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    Anyone trading with a profit objective of $100 A WEEK?

    I'm retired and don't need more than my current income. Will be more than happy if I can make enough to buy a weekly bottle of good value Champagne ($29.99 Perrier-Jouët on sale at the local liquor store) and a Saturday night dinner at Chili's or TGIF or Ruby Tuesday with the wifey. Just...
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    Need Help with Lottery/Gambling Tax questions

    You plan to publish a research paper based on advice collected on ET? :D
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    Nassim Taleb?

    Dismissing Taleb's work because Treasuries might experience a black swan as well misses the point. He's saying risk managers take on risks they don't understand because they rely on unreliable "correlations" and assume "normal distributions" which do not apply in finance, hence a preference...
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    Shanghai real estate in HUGE HUGE HUGE bubble

    If, as mentioned in th article, this only happens 10 years from now, then we have a nice safety margin...
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    Strong stocks

    DO, NE, NEU. All with PEG below 1 and paying dividends. NE a little slow to move as just failed to go through 50 day MA, but will have another go at it. DO and NE are drillers. Some reason the market doesn't like these, but when that changes, PEG may double/triple in long run. Also HEI, BRKR...
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    Soseki's journal

    Good luck in your trading. Not sure I understand your plan though. What do you mean by "general trend"? Either your pairs have a common element, say $/yen and EUR/$ in which case what you trade is a third pair, in that case EUR/Yen, or they don't, say EUR/$ and GBP/Yen and then there's no...
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    what does a steep nearby CL contango tell us?

    Day4night, First of all, the current recession has been caused by the housing market crash with no relevance of energy prices: the bubble burst because double digit price increases simply are unsustainable and the Fed increased interest rates 425 bp (from 1% to 5.25%) between end 2003 and July...
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    Al Qaeda Terror Plot - Reason for Late Day Selloff

    How come oil is not moving, then?
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    Private investors pile back into UK equities

    So, do you mean it's a good time to sell? That'd be my conclusion.
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    What are they going to do with the FAZ?

    Liquidate it, I guess. FAZ shareholders don't own a piece of a company but a share of a trading position (short financial stock, party to some kind of total return swap or something akin to that). When that position gets worthless, the fund has to be unwound. JMHO. That's a legitimate...
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    IB symbols

    They all trade the same (barrel price). Only diff is the multiplier: 500 for QM and 1000 for CL. Also, bid/ask is tighter for CL.
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    Next Level Trading

    Try the below link. Should get you further. Phone is on that page. http://nextleveltrading.wordpress.com/about/
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    NASAA Study: 1 in 26 Day Trading Accounts Tracked Successful: 70% Lose Everything

    Let's discuss the first sentence: "Numerous market studies have concluded that accurate market timing is not possible, even for professional money managers. Day trading is the ultimate test of market timing in that the trade is opened and closed within the same day". Day traders do not...
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    The Electric Day Trader and Ruin. How probability oppposes short-term investors.

    Anybody who bases a study on day trading on the assumption that traders risk between 10 and 25% of their capital on each trade deserves to remain in academia for the rest of their lives.
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