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    Annual Returns for Prop Traders?

    You're welcome. Daytrading Successes - A Case Study of Tuco Trading Here's real verifiable proof 90% lose Pretty dismal that being profitable, top 3%, meant a $50k salary. You had to be like in the top 1% to be living the life.
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    Bye Bye Volume

    Damn, they flip-flop. GS, MS became banks in 2008 to be saved by the govt. Now they want to dump it so they can be gunslingers again. No wonder the Occupy Wall Street people are so pissed.
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    Taking Apple (AAPL) short

    Good luck. What's your stop loss? Not being prick. Any trade requires some type of "uncle" point. I had my stop at 10%.
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    Taking Apple (AAPL) short

    Apple gonna finish up 5.1%, +18 points. For shorts, be careful. We still got earnings coming up. Apple could go past $400.
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    Apple iphone 4s latest news, 1 million sales orders in 1st day

    Preorders will only grow bigger in the future, since there are now 129 million iPhones out. Each new generation will a larger population upgrading.
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    Taking Apple (AAPL) short

    Options, since they have a time expiration factor, requires precise timing. Even with LEAPS, I buy 2yr AAPL LEAP puts but the stock in the next 6 months goes to 500, now I'm sweating as time is dwindling. Less time for it to go down. AAPL up 2.5% premarket today.
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    Taking Apple (AAPL) short

    Myspace? They were lucky to get a little further than Groupon. Wang had a series of missteps like all companies who eventually fail but it wasn't a quick implosion. Wang Lab Decline and Fall Apple right now is at the height of its dominance. Except for Jobs' death, they executing...
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    Is Trading Just Guessing?

    Yeah sure, people also see ghosts all the time. They have documented it on TV, Ghost Hunters. :D Believe it, it's on TV.
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    Taking Apple (AAPL) short

    Waaayyyy too early to dump Apple. I also have apprehension about Apple future innovation without Steve Jobs' vision. I believe that's one of the reason why it's P/E multiple is so low. But I don't think we are at the peak yet. Market will rally, Apple will go up. I figure we'll need at...
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    Is Trading Just Guessing?

    Daytraders, particularly scalpers, constantly do it. It's second nature, almost an intuition when you've done hundreds of time
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    Is Trading Just Guessing?

    Another thing, at what point does gambling become investing? Why is gambling on horses worse than investing in real estate? If I had inside information on horses, does that mean I'm now investing in horses? I would say yes.
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    Is Trading Just Guessing?

    The key words are "without sufficient information". Guy with insider information, buying a bunch of options. Is that a guess? Trader with proven backtesting results. Is that a guess? Everything in life can be assigned a probability. The better the probability, the less, it's a...
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    Steve Jobs has passed away

    http://finance.yahoo.com/news/Statement-by-Apples-Board-of-bw-4118332010.html?x=0&.v=1
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    Glencore suffers losses in cotton trading

    Glencore has suffered a setback in its plans to expand into cotton trading after losing money in the first half of the year and firing the leader of its fledgling team. The Swiss-based trading house last week dismissed Mark Allen as the head of cotton, according to people with knowledge of...
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    Glencore suffers losses in cotton trading

    Google the link, http://www.ft.com/intl/cms/s/0/25cfb09a-e615-11e0-960c-00144feabdc0.html#axzz1ZmyhJ0QC I was able to read it.
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    Java IDE: Eclipse vs. Netbeans

    Yeah, Eclipse. A number of add-ons help a lot. MyEclipse, subclipse.
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    Craziest single day in the history of baseball?

    I'm a Yankee fan and was pretty cheezed by that ending. Complete collapse by the Yankees' secondary bullpen. Blame Giraldi for playing musical chairs with his relievers. 11 pitchers is a joke. But the Sox has no one to blame but themselves, they could have forced at least a tiebreaker...
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    Gap Play (Dow)

    As I mentioned in my original post, over the last 2 years, it appears down gaps on the Dow close fairly quickly. As I think many traders can attest, once you see a pattern, you make the trade. It may seems strange or counter-intuitive but if backtesting shows you something, you go with the...
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    Gap Play (Dow)

    Well, we made it. Hope u took profit. :D
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    Gap Play (Dow)

    Dow 9/21 low = 11,118. Given today's strong move, looks like we can close tomorrow. 4 day to close the gap. Thoughts?
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