Recent content by Clint

Very well said Mav. From personal experience, operating expenses will eat your bottom line like a dog eating fresh steaks. I took a summer job operating a seasonal enterprise this summer, basically directing and overseeing everything that is going on. The owner put down a sizable chunk of...

3. yes people can still turn out to be bad traders once they open their own account, how is that TSTs problem? They give you a platform to prove to yourself that you can do it on a sim platform with rigid rules, now if they cant follow their plan....then they probably would have lost all of...

Exactly. I really can't understand why people constantly complain about TST. Yes, their business model is about taking money for deposits, maybe they really don't want to back traders. But so what, use their service to hone your own skills. get consistent and the rest pretty much takes care...

Mavs comments toward topstep are right on. All of the people talking negative about the combine are not thinking correctly about the process of becoming a professional at something. Everyone is bitching about how rigged the system is and its about making money off of novice traders. Yes it...

Good news is that the ACD method that he trades has a 100% win rate . Bad news is that actually pressing the button on those failed A ups is not as easy in real time. He's been at it for 3 years or more...even if the calls were hindsight for the first 2 years, he should have enough data to...

It depends on the strategy you want to implement. I am guessing that an automated strategy with a higher frequency of trading would be better for math students / comp sci majors. If you type in c++ finance jobs into google, you will see that many trading jobs are looking for engineering...

There is another one for the Trolls

I think going to school is not necessary to becoming a trader. But, trading is a difficult endeavor. If you are taking daily punts from your 2500 prop account, the extra pressure of trying to support yourself while u build a bankroll is not helping to learn how to trade better. Here is where the...

Undergrad would be good to have computer science (lots of math skills to get through computers), then spend another 1.5 years to work on a finance related major. For grad school, statistics, math is good. Best of all, if you don't like finance, you can find a tech job, or developing automated...

The sky is falling..hedge accordingly! http://www.zerohedge.com/news/2014-06-12/now-time-prepare-next-crisis-says-world-bank-imf-warns-housing-crashes

Weimar Germany situation is coming soon, anytime now really, zerohedge says so. It needs to happen soon, these gold bars that I lug around are starting to get heavy

Zero hedge is for sale, but payment is only accepted in physical gold bars, a combination of ak 47s and ammunition, bullet proof vests, bush brand canned baked beans or pork and beans, because the dollar is worthless and we are always about 3 days away from a walking dead scenario

No license needed if he is accepting US residents

We can officially become drug dealers

If apple doesnt rise on friday. This gap down will crush the option price. At least this guy put his fills in as he got laughed out of here. All he had to was take a stop loss at 3580-75 area and still had some cash in the account to do something with. Thats a good learning lesson for...