The best things about this thread are the pretty fonts and colors.:D
If, after a year, you haven't made the type of consistent income that you can live comfortably off of, you have to step back and take a reality...
If you can do that everyday, you'll be alot better off than the "superstars" who make $50K one day and drop $45K the next and end up making...
I'm sorry to report that Lundy was spotted as roadkill when the Dow cracked 8000 on Friday. R.I.P. buddy!
You should be happy to be net positive in this environment. Anything on top of that is gravy.
I was looking to make a bundle on ERTS at the close and instead lost my shirt. Any ideas on why the stock didn't fly because of the S&P rebalancing?
Although I doubt that 70% are profitable in this tough market, it's refreshing to see you admit that 50% of newbies fail. Other firms usually...
I try to get in a rhythm for the particular stock I'm scalping, but sometimes I get out of sync. It's better to develop some hard and fast rules...
Are you sure you're not paying commissions on a per share basis? If you trade 100 shares, is that a $17.50 charge? That's insane!!! I think you...
Don't chase stocks. Catching the right stock at exactly the right time has alot of luck involved. Like Don says, it's better to focus on a few...
I sure wouldn't turn down Anna Nicole. She's larger than life and I prefer more cushion for the pushin'! :D
My firm does this and they aren't broke. The secret is starting out small and growing from there. Many firms did follow the business model I...
I think the profit for each winning trade should be assessed independently, according to technicals and Level 2 (for Nasdaq). If long, sell into...
I would value quality of traders over volume of traders and branch offices. I would only hire experienced traders and teams with proven track...
Ouch! Can Don fire you from your Moderator job for saying that?
Tell that to Mark Barton. You must be referring to the business of owning a daytrading firm, certainly NOT the business of trading.
I fail to see how this is not a "win-loss" situation MOSTLY for novice traders. Trading veterans aside, the cards are stacked very high against...
That's why a measure of whether the firm is really interested in the trader's success is the percentage payout. Hedge funds and proprietary...
Exactly true. Any firms that derive 99+% of their revenues from desk fees, commissions, training seminars AND require a deposit to apply against...
Actually...hope you were long after 2:45!!! Bulls, GREEN LIGHT!
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