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That is a tough one. You associate trading with the relationship you had with someone. Now, the best way to honor him is trade in the same manner that he taught you for the benefit of the trust, which he has put you in charge of. I would think another mentor would not fill the gap. You just need...

If I borrow off my credit card, I need to make a 15% return to just break even, and CC fees are not a business expense vs trading income. Most traders can't hit 15% per year, let alone someone with minimal funds and the pressure to cover those fees.

Excess capital of $116,872,134

Agreed. My only comment is to never choose your custodian based on fees alone.

Morse is not even my family name. My father was born Moskowitz and changed it while in law school. I have always been a Morse.

Our commissions start at $0.60/side and we introduce to Wedbush Futures with $154,038,212 of Adjusted Net Capital vs Ironbeam with $2,328,009 as of July 31, 2016. http://www.cftc.gov/idc/groups/public/@financialdataforfcms/documents/file/fcmdata0716.pdf Our minimum account size for futures is...

Borrowing money from a bank or credit card to trade is a VERY bad idea.

I missed that. Yes, demo trading is not trading. It is a way to test out a trading platform, not build a track record. Without fear and greed, you never know what your decisions would be in real trading.

Scalperten, Yes, our minimum is $25,000 to open either an equity or futures account. If you are going to daytrader equites, I would suggest a little more, so if you have a small draw down, you can still day-trade, as you must stay over $25K. It's not clear to me what you want to do with your...

Yes, but you gave me the opportunity to show what the Lightspeed Trader option chain looks like, so thank you. Bob

From Lightspeed Trader EOD 9/19/2016

There is plenty to learn online for free before you have to buy a book or pay for a class

I suggest you don't try to learn to much too fast. If you want to trade equities/options rather than futures/option, start with equites. Learn everything you can't find online about what equites are, the market structure they trade in-exchanges and ECNs. Learn the terminology of the industry...

Lightspeed Trader. Low rates, good platforms, low minimums. Happy to speak to you Monday morning if you email me your name and phone number. https://www.lightspeed.com/ Bob

There are an endless number of reasons to speculate on. The more you try and look for a rational reasons why a trade happens, the more distracted you will get, since you will never know for sure. -They are short stock and want a hedge -Short a higher strike and want to hedge -Buying the call to...

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It was. He is only in the beginning.

Blood and Bone:

This is where a many traders have lost money and don't understand why. When I was trading AAPL as a MM, a customer bought 100 OTM calls just before earnings, where earnings were thursday night before expiration. After earning, there was one trading left. The stock went up around 10%, yet the...

Greeks are not a tool to make money, they are a tool for managing and allocating risk. They help you understand where your risk is and determine if that position fits your expectation. If all the greeks are zero, you have little or no risk. If your expectation is that vol is high, you want to...