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since we are going to be running deficits this year and next at least, the government IS going to be scooping up money and locking in historically low interest rates. The Fed is pumping money into the system in order to keep the public money supply growing in spite of the larger government bond...

I like that fitty cent song also. but I don't understand your post. doesn't sound like a real system to me.

"- from 1995-2000 it made more sense to daytrade and hold overnights" That is complete BS.

yeah and if you think you are going to hold for 7 days at these firms forget it, you need to do a lot more research.

they tell you they will show you how to trade for your own benefit but they don't. That is the scam, the rest of it is just a brokerage house, no big deal.

they should blame themselves for being big suckers. These businesses are legal, but they absolutely DO NOT exist for the benefit of their traders, and the people that believe that are the suckers. Remember Jesse Livermore's first rule....DON'T BE A SUCKER !

you mean be a surrogate specialist except also paying commissions and the spread and not getting the feedback of being on the floor ? Hmmmmm..... Sounds like the specialist will win that game.

check out this poll by CNN http://money.cnn.com/POLLSERVER/results/4061.html

"Make of it what you will." you could possibly make art out of it, I don't know. Can't make a trading decision from it, thats for sure.

average spread on futures is equivalent to 7 pips, and then you commission on top of that. most FOREX is 5 pips or under and NO commission. and there is more liquidity in any FOREX than you could possibly need.

there are lots of books, but I like these: TRADING RULES by Eng and TRADER VIC by Victor Sperandeo By the way, practically every big trader that the general public has ever heard of could be classified as either Swing or Position traders, NOT daytraders.

we are already headed towards higher inflation, the whole delflation BS is pure propaganda, just like the "strong dollar" talk. Interest rates will stop dropping soon, we may have seen the last rate cut already. The Housing market will not CRASH, It will CEASE OPERATION. Prices will not...

you know what is amateurish, repetitive and boring ? People affiliated with the site making up dozens of aliases and annoying the actual users. look at your top 10 posters list.....about 4 of them actually have traded securities. Look at "Joe Member", you think anybody believes that...

length of expected hold time and different money management scheme. Position traders oftn try to "build positions" and may scale in or scale out rather than moving all at once.

considering that you don't have a single penny of your own money at risk, it sounds like a great deal.

you don't do that with swing trading you do that with position trading. the swing trade time frame is under a week, too short for scaling and out. In swing trading you use your max position size right at the beginning and dump it quickly if it moves against you. If it goes in your favor you...

maybe there will be some prop shops that don't run off swing traders. Then maybe there would be some reason to use them. Give me about $500,000 in buying power, let me keep 50% of the net profits, and I could swing trade for a living, no problem.

roadrunner is good for the money if you already have time warner cable tv.

now that 1000 has proven to be a non-issue, things still look good. however, I am getting nervous. I very rarely get nervous at the exact top, usually it has more to run after that.

Their business model is not beneficial to me. Bottom Line.