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    How to convince wife to let me trade full time?

    Hmmm....reserves are important. However, most people here make too much a big deal of security. It's an illusion in my honest opinion. You will NEVER be secure enough to trade so you don't feel any fear or trepidation. Trying to make that feeling go away is your prescription for...
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    7 rich athletes who lost their fortunes.

    It has a lot to do with race and ethnic backgroud. Capitalization rates amongst asian americans are around 78%, whites 52%, blacks less than 20%. Your success and your ability to succeed financially and professionally are still, even if it's sad but true, STRONGLY correlated with your...
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    Know how to program, don't know how to trade. Where do I begin?

    OH....I almost forgot. The most important element in your trading is developing discipline. I fyou don't have that, your programming will reflect it too....
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    Know how to program, don't know how to trade. Where do I begin?

    I guess you really need to ask yourself are you a programmer or are you a trader? I never learned C++ as my mentor suggested. I found software that did the trick. I hate programming unless I need to do it...then I learn what I need. Why don't you offer to program for other traders and...
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    anyone using a solid state drive ?

    work from your solid state drive for speed and then backup daily to a dedicated hard drive ....does anyone do this?
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    July retail sales fall despite cash for clunkers

    I know what happened with your post. You just failed to affect me.
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    July retail sales fall despite cash for clunkers

    Thank you. Here we agree completely.
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    July retail sales fall despite cash for clunkers

    Yeah..well I think my post was right on the money, so to speak. My references come from actually doing it myself, and teaching others in the same manner. What are your references and experience? If you think a little beyond your response, you might find that I agree that most people don't...
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    July retail sales fall despite cash for clunkers

    The truth is, people don't have to shift the global economic climate. The true financial successes shift their own reality and prosper in these times as well as in the "better" times. There is money to be made in these times...the best keep trying and figure out how. The sheep wait for more...
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    Questions about Echo Trade (and prop trading in general)

    fighting the demon? wtf? I have no idea what this means. Having said that, try to leave the drama out of trading.
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    Trading is easy, very easy, damn easy

    Well, you can also create a system for living with your results. The process of trading is easy (follow your system). The process of living with the results is easy (follow this system). The challenge alluded to is that the mind seeks more fun than good trading typically provides...seek...
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    What's the deal w/ US Steel? From 190 to 66?

    too short a stock.
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    One Bad Execution....

    Well...today I am trading on my two accounts. I net over 6K in the morning. I solely shorted ADM this morning. After I covered my short position, I was exporting the blotter to excel and I saw that I was....get this. 110,000 shares long of ADM. Okay....so my account was solely...
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    Noboby knows what will happen...

    In the midst of these huge news events, with politicians and economists telling us what "will happen" if the bill passes or not, or what "won't happen", I remember a great trader I know once telling me it just doesnt matter...because nobody knows. This, for your trading, is either the...
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    Effective Monday, stocks with market cap under $100M will be non-marginable at IB

    That doesn't leave too many to trade then does it?
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    Effective Monday, stocks with market cap under $100M will be non-marginable at IB

    Couldn't you just get your series 7, take your 25K and join a professional firm? IB always looks so good on paper, then the minute a large market move happens they reel in the lines. Yes you could. If you want the quick an dirty on stocks with a market cap under that limit, i think...
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    Trader P/L 2008

    results from today.
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    Trader P/L 2008

    even a great market day can be minimal when you are not in tune. 300 bucks is positive, so that's step one, but I knew I was tired today and not ready to make big trades. I pulled out of a few just before the dow dropped huge on two occasions. I pretty much got the day I was ready for...
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    How do you stay focused during the day?

    i don't get up to eat, pee, drink or anything. I don't go to other websites except bloomberg.com in the morning to check some news. I have a wire bound notebook that i draw vertical colums on. At the top of each column i write the stock im trading. in each column i write my current...
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    Trader P/L 2008

    plus 1528 minus 140 coms minus sec fees
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