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Now I know this place is full of less than $50,000 account traders. Look at all the posts on this subject alone. EliteTrader? Hahahaha more like UnderCapitalizedTrader. 90% of you will burn it all once, twice, three times until you figure out this game is not meant for you. You are better off...

Nice plug! Especially for two people who like to talk to each other with only 2 posts. Pathetic.

All people in the financial services industry should call the Treasury every day for a month to get your point across. We should also call up Defazios office everyday and all the constituents to let them know that this bill is bullshit. Its clear to me he doesn't have a clue how the markets...

Jobs wont come back for years. If at all in the next decade unless there are new industries created that benefit mankind. I'm afraid the innovation and leadership this country once had has fallen victim to fat stock market profits in the internet bubble boom years and for those who know how to...

I quit trading like a bad pack of cigarettes. I'm the guy in the other thread that took $10,000 and turned it into $36 trillion. I no longer need to trade. I just sit on my island in a remote location from the profits of shorting Enron, drive my 10 expensive cars around in circles on my...

I'm waiting for the punchline. That is, what FX broker he uses :D

The question is how to protect trading strategies for a colocated server. The answer is DONT COLOCATE. If the application can be entirely run in-house then do it. Colocating puts up another level of worry having to go through a secure connection. Why risk that at all? Eliminate all the...

The answer is, YOU locate yourself and servers to an office building with appropriate connections, appropriate security measures. YOU control permissions and access to the server. The closer the machine is to you, the safer it is. Colocation is stupid. It bleeds of you having no financial...

I rolled the bulk of my assets into good ole cash today to close the books on a great year. Did +158% on the year and couldn't be happier. The only thing left to do is pick the color on a new CLS550 as part of my reward. :D

Take 95% of it and put it in Ally.com at 1.45%. Leave the other 5% in TOS.

The wiser thing to do is have a backup broker and place an order that hedges the existing position. I always keep two phones around - a land line and a cell phone next to me. If my Internet connection goes down, I use either and have a list of broker numbers right next to me.

You can call this reaction since March an investor bailout after The Flush. This is no more than a recover rally and a point will come in where those that are underwater from long term positions who got stuck in it, will cash out to lessen their loss or get their accounts to even. Those souls...

Suggestions: 1) Avoid overleveraging. If you fail to follow this rule and position size beyond your mental capacity, you will have your head handed to you very quickly. 2) Know exactly how much you will devote to the account. Make sure it is money you can afford to lose. Take 20% of it and...

You are locking yourself into a world of few possibilities. Cutting corners is like not going to college when you know you should of. Don't be in a rush to trade. Do what you know is right and put in the time. In the long run it all pays for itself.

Thousands of traders who feel its none of your business :D

Excellent response. Says more than all the CRAP that was posted on this thread (i.e. why would you not use unbundled, sheesh). You know Travelwander, for someone who claims to know it all, don't ever forget that there are traders on this forum that know more than you as mustardketchup has...

LOL and you speak for me? Look everyone, a control freak. What a revelation! He who states the obvious! Man, you are THE authority figure for EliteTrader! I must come to you to answer ALL my questions! Its amazing how many newbs are on here who think they are "one of the boys" just...

Unless you have years of experience trading futures, using your IRA account to fund it is not very smart. Whenever I see this, its clear to me that the person who is attempting to pull this off has already blown away whatever funds they had prior in non-IRA accounts. My advice to them is, if...

Unfortunately, what gets lost in the shuffle is reading the question and answering it. Most just want to chime in for any of the following purposes: 1) To increase post count 2) To sound like an authority 3) To piss on someone 4) To answer the question I always felt this site should...

Are you saying IB's customer service is poor? Or are you trying to say that customer service is important and is less priority than commission rates? Sure customer service is a criteria. But not priority for me. Why? Because that is newbie thinking. Product offering comes first, price...