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    Does anyone *make a living* swing trading or long term investing?

    May or may not be more risk with the smaller account. Much depends on the trader themself and their discipline and money management skills. One can take as much risk trading $500K as trading $100K by trading highly volatile stocks. That said, if one "aims" for a target $$$$ return (per your...
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    Does anyone *make a living* swing trading or long term investing?

    No, you don't need $200K or more. One can make a living trading with less. I used around $100K for 10 years. With BP of 4x a $100K cash account has $400K BP, enough to make a living (assume one has a system that they know can work). And a good trader, can (and sometimes does) make over 100% in a...
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    Does anyone *make a living* swing trading or long term investing?

    I've done it for almost 11 years with my beginning of year capital in the $100-110K range. I don't pull out anything at all during the year and have living expenses covered from a bank account. I both day trade and swing trade with swing trading making up about 85% of my profits. This year I...
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    Marekt Weakness- here is why ;;;;;;

    Some of you guys still don't get it. You can short and make money every day. I often trade both long and short the same day and make money both ways. As far as your comment on "mortgage the house" ... many people can't even qualify for loans now since they've remortgaged to pull out some cash...
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    what would you say to your broker if...

    What's your connection to your broker? Dial Up? Cable? DSL? T-1? The lag in getting a confirm can be related to your connection to whomever you trade through. The problem may very well be at your end. You likely have no case.
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    Anybody own a house?

    You must have invested in the wrong houses or in the wrong location. First, the taxes are deductible .. whether primary residence or rental property. Too many fees? You can't day trades houses; need to hold for a while. Forever to trade? The right house in the right location can sell...
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    Anybody own a house?

    Not if you live in the right locations. My last 3 sales I made 50% (in 6 years) in 1999, 160% in 2004 and currently am sitting on a nice gain in my current house. Those gains totalled about $300,000 that were 100% tax free. And the above amounts take into account mortgage payments over the...
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    Gotta love ZERO RISK in the SP500 = $$$

    What a garbage thread ... 67 pages of cheerleading. Why isn't this in Chit Chat? It seems clear that the three "buy the dips" aren't traders, but long term investors. Any trader --- or any real trader, plays both sides and those who think playing short makes no sense have no clue about...
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    I should have made 324,000 last year.

    It's called diversification. The ROI wasn't all that bad. And if he had bought larger positions (i.e. 5000 XYZ, etc.), with less diversification, I suspect you'd be all over him for putting too many eggs in one basket if he had some losers that pulled the returns down. At your age you should be...
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    mbtrading down again?

    I've been up all morning.
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    Gotta love ZERO RISK in the SP500 = $$$

    Many of them can't trade. They're investors who buy and hold. Any real trader plays both sides of the market. Buy & hold types just post on message boards all day.
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    Markets Up 100% Up Room To Go!!!

    Like I suggested earlier, many of the posters here seem to NOT be traders but just investors. They seemingly don't comprehend that you can actually make money intra-day; being short, long or playing BOTH short & long the same day. And some of these one sided traders (i.e. long) are still...
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    Markets Up 100% Up Room To Go!!!

    This stock trader guy is the eternal optimist but his posts show an unwillingness to accept reality at times. Some people see what they want to see and not what's really there. I've suggested in the past that he consider the short side but it seemingly falls on deaf ears. That said, a lot of...
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    Trading alone or with other??

    I traded in an office for 2+ years and have traded alone for 8 years. I prefer the isolation. I can concentrate better and am not tempted to jump in on other guys trades that may have already moved a bit. Just able to focus better at home.
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    Short squeeze on LEA taking place right now

    As stated in 1st post it was just a day trade. Looks like I left a bit on the table but a profit is a profit.
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    Short squeeze on LEA taking place right now

    That was fast ... covered @ $31.68. I'll take 1% in a couple minutes.
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    Short squeeze on LEA taking place right now

    I just shorted a bit @ $32. Day trade only.
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    Total for 2006.

    Started 2006 with $110K ... made 135%. Hope 2007 is as good.
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    MB Trading - Need details

    I've never had any other fees besides commissions and any margin interest when I take home positions overnight using their money. I think they may have a small fee for Level II if you don't have $25K in your account or do some required number of shares per month. I also get price improvement...
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    Very bullish buy opp today this morning

    And those people who bought INTC at $75, CSCO at $70+, SUNW at $60, all the other inflated techs and all the dot.com bombs are still licking their wounds. They've lost a lot of $$$ buying any/all of the above at such irrational prices. Seeing as how we're not even 50% of the way back to NAZ...
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