there were 100k shares ahead of me, even though the print was 2m+. It was always my understanding that the reason for market imballances is so that the...
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    Trading Business

    I am not exactly sure what you want, but I very strongly recommend that you seek out some legal advice. http://www.greencompany.com/HedgeFunds/index.shtml There is useful info there for you. Pay a few hundred for a retainer and talk to a pro. It could save you a ton of time and effort in...
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    ACF AmeriCredit Corp?????

    Didn't intend to update this so far. Just got short GM also at 33.79. It is 3.8% of the fund. Keep in mind, this changes fast. Looks like there is the opportunity to risk a very little bit and make a lot on these stocks as the economy continues down. Good luck
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    ACF AmeriCredit Corp?????

    Figured I would update. I have really piled on in the past few days. These are fund positions. Name % of fund avg short basis Ag 5.2 16.28 Cof 3.6 31.31 Dal 3.1 9.5 f 5.1 7.5 KRB 5.3...
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    Aaron chat

    I'm not sure what you are getting at. Give me a bit more to go by and I'll help you "fill in the blank." In the past 3 years, I had one drawdown of about 25% and a few around 15-20%. I was able to reverse all of those though within a few weeks or about 2 mos. max. So far this year, I...
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    Aaron chat

    I'm a vegetarian. I'll be stuck with some broccoli and maybe mashed potatoes.
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    Aaron chat

    777- You really know your stuff. I could't agree more with you. If an investor wants to invest with a manager, he should probably put his total in over a few months rather than one lump sum. He will probably get a better NAV basis. I personally am a very "streaky" trader. I have been en fuego...
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    Aaron chat

    Uptik and surf- Good points on the chix. I personally just say import/export. Maybe they think I'm in the mob... lol. I think that a sharpe ratio is misleading. It is great if you are doing arb or something, but for an very agressive fund, it just shows that you are very risky b/c of upside...
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    Aaron chat

    Great points. If you go to aaron's website at http://www.schindlertrading.com you will see his monthly results. That may answer a lot of your questions about drawdowns (at least on a monthly basis). I realize that I can do things now with a few hundred k's that can't be done with a few...
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    Aaron chat

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    Aaron chat

    Andre- I think you hit it right on. It isn't ego. I sure am not gonna boast about my fund size. In fact, I managed more last year before I took some out to pay bills, taxes and set some aside for future expenses. As i said above, I felt that I could never grow my account or income to the...
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