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    the fed saves stocks again??

    While you were away, ET has accumulated 72,000 members. Your dismay of not recognizing the nicknames is akin to walking the streets of New York, stopping random people, and asking, "Who the hell are you? I've never seen you before". Manufactured or not, you can either make money, or lose...
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    ES Journal - 2014

    40 points range so far today. All from a lil' virus?
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    ES Journal - 2014

    I believe you were reprimanded because of your comments, such as "I really don't want to do it, but...", "I don't like it, but going long", and "Last try...". These are indicative of the gambler mentality. I don't think you upset anyone, it's just someone pointed out the obvious.
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    ES Journal - 2014

    Flat at 1914.
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    ES Journal - 2014

    Added to long at 1909. This looks extremely oversold.
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    ES Journal - 2014

    Long 1913.
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    CL move today

    I am surprised no one pointed out that since CL is priced in USD, its price has a lot to do with the USD strength, so this most recent decline in CL can be explained to a large degree with the USD strength. Take a look at the chart below where the CL is superimposed on the EUR-USD. There is a...
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    ES Journal - 2014

    Flat at 1927 and done for the day. Too much action, had enough.
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    ES Journal - 2014

    Maxed my position at Long 1921.
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    ES Journal - 2014

    Added to long at 1927.
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    ES Journal - 2014

    Looking good to me. I suppose you have a different definition of "good".
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    ES Journal - 2014

    added at long 33.
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    ES Journal - 2014

    Long 35.
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    Spoofing becoming illegal

    Think of it as a temporary sacrifice to gain the initiative. You are paying for the privilege of being in the front of the queue. Let's say that you sell apples at the farmer's market. There is another seller over there, selling at $2 per pound, and no other sellers. Let's also suppose that your...
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    Spoofing becoming illegal

    Highly unlikely. The spoofer places orders below the best bid and above the best offer, and cancels almost immediately. He doesn't want to get filled. His purpose is to artificially distort the order flow, i.e. create an (false) impression that the orders are going in a particular direction...
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    Spoofing becoming illegal

    The high ratio of cancelled orders vs executed orders is probably a good indication of spoofing. 100:1 or higher would raise my eyebrow, if I were the regulator. Another indication is how long, on average, are your orders active, before they are cancelled. One second or less should probably be...
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    Spoofing becoming illegal

    Spoofing: Submitting limit orders with no expectation (or intention) that these orders would be filled. The real intent is to artificially distort the balance in the exchange order book. For example, submit a large number of orders on the buy side, to induce the up movement in price. In effect...
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    Setting number of posts per page

    That's unfortunate. There are many 100+ page threads, and the way I read them is to visually scan the page to quickly filter out the garbage, and focus on the content that I find interesting. Since the ratio of garbage-to-content is about 10:1, I find myself clicking the "next" link every 10...
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    Setting number of posts per page

    'ello there, There used to be a setting that allowed me to set the number of displayed posts per page, which I found useful, especially when reading long threads. I don't see that setting in my account preferences anymore. Has it been moved somewhere else? Thanks.
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    HFT dangers

    I bet that human errors in manual trade entry and rogue traders cost even more than the software bugs. The $3 million loss is nothing compared to the $1 billion loss by Nick Leeson at Barings Bank, or the $2 billion loss by Bruno Iksil at JPMorgan, or the $7.2 billion loss by Jérôme Kerviel at...
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