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Not true, as a professional, my positions are marked to market daily, so every trade, whether a winner or loser is realized (paid for)at the end of the day.

There is a small edge, but you got to be good! :) Some system traders are reporting better fills.

Start a database of 30 day numbers and withing 10 days you will have your HV numbers. I would download them from i-volatility.com Good trading to you!

The logic for the trade is that you can enter or exit with good size at that exact print. MOC is MOC, no slippage. (theoretically)

Who created those rules! Trading is far from being so black and white. Good trading requires you to be flexilble and have be able to manage losing positions. That is why they call it trading. Good trading to you! Mike

Adding to a losing position is not necessarily a bad thing. It depends largely on the strategy you are running, and the time frame you are looking at. For instance, adding to a loser as a short term trading opporunity often works well. Not all traders can effectively trade their losing...

Not looking forward to it, but, my DVR sure comes in handy and makes sure I get to bed at a decent time. I am starting to trade Bonds and the E-mini, so I have another reason to get anyway.

If you are going to store precious metals, hard currency, etc, then you should have a high quality safe installed, along with a top notch security system.

If I am long and start to see sellers piling up, I am hitting the bid, I can always get back in, but may not always have bids to hit. Most of the time, large size one penny above the price at which you bought is a short seller, I don't want to mess with them on an OPG order either, better to...

Interesting information keafan, do you have data to back this theory, or is based sole upon your experience? Today, WEN was a shakeout, I covered some for a small profit, then took a squeeze on the position for .25 or so, then when he rolled over, I was able to make a solid .15 on the trade...

I have been studying that concept for some time now, but have been unable to implement it in my own trading. My trading, and I do consider myself a successful professional trader, is just the opposite. That is, I make money nearly every day, and once in a while get tagged with a large...

Yes, His fear was an entire financial system meltdown. It came closer to happening than most probably know. In that scenario, hard assets, gold, silver, etc. will be the only thing people will want to own. The purchase of T-bills was the typical flight to quality trade, that is in situations...

I don't think he's holding or trading 300 pairs, in fact, I am certain of that, just a week ago or so he said he was trading 13 or so. As for returns, It is simply a matter of making money. The one underlying problem that remains with pairs, the one that doesn't come back, takes most of...

Well, if we assume that he is like most, he probably won't succeed so opening a savings account is a sure bet, however, trading does offer the advantage of unlimited upside and very little downside(your risk capital), and given that I think he should continue to learn the trading business...

What you describe is exactly what a mentor does. But he needs to find an edge above all else, with no edge, nothing can help him make money, not money management or risk management, nor praying to the trading gods. Once you have and edge, that is something that works and makes some money...

You have no edge, why in the world would you trade more than 100 shares at a time. Trade 1 lots profitably, then turn up the size. Seriously, put together a game plan or you are simply going to burn through your 50k! Take my advice, I am one of the truely profitable elite traders. I'm not...

The reason why you go prop is to learn how to trade the way professional floor traders trade. The business model is the same one that floor traders use, and it is a legitimate model. Your time frame should be intraday, to a max of 2 - 5 days in my opinion. My experience tells me that if I...

You inspired me boss hog.......nice trading. I did $6289, on a bit more volume though. About 150 k shares. When I get that many fills my execution is definately less than optimal. I missed PG this morning and left him in, once I saw the fill I knew I was in trouble, he took a grand, but...

My point is this, even if you can't trade, and earn a mediocre return, you can still make more than the average annual salary of most people by trading for a few hour a day. As a prop trader, you certainy don't have to tie up 1mm of your own capital. How about using 25 or 50 k of your own...

Plenty of money left in the stock trading gig, regardless of the pennying black boxes and other crap out there. The fact is, the excess returns have gone by the way side, but I still believe that a trader can make 10 to 12% on capital fairly easily. Now, turn up the leverage, and you can still...