While I'm by no means an expert, I'm surprised no one has mentioned that common sense is the most important thing in ice fishing. Be POSITIVE that the ice is 100% safe to go out on. Stay off of thin & pack ice! If by some chance you hear some serious cracking, lay flat to spread your weight. We always keep a long section of rope with a weight on one end to throw to someone if they get trapped on a thin patch. Had to use it once last year on the cape... My friend was OK, but definitely a scary situation.
Craigslist is a great place to go for traps... I got 5 for $20 last year. For some nice ones (a little pricier, but good) check out Indian Hill Ice Traps. Always good to support the local guy.
I've heard that a mealworm/salmon egg combo is great for trout.
Other than that, the info listed is all great. I'm really looking forward to it this year... I hear the Cape Ann area has some great ponds for ice trout.
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