Recent content by matthew

"Trader" A documentary about a day in the life of Paul Tudor Jones. Blockbuster had it a few years ago.

As of May 15th, due to some rule changes following the USA Patriot Act, futures brokers have tightened the rules regarding the ownership of funds. I can only accept funds which are directly titled to a customer account of the same name. If someone deposits funds in an account named to...

Nkhoi, A visa check has the same problems as direct visa funds. Ownership of funds. Rules for accepting money for futures trading are pretty strict.

Arizona, Couple of questions. How do you plan to access your account and place your trades? Will you need any special services? Your volume of 3-10 contracts, to be honest if that's your volume for the whole summer, it wouldn't be worth someone's time to do the paperwork to open the...

If you had a loss level, stick to it. It's part of trading discipline. Shut down til the next tax year and spend the time studying the markets. They'll still be here when you're ready to try to learn actual vs paper trading again.

Marrol, Visa would not be accepted because technically that is Visa's money that would be being deposited into the account. It's against the rules for me to accept funds from one entity on behalf of another entity. It's not a matter of a percentage fee as was suggested. If that were the...

No. There is an issue of ownership of money. These days funding is normally done by individual check, or bank wires.

All brokers bad bad bad Try steal poor me money all time Me not need pay for anything Me find broker who work for free Me not worry they go belly up Me know it costs quarter pick up phone Me only want pay quarter Come on. Maybe Don's response was a little flip but degenerating into this...

Hello fellow lunat.... I mean metals traders, Today's feature was large fund selling following yesterday's technical failure. Expect another two days of fund selling to pressure the gold and silver. Typically, fund action in the physical commodities lasts three days with today being day one...

$100,000 worth of stuff, be it stock, bushels of corn, or sewer covers, will fluctuate in price like $100,000 worth of stuff. The main reason futures are considered high risk investing is the amount of leverage (and risk) you are allowed to take on. You can trade $100,000 worth of corn and...

Funny thread. Instead of Don & Def being the only ones taking heat for being in business, I figure I probably deserve a little too. I agree that everything in the financial business should be free. Of course we'll get exactly what we pay for. Why isn't anyone asking what the electricity...

If someone thinks trading is not work, they've never done it before. Let them think what they wish.

It's called "Upstairs" because the trading floors usually occupy the lower floors of the building and when you need to visit your clearing house you are actually going upstairs from the trading floor.

thereuare, Commissions are charged per contract traded. Also, I didn't realize I had only sent one day of data. I had thought I was sending the complete data files. I have a system glitch that I won't be able to fix til monday.