Recent content by mspkash1

How about you start trading 100 shares of SPY and prove yourself for a couple of months you can be consistently profitable? Then move on to the ES?

$27/month on h20 wireless here.. unlimited talk, text and 500 mb lte data..more than enough data for me.

betting against the herd works when the price make a big upside/downside move with momentum, consolidates for a while and then reaches another high/low with momentum after you have 100% believed that the high/low for the day has been put.. key is to be patient knowing that you only have a 10%...

The last I checked any price chart, prices still do move from point A to point B on different points on Y axis. So no markets are still tradable.

dealmaker, the idea behind this thread is to just evaluate the popularity/strength of the firm. I know other things like payout and commissions do matter which I am considering but I wanted to get a feel of the safe/less risky firms based on their financials.. Thanks

Here are bright's numbers: Total assets - $22M Total liabilities - $8M Members Equity - $13M

I'm in the process of selecting a prop firm and pulled up the focus reports of a bunch of firms and listed the key metrics below. Can you please provide some insights as to which one is better and why? (I didn't want to assume the higher the $ amounts, the better) All are as of Dec 2014 WTS...

NUGT moves well and is not as volatile as DUST. NUGT doesn't seem to have a lot of correlation with GC. Especially today, GC opened down a lot compared to friday's close and NUGT opened at friday's close.

Nugt also moves in lockstep with USD

interested..

OP What is your plan is to grow your account. making $50 - $100 seems fine but are you going to put more capital and increase the size? Just curious as to where you are headed if you have proved consistent profitability.

It depends on the broker you use NT with. I use IB and the execution is quite instantaneous. Just disable the sounds in options. It seems to cause a bit of lag.

i'd tell him... leave me alone... bitchhhhh (true jessie style)

This is not meant as an advice but some snippets from my personal trading journal that I made whenever I get beaten up by counter trend trading during strong trends. counter trend trading is not a disease. it is just a way to trade mean reversions. i define trend as smooth price moves in...