Recent content by jaywiddison

  1. J

    Which prop firms don't require a series 7 license?

    Maverick Trading doesn't require licenses, but they focus on options spread trades rather than day trading equities. They do have futures and Forex available though. When I was researching prop firms, I liked Echo, JC Trading, CY and Maverick the best.
  2. J

    are your trading losses hard Stops or mental Stops ?

    When I'm trading the futures, I'll almost always use a bracket order and give myself a hard stop and limit order for taking profits. It's true that sometimes I leave money on the table and sometimes I don't get filled, but with hard, fast rules and boundaries, it has made me so much more...
  3. J

    What does everyone think will happen to the JPY in terms of Japan bank intervention?

    The JPY seems to be doomed with all the silly things they are doing to stimulate their economy, manage their debt, and effectively value the Yen. It seems to be a real stalemate, not only for Japan, but for the global economy. Any thoughts? Thanks.
  4. J

    Prepare for the "The Kick The Can Down The Road Crash of 2011"

    Unfortunately, I have to agree. There just isn't a good place for people to invest right now, so things nervously run a little up and a little down, but eventually, there has to be more bearishness. There is virtually no way to avoid it. Hide yo' kids. Hide yo' wives. Hide yo' husbands, cuz they...
  5. J

    What is the most consecutive intraday losses you had ever?

    I had a strange streak a couple years ago where I took a couple days of small losses then 13 days in a row of break-even and then two more days of losses. The overall loss wasn't so bad, but what a waste of half a month. I should have just taken a cruise or something. :)
  6. J

    The Most Insightful Articles ABout Trading and Investing!

    Hey everyone, obviously a single book or article can't make you a great trader. However, when I was just getting started, I read a great book that really got into the trading psychology. It's called Tools and Tactics for the Master Day Trader. It's by Oliver Velez and Greg Capra. I don't...
  7. J

    Why is the market going up?

    Hey, I'm brand new to ET. My first post. For the past week, I've just been bouncing around and reading posts. Funny to watch people fight with each other over the internet over silly things. Anyway, I just wanted to throw in my two cents about this market. Obviously, the market doesn't know it's...
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