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    Larry Williams update: "Now on the run" - Daily Telegraph

    Dan Zanger has already broken it, hasn't he? Zanger did not trade futures, but his rate of return was higher.
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    Larry Williams update: "Now on the run" - Daily Telegraph

    If Mr. Williams could consistently do what he did in 1987, without fatal drawdowns due to excessive risk, there would be no need for him to conduct trading seminars for a couple of grand a person.
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    Anabolic Steroid With Big Diet

    The Weider mags are printed infomercials for the bodybuilders under contract, for Weider contests, and for Weider products. I have no problem with marketing, but it is easy for the reader to think that you too can get Ronnie Coleman's shoulders or Jay Cutler's chest if you do this routine and...
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    Anabolic Steroid With Big Diet

    The Weider mags are infomercials for the bodybuilders under contract, for Weider contests, and for Weider products. I have no problem with marketing, but it is easy for the reader to think that you too can get Ronnie Coleman's shoulders or Jay Cutler's chest if you do this routine and buy this...
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    Anabolic Steroid With Big Diet

    Hardcore bodybuilding has little to nothing to do with health. I have lifted seriously for twenty years and have never taken anything stronger than creatine. I lift for health reasons and because I want to look my best, too. Lilke most who go to a gym. I cannot speak for others, nor...
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    Daytrading IRA margin account--IB only?

    Are you sure IB allows that? I don't think so. With my wife's IRA the three-day rule is enforced, though IB does allow one to trade stock futures, which do not required any settlement at all.
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    Obese Americans

    Europeans eat fatty foods but do so in moderation. If Americans did the same, they'd look just like Europeans. Except with better teeth. You won't see many all-you-can-eat pizza joints in London, but you can get fish-n-chips everywhere.
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    Obese Americans

    Yes, that's the one thing we hardbodies with the chiseled physiques lack: a built-in airbag. :-)
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    nat gas to 8.00 in 2 weeks

    Only way we'd see $3 gas is if oil tanks big time to $45.
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    Buy every dip in Dow Mini till November

    Are you arguing that there is a conspiracy of Republican party members/leaders who are going to put up millions, if not billions, of their own money to prop up stocks for political reasons? Wouldn't it be easier to simply give millions to the relatively few endangered Republicans in the House...
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    trend following delusion shattered

    I just completed a study covering seven years of trading on SPDRs (the etf SPY). Buying weakness had a much better risk/reward potential than buying strength. I defined "buying weakness" as buying limit at the so-called pivot point level S2. Buying at S1, R1, or R2 were inferior...
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    Trading and Job

    I've done it for ten years. I love both of my jobs, and at this point I cannot see myself quitting or retiring from either one.
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    It is IMPOSSIBLE to make money in the markets

    I wouldn't go as far as saying that it is impossible to make money in zero-sum markets like futures (and options). I WOULD say, though, that most who try could make a better living getting a degree or two and obtaining a real job with a real salary and such.
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    Trading is for dumb people

    Trading IS easy in that it (1) can be done and mastered without a formal education; (2) basically boils down to betting on numbers; (3) there are few barriers to opening an account; (4) a person can have a full-time job/career outside of trading and still be a successful trader. Jesse...
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    Pivot Ranges: Useful Tool or Snake Oil?

    I have done some extensive research on pivot points and the etf SPY this summer. Here are a few of my findings, based on research going back to early 1999. 1. For daytraders, buying breakouts of R2 and S2 has been marginally profitable, but once you add slippage and commissions, all profit...
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    Fed countdown

    Degenerate gamblers deserve every penny they lose.
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    Hang Seng and Nikkei futures

    Yes, the lunch time gaps can be significant, but if one is trading American indices and goes to lunch at 11:30 EST and comes back to the screen at 1:30 or 2:00 (during the so-called Dead Zone), there can be some pretty significant gaps there too. I don't know, at least in those terms, if the...
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    Hang Seng and Nikkei futures

    The gaps on HSI are an issue only if you do not close out eod. Most of the time the daily range is actually lower than the indices on American exchanges.
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    It is IMPOSSIBLE to make money in the markets

    Good advice, in general, but every system does poorly sometimes, and even poor systems have periods of outperformance. In any case, systems can only tell us what worked in the past. There is no way of knowing in advance whether the system will continue to work as well as it did when it was...
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    It is IMPOSSIBLE to make money in the markets

    The more frequently one trades, the truer that statement is, since not only to daytraders (professionals who do it as their only source of income) have to be profitable, they have to be consistently profitable. Daytrading certainly has a winner-take-all element. My guess is that there are a...
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