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    stocks -Buy and Hold

    LeapFrog It isn't going anywhere. Sure, others make tablets, but LeapFrog has the best content in the industry. CHEAP tons of cash with zero debt strong growth short squeeze very likely
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    MBTrading Problems

    I have been with MB for four years but I don't trade full time (100-200 trades per year). Had I not been grandfathered into MB's old commission plan, I would honestly change to IB or some other firm. Biggest complaint I have is their inconsistency (I trade stocks and options). If you have...
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    Gasoline Prices Are Not Rising, the Dollar Is Falling

    You are arrogant and probably a know-it-all/ass hole in real life. Congrats.
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    Fulltime trading weird experience

    No offense, but you sound like a complete d-bag. Unless you are trying to sell your neighbors something, be yourself. Have a few beers with them in your garage... make friends. Your neighbors seeing you with nice cloths/car/watches/women, does nothing to improve your performance- It probably...
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    Market will probably rally on Thursday because Moody "May" cut the US bond rating

    ....So what happens when they raise the debt ceiling? The underlying problem doesn't go away.. It gets worse.
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    Why do ebay bidders overpay for stuff??

    This is kind of a pet peeve of mine... can't stand when people say they "won" an item on Ebay! :confused:
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    Market will probably rally on Thursday because Moody "May" cut the US bond rating

    That's complete BS! All this will do is kick the debt-filled can down the road... the market is forward looking. As soon as everyone gets their heads out of the sand, the market is going to tank. The economy is not improving, QE2 is over, and congress is going to cut spending/raise taxes. If...
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Limit order was struck last friday, currently short 40 SPY @ 133.375
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Limit order to short SPY, 20 @ 134
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Short 20 SPY @ 132.76 Prepared to short 20 more on Monday. Daily chart on left, 5 min on right. Uploaded with ImageShack.us US debt problems are going to kill the market this summer.
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Thank you for the comments. Sorry for the delayed reply, I've been working a lot. Bone, I agree. I'm working on getting away from shorter time-frames but it is going to take some time for me. I read a bit about NADEX... looks interesting but I'm gonna have to pass as I want to keep...
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Total Net P&L $22.22 Short 40 SPY @ 127.80 Short 40 SPY @ 128.07 Cover 80 SPY @ 127.62 1 minute SPY chart is posted. Uploaded with ImageShack.us Starting Capital = $2670 Current Capital = $2678
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Only $13 from the start of the journal on may 19. ... since the start of the year $250.15 I pay only 1$ for every 100 shares, which isn't bad for the size of my account. I want to start trading longer time-frames to avoid churning. The SPY short that I recently covered on May 31st was...
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Covered near end of day at @ $129.4598 Total net P&L: $8.02 Starting Capital = $2670 Current Capital = $2656
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    My basis is $129.598 for a total of 80 SPY short. Screen shot is of the first 50 shares I sold short. Stop is todays high. Will probably sell everything by end of day Uploaded with ImageShack.us
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Took a losing trade today… Terribly stupid of me, but it was a revenge trade spawned from my emotions relating to covering my shorts before yesterdays sell off. Bought 30 TNA @ 81.00 Sold 30 TNA @ 80.1104
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    30 SPY stopped out @ $135.03 I sold the 50 DRV today at $11.44 Journal starting capital = $2670 Current capital = $2680 Uploaded with ImageShack.us When I started this journal I had a bearish view on the economy. I still do. Among other things, I am worried about QE3 ending, the...
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Closed out DRV. SPY stop is todays high.
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    Down nearly 25% on the year... documenting every trade until I'm back to even.

    Honestly, I can't afford them. With my account size being as small as it is, the volatility of an option makes it difficult to manage risk properly. After all, one $2.80 option would equate to ~10% of my capital. The "rapid loss" of this $2.80 option can/did quickly deteriorate my account...
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