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They don't want soccer moms that spend 2 hours a day trading? Come on man, that's an untapped goldmine right there.

I think they were pulling your leg.

OK, let me be more specific. So here is the comment I hear a lot on this thread and Austin and I actually debated this for quite a few pages. Someone says, "oh, the only reason to use TST is so you can trade size or scale up. " I say, what is the different between scaling up at Amp vs...

The math is exactly the same whether you scale at AMP or TST. In fact, worse with TST. Nobody can seem to explain to me how "scaling up" is some sort of advantage. Do you get a free toaster oven if you scale. I mean you "do" own the losses right? Just like at Amp. So walk me through this...

Yeah he already screwed himself. The good news is he can use the loss from the calls to offset some of the gain.

He can't sell the calls. As soon as he does he generates a sale and a ordinary income gain on his long position. Have him find an ETF in which AAPL has a large % share of the index and short that against his AAPL calls.

OK, there is some space. Don't overdo it!

On the futures side, you could try to setup a CTA business. But that business has really gone to shit. Man I can't believe how fast the CTA's got destroyed. I mentioned that fundseeder.com program run by Jack Schwager. I know nothing about it though. On the equity side you could form...

And btw, you need 10k to open an IB account, not 2k. But I digress...

It's not a pissing contest. And it's not just on this thread. It's on every thread on ET. A site dedicated to financial trading in which no one understands financial math. It would be like a bodybuilding site where nobody knows how to perform a proper squat. Anyway, let me ask you...

That really sucks actually. That only tells me the company is really hurting. (Sorry Pekelo, they are not making the billions you presume them to be making.) BTW, I should point out having said the above and I'm surprised no one has even mentioned it yet. Another risk you need to...

OK, this is not just directed at Trader99 but everyone on the thread. We need to go back over high school math because I keep hearing this over and over again and I'm getting a migraine at the avg ETers inability to do 3rd grade math. In terms of "scaling up", there is no advantage at TST...

Trader99, these guys don't HAVE the 30k. That has been stated over and over again. And for the guys with just a few thousand, they will blow that money in a month. They need to do the combine to get their strategy and execution down, THEN fund their own account. I don't know if you have...

Gabby, I think the predictive behavior for OR with FX is rather low. Now if you add some filters and qualify your OR you might make it more robust. For example, if the OR is "wide" on a news day vs wide OR with no news or data out. Or perhaps if OR is wide during the asian session and wide...

That sucks. Although they keep saying you can negotiate your commissions lower once you are a senior trader. Most guys here don't understand this but the biggest part of the commish is the exchange fees, not the broker fees. If you become a member, your total fees will get cut in half and I...

Shiko, Pekelo is an ass. Ignore him. He does NOT trade for a living and he admitted this on previous threads. Nothing wrong with that btw, just stating so you have some perspective on his views. Pekelo had a "paper journal" on ET where he averaged into a losing ES position and held it...

I use to back guys trader99. All that stuff you mentioned is pure garbage for intra-day trading, especially with futures. Those metrics work much better with longer term trading and stock and options. I gotta be honest with you dude, I never found any decent metrics for intra-day futures...

Trader99, there seems to be some confusion here. I think you are confusing the "rules" with what guys like scalper joe are actually "recommending". You can trade all 15 lots when you go live. Why not, go for it. Nothing says you can't. What scalper joe is saying, and this is simply...

Gabby, I suppose that is a good enough plan. Currencies are so mean reverting I would honestly try to avoid stops. I just think 4 hour ATR stops is going to get you out of trades right at the perfect time to get in them. Just my opinion.

I will say this, usually when vol picks up in currencies, it tends to be bearish for risk. Nobody "needs" to rush into risk in currencies, they usually "rush" to get out of risk. Just keep an eye on the emerging market currencies. If you guys can keep a secret, I like to watch Mexico and...