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    What defines a successful strategy?

    You have a very narrow view of martial arts.People certainly don't study Kendo,Iaido,kyudo,tai chi ,aikido,etc to fight. Depending on one's desire and chosen style of Karate,the practitioner may study for fighting or not.Not every style is as robust or contact oriented as Kyokushin. Truth be...
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    The Break Even Stop is a Psychological Crutch for Newbies

    Other than correct position sizing,the OP,s initial post is strictly one mans opinion based on one mans style of trading.It is far from a universal truth,and implies that there are magical support and resistance levels that the market adheres to and takes precedence over statistical measures...
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    who is your fav trader to follow?

    sorry bro,surf loves getting his ass walloped.. doesnt matter the topic,all roads lead to Vic.. op asks for favorite intraday trader and right on cue surf gushes about vic
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    who is your fav trader to follow?

    As Surf brought up his trading god, I feel it's only fair I introduce mine. I have always been amazed at James Simons and the return of the Medallion fund.It's rumored to have returned 38 percent per year net..And thats with a 5 percent management fee and a 40 percent cut. And before Surf...
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    who is your fav trader to follow?

    If the 5-7 year run at Matador is indicative of his 20 year career,I am ballparking a 17 percent annual return and I am assuming a max drawdown of 77%. Keep in mind,half of Vics run occurred when clearing agents had their eyes closed regarding leverage/writing naked options I am not intimately...
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    who is your fav trader to follow?

    Why not do what Vic did? Follow their signals and blindly sell an obscene number of 80 percent spot puts and pray you don't suffer the inevitable 75 percent drawdown in your first year... Should you survive in year 1 and put up big numbers,call Surf and have him raise capital for you..
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    who is your fav trader to follow?

    Surf, let's assume at Matador Vic returned 50 percent per year for 6 years and then blew up with a 77 percent gamma roast.To be kind to your boy,I'll assume he compounded those returns.At the end of the day, after all the gamma smoke cleared, Vic returned 17 percent per year. 17 percent per is...
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    who is your fav trader to follow?

    Surf,why cant you simply accept the fact that as gifted as Vic is as a researcher,he has fatal flaws that he is incapable of overcoming. The mere fact that many successful traders have studied under him without spectacuarly blowing up should be the proof in the pudding.From my vantage point,you...
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    Day Trading Mixed With Value Investing

    Day trading stocks that meet Grahams definition of enterprising investor or defensive investor makes no sense. If Grahams margin of safety approach appeals to you, and you believe your timing models have merit,than you may be one step ahead of the game by avoiding value traps. None the...
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    Shopping Mall Billionaire, Philanthropist Alfred Taubman Dies At Age 91

    These are your word's "I repeat that every Christian is called to return 10% ...not any different from a billionaire giving 10%."
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    Shopping Mall Billionaire, Philanthropist Alfred Taubman Dies At Age 91

    Big difference between being called to donate and voluntarily donating
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    Leapfrog (LF) - buyout target

    nice alert..did some work last night NCAV is apx 3 net net working capital is 1.93 Unless it's a complete value trap,it should trade higher.. Jan 2.5 calls traded at .35
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    Leapfrog (LF) - buyout target

    As a complete punt,I am buying the Sept 4 calls. traded at .05..
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    Leapfrog (LF) - buyout target

    Decent article from Seeking Alpha discussing LF. http://seekingalpha.com/article/3024086-leapfrog-enterprises-a-discussion-of-the-brands-potential-value Here are the bullets points,and keep in mind the author is long the common,and estimates have been lowered across the board.. LeapFrog is...
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    Option Greeks - Are they useful or noise?

    No sense stopping at option greeks,you may as well throw in Fundamentals and Technicals in your useless folder. P.S. if you have to announce you are not a troll,you most likely are.
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    Al Brooks, I apologize..

    Forty,the comparison to golf or almost anything else is sooner or later, one will see if the golfer did indeed ad 20 yards to s drive,or dropped 3 putts.More to the point,if someone is bullshiting you regarding their golf/tennis,there is Very little downside. Trading is a double edge sword that...
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    Al Brooks, I apologize..

    Well that is very disheartening to hear,and I commend you on your efforts.I can not understand why there are posters who would chose to be disrespectful as opposed to appreciative.
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    Al Brooks, I apologize..

    "The posted P&L is irrelevant;what matters is the trading plan???? that does not compute..
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    Al Brooks, I apologize..

    Of course you do,and I understand your paranoia. And you can be dam sure if I started a thread on any form of trading,I would post my results.
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    Al Brooks, I apologize..

    How can receiving an offer to run money be anything but positive? You can always say no,as you pointed out...
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