Thanks for bringing this to my attention. I did not know that Google had old clippings like these, searchable. Great to read these old stories about him.
To follow Scat; you need to try to create a silent system from scratch.
Use a SSD, and make sure that the power supply is either fanless or has a fan with low noise. Always swap out the PSUs you get with a case with a choice one to avoid noise. You should also get a CPU fan that's very quiet...
http://en.wikipedia.org/wiki/Extended_hours_trading
8 to 8 is a rule of thumb, with very little volume and wide spreads outside 9.30am to 4pm. Nothing on weekends, so it's far from 24h.
What's obvious is that he knows what he talks about. And if that's not obvious to you, then you haven't worked seriously with spreads and other combos in interest rates and the energy complex. He's selling a highpriced service which I haven't seen offered anywhere else - how to create and...
The reason for Multicharts is a pretty simple language for the logic, user friendly, support for many feeds/brokers and a decent community.
Ami also has a good community, but the program is not as user friendly. It can however be customized more if you're looking to create a certain type of...
TZs comments on Bone should only reflect on TZ himself, as it's pretty obvious to any successful trader with a few years under his belt that Bone's the real deal.
However, he's not right for the original poster starting out with 500 GBP of course. I think actually ag spreads could be...
Everyone from sell side, whether they're brokers, IBs etc are very quick to downplay the importance of commissions. However, they're only right if your timeframe is so high that you're not really 'trading' anymore but rather investing.
Once your positions turn more than a few times a day I...
To ft:
I would say that trading does indeed require a pretty strong psyche, so trading your own money might not be the way to go forward for you. However, there might be other ways for you to utilise your "trading knowledge" - perhaps becoming a broker or some sort of financial advisor...
No, he's definitely not well respected in the ET community. He's unable to write English, and although I'd be pressed to call trading 'easy' it is very simple to explain yet hard to do (excluding quant stuff).