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    Options Trading (commissions)

    Low commish, IB.
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    Does any one make money intrady trading

    Come on, of course they do..... this is ELITE TRADER! You'll quickly learn everyone here is just rolling in it. :D Good Luck!
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    No Christmas Rally This Year?cant Remember That Happening.

    '06 Wasn't anything to write home about, especially in the DOW. That rally came early in Nov. Besides doesn't 7% in a week account for anything? Market clearly overextended into this week, coupled with year end.... Not bullish, but not overly bearish either, but right now even the bulls...
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    BEST first direct-access broker for newbie?

    I have only had to call IB twice since I've been with them. Both times were account question specific, not trade or technical related. I had a question regarding margin and interest rates. I haven't experienced any significant problems with the TWS platform (knock on wood) to date. The...
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    Ron Paul thread deleted?

    Hate to say it but TGregg you're WAAAAAY OUTA LINE on this. You're a mod. not an editor (second some of the other's thoughts here on that). I got no dog in this fight about the specific thread, buy your whole attitude regarding and assumptions that led to your actions really make me pause...
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    85% of traders dont understand trading.

    Good thread, keep it up. This is what ET needs more of. The second mouse...... SPOT ON! In regards to TA, the fact that so many use it (in all its forms and fashion), isn't that a good part of what makes it work? If it works why not use it? With that said, I am a technical trader...
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    BEST first direct-access broker for newbie?

    Without a doubt IB combines just about all the possibilities into one easy place. I have no affiliation with them at all other than I am a happy customer for about two years or so now. Want to trade stocks, options, futures, currencies, foreign markets - simply put IB rocks and is an access...
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    This is why you should short Citibank

    Ding, Ding, Ding.... We have a winner. Posted the exact same thing under the C thread the other day.... As far as the Morgan Stanley "Top Short", I'd say they're probably better positioned fright now for the coming squeeze. Regardless, like Houndog says, C is a mover daily right now...
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    I Have Been Trading Since Before The Internet-1990

    Ah yes the good old quote days. It wasn't too long ago (even with the Internet) that number of quotes per days was limited. I think up until '99 or so at Scottsdale Securities (later changed to Scottrade) that you had to keep trading in order to get more quotes. You were capped at something...
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    Cramer Sucks Up To Ron Paul

    I love it, Cramer on monetary policy. Hell, he's probably the worst, crying for easier money all the time. Good Luck!
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    This is why you should short Citibank

    So that's why they brought them back onto the balance sheets? Because they're too ugly to reveal? Brining them back into house reveals their value and they float with the market (when that market gets going again). Granted a good portion may be shit, but they've been added to the balance...
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    I Have Been Trading Since Before The Internet-1990

    First trade I made was in person. Dropped off a $500 check and put it all on a small staffing company that was local. The discount broker lady laughed at me after she looked at the chart with volume and all. Hell, I didn't even know there were charts like that available. Research was using...
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    Bullet-proof martingale!?!

    Point proven. You mention timing and trends. Reference what I said about your "edge". If your indicators or edge are that good, a martingale system isn't necessary due to the fact that you will just take the trade with full size at the appropriate time. All that you've indicated is that...
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    Bullet-proof martingale!?!

    Edge or not, there will always be some sort of event that can take you out, no matter what. Like it's been stated, in order to reap reward some level of risk is mandatory. All that you are stating is that your risk aversion is very low and your risk appetite is very high. With this it...
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    Bullet-proof martingale!?!

    There is no such thing as a "no risk" or "nearly no risk" or "zero risk" strategy. Besides you haven't divulged any particulars regarding your strategy really. The base formula of any investment breaks down to risk = reward. Ratchet up the risk side and the reward potential side should rise...
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    for daytrading...which is most important to monitor for market movement?

    For overall market action, I find put/call ratios extremely important. More often than not a reversal/bottom can be verified through these ratios. Use them in conjunction with overall market action, especially end of day data. Good Luck!
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    C

    And as the incomes and wealth in that region rise, the AUM that C have as well as net deposits will do so as well. The biggest money is investing in the financials right now, Buffet, Ross, Branson, soverign wealth, etc... I take it they know a little more than I do, but hell even I can...
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    C

    Look, the case of C right now is all about the book value of the company and the reasonable multiple to attach. Back of envelope calculations can start to be made upon some assumptions. The devil you know is much better than the one you don't. It's all about the overall performance of the...
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    Uptick Rule

    Or lost his/her ass in the whipsaw of the last few days.... :p Good Luck!
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    What to Short as the MLB drug users names are released?

    Go long drug testing companies. :D Good Luck!
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