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    Seriously thinking turning Fulltime trader

    Besides hormones, lack of sleep hits your immune system really hard. I'm going to tell you what you already know: all the money in the world won't help you if you don't have your health. If you've been getting no sleep for a long time, it will have effected your hormone levels and you may...
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    Seriously thinking turning Fulltime trader

    Lack of sleep is incredibly hard on the body. I urge you to consider what you're doing to yourself (and your hormones): http://www.peaktestosterone.com/sleep.htm
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    Here is why the world’s smart money is being invested in Brazil.

    Thx for doing a little "advertising" for et! Btw, the way I see it: You don't need to defend Brazil to your friends or to anyone on et. There is no resource rich country on planet earth and it is well-managed from a central bank perspective overall. You put those two together and in...
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    Here is why the world’s smart money is being invested in Brazil.

    I agree with anyone, you in this case, who says employment is in the 5-10% range here. There's no way it is 20% in the US. I believe those are pre-euro Western European levels. And, as Americans, we both know that people drag themselves after paying a year's salary to some coyote across...
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    Here is why the world’s smart money is being invested in Brazil.

    Don't forget about MXF and EWW. You've got some definite negative exposure if Obregon wins in the future. He's a lot closer to Hugo Chavez than Calderon and will probably set the country back about 20 years. They also have a problem with their consitition: it limits foreign investment, etc...
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    Here is why the world’s smart money is being invested in Brazil.

    Remember that I don't know your guys' history: he might of said something about your mother for all I know. I just want him to keep posting. He's one of the 10-20% on et that posts some content. If those guys all go away, there's really no reason to be here.
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    Here is why the world’s smart money is being invested in Brazil.

    What's interesting is that I think the Tupi and other Brazilian discoveries have put the pressure on the Saudis. They are now putting in major refining installations to get some of their uglier oil converted to more usable products. It all won't be ready for about five years, but I think they...
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    Here is why the world’s smart money is being invested in Brazil.

    Keep posting. I don't agree with some of what you say but appreciate the effort and info. Most of the posts on et have no informational content whatsover - I appreciate the fact that you're trying to keep us informed and don't mind your enthusiasm for your homeland... Besides, it's kind of...
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    US is becoming a banana republic

    Forget about it: it will incresingly go more and more socialistic as Europe has and there's nothing any of us can do to stop it. The great majority of people have no clue about economics or basic financial principles and the great majority of people is who votes in politicians...
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    Here is why the world’s smart money is being invested in Brazil.

    Your previous post was great: full of good info. Thx.
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    Why do we need foreign oil?

    Look at the article "Forget Alaska: It's All in North Dakota!" http://mjperry.blogspot.com/
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    Seriously thinking turning Fulltime trader

    Question: Are you sure your system(s) will work in all markets and all conditions? Can you explain your drawdowns? Even 100k seems awful lean to me. Plus, how will you ever save for retirement?
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    Maintaining discipline

    Gotcha. Well, what helped me is concentrating not on the # of wins, but the winning percentage. If you do the math, it's generally the winning percentage that counts much more toward profits and, just as important, keeps your drawdown minimal. Use the rest of your time to keep that...
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    Why most traders fail

    I trade between a quarter and a third on any one stock. Sometimes I had to do odd lots! But I never went over a third. I also avoid trading a few days before or after earnings releases for obvious reasons...
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    Why most traders fail

    I started with < 10k in an IRA IB account swing trading stocks and have slowly built it up. I trade no margin, long only. The secret is, imho, lots of backtesting and lots of practice. Of course, there's many roads to get to the same destination. I'm just telling you my experience. It took...
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    Why most traders fail

    Not if you have a minimal drawdown strategy with no margin. Traders can trade with a small account if they can satisy this criterion. I know because I have done it with no problems...
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    Shale End All Our Problems?

    Interesting post! But, apparently, it's not really an energy source per Wikipedia: http://en.wikipedia.org/wiki/John_Kanzius Later in 2007, Kanzius announced that the same radio frequency transmitter can also be used to burn hydrogen electrolyzed from salt water.[8] [12] The discovery was...
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    Maintaining discipline

    You know I've read through your thread - thx for all the links and ideas btw - and it seems you might have trouble with getting bored and then pulling the trigger just to relieve your boredom? If that's wrong, then forgive me. But what I'm getting at is that imo it's better to do one trade...
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    Shale End All Our Problems?

    I disagree. The French have kicked the world's a$$ with the old nuke technology and have proven that it can be done safely for decades. But, more importantly, the new pebble bed technology is the wave of the future. It promises clean, efficient technology that is light years better for our...
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    The New South America Union.

    This is really a very good point. European countries had, for the most part, a common socialist, big government heritage and a generally "Francophile" way of looking at things. South America does not seem to share a common homogenous heritage. For example, you have serveral countries going a...
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