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    Noob Style

    The biggest problem I see with your future trading career is a lack of motivation. You already do pretty well for yourself. You already have capital and you are looking to trade to avoid the daily grind. You can definitely get to the point where you don't have to trade much to make a lot of...
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    Noob Style

    Hey man. Looks like you have been learning a lot since I last read this. It would also appear that you are learning some of the problems with scalping stocks on a retail account. You have slippage, commissions, and all sorts of other problems. I've said it before, but my biggest advice to you is...
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    FCC's Takeover of the Internet

    You can call it a kingdom, empire, nation, country, it doesn't matter. The power structure has controlled the flow of information since the beginning of civilization. Do the sheeple even really want to know everything? We shall soon find out.
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    Do you think the Fed will ever raise rates?

    You can say you don't feel like its from demand all you want. There is proof it isn't from dollar devaluation. Your idea that it is speculation driven is possible, but if that speculation is purely based on a dollar devaluation inflation expectation then price will collapse as that is obviously...
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    Do you think the Fed will ever raise rates?

    Since QE2 was announced the dollar has rallied along side commodities. You want me to believe commodity inflation is a result of a weak dollar, but the market does not agree with your analysis. Is it not more likely that the inflation in the commodities sector is nothing more than the market...
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    Do you think the Fed will ever raise rates?

    Hey maybe I'm way off base. I guess we will find out this year.
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    Do you think the Fed will ever raise rates?

    You mean we are seeing inflation during a period where economic expectations are increasing? Can you not see how they might be correlated? But is my guess at their correlation any more accurate than your guess? Association does not necessarily equal causation in either scenario. So really we...
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    Do you think the Fed will ever raise rates?

    Bernake raising rates doesn't halt growth in the developing world. Consumption growth in those countries is driving commodity inflation. We have no policy tool that can stop that. We accounted for more of the demand in 1980 and thus held more influence over their price. We cannot control the...
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    More & more empty store fronts in Chicago. Beware commercial Real Estate.

    Seriously? Because these aren't surplus lima beans they are several hundred thousand dollar houses that represent the lifetime investment of families. Normal people are less willing to recognize and accept that they have to take that kind of hit. Housing prices are far sticker than most assets...
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    Do you think the Fed will ever raise rates?

    Ok, lets suppose the FED did use energy and food in its calculation. Now when the FED goes to make a policy decision based on their inflation data they are going to end up trying to fix a problem their policies can't affect. Increases in food and energy costs are directly related to the growth...
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    Do you think the Fed will ever raise rates?

    How is this a joke. Those two sectors are heavily influenced by external demand and thus are poor indications of inflation due to FED intervention. They don't want to know how much prices are increasing because of expanding demand in the developing world. They want to know how much their...
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    Noob Style

    I think if you are taking the break out as your signal then you aren't going to get a stop with good R:R. That's just not a good entry. If you are getting in on the swing from the other support area and are in the trade before it break resistance then your stop is all the way down at the old...
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    Noob Style

    You need to have multiple time frames open. Take trades off of the lowest time frame while using the other TF's for determining your trading days direction and type. But you need to take trades off PA on the lowest TF you trade. Put stops under or above the structures extreme, not the second...
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    2011-12 Forecast

    The tax cuts keep 700+ billion from being removed from the credit system where they can be used for loans at up to ten times there dollar figure. If the money was taken in as tax and spent directly the multiplier is only 1. Some studies suggest this number could be slightly higher, but I...
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    2011-12 Forecast

    If the same person made countless predictions and then continuously were false until one day they were right I would agree with your sentiment. However, I made this call about a week ago and unlike your example I haven't been a screaming bull since 2008. There were times throughout the recession...
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    Noob Style

    Fakeouts and running into areas where stops are placed isn't really manipulation. Its just a part of trading. You are playing against other people. You have to be smarter. Thats the bottom line.
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    Noob Style

    If you are just trading break outs and simple support/resistance you should look into trading futures instead of ETF's. They are far more liquid and will help your profitability by cutting down on slippage. They aren't any harder they are just the new day trading arena. There aren't many retail...
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    2011-12 Forecast

    Its hard to say fear doesn't sell. It may be that my commentary is just boring, but the initial post did have substance. I can't help but notice posts with far less content that generate a great deal more interest. The only common factor is the negative outlook they share. I'm going to take the...
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    The Money Situation

    Forex has been regulated down to 50:1 leverage I believe. Oanda will let you learn what you are doing for a $1. If you are purely directional trading using options for leverage, which is what it seems like, it will be no easier than trading forex. Forecasting direction is the same skill in...
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    Will Fiji be the First country to acknowledege The

    23 Then if any man shall say unto you, Lo, here is Christ, or there; believe it not. 24 For there shall arise false Christs, and false prophets, and shall shew great signs and wonders; insomuch that, if it were possible, they shall deceive the very elect. 25 Behold, I have told you...
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