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    The cost of eurozone disunion is 55bps, Deutsche says

    When I watch CNBC listening to the AMERICAN commentators, and read comments like this I completely understand why the US is being mispriced too low. If you look closer at the EU it is about economics not money pushers! And the economics favors what Germany is doing. Germany is one of the...
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    CNBC sucks. CNBC is down 34%.

    Its easy... When you have a moo moo's like Maria and Joe talking it is no wonder. I personally can't stand Maria's voice. She always has to have the last words, repeats' the comments and always has to lead people to certain outcomes. And I wonder if Joe Kernigan is even alive. He seems...
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    Paying the spread on Interactive Brokers

    Here is the problem I think he is talking about... You put in the order as a combo, and usually if you add the bid and ask together then divide by two you will be getting filled. But these days NO GO... I looked at the underlying price and the problem these days seem to be that the ask's...
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    Paying the spread on Interactive Brokers

    Are you playing calls or puts? I have having a heck of time this month. I think it is the market not giving us a break.
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    If the economy collapses, are you prepared?

    Excuse me for being cynical... You write first you are stock-piling... But then you write... obtain my concealed carry permit Do you see the irony on this? You are planning for chaos, yet you have a permit... Your conscious is split in half that is going crazy and the other half that...
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    How to go about getting a job as a trader

    Learn how to make money... I went through the same thing as you 5 years ago. The answer was that nobody will give you answer because you are clueless on the market. So learn about the market and get yourself a junior job as a gopher for a desk. Yes yes you have a masters in mathematics...
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    Addicted to Average Down?

    And here is an example why average down gets such a bad reputation! For f***s sake you don't average down on a 60%+ run. That is just pure lunacy! Unless of course I have an infinite account. Regarding stick to one's rules... Yesterday it happened to me. X gapped down to just at the cut off...
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    Addicted to Average Down?

    IMO only if you are doing contrarian investing with a given risk profile where a lower price means a better bargain.
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    If the economy collapses, are you prepared?

    Now that is funny... USA more educated? That's funny... Not to say that Americans are not educated, but the educated lot will be the first ones to be shot. Why? Because they will try to reason... You think that religion is going to help you? You have got to be kidding me. If Haiti is...
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    If the economy collapses, are you prepared?

    You underestimate the thugs... I was thinking, where could this happen and be a role model of what could happen. Then it hit me Haiti... http://www.google.com/hostednews/canadianpress/article/ALeqM5jJ4ufrzfFMQbvUHuvq36Kofnel0A Neighbourhood residents say three people died and several...
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    Addicted to Average Down?

    And example of using averaging down at the wrong moment... As I watch this Joe Terranova said on Fast Money that he was doubling down on Apple... In my opinion this is why people blow up their accounts. Of course I don't know his allocation profiles nor his risk. So maybe he is ok because...
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    Addicted to Average Down?

    That's funny....
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    If the economy collapses, are you prepared?

    Go back around 130 years ago in America. Remember the frontier? Remember how there was plenty of lawlessness? Or go back 150 years to Europe. People were bashing each other on the head for no real reason other than, "I want what you have so give it to me!" You are right though, leaders will...
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    Addicted to Average Down?

    IB charges 1 USD minimum per trade. Since I have an upper limit of 200 USD per trade that represents 0.5% profit. Now imagine you were charged 7 USD, then you would have to eat 3.5% profit. If I was charged 7 USD per trade I would need a 7 digit account to make my strategy work. I don't have a 7...
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    If the economy collapses, are you prepared?

    You are expecting that the worst is somehow orderly? Let's say that you happen to have a farm that produces food. Your neighbors on the other hand have no food. How long do you think it will take for a mob to develop? And how long do you think it will take for that mob to shoot you in the head...
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    If the economy collapses, are you prepared?

    You can't be prepared for the worst, because you don't know what the worst will be... Ok, let's say the following... The stock market drops to zero. Everyone in the financial community will cry despair and the world will collapse, right? Wrong, try telling that to the farmer in India...
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    Addicted to Average Down?

    Thank-you for your long response, but I hate to say it, I don't think you were following any of the responses. In essence what you are saying is that I average down because I need to be right and hence my account being deep enough allows me to be right all the time. This re-enforces bad...
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    Addicted to Average Down?

    I was interested in this statistic as well, and as it turns out, it does not matter. Percentage wise the stocks return the same amount (approximately). Absolute dollar amounts of course the amounts are different. However, I have lots and lots of positions and hence sometimes I end up with many...
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    Addicted to Average Down?

    And this is why I DETEST leverage... Before, during and now one of my main interests in the market has been financial history since the 1800's. And it is amazing on how many times leverage has been a cause of a collapse.
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    Addicted to Average Down?

    Yes I did let it run to be a momentum trade. And here is where discretion comes into play. Contrarians do expect their trades to become momentum plays. However, they will exit once they made their money. I tend to leave quite a bit of money on the table. The general rule as it was taught to...
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