I would put on a superhero suit and become the next Batman.
99.9999999% of people will blow up that $5,000 within a week trading as aggressively as Blotto suggests.
In zero sum game of futures, all the winners' gains are offset by the losers' losses. Winners are taxed and losers are limited to $3,000 deduction...
Already excess # of restaurants, which overexpanded relative to GDP for years. Dining out trends reverse on higher unemployment and higher food...
I surmise that Gary was whipsawed badly by the choppy Bond market of the late 1980s and early 1990s. Ditto for Jesse Livermore from late 1929...
Former market wizard Gary Bielfeldt lost most of his trading gains he made over his lifetime in the late 1980s. This story shows it can happen...
Just be careful you get into the right franchise. There are many sharks out there in the franchise world. Lots of franchise sales people out there...
I was pissed off when futuresource made the change. New charts are worthless now. WTF are they thinking? forexpros has some ok charts....
What realistic annual % return you expect? What kind of annual max drawdown you willing to take to accept that return? How much you willing to...
Somewhere around 50% of S&P 500 earnings are from outside the US. So, poor economic conditions here have only a partial impact on earnings,...
What do yo list as your occupation on your 1040 tax form? 1. Investor 2. Daytrader 3. Speculator 4. Liquidity Provider 5. Financier 6. Other?
Yes, something to be aware of, but for now the betadogs are in control. I don't believe SPX can take out 1290 resistance, and QE 2 is ending this...
LOL. If you're really good, money finds you.
This manic depressive state can go on for years. Make money = genius. Lose money = clueless fcuk. One day some event happens out of the blue, and...
Way back in 1995, I was still a naive kid in high school. I received a booklet in the mail from quasi snake oil salesman Ken Roberts about TWMPMM...
$15,000 is pretty good. A nice chunk of change. wiesman02, how much starting equity you use? How much leverage? What kind of strategies you...
If you read Market Wizards, you know that Paul Tudor Jones and Bruce Kovner had trained a number of traders. Kovner says only 4 or 5 out of the 30...
The unemployed try their hands at trading only to further deplete their meager capital. Things go from bad to worse.
If one is in a hurry to get out or get in, yeah, it would be market executions. Anything worse than the bid/ask I see on my screen for market...
I'm going to try IB out. If the slippage is bad, then really it's not worth the low commissions.
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