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Trading is a high level profession... Like medicine, law, engineering... And requires a TOTAL COMMITMENT... Just like any other high level profession. In fact... Unlike the other professions I mentioned... Short term trading is a Zero Sum Game... And ONLY the Top 2-3% make a good...

This is exactly correct. You can trade anything... If the liquidity and bid/ask spreads are favorable. Conversely... If the above is unfavorable... it's hopeless. The FOREX market is extremely fragmented... No only do you have futures and options... But you have countless cash...

You're looking for love in the wrong place. Try cruising your local Public Restroom... And please wear a condom... We wouldn't want anything bad to happen to you.

This is incredibly small time... "Very active" traders will make 89 trades in one hour. Nobody will ever care about your alleged "$2,000 of commissions".

Unless you have bona fide inside information... This is ALWAYS true. FX is for hedging, not gambling... Like if you live in a country other than USA... And have legitimate business reasons to hedge your local currency.

Exactly. The "Sell Side" is side of the Security Industry that sells you "financial products"... For a FAT commission... Of which > 90% are completely worthless... By lying to you 24/7... BY ANY MEANS NECESSARY. The "Buiness Media" is CONTOLLED by the "Sell Side"... It's sleazy, lying...

(1) Any strategy that "relies" on lows/highs... Is so simplistic that it's certainly worthless. (2) Free data will always be sub-optimal... People who expect quality for free need to grow up. (3) A lot of those "bad prints" and "outliers"... Are actual trades, usually a small trade...

Yes... it's a coincidence. The technology is not even there to implement an "uptick rule" today... Because you have at least 10 legit market centers for a liquid stock... And black boxes trade with sub-millisecond latency... So ticks happen in nano-seconds... And there is no OFFICIAL...

Have you ever tried sports betting for a living? It's MUCH more difficult than trading... Vegas sports books are MUCH more "efficient" than the NYSE. I know... I've done both for a living.

I do about 4,000,000 shares/month... And IB treats me like the guy who sleeps in the bus shelter... Outside Chairman Peterfly's mansion with 63 bathrooms. IB would treat Warren Buffett like a 5 year old.

This is a complex question... Because most algo trading operations... Are not a standalone business model... But an adjunct to a medium size firm's more classic trading. You have to start with what is a MINIMUM professional algo operation looks like ... Say 2 traders (200K) and 2...

One's volume is irrelevant... Only your profit margin matters... In terms of the impact of increased fees.

How tiny must your margins be... For this to be "devastating"? I made 441 trades today... With a total $$$ volume of $1,625,000... That's 192,000 shares with average price about $8.50 My total commissions today will be about $650... And this SEC tax increase adds about $32.50...

About 15% of IB went public... For an average price of $30.01/share. TP can now buy it all back for about $14.00... And a cool $600 million profit... Nice work if you can get it. http://www.reuters.com/article/newIssuesNews/idUSN0321117520070503 But IB is going in the other...

This is not rocket science. With ANY form of averaging down/up: (1) You expected return remains the same. (2) Your volatility goes up. The only "benefit" is psychological.

Google Personalized Search is very convenient. Let's say you are into dealing drugs... Making explosive devices in your meth lab... With some blackmail, extortion and enforcement on the side... And you have an STD and bleeding hemorrhoids... And bad breath and a wooden leg... And you are...

From someone who is doing 100,000 trades/year with IB... this. ET is a traffic whore... Their business model is to attract total idiots... And deliver them to the Big Mook Skinning Machine run by the Securities Industry.

What in the world does this mean? Why don't you just say, you know, "the truth"... That you are a US broker-dealer or whatever... Subject to NASD Advertising Regulation or whatever... But that doesn't stop you from having a radio show... > 10,000 promo posts on ET... And a huge, 90s web...

Chrome has a 1.5% market share. Even in "incognito" mode... I'm sure Google stores everthing you do... Very much especially the details of your pr0n surfing... And will never erase anything... Even decades after you are dead. The only add-ons Chrome will ever have... Are the ones...

The entire concept of "inverting" a losing system... In order to create a winning system... is a logical fallacy. Why? Because if you leave out all transaction costs... It's just as hard to create a system that consistently loses money... As one that consistently makes money. There...