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    Identify ES trend daytrade..9:30-10AM (EST) volume..'fact or fiction'...best way is?

    Someone once posted on this board that the ES trends about 15% of the time and, while I've never actually studied it to determine my own numbers, I whole heartedly agree. One of the biggest mistakes traders make is looking for a trend. Think about this for a minute.....if you follow a trend...
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    Can someone recommend a good broker?

    That's one thing I will say about Global Futures....their customer service is top shelf. You call IB and it's kinda like....HELLOOOO....hellllooo...hellooo
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    Can someone recommend a good broker?

    Just running over their site....looks like you can open an account directly with them so you can bypass the middleman but does it save you money? Probably not. You'll probably pay the extra fee but it would go directly to them. If anyone can add info on this I'd appreciate it.
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    Can someone recommend a good broker?

    No doubt because you eliminate the middleman but can you trade directly thru RCG? I clear thru RCG so I'd like to know the answer to that question too if anyone knows.
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    Can someone recommend a good broker?

    Spectra, what does Infinity charge for platforms if you know? I currently trade thru Global and use the GST platform. It's a deal at $50 per month. Infinity got anything in that area? I don't mind paying more if their platforms have more features that I'd use. Thx!
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    How to avoid false signals using MACD?

    One way to stop getting false MACD triggers is to stop using indicators. Do indicators really help you? Think about this....the market is falling and puts in a hard bottom, then goes to a lower low on light volume and heads back up. You check out your MACD and, "ah ha, there's a +div." Did...
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    Taking $.01 to $100,000,000,000 by year end

    ROTF! This is funny, esp the CNBC/Cramer part.
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    Why stocks are not much lower given the problems.

    Not true. They are being held up by the inflation the Fed has created. Massive amounts of liquidity has been pumped into the market and it's working. The question is....how long will it work for given the severity of the situation? Dunno.
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    MF Global "transaction fee"

    I clear through Rosenthal Collins Group and I'm not getting charged any additional fees. If a firm did that to me I would close my account immediately.
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    Starting/Working for a Hedge Fund

    timcar.....for many, many, many years I tried getting hired on with a trading firm, even a prop shop, and I couldn't get a bite. I'm scratching my head over this because I sent resumes' to firms advertising in the local paper, saying you needed to put 5k in yourself, and nothing. I landed 1...
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    Starting/Working for a Hedge Fund

    Don't know because I don't trade stocks. I'm strictly futures and run as a CPO. But, it's my understanding that the hedge fund would not pay anything in short term capital gains. Those gains would be put to the shareholders in a form of a K1 and taxed at their odinary rate. I'm not an...
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    LOL. The SEC Wants to Stop Y'all From Spreading Nasty Rumors About Lehman

    "French fry traffickers " ROTFLMAO Too funny RM!!
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    Bottoms CAN be picked

    I was pretty close to this last bottom but I won't take a trigger this late in the day. Too easy to get smoked if it don't work....
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    The Golden Age for ES Traders

    Absolutly agree. When the ES dies down I wander over to the CL market. Never a dull moment over there. That's a tough contract to trade though. Lot's of wip. Totally different behavior than the ES.
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    Bottoms CAN be picked

    You're a sick puppy LOL
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    Bottoms CAN be picked

    I hear ya Div Arb, different strokes for different folks. I just do what works for me and I have a much harder time picking tops than I do bottoms. I can just smell out the fear at bottoms but it's hard to judge the exictement/greed at tops.
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    Bottoms CAN be picked

    Conventional wisdom states something to the effect of, "It's impossible to pick the exact bottoms of the market." While I agree it is difficult, I couldn't disagree more that it's impossible. Still in the last one. That one was a gift.
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    Fed offers $100 billion more to banks...................

    LOL. Good one Russell. Please PM me with the application :)
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    Is it summer allready /..?

    Spring Break here so Moms are with the kids at the show. Who'da thunk mom's generated so much volume? Volatility will be back next week but I think this will be a slow summer.....
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    Stock Market Is A Scam

    Exactly right. And if the market is manipulated it just presents opportunity after the manipulation is done. What happens to the market when stops have been run?
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