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THAT'S EXACTLY WHAT IT IS! As long as you don't count cards, the house edge will eat away your bankroll. By all means, you're no winner.

You don't know much about probability. The cards don't have memory. Each hand is 1:2 (simplifying for minimal house edge) of winning. Anyone of the more knowledgable posters in this thread could have predicted you busting before you started. If you want to gamble and make money. Either...

skalpz - take up poker.

Buying multiple lottery tickets does infact increase your chances of winning (as long as they have different numbers on them). The thing is though, the odds of winning are SO SHIT that you're better off just putting your weekly lottery money in a cash account earning 5 or so percent a year...

Prop trading firms and trading arcardes are practically the new pit.

Sign of a market top anyone?

This thread is hilarious.

I play blackjack. I have a weekend away each month, where i fly to one of four cities each month (in Australia) - and spend the weekend gambling. The only way to beat blackjack is to card count, it's quite tedious but not too complicated. If you're playing like you are - you're playing...

You completely don't know what you're talking about...

I was trying to type what Remiraz has said pretty much. The 2nd part of my message was lost somehow. Anyway, if consistently win 60%, and you're point up/point down. All you have to do is trade all those opportunties and compound profits.

Martingale works when you have: Unlimited bankroll Unlimited betting limits

Hey, I was wondering what are the best times of the day for trading CME FX futures in: - AUD/USD - EUR/USD Thanks!

Breaking even is very much reasonable for the average trader at this level. Apart from that, all depends on capital, risk position etc etc etc etc....

http://www.interactivebrokers.com/en/general/contact/documentSubmission.php?ib_entity=llc "A minority of prospective Interactive Brokers Customers are sometimes required to send paper documentation. If you are in this minority you will be notified during the application process or by email."...

So what's a guy who's under 21 supposed to do if he wants a decent futures broker? Anyone know if Velocity Futures has an age limit?

For spreading: Joe Ross - Spreads and Seasonals Jack Schwager - Complete Guide to Futures Markets From a technical perspective - trading outright FI futures would be similar to other liquid/volatile markets - so books on trading in general.

You don't technically manage an amount of money... Basically they give you a profit/loss account beginning at $0. They say (at the beginning), you can trade two or three lots. If you succesfully make a consistant return on the 3 lot (say $500 a week), they'll say you can trade 30...

$500 USD www.velocityfutures.com This is the lowest i've found, I haven't searched that hard though.

Excellent! As a prospective Refco employee, I like to hear that this prop group hasn't gone to shit. It sounds like you work for Refco in London - is that right?

If you're a high roller and (close to) break even on baccarat, you still get all the casino perks and freebies.