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    Trader P/L 2006

    $6231 net on only 88,000 shares. The system has a couple messed up positions from a snafu on friday, so only the closed P/L is accurate (I'm flat overnight)
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    What to tell family/friends?

    I hired my 16 y/o nephew for a summer to manually trade a system I had but wasn't worth the effort for me to do it myself. He got to keep 20% of what he could make. Took home almost $2,000 over his summer holidays. I took him on a month long road trip to visit a trading office and work 15...
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    US brokers: Taxation of dividends & interest for foreign corporations

    Fill out a W8-BEN form and submit it to your broker. This says you are not a US citzen and are exempt from the dividend and interest income withholding tax. Available from the IRS or your broker.
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    Trader P/L 2006

    Couldn't post after the close, too late to get my blotter now, but was up about $2500 net on light volume, probably not even 100,000 shares.
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    Trade For Yourself? At Which Firm? Suggestions?

    There's tons of them, and lots of guys here trade at them. Do a search on 'prop firms', should keep you busy reading for about a month.
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    Does everyone here trade for pennies?

    I hold most of my positions for hours, not minutes, but am flat at the end of each day. I average about 1.6 cents per share traded, net.
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    Mental break-down from TA

    The entry is among the least important pieces of a trade plan. Stopping trading real money was a good first step, but you've still got a ways to go.
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    Trader P/L 2006

    $8217 net on 177,000 shares
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    fighting the ECN's for the best execution

    You can figure out the dumber ones and outsmart them by layering 1 lots all over the place and seeing where they lay off. then hide your real order behind one of your 1 lots.
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    Boring day

    "they" are involved in more than just 30 stocks. MHS, WAG, CVS aren't in the dow 30 and were not what I'd call boring.
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    comments on fills on nyse hybrid this week

    but if you match nyse with arca, you won't get filled on arca. At least that's what i've noticed with limited test trades.
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    It was just one of those days

    Not true, not by a long shot. Winning % is only one component that makes up expectancy. That is the key metric that has to stay on the right side of the line. You are correct in saying that not thinking about money is key. The goal of trading is only to trade well, to execute the plan...
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    Don's Openings and More for 2006

    Don, I'm thinking of running a boot camp for how to spot stocks in the news. Talk to me at the Vegas expo, I can set you up.
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    Trader P/L 2006

    $3205 net on 196,000 shrs
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    Trader P/L 2006

    $789 net on 240,000 shares. I was up over $5k 30 minutes into the day, so kind of a disappointing finish.
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    Some numbers to chew on

    How are SSF's doing?
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    Trader P/L 2006

    $1867 net on 145,400 shares September went in the books as my worst of the year at just a hair over +$10k net. Two systems both hit a drawdown at the same time, one of which is still going.
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    Best Prop firm for Canadians?

    There are a handful of US-based professional trading firms that will accept accounts from Canadians. Different from the swift/golden model, you put up capital, get the software, all the buying power you need, and keep 100% of your profits. And you can trade remote. PM me and I can point...
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    Trader P/L 2006

    I'm done already today. I'm moving this week, so not in all day, thus no posts the last two days, but they were uneventful Today $1732 net on 31,000 shares
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    How can I automate a trading system?

    There are lots of experienced coders here who also trade, especially using IB's platform. By far the easiest route is just to advertise what you're looking for and pay someone to do it for you.
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