Recent content by supercackle11

nothing illegal about it btw.

most options exchanges work on a market maker system- not a specialist system (although there is a "specialist" there- he is just a lacky that puts orders into the book....) in any case, in a market maker system, volume can trade at your price and not trade with you- depends where the order...

truth is ...... you never know how far its going to go. (or at least i dont). my trading is mostly identifying entry........ i do put in targets at support or resistance areas based on the performance of stock and the underlying index- but after that its all management. i use trailing...

here is why they threw the money at his feet. Madoff said he could return 12% per year and not take a management or a performance fee to do it. he said he made his money on trading spreads, etc. so these feeder funds thought "hey, i can raise money, give it to madoff and I charge the 2/20...

thanks nyc

lol, i think i would have to- if your anything like me you gravitate towards things that take an extreme amount of ability and creativity to accomplish. if it wasnt trading you'd probably say the same thing about some other endeavor you were pursuing - maybe art or something a bit less...

i have been prop trading for a small firm for several yrs (5) with a small amount of capital. i have produced 40% + per year but with payout and structure its a living only - would like to manage a larger amount. how do i get to the next level? any ideas here? thanks alex

waiting for a bounce is kinda like severing an artery and hoping you dont bleed to death. make sure you are always consulting your daily and weekly trends- i use the 20/40 ma's.... i fthey are rising together - uptrend... declining together downtrend. this is just a guideline of course. the...