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    Breaking news: "Paulson PREVENTED Barclays from rescuing Lehman Brothers"

    Anyone who can't see this reality needs instant medical attention. We are really through the looking glass and the system is simply putrid. I do not have any easy answers to cure the problem but I do believe we all need to accept -- no matter what our politics -- that both corruption and...
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    which market to trade... help a new guy out

    I am the fuckin guy that expressed his opinion politely and without rancor. Who the fuck are you?
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    which market to trade... help a new guy out

    Telling someone they are a "wet behind the ear book learned college kid" is not an effective way to communicate with anyone. Try thinking before typing.
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    which market to trade... help a new guy out

    Get a demo account -- Mirus and Amp have been mentioned -- and start with NQ. Take a look at where you stand 90 days later. If you are not in the black start again on a second 90 day period. And, if you are in the black start again for 45 or 60 days. Put two winning periods back to back...
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    1/4% Tax on all stock trades pushed in NY Times today

    Please don't mistake my comments for an endorsement of our political system or the quality of those who hold office. I believe there are serious structural flaws in the altar that we have all been expected to worship before and I am quite sure that a minimum of 50% of those in congress are...
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    PRICE ACTION vs BACK TESTING

    We fairly recently spoke in another thread. I'll look and figure out which one.
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    PRICE ACTION vs BACK TESTING

    For me it is PA. I have heard the rationals -- largely good ones -- for the scientific approach that is able to quantify probabilities in ways that lead to calm unemotional, sometimes even automated, entry and exit points. I have even suffered through those that state we are in a new age...
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    Cheapest Possible but relaibel Data Source

    I have posted this elsewhere -- X-Trader vs CQG -- but think I might get a reliable suggestion here. It's a bit long but I want to adequately describe my needs. ------------------------------------------ I am a new, marginally profitable trader using NQ's $5 tick to learn to swing...
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    X-Trader vs. CQG Trading

    I am a new, marginally profitable trader using NQ's $5 tick to learn to swing intraday. I use X-Trader, pay a high per contract surcharge -- costs me under $100 monthly at current low volume -- and am restricted to CME. About nine minutes into my paper trading a year ago I realized X had a...
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    Fooled by Randomness

    Wasn't paying attention -- it is that time again. I don't hold overnight and its always a jolt to me when I realize another quarter has passed. I am always suspicious when I don't make the tried and true play or protect myself in the tried and true fashion if my reason is : "I don't like...
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    Reading price action

    Please explain what you mean by this comment. I am far from a tape reader and I am at a loss to figure it out your meaning.
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    Fooled by Randomness

    It can be risky to be long or short out months with a small open interest and low volume. If you don't mind keeping substantial margin in the account and are not using stops that can gunned for then it probably doesn't matter. But for most traders having a position in anything but the spot...
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    Fooled by Randomness

    Serendipity has played a larger part in my life than it has for most people -- for both good and bad. It has opened up certain opportunities and in turn it was the pursuit of those opportunities (which seemed, in each case, quite natural) that totaled up to what one could rightly label...
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    Fooled by Randomness

    I told our clients what I believed in terms of results. Hypnosis has only one use if you are trying to quit smoking. Any one of fifty top hypnotists in the world can lower the PERCEPTION of withdrawal pain by 50, 60 or even 80%. Hypnosis is of no value in bolstering a subjects willpower...
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    Fooled by Randomness

    Since I don't know what an inversion note is maybe you shouldn't go through to much trouble to scan the article. I've had an interesting career that spanned a number of distinct and quite varied fields. As I mentioned in an earlier post in the 70's my partner and I owned three tiny...
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    Fooled by Randomness

    Pro ... In the interest of brevity, when I comment on a post, I usually just pull out the meat of it. I am a great believer in brevity when it comes to WHAT OTHERS SAY ... lol. In this case I have copied your comment in its entirety as no one should miss any of your important and already...
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    Fooled by Randomness

    I'm not conversant with the swap market yet I do recall it being said at the time that the reason the spreads went negative (I think I understand that market just well enough to understand what makes that seem impossible) was that there was massive short covering in that market and that...
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    ES learner

    No additional cost to antiicpate winning tomorrow and Friday. Just a thought.
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    ES learner

    tulanch ... I am a novice as you are and I am trading a single NQ contract for intraday swings. Other more experienced traders will express opinions and you should listen to them before another novice but your phrase "winning just 73.478% of the time" -- may well point to a basic conceptual...
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    Fooled by Randomness

    I hope I stay in the business for awhile ... lol. I always perceived trading as a demanding end of the business but frankly I have a new found respect for those who wrestle a solid living or better from the markets year in and year out, dt. My view is that I am back in the financial arena...
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