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Interesting point you have made about franchising. I admit this is a tiny sample, but I live near a busy strip mall with about 15 tenants. All of them have turned over at least twice in the 8 years I have lived here, except for the grocery store, Starbucks and the one franchise, a UPS store...

Only most independent businesses fail. Most franchises succeed.

To have a broad skill set is helpful. Once you are comfortable in any job, try to make a play for some other related position--something you will have to learn new skills for. Keep growing and learning. That said, I have to agree with those who encourage entrepreneurship. If you don't...

Yes. CSCO's P/E was 110 on 3/1/2000.

Short straddles are reasonable in small doses on tame underlyings; I would not do near month ones, though. As for all the warnings you see here, there seem to be a lot of people on this site who don't do things in small doses, like the guy who just posted something implying that he is trading...

One thing you might want to study is which month to use. Near month DITM have lower bid-ask spread than farther months. If you want to retain a position for 2 or 3 months, it might actually be cheaper in some cases to use near month options and roll them. As you probably already know, this is...

well....these things don't just "happen"--legit people don't suddenly start stealing clients' money

It really requires two things to get going in nursing: some experience, and a genuine absorbing interest in nursing. (sounds like trading, huh?) Experience: I have seen the nearly new grads come to the hospital for their so-called internship. They stand around not knowing what to do, and...

Average trade length is around 90-100 days. But the distribution of holding times is bimodal: several with much longer holding periods, and almost half with less than a month.

There are many professions in the medical world where one can spend a year or two getting a certificate and then get a real job that pays a living wage: respiratory therapy, occupational therapy, radiology technology, pharmacy tech, etc. The certificates are not easy--you have to take some...

Thank you for your comments. If people with 10K are the clientele, it would make no sense for them to pay $50 for my system. It is a conservative, long-term system for which I do not expect the long-term return to exceed 18%. So person trading $10K would end up paying a third of their...

The appeal of trades is that you can run your own business, which of course comes with a whole set of pluses and minuses. One plus is, there are so many exceedingly flaky people in the trades, that if you show up on time, brush your teeth, answer people's questions with even a modicum of...

Thank you. There are definitely better systems if you are looking only at returns to date and not at drawdowns or possible drawdowns. Yes, it is very early. I expect half losers--the system description says so.

Oh, really. Wonders never cease.

I have to wonder why you would voluntarily hold yourself back. Your parents, if they are any kind of decent people, which I suspect they are, do not want you to give up the things you want in life for them.

I am already trading way more than that amount with it. Not interested in making a career of it--just want to see if I can market something somehow, in a way that does not require me to deal with certifications, legal entanglements, etc. Mainly, to see if I can do it. I don't expect to...

I want some separation here. I can market to my friends and family, but I do not think it is a particularly good idea, for obvious reasons.

Yes, that is how it works. If you stick to things like CAT, you should be ok as far as liquidity.

Yes, I am trading it myself, with good results.

thank you