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    Best grad school for active equities traders

    This is the program I completed but when I went here it was called Computational Finance and it required three semesters of that course. It's changed a little since then. I would recommend you have a good background of C++ and Stats before you enter the program. If you're deficient in these...
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    why arent you full margined long on LULU and OPEN

    Oh man, and here I thought stock_trad3r was gone for good. I never thought you were smart enough to have more than one handle :(
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    why arent you full margined long on LULU and OPEN

    Ummm....let me see if I got this right. On 3/28 you rec'd OPEN as a full margin long when it was trading at around $105 (and called it a "perfect 10-bagger") and now that it's below $100 you're telling people they should have sold it or they deserve to lose? Dude, you gotta call Cramer. You'd...
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    "Earning the right to be aggressive" is BS, so is trading big on winning streaks

    I completely agree Surf. A continuous move upward, or downward should that be the case, is most certainly a random moment but recognizing it when it occurs and when it ends is not the scientific part of trading; it's the artistic part and increasing size accordingly is appropriate...
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    "Earning the right to be aggressive" is BS, so is trading big on winning streaks

    Another trait that most traders lack. The "feel" or the ability to "read" the markets intuitively also dictates your position size. Why will a trader take a trade and pass on a subsequent nearly identical setup? This is something I will do all the time. The answer lies in your intuitively...
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    "Earning the right to be aggressive" is BS, so is trading big on winning streaks

    "Earning the right to be aggressive" The title of your thread also demonstrates your complete lack of understanding. Aside from a trader who has a boss that controls his/her size, no trader "earns" the right to increase size. Trading is about putting yourself in a position to take...
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    "Earning the right to be aggressive" is BS, so is trading big on winning streaks

    Your position is total BS and it demonstrates your complete lack of understanding about the markets and trading in general. If you are on a solid winning streak it means market conditions are highly conducive to your trading strategy and when those conditions are present your trading plan...
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    Engineer looking to make a career change into trading

    Easier said than done. You have to develop an edge first. The sword cuts both ways and you could easily be down 100k, which would be limited to your 50k put up. If you're brand spanking new to trading going prop right now with that kind of leverage is a recipe for disaster. The slower you go...
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    Engineer looking to make a career change into trading

    Since your an engineer dust off those statistics books if you still have them. The market is more random than not and statistical time series regression models are very helpful. The markets are non-stationary with unit root problems or trend-stationary with or without unit root problems. I...
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    'Free Money' About to Cause Big Problem: Welch

    Nothing is free. Everything comes with a price tag. The future price we are going to pay is going to be steep either through uncontrolable inflation or a severly depressed housing market. Can it get any worse? Yes. If The Ben Bernank has to raise rates to control inflation it affects the...
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    Debt ceiling window extended to August 2nd

    I don't know why they are dragging their feet. The debt ceiling will be raised one way or another so just raise the bugger and spend like a drunk sailor. Congress is pretty good at that. That Obama plan of trimming $4B of the National Debt in 10 years is looking pretty good with the debt...
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    18.3% of personal income is from food stamps

    That will only come by force. As human nature goes, the Government simply can't control themselves. They will spend on a perpetual growth model until the model implodes under the weight of the massive amount of debt each and every American owns, thanks to their Government's spending.
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    Peter Schiff: bernanke is lying!!!!!

    Of course he is lying. That's what unelected politicians do best. The Fed is traveling down a course of stealing from the poor to feed the rich. I believe all developed nations need a central bank but with checks and balances. Presently, the Fed can act in any way they want with no oversight...
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    My account value reaches $600,000 for the first time; launching incubator hedge fund

    Lazar, just curious. Are you doing the incubator under the review of an auditor and if so would you mind naming the auditor? I started a hedge fund many years ago and I bypassed the incubator due to the costs. I presented my personal track record to investors and started trading OPM. I...
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    Video: Proof Obama Birth Certificate a Fraud

    Don't know anything about digital artifacts but if true this is pretty solid evidence the Certificate is a fraud. Why did it take him almost 3 years to present this? The one presented in 2008 was completely different from the one presented today.
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    Video: Proof Obama Birth Certificate a Fraud

    Excellent point. The Patriot Act alone trashed the constitution. I recently read an article where police officers have the right to download your cell phone data without a warrant if they pull you over for a minor traffic violation. There needs to be probable cause for that kind of search and...
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    Video: Proof Obama Birth Certificate a Fraud

    Funny how the one he released in 2008 is radically different from the one released in 2011. 2008: http://msgboard.snopes.com/politics/graphics/birth.jpg 2011: http://www.latimes.com/news/politics/la-pn-obama-birth-certificate-20110427,0,2615804.story
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    What it all boils down to

    It boils down to the fact that the Fed runs the country and the Federal Reserve Banking Cartel makes money when the government runs a deficit so let there be deficits. No rational person would promise to reduce the national debt by $4T over 10 years and then go out and borrow $1.4T to balance...
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    AMZN strangle after earnings - a thought about others as well.

    This is a strategy I use frequently on high volatile stocks. Unfortunately, you have to pay up for volatility. If the stock gaps down in a bull market I will sometimes sell the profitable leg and hang onto the loser if I think the stock may come back. Vice Versa for a bear market.
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    Technical Analysis = CRAP

    If you had any reading skills you'd quickly see that I didn't compare TA to flying a plane. I compared learning to <b>read and interpret</b> TA to <b>learning</b> how to fly a plane, in that, it takes about the same length of time. Not surprising a failed trader couldn't understand the analogy.
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