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    The logic of IB Nasdaq Stop Orders?

    I sent a message to IB mgmt on behalf of everyone here and myself and received the following reply: Thank you for pointing out our error, it [description of algorithm] has been fixed. --Steve Sanders (from IB) Apparently when they wrote the explanation of the algorithm, they mixed up...
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    Question about Steve Woods 2400% return

    I wrote to Steve and pointed out that all the examples that he provides in his article (TA of S&C 1996) would generate the same signal not based on his technique but simply because it presented a very clear channel breakout. Any student of TA would be able to see this and take either long or...
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    September Trading Journals

    Hitman, I've noticed that you pay a very large portion of your profits in commissions (for example today it was 39% of your gross). Have you considered that this may be a hinderance to your further success? for example, what if you start to become more selective and trade less? just some thoughts.
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    Remove this virus from your computer

    Robert, this worm will only affect you if you are running a server. If you don't know go to the Windows Task Manager (since I run Win2k I press Ctrl+Alt+Del) and then click the Processes tab. Under there you will find all the individual programs running on your system. Look for anything that...
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    Question about Steve Woods 2400% return

    mjt, interesting offer. I am curious what the results would have been but since I do not have the time I will just appx the results and say that in a trending market, the strategy will do well (as almost any decent channel breakout would), in a winding one it will get shredded or simply not...
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    Question about Steve Woods 2400% return

    I was very skeptical at first (four digit percentage returns always make me roll my eyes) but I've just reviewed his website and read this: "These formations demonstrate an idea at the heart of Float Analysis: if a large percentage of a stock's ownership changes hands while the stock's price...
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    Must know before trade on Monday!

    All US interlisted stocks on any foreign exchange were halted on Tuesday Sept 11 2001.
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    Next week Fed cut?

    a reduction in Fed Fund rate will take a long time to work its way through the system. A much more appropriate response is to inject short term liquidity into the markets, which the Fed has already done (around $30B and $68B the next day). The Fed may very well reduce rates, however it is...
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    **Patriots First...Traders Second**

    limbo, although this is a stomach churning discussion, this sort of thing is what Isreal does. It goes to the suicide bomber's home village and asks everyone to get out of homes, parks, offices, factories, etc. and with a couple of dozen bulldozers they level the whole area to rubble. The...
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    Overseas Markets and early indications

    ECB has injected slightly more than 69 Billion Euros into their banking system (appx equal to the amount yesterday). They have however kept interest rates unchanged (4.25%).
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    **Patriots First...Traders Second**

    trader58, I don't know how you think that I am joking. Because of this tragedy airlines will not be flying for a while and people will be reluctant to fly. I myself had planned a trip which is now cancelled. This lower demand of jet fuel will be enough to not cause a pop in oil prices. Only my...
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    **Patriots First...Traders Second**

    Hitman, I agree with you. We are traders as our profession. What we are as human beings is shown by our conduct and the content of our character. I don't think oil will pop because of the perceived loss of demand from the airline industry. Which brings us to the one short you forgot.
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    Terrorist Attack on World Trade Center NY

    Yeah, ok. I'm the one that hasn't done research. I just write stuff from the UN Human Rights Council and quote from the Koran. But that's just "utter rubbish".
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    Terrorist Attack on World Trade Center NY

    http://www.pbs.org/wgbh/pages/frontline/shows/binladen/who/
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    Tommorrow's Trading?

    Sources of out Germany (XETRA) are announcing that US markets will NOT open tomorrow (THURSDAY).
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    Terrorist Attack on World Trade Center NY

    ------------------ Islam and tolerate in the same sentence? How do you reconcile the attrocities being perpetrated right now and in the past by the Islamic government of Iran on the largest religious minority in that country, the Bahai's. Baha'is are not allowed to travel, marry, own or run...
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    Terrorist Attack on World Trade Center NY

    I agree with the others, I would prefer to see the mkt closed for the rest of the week and have the following days as time to reflect. The world needs to let this tragedy sink in. Most people are in total and absolute shock. In that state, they will not be making rational decisions.
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    Terrorist Attack on World Trade Center NY

    I think the US will respond with a massive attack on Bin-Ladin and his group. Would not want to be in Afghanistan right now or the next few weeks. I hope it is not the first link in a world destabilizing chain of events.
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    Trading Psychology

    You are absolutely correct that to be an athlete you need the physical requirement. However, this only garners you the ability to enter the arena. If you want to excel, you soon realize that it is not braun but the grey matter between your ears that will distinguish you from others. In...
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    Terrorist Attack on World Trade Center NY

    I'm in total shock! I pray that everyone will get out of this with the minimum consequences except for those responsible for this. This unfortunate incident shows clearly that the US has to try and protect itself from local terrorism and not missiles from half way around the world.
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