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    I figured out 10% of traders

    OP, You're onto something with your statement. You are seeing that many, if not most "traders" truly never become successful due to the fact that they don't ever really put 100% into the effort. Of those that approach trading with proper capitalization, expectations, attitude and...
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    D.R. Horton Sales Plunge 40 Percent

    I will be going to Florida to visit my aging parents for about 3 months (spending Thanksgiving with them, first time in 3 years), and will be looking over some real estate. I am currently tracking the foreclosure rates in their county and surrounding ones on a week/week basis. To put it...
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    Markets are just plain boring right now.

    If you can't make money in the current market..... you can't make money. It's not supposed to be "fun" or "exciting". Personally, this is my chosen profession and it's work. These are typical summer days and if aren't able to find ways to make money in these types of markets, well you'll be...
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    The words "Idiot" and "Moron"

    Hey you morons don't be such idiots by letting words like idiot and moron affect you. This is a free peach society the last time I checked and only idiots would really get upset by being called a moron. For most, just consider the source when you are called such meaningless things. I agree...
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    Is $5,000 enough to get started with trading?

    Simple answer: No To get started in investing with some trading: Yes. Good Luck!
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    Hedge Fund Book

    So he had one good year. The two negative years cover the other two positives. 1 out of 5, oh boy! No wonder he's taking the book deals and crap t.v. series. Get your 15 while it's still hot Tim! Good Luck!
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    Wow

    BLSH, shhhhhhhhhh.
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    put writing = collecting free $$$???

    Naked put writing has its place, but like anything else.... it all depends! To just write naked puts for premium is foolish to say the least. Writing naked calls for tjust for the premium is also foolish. There are numerous ways to skin a cat in this game. In the end, you get paid and...
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    Any tape readers left?

    Yep still around and still in business. I've found that in some of my positions reading the tape has actually become "smoother". Now, with that being said, I really don't trade for smaller movements (.25 or less just isn't worth my time), but use it as a tool in establishing my larger...
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    **Almost in Tears** Need Mentor for Futures Market.

    Nice video, love that movie and scene (one of Baldwin's best, and hit to the core of my first career in sales). To BnB....for a mentor to waste any of their most precious commodity (time) on you right now, is just that..... a FUCKING WASTE! Obviously BnB, you are not even close to being...
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    A Truth on Trading.**Everyone, please Read**

    I have found that playing poker during the lulls helps also. I play a lot of play money poker on Full Tilt during the lunch and early afternoon hours (used to be for real money until the new legislation kicked in). I also approach this endeavor in a realistic manner and am trying to build...
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    A Truth on Trading.**Everyone, please Read**

    Hmmm, what about the those traders that have transcended setups all together? I've seen traders that have become so tuned to the markets and information that they are acting on pure defined and developed instinct. Granted many of these people started with defined "systems" or setups (God I...
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    Credit Cards

    I would suggest first of all making your main card a VISA, just simpler and accepted around the globe. Now, you need to find the individual lending outlet or retailer that will extend you the best VISA card. This all really subjective. Personally I love Cabela's stuff and use a VISA card...
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    A Truth on Trading.**Everyone, please Read**

    For what it's worth (on the subject in general)... There are many types of people in this world. The markets are made up of many different people, opinions, views, emotions, baggage, etc... We each bring something different with us when we enter any profession or stage of life. The...
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    What is a trader's greatest expense?

    If he's a good trader.... Coke and hookers.... If he's a bad trader.... Crack and crack hoes.... Just my .02 Good Luck!
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    This is the kind of volatility that marks tops

    I'm about to flip the coin.... Heads or tails? Forgot, you capitulated yesterday. This thing may be over. Oh well, just have to make money on the other side. You're a trader right? Good Luck!
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    Paris! Paris! Paris!

    Look at the bright side of things, a good B.J. has been made stylish again!
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    Stocks going through the floor

    Agreed for the most part (not sure on those exact numbers, but will concur with the movement). Nice boring summer, going to have to sing for your supper for the next several months. Fed ain't going to do shit and I still am amazed the bond boys stayed pat as long as they did. So much for...
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    Trading sucks, dont waste your time

    Ahhhhh, young grasshopper, you have found truth to the fact that there are numerous ways to skin a cat. There are many ways to make money in the markets. Being honest with yourself is probably the hardest and most critical step in becoming a better person as well as trader. Don't look at...
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    who made money today?

    I was able to make some on the short side early, thank GOD I decided to call it an early summer friday. Those shorts would have lost money if they would have been on all day.
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