I'm assuming that if he was trading as a fulltime gig, then he would need his profits to cover his living expenses. 100k would only yield him 50k...
Sorry, Savant, I didn't know I was asking such an idiotic question. I trade equities, where slippage grows with scale, and the spot forex is...
Thanks kjkent. Those are the issues I was referring to. Would you agree then that a Joint Tenants in Common approach is the most hassle free way...
It's only six figures, but aren't there many disadvantages with S-Corps, especially since I'm based in CA?
Is there noone here that can drop me some knowledge? :)
Fair enough. So, you're as confident making a thousand times the same bet (assuming you somehow raised $5m)?
Unfortunately I'm not a licensed professional, and I believe that living in CA, the state requires me to be licensed before setting up something...
Rufus. You've provided probably the most insight I've ever read into the workings of the HF industry. Thanks so much for your postings!
Are there any ETers who are doing this? A couple of relatives asked me to trade some of their money in my account in exchange for a cut of the...
Wow. I would say 50% on 5k is not going to turn anyone's heads. Do you have any guess as to how much you can scale up your system before...
Anyone know which one's better? I short a lot of stocks (NYSE, Nasdaq & AMEX). I currently use IB but am considering a switch to Cybertrader....
Even Paypal would be a better payment method than actually emailing your cc info. At worst you can be defrauded out of the price of the s/w...
One other thing that needs to be pointed out about Odelys' wealth lab results. Not sure what the bet size was, but assuming that it was kept...
That's funny that such a quote would come from someone named "TrendFader"! :D
I've tried to devise some momentum swing plays, and they always seem to rely on a low success rate with the few winners carrying the majority...
traderhr, Thanks for all your posts. I was looking through the list of posts and saw that you recommended MANT on 5/22. Four days later they...
I was suggesting 6 pips for a RT trade, meaning 3 pips per trade. Thanks for the advice on a mini account. Makes sense to me. Anyone else...
I'm trying to develop a system for trading the forex and am wondering what number should I plug into my backtesting for total costs (slippage and...
I'm interested in trading financial futures, and would like to know from people which tickers have the best liquidity? I looked at cme's monthly...
I'd like to know the answer to this as well. Also, does your API support DDE with Excel? Thanks!
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