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I'll try to offer some real talk for you. No, I've never found 'popular technical analysis books to be any value. The books that I've found interesting (and maybe of value) were ones that provided the thinking process of a trader, and maybe lessons learned by traders (with blow-ups, etc, which...

Let me echo what bootize said and caution you against pursuing any trading based on angles. As he mentioned, angles are an inherently flawed method of technical analysis, since two traders, looking at the exact same data, can have vastly different angles for the same chart. The reason is...

The obvious existing forum to do the test would be the Journals forum.

Awesome.

I have nothing against the implementation of new features that you think will improve your business. That said, I don't expect to use it, nor is it likely that the trader friends of mine would use it. Other products, such as Skype, work perfectly well for that purpose and I would prefer to use...

The problem for EliteTrader, is that ET cannot compete with the technology of collaboration products such as Skype. As a result, you have the first collaboration model, the public model, where people come for entertainment and perhaps a slight bit of information. Then, they go into small...

Yes, absolutely this would be a good idea. It would also, IMO, lead to having more serious discussions and contributions from successful traders, many of whom tire of the pollution and newbie insults that they encounter on the site. Transparency is good and public discussion should be...

If he did that, he'd miss a day like today.

http://www.youtube.com/watch?v=opWV472p5NQ My daughter got to know Taylor Morris this past summer at Walter Reed National Military Medical Center. He's an amazing guy.

Sounds like Pristine has the exact same business model as Velez Capital Management, which morphed into Team Trading and other firms before stealing the money of their traders. This is not particularly surprising, since the founder and ethically challenged owner of Velez Capital Management was...

I don't size my positions by volatility. First and foremost, I only trade a system during a 'profitable environment' for each system. This is well correlated by volatility, and as a result many systems decay into poor performance during low volatility times (and thus are deactivated for live...

This is an e-mail that I got forwarded from Penson just yesterday: "Good afternoon, Thank you for your inquiry. Unfortunately the account in question has been identified by our Cost Basis Dev team as still needing a corrected 1099 due to unmatched tax lots or cost basis related...

Ditto.

"Don Bright, keeper of the facts." Nice ring to it! Not sure why the rest of us useless, clueless speculators are even on this board. What the rest of us know to be true is mere 'speculation'! I guess all the traders that have talked to you, then talked to other firms, and have reported...

I don't have time to research rates every month, but your claims have been similar for many years. Here are a couple links from a few trader friends (well known and very successful traders here on ET) from just a few years ago...

A couple of good friends of mine have contacted you in the past when they were in the early stages of switching to a new firm. Your rates were nowhere even in the ballpark of what they could get from other solid firms. They've posted about these experiences here in the past. I can find the...

Just curious, are you attempting to imply that for 'normal trading', their rates are comparable with those charged by Bright trading? I don't think that's close to being true. Maybe you intended to imply that for normal trading, their rates are similar to other prop firms that charge...

Don, If you are really interested, I'll do the leg work for you and find you a firm that saves you 50%+ on your commission fees for your family account. All I ask is 10% of your commissions saved for the next couple of years. Deal? Just PM to me your current 'family account' commission...

I'm also going to call Bright Trading to find out if they really charge $2 to $3 (or even much more) per 1000 shares. That is multiples higher than I've been paying for years. I'm wondering if they maybe include covering your car insurance or a house payment as part of their fees. I'm very...

WTS is charging 20-30 cents per 1000 shares. If another firm is charging 2-3 DOLLARS per 1000 shares, I would certainly see where they would have more money to show. But, the second firm's money is really just their traders money that they have taken in the form of excessive commissions. I'm...