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Doesn't the nearly exponential volume increase in the eminis suggest there are more than just a few stragglers involved in this? Would this apply to professional status futures traders also?

Would this be possible in a scenario where one frequently makes substantial gains and gives just about all of it back? In this case, trading a large enough number of contracts that even though it's a small # of pts per contract, it still comes out to a decent annual profit? Say, make 20 pts...

I'll get a real job before I'll ever send another trade to the NYSE or AMEX. The specialist system needs a face lift worse than joan rivers.

Dear [Appropriate Salutation Will Be Inserted Here]: I am writing to express grave concern over the proposed removal of section 1256 from the tax code, as approved in the senate version of the budget bill S.1054, specifically S.A. 680 on May 15th. I am an independent futures trader, and have...

Excuse what may be a completely incorrect conjecture here, but is it possible that the intent of this measure is to move liquidity back to the ailing US equities markets, and save the NYSE from what looks like slow death? Also, is it possible that under a similar line of reasoning, those in...

I'm typing out a letter to my congressmen. Can anyone suggest an extremely compelling reason for a congressman to oppose this? You can email your congressmen from this site: http://www.visi.com/juan/congress/

AAA, thanks very much. That clarifies a lot. Can you give me a ballpark range, for instance, what percent of one's after tax profit this change will represent when all the paperwork is said and done? (assuming they trade 100% futures, and very short term).

I am a new futures trader. Next year will be my first time doing trader taxes. Can someone quantify in a nutshell how significantly the 60/40 rule affects after tax profits? I understand that it has to do with when you deduct losses, and thus would also be a function of how much your...

Actually, my stops look like they're malfunctioning, maybe it's better than I thought.

I just coded this in EL, and according to the rules listed in the link above, I'm not seeing results anywhere close to those posted in the excel sheet. Maybe I've got some aspect of the strategy incorrect. Can you duplicate those results?

I catch up on the tribe site FAQs every few days for fun. Ed seems fairly intent on keeping the discussion focused on psychology, so I have sought clues about his trading style in his website links. Two things that stand out to me are the discussions of fluid dynamics and fractals. I would...

I've been wondering the same thing, and planning to start programming my stop loss in IB. Sorry I can't shed light on your question, but I am wondering, does this mean that in a fast market your stop loss doesn't always get hit at your level, or even missed completely? Thanks

can i just say that ES is kicking my ASS. or am i kicking my own ass? enjoy whatever you like with my cash guys. good game.

ctrader, i see what you're pointing out. hadn't noticed that, thanks very much. whatever the pattern turns out to be, we'll know what it might be if/when it breaks or bounces off the top line on your chart.

I just scoured the IB site and can't find a company address, although their career opportunity listing is in CT. I could swear I read somewhere that their servers are in the city. That would be great if they're not.

one thing i love about trading is that it's me against the whole world.

I've wondered about this too. Since IB is located in nyc, does anyone know if they have a backup system outside the city?

definitely, switch to IB. I started on scottrade, and moved to IB a few weeks ago and am thrilled.

ok fine, with 5 mil i would pay running bare to live in a philippine slum for 10 years. would you do it running bare? then you could really run bare

What is your free time worth to you? Everyone has their own equilibrium between the utility of their free time and the utility of financial security. My free time happens to be worth much more than a 9-6, 90k a year existence. Be free, then rich, not vice versa. Just my .02. I...