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thoughtfulfrog, you just reminded me of the frustrations i used to endure when i first started in this game. trying times to be sure! the good news is most of the problems you mentioned CAN be corrected. hang in there - you may be a lot closer than you think!

no way man, the whole thing was a hoax

just to play monday morning quarterback for a moment.. you were initialy looking to go short and then flip and go long at 12.50 right? if your system has u setting stops up to 10 points, i'm curious as to why it got you stopped out today? as your position was hardly in the money at all.

oh really... you don't say.. of course there are stocks that move more than a point a day. most don't move more than two or three points though, normally. so if you manage to capture half the freakin daily range of a stock you're gonna call it a "scalp"?? as if oh, and i mostly trade...

scalping, it its original definition, meant making the spread. simple as that. there can be no denying that. those opportunities have kind of deteriorated now. i'm pretty sure most people would agree with that. anyone that's ever watched a nasdaq stock trade will know that quick...

you're an idiot

real world, cubano. try thinking real world.

nope. nothing doing. scalping - today - is a highly active style of trading that takes advantage of the minor price fluctuations that occur from moment to moment. highly skillful shit. not for the faint of heart. 1 point moves simply do not occur frequently enough for it be considered a...

lol. at best i can say that using the word "meek" was a bad translation from the original greek. as "meek" as defined in the english language means nothing of the kind described in that passage... and such a personality trait could hardly be described as a desirable attribute...

ahpie, how about just futures on options full stop.. that's what i'm waiting for.. and then we could even have options on those futures..

where'd they get $18750 from? what a rip off! in the good old days i could've gotten 200 cows or a thousand sheep - that's a lot more than 18k's worth!

bundlemaker & goldenarm, what the hell are you on about???? scalping in its original definition meant making the spread, as has been mentioned already. once those opportunities deteriorated scalping meant getting in and out for quickly and profiting on the minor fluctuations a stock...

are you people serious???? ANYTHING under a point?? a 90cent "scalp"??? gimme a break..

really beginning to look like this whole thing was one big hoax after all... stops posting the very day he was supposed to begin? i just don't buy it...

ohmigosh... this gets even better! a 20% incentive fee!!!! WTF!!! lemme get this straight.. this crabel guy makes say 10% on a billion, $100MM, and gets to keep 20million for himself?? and takes a 2% cut on the one billion under management? another cool 20million?? gee-zus! what...

TSaimoto, are you serious? do you really need to come to a message board to figure out that answer?? or to realise that the answer will vary according to each individual's values?? obviously actually making money is of vast importance when it comes to trading, otherwise why engage in...

what strategy is he employing? that "riskless" arb stuff? (which i don't really understand) or the stuff that's in his book? (which i assume is not that "riskless" arb stuff..) if he's employing a directional bias i'd still regard 10% as too low, regardless of how small he's thus far managed...

go easy on him runningbear. afterall he's american.. .he doesn't realise that there are other inhabited regions of planet earth...

LESS than 10%? manages a cool Bil? man, where do i sign up??? obviously he didn't build up the billion with his original 300k. the capital contributions along the way would probably represent the vast majority of that, as even had he gotten a $400MM contibution at the start of year 2 he'd be...

lol. wtf? one whole freakin point? you would have to be the only person in the world that defines scalping that way - in which case your definition is useless. :) ("i just took a quick 70cent scalp on JDSU!" :D LOL) anyway, wcom's got his own special definition too - scalping means...