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    Brain Teasers

    Yes, the answer is definitely 6.
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    The first 30 minutes

    You forgot the biggest and most likely cause, RUMORS. The best trading is done in the morning before 10AM and the last hour of the day. Midday trading is generally the worst. Usually boredom plays that don't do much of anything. I wish I didn't make them, but I'm a junkie for action I can't...
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    Beers and Smoke before or while trading

    Best place to go near Wall St. is the Nassau Bar on Nassau St. Chicks in lingerie serving drinks. Some of the girls are really crazy, they'll even flash you. What more could you ask for? Lingerie chicks can really help you forget a bad day.
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    Beers and Smoke before or while trading

    Nothing wrong with a beer or 2 at lunch. Just don't drink so many that you get beer goggles. Just like when you could end up with a fat chick when you're too buzzed, that you end up kicking yourself for later. You could end up making bad trading decisions that you'll regret tomorrow.
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    How much training is required before you can make consistent profits?

    I think 6 months is a reasonable target time to become profitable. If you are trading your own money and have half a brain, you should understand that there is a learning curve and trade accordingly. In other words start out trading only 100 or 200 shares. Even if you lose a little on most...
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    I hate THC

    THC is delta-9 tetrahydrocannabinol, the major psychoactive chemical compound produced in high concentrations in marijuana What's not to like about that? :cool:
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    Macd

    Definitely, I use a MACD study with Stochastics (slow and fast) overlayed on top of it. On the actual stock chart I overlay Bollinger bands. I have found that when all these indicators together "agree" that a stock is overbought or oversold and beginning to turn back toward the trend it is an...
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    Any brokers that dont enforce the 3 trade rule?

    First of all, it's not illegal. It's an NASD rule, not a law. One brokerage firm has no knowledge of another's activities. This is a brokerage firm rule, not a rule for individual traders. You could do 3 day trades in 3 (or as many as you want) different accounts, as long as you don't...
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    Active Traders

    The best indicators I have found for intraday trading are a 1 minute chart overlaid with the Bollinger bands and with a seperate MACD study with Stochastics (Slow and Fast) overlaid on the study below the chart. I have found that when all the above indicators "agree" that something is oversold...
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    "Elite" trader means top line professional

    I just wanted to say that if you're worrying about a little profanity here or there on these boards you need to get a life. There certainly is not widespread vulgarity. An occasional outburst does not ruin the credibilty of the board. Besides real traders don't sit here posting all day, because...
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    Payout Structure Questions at Interview

    Just ask if there is a draw. If they say yes, consider yourself lucky if they decide to take you. The experience you will gain from working along side experienced traders is more valuable than any crappy little salary they can give you.
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    Chances of an Ivy MBA??

    You'll probably need a GMAT around the 700 ballpark. They will consider the trading, but it certainly won't be a big asset on your app. that makes you shoe in. It won't be too highly regarded, although I don't think it'll hurt you if you have a good GMAT score.
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    Top Advisory

    I don't personally use advisory services. I tend to think they would be trading not chatting, if they are as good as they say they are. That being said I have received several emails with some claims of huge gains form these guys: www.stockpicktrader.com This is not an endorsement. I don't...
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    Smart routing vs. Isld?

    I would say if a penny here or there doen't effect your style use the smart order routing. You may want to say want company you're doing your smart routing with, because believe me they are definitely not all programmed equally with the same logic.
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    Cinncinatti exchange?

    Read this link on Island's website, which explains their involvement with Cinnci. http://www.island.com/corp/press/pressreleases/release20020913.asp
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    what got you into trading ??

    You mean there are people who don't trade?
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    10/23/02...

    Thanks Johnny From: Ponyboy
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    Pink Floyd, Trading

    Another Brick in the Wall, Part III I don't need no walls around me. And I don't need no drugs to calm me. I have seen the writing on the wall. Don't think I need any thing at all. No. Don't think I need anything at all. All in all it was all just the bricks in the wall. All in all it...
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    Island is down!?!?

    No, real traders trade during the day. If we have orders stuck out on Island, we're more worried about those orders then writing meaningless messages on a board. The people who have time to post 30 messages a day are the ones who are not "real traders".
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    The Daytrader Stigma

    Laugh in their face. If everyone worried about what other think we wouldn't have half the inventions in the world. I bet when someone invented the wheel his family told him that it was stupid. People tend to mock what they don't understand. Bottom line: If someone knocks you for trading...
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