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No, I don't hold any insurance licenses. I am an actuary and certainly have never worked with financial securities. This is from their email, "A review of your account has identified you as a registered broker or qualified with a securities or commodities regulatory, self-regulatory, or state...

So I just heard from Tradestation that I will transferred to be a Professional subscriber starting end of month. I clearly emailed them the response of my job and position, told them I'm not a professional, and they came back and said I was. I called customer service to withdrawal my cash and...

I think he blew up 3 funds after that. When locked limit was more of a thing than today, riding the locked limits was quite profitable I believe.

I didn't watch the video. If a stock has equal chance of going up 100% as it does to fall 50%, then this would easily be exploitable in the options market. Clearly, the market disagrees. If you feel otherwise, you can exploit the options market if you are right. If you understand BS, then you...

Yes, I did. I said OK, as I assumed it was required, but I was wondering the same thing. Hopefully, someone else will jump in here.

Hehe, i did the same :).Transition was flawless on Sunday evening. Very nice.

There's different levels of support/resistance and most money is made from determining positions based on how assets act around support/resistance. I agree with buying a minor support level after a topping formation would not be profitable. Based on the limited timeframe shown I certainly...

You have a monthly rate of return of almost 100%. What type of return would you expect in reality if this system performs well monthly: 3%, 5%, 10%, 100%? What annual return do you expect and what do you feel is your expected annual drawdown in %?

That's definitely not a head and shoulder top. Not making a comment a direction, just saying that's not a head and shoulder top.

If your trading futures you simply put the net gain or loss on Form 6781 with the name of broker. If you have multiple then separate gains and losses. That's all you need to do for futures trading. Not sure Schedule C reference. How is that related? Are you not employed and just trade for a...

More often than not this doesn't happen though. You are stating that in a small % of incidences you will lose substantial amounts more than you would have profited if your limit hit on the upside. That's true, but most often this isnt the case. Stop losses are effective because they reduce your...

It's just a bull spread, you can do it yourself. You would have to look at prices to understand if the 10% max los is doable for 15%, but can easily look that up.

10%? I'm sure it's less than 1% can beat the S&P on a risk-adjusted basis over a 20 year period and that should be the measure.

If you no longer have enough intraday margin you will automatically be liquidated and I assume charged a fee in almost every broker. There is a high probability of this happening if you have little margin. If you have 50K in intraday positions and only 53K for example in your account, if...

Can you run your system in something like Ameritrade? I trade futures in my retirement accounts with them and it is only a 25% increase to margin. If so, it may be worth transfering say 30K to Ameritrade and keeping the other 70k in your other account. Just an idea. I just think you are going to...

I see. You are not incorporating volume, just closing price (at least for most part) so doesn't differ much between NQ and QQQ, for example. For your PNL, are you averaging $136 for all trades combined. Wasn't sure if I understood that right.

Couple things. 1) I don't think they will be as close as you think, in terms of triggering signals. I don't know what your components are, but I'd definitely backtest SPY verse ES and QQQ verse NQ. 2) You will have significant capital issues using ETFs, as you won't have any daytrading margin...

The directions are not very clear, I agree. You can just Google it too, as its actually quite easy, and you'll find some info on it. In the end I just put three different brokerages (or combine) and put one number for gain/loss. I think something has to be checked, that's about it I believe. I...

I miss Ken! I liked him and his comments.

The reason traders don't realize that's it's gambling and most occurrences are luck, is that they attribute successes to good decisions and loss of money as bad decisions. This is entirely false. Most occurrences in trading are luck and losing money doesn't mean you made a mistake and winning...