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    How much should I be earning

    Don't think in terms of days. Think in terms of months. My account rutinely jumps around 5% a day. Often swings of 10-30% aren't unheard of in a week's period. I honestly trade an account very similar to yours. It has 60k in capital in it, 4:1 leverage. I sweep out (buy thv with... lol) all...
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    auditing your returns

    Have you been generally content with netfirms? It's much cheaper than verisign. How hard was it to learn to program. If i'm poor at computer stuff, do you think it would be better to just use the verisign thing which looks more user friendly? Once again, thanx for all your help.
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    auditing your returns

    Aaron, what company do you use for your web hosting. I also noticed that you don't have a link for your fund anymore. Is there any reason that you removed it?
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    Black Monday? Bull Monday?

    Either friday was bottom, or monday will be a whoosh bottom. In any case, unless you're margined, it makes sense to add significant exposure. I think I'm nearing 150% long now (almost all of it was added moc friday). Think of it like a big rolling creschendo. Eventually it will climax. Buy...
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    Where's Lundy and his BOTTOM?

    Illiquid, I agree completely. I got the absolute low tick in a number of stocks in the sept bottom. I made 60k that day. I was so psyched. I sold near the top on each stock that day. I would have made 1/2m if I had held for just a week. It's hard to hold. Most of the positions I took yesterday...
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    Get a real job?! Daytrading article.

    Geeze, you are fast. I do about 50-150k shares a day and I feel like I'm going nutz if I hit 200k shares in a day.
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    Where's Lundy and his BOTTOM?

    Guys, look at your newspapers. Really ugly looking bears on the covers.
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    Great S&P Adds/Take outs...

    Been stuck in the adirondacks. Only intermittant phone access. I wouldn't miss sp day though. Bought a few k more thv though. I heard from two really great sources and both said that they're absolutely blowing away all estimates. They'll have an unreal third quarter, even though it's only 3...
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    Great S&P Adds/Take outs...

    I bought RD and UN moc as well. Lets hope they trade up some overseas on monday.
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    Where's Lundy and his BOTTOM?

    OK I've avoided this for long enough. I'm calling bottom. I've made a career out of these. I'm calling it bottom now. We'll either have one last wash out day, or we'll rally tomorrow. In any event, I used the close to initiate quite a few MOC positions today. I think we've bottomed for at least...
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    auditing your returns

    Anyone here know the answers to these questions?
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    do you like interactive brokers?

    DEF- How to i hit NAS orders. I tried to use arca like I did while at cyber and never got fills. If I wait til arca hits the nyse order book by going limit, it's always too slow. What can I do.
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    auditing your returns

    Js, I bought the second one. I'm wondering if I should ask about their software? Aaron, do you use anything other than quicken. It seems absolutely impossible to do the taxes and allocate the longer term gains to the partners if I have changes in capital %.
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    auditing your returns

    Also, for you equities traders who run hedge funds/partnerships. Are you market to market for taxes, or just normal accounting. What is the advantage of mtm. I plan to be about 40% long term (at least 1 year holding period) and 60% very fast term scalping (50-200% turnover monthly). What is best...
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    auditing your returns

    Aaron, I bought that book from amazon and am halfway through. I have almost no background in accounting and am quite lost. There are so many rules. How were you able to do it all yourself without armies of lawyers. Were you able to understand it all yourself? Did you contact other people?
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    Trading for a living....full time....only income

    Since I started the MWY here, I figure I'll finish it off. I sold it all today at 4.85 avg for about 35k in gains. Good luck to all that are still long.
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    Trading for a living....full time....only income

    I usually take 1 week off a year and maybe 2 additional days at some point. When you have open positions, you still have to use your palm pilot to get quotes every half hour when on vacation.
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    Trading for a living....full time....only income

    Quite friendly. It is easy too. You just have to understand the feel of the waves. Then go surf them. Gotta have fun.
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    Trading for a living....full time....only income

    Hey, nitro and I are the full timers.
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    Trading for a living....full time....only income

    Nitro, remind me monday, I'll teach you the THV dance.... THV.. Cha Cha Cha.... THv.... Cha Cha... (There are hand motions too)
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