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panduwana

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    TradersLaboratory.com
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  1. I do all of my trading on an ASUS G53JW A1. I love the i7 processor and with the RAM upgrade its all I need. I tend to run a lot of apps (news feeds from RealMoney Silver, price alerts from QuoteSentinel.com, realtime charts from IB, and my own excel volatility analysis) in the background as well and it doesn't slow down my IB Ttrader Workstation. Asus makes great stuff. Highly recommended.
  2. Personally I LOVE interactive brokers. Transaction fees are very small-half penny/share for most US equities and 2.40 for e-minis. So unless you're regularly trading 1500 shares per transaction, it beats the 7.50 per transaction costs of fidelitiy/entrades of the world. also, they have great historical data through their Trader Workstation and an API if you want to set up some sort of automated trading. For futures only trading, I've heard NewEdge is really awesome, though I haven't looked into it. Any recommendations on where to do strict futures? I'm interested in swing trading Wheat at the CME.
  3. People are attracted to trading because of the competitive nature and the thrill of the uncertainty. There's a unique satisfaction in taking a stand against the population at large (as indicated by current price), then being RIGHT when others are wrong. This is independent of the financial gain. Additionally, studies have shown that risk seeking, aggressive traders tend to outperform, and this profile of trader tends to be the type that enjoys the fluctuations of fate. Lastly, for people who ARE primarily in it for profit motive, capital markets are less size constrained that most ventures (i.e. if you had 50million in capital to deploy, you COULD do so if desired -- a characteristic that is not true for many other risk markets)
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