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One of the best analysis I have seen, I will say from a long time in the business I think this is pretty spot on. Good analysis and post, whatever group you are in you just moved up one. :)

I absolutely agree that you need to keep any other source of income so you do not NEED to make money from trading. You have to be mentally free to learn without having to pull cash to live on. And keep the job until you are making a LOT, not just barely getting by from trading. And while...

Echotrade, they were Sterling's first big customer and have a special deal where all their back-end runs at Merrill Lynch on Echo lines and hardware instead of at Sterling HQ, so they don't have the quote issues and other probs you hear about from the firms that have to go through Sterling's...

Looks very true, was thinking about checking the place out but can now say I will never even set foot in that country, horrible government policy. Had a speck of weed on the bottom of his shoe smaller than a grain of sugar and he is in jail for four years. No thanks, I'll stay here, pay taxes...

You guys seem to be giving this Nawal a hard time, go easy on him, I think his post is very honest and refreshing, he already admits he both traded and gambled, and is looking for a way to turn it around. So I'll give the advice I give anyone who asks me, yes I believe prop is the way to go...

Yout forgot to mention that after all those fees, what you do keep is then taxed hard and heavy by Uncle Sam, and then what is left after that is taxed again when you spend it. So in the end after making $500 gross you have $50 left. And if Obama wins prepare to see that get cut in half...

Looking like we will see $150, not shorting oil but am short the Market. This market should get creamed some more, today I think is about 1/3 the move if that.

Pay $1K to take the Bright course, count how many people are in the room with you also paying $1K and multiply that to equal = X, when you get home look at the thin notebook they give you with 3-hole punched copies of topics they will cover with room for your notes (assuming this hasn't changed...

:D :D Made my day, too funny. Now draw the future chart which shows the line down in the shape of puke coming from the swan's mouth... :D :D

Sorry, had to laugh. I'm not looking to join in on any of this, but since no pointed this out I guess I will. --> In the same sentence that you say someone has no credibility (<-- the correct spelling, not "credability" as you put it :p ) because they have a misspelling, you do the same. :D...

Yahoo is trying to make themselves more unappealing to Microsoft by having server issues and complaints. Little do they realize Microsoft excels at those things and planned on instituting them at Yahoo anyways after the buyout... :D

Don't think whatever stats Don says or shows makes any difference, bottom line in my opinion is you are either a good trader or not, and you'll either make money at Bright, Echo, or Assent or you will lose at all three, I don't think one of them will magically make a bad trader into a good one...

Viagra!?!?!?! C'mon, look at what a young stud I am! No Viagra here! :D

OK, A - Chuck might not like the comparison. :) B - WSJ is all fine and good, but how come no one mentions when I get not only my name and quotes in the paper, but also my picture??? I'll cut you some slack, maybe you missed it, so I'll post a link. My name is Brian Penderman from...

If he is never wrong, when could the price go against him? Run! Chuck's on his way to your house for even suggesting such a thing as price going against him!

In case it drops, make sure your friends and family have ample capital to loan you also so you can double-down. He sounds pretty sure about this, don't be shy with finding more funds. :)

I personally believe the only reason we haven't tanked yet is that it is an election year and the fed is doing a brilliant job of propping up a crippled economy to look good until after the election in November. I think then no matter which canditate/party wins, the real economy will step...

That there is one of the most informed and enlightened statements on this board. Agree 100% - especially with the most important being discipline.

If you told me when I woke up this morning I would have back to back posts agreeing with Don I would say you are crazy! :) But, again have to agree with him. The firms that require no capital and give lesser payouts are ok if you are starting in the business and do not know what you are...

I'm not at Bright, but I have to agree with Don on this one. If you told me I had to make a living on 300,000 in BP like you say I would ask you, "WTF ARE YOU TALKING ABOUT?" You are assuming that all traders watch one stock and just trade in and out of that one. I have no interest in...