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    Best Prop Firms For A Beginner

    While I have no dog in this fight.....here is my 2 cents: If a newbie has a choice between trading his own money and getting 90-100% or going to a prop firm that backs you with their capital but you get 50%, it's a no brainer. GO PROP. New traders always lose at first, and some never go...
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    Prop trader vs Day trader. 50/50 vs 100%

    While I have no dog in this fight.....here is my 2 cents: If a newbie has a choice between trading his own money and getting 90-100% or going to a prop firm that backs you with their capital but you get 50%, it's a no brainer. GO PROP. New traders always lose at first, and some never go...
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    The Surf Report

    Why not an attempt at being long and make the easy money that all the trend followers are making being long the stock indexes ? Oh that's right...trend following doesn't work...... Keep on picking tops and getting clobbered.
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    The Surf Report

    Rumor is the connections of Rachel Alexandra are skipping The Travers.....Surf said he thinks she can't lose. They are now considering retiring her.
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    The Surf Report

    i think he means flat his position size [/B] You are correct.....my apologies to Surf.....thought he was out of position...flat P/L. it's friday...I am off a bit.
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    The Surf Report

    Nah...Smurf is right...866 to 1025 in SP futures since July. .......no trend there. Good thing he trades on some kind of simulator...XBOX...PS2...something like that..
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    The Surf Report

    Why go swimming after you just took a bath ? Sorry...couldn't resist. Good luck with your next call. At some point you will be right. Try going with the trend :)
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    The Surf Report

    So let me get this straight. You were down 50 YM points on a short. Mkt continues to scream higher......and you get out flat ??? Man...must be nice in your world where you can scratch losers as they continue to crush you. Your problem is Surf.....you are trading against a huge...
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    The Surf Report

    Problem is Dww might go to 11,000 before "it finally cracks" Surf......always remember......... THE TREND IS YOUR FRIEND.
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    The Surf Report

    Sure is quiet in here. Any update Surf ?
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    Hurrricane Bill - short oil on spike?

    Bingo..........
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    The Surf Report

    If it's for the longer term , then why do you cheerlead every time you get another 20 YM points? Do you notice everytime you talk up your position the market tends to go the other way? A word of advice..... Shutta Up a your moutha. Good luck with the position though. The...
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    The Surf Report

    And you are shocked? If Surf said that the sun was gonna rise in the east tommorrow I wouldn't be suprised if the earth's rotation halted, reversed course and California would see daylight before New York Thurs morning....
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    Hurrricane Bill - short oil on spike?

    If you believe anything this clown says, I have a bridge to sell you. He comes to the only place in the universe where some people might actually believe him....ET.
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    Niederhoffer on RocknRoll, mike Jackson & Trend Following

    Surf does not realize that TF's enter once they believe the trend is in place and have stop losses set below/above. There is no "hope" going on. Not sure why Surf can't seem to pick up on this concept.
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    The Surf Report

    You could have said "Down off of their highs". usually when people say stocks are down....they are.....ummm........down. While I trade off of price action and let the markets dictate what I am doing and don't pay attention to fundamentals...........I don't think that we are out of the...
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    The Surf Report

    And I suggest you look at whatever your source of stock quotes are again. The market is up (so far) today. Market was never down today, pre-open. You keep this up and the guys from Creedmore Mental Hospital are gonna come looking for you. For the record I hope they kill the market...
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    The Surf Report

    One last thing Mike, Surf does have a HUGE following........they all fade his calls. Some very wealthy people in that club. He is batting .995 on being wrong.
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    The Surf Report

    HAL 9000.....LOL....nice. It's obvious he isn't trading real money. For all the reasons you stated. What's scary is Surf comes across as some new kid who never traded before (celebrating a position when it initially goes his way....etc), not some older guy who has followed the markets for...
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    Niederhoffer on RocknRoll, mike Jackson & Trend Following

    Notice how Surf hasn't replied ? I think he jumped back into his cherry picker and sped off to another thread.
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