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In all honestly I can't give a specific example of what would make me fold my position. Say yesterday's low was taken out, I'd probably tripple my position as that's too obvious of a stop blower (I very highly doubt that happens except premarket). If it starts to go up fast, that's the only...

All bvsn questions, please see http://elitetrader.com/vb/showthread.php?s=&threadid=2074 I'd like to keep candletrader's excellent thread on topic. Thankyou.

I don't belive in stops. When the reason for the trade disappears, so will my position.....

I would also like to keep this thread on topic, so this will be my only post on the bvsn rationalle. If you want to discuss it, please start a new thread. I trade the GNP, if you have more interest on that, I recommend that you read my 2 extensive threads on it. Bvsn follows this pattern. I...

Will they really arrest me. I trade drunk/hungover at least 2 days each week, and my performance isn't that hindered. It's just a fact of life when living next to the fraternity house.

Made a big 500 bucks today. There was no meat to any moves. I ended august with an ass poor 7% account gain. Lets hope that the trading gods shine on us later on this year. -------------------------- I'm taking home 51k (possibly more) bvsn that I bought on the close at 1.28 avg. I recommend...

you have no idea at all........ I woke up from my stupor at 11:15 or so today, I totally missed that 1 pt aol move I was looking for. I should have flipped my calls for 3k, instead I made chump change..... by the way, did anyone see me out last night? Last thing I remember is buying some beers...

it's called elitetradinginaction.... for some reason, yahoochat, has been wierd lately, and it's been tough to get in.

I didn't trade much either today. I made 9k on a hc scalp, but blew 8k on other dumb stuff. After commish, I took $150. I guess that will cover tonight's bar tab. This market has been brutal (especially if you don't short much like me). The dow has dropped 500 pts in 4 trading days. As far as...

If the futs are causing you trouble, I recommend staying away from liquid stocks that trade with the futs. Some stocks that are thinner, have a trader in them that HAS to finish a position by close. If there's no one to take the other side, that stock moves, and fast. The futs dont matter. I...

I'm absolutely confident that I could turn 100%+ a year. Not to sound boastful, but I just know I could. I already have a room. I would feel like a prick if I made people pay for my thoughts.... Trust me, they're not that great. Besides, no one in my room even trusts my ideas. It's very...

If you can just break even now, when we get a meaty time, you should be able to clean up. Lots of people became arrogant cause they made tons a few years ago, but they never learned how to be good at it. -------------------------- I had one and only one winning trade today out of about 40...

why do you say that?

I agree, I will loose some preformance with more capital. But I think I could very easilly do 100%+ still. My average trade of the type that I would do on hedge stuff would be probably a few hours-2 days. But I would also do position trading. I also know that in most things that I trade, I could...

Definately true. Anytime I see something of 10k or more, I just do a 5k market order. Even if it sweeps the stock up 1.5 pts, I know that I can offer em all out and get taken for a quick half point. It's a freebie. Look at nc when it made that vertical move up earlier this year. I scalped halves...

I'm 20. I'm a trader, but my parents want me to remain in college, so I do. I'm a roman histroy major (as odd as that sounds). It's the only thing that in the slightest bit interests me in college. I put almost no effort into school besides just attending. I would rather make much more honestly...

Hmmmm. This all sounds like a lot of headache. A lot more than I considered at the start. What type of backoffice staff do you have. I assume I'm gonna need a secretary of some sort. I don't want to have to handle books of paperwork and non-stop calls all day. I assume that I'll also need at...

Interesting post babak I always assumed that the next logical step is to go hedge after having a decent 3 year record. There are definately other aspects that you have to consider when becomming a fund that are troubling. Still.... I think that the best way to make a lot of money is to manage...

Thanx candletrader- Have you ever read it? A bit expensive, but probably worth it eh?

Yes, the best thing about it is the fact that you can keep about 10-20%+ of the gains. If you are a hedgie who pulls just 100% annually, you could easilly charge 30%+ of gains. That's some serious money on a 50 mil account (and many funds are in the hundreds of millions range), and much more...