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there are NO secrets in trading - this along with belief in a predictive power of various TA models are two grand delusions of trading. just my 2 cents.

Interactive Brokers of course

Hard to be consistent using "lottery" method. After all it is all about consistency and long term survival.

So true.

Day-trading options profitably? You have better chances of building a time-machine. Just build the damn thing - travel to yesterday and you are infinitely rich - voila! Simple as that.

Spot on

I mean - really?!

You are amazing!

Oh, if you don't expect it to stay above 100... wow, thanks! Wait, but... who are you exactly? A person with 10K+ posts on ET, that is what I see but maybe you could elaborate, no? Janet, is it you?!

I would say one needs at least 12 months to judge any trading system's performance as well as trader's psyche response to drawdowns caused by following it - one full calendar year. Solely my opinion. Obviously you use an insane amount of leverage now and it will catch you up rather sooner then...

1X$ into 30X$ in two weeks?! Well, franky the system is not good enough. Good system is able to turn 1X$ into at least 70-120X$ in the same time period. Moreover, it has to be easily scalable. If it's not able to handle let's say 100 mln dollars - this is again not a very good system. Open a...

I will stop myself here. This already feels like a recursion. If you absolutely need an edge in order to be profitable - well, continue your quest for it. Hope you will find it whatever that is. As for me - I have to look into my trading horoscope for December 2016 now and just after that I'm...

Well, considered or not - these are enough to be consistently profitable. Moreover, I haven't heard profitable traders use word "edge" but it is often I mentioned by beginners or those without consistency. I do not believe in a concept of "edge" in trading. Beautiful word concept created to...

The only edge there is are exceptional risk management, as low comissions as possible, midspread entries and exits. That is it whether you believe it or not.

"Negative edge" reminds me of a modern cosmology concept of "dark energy". It has to have properties of antigravity but we still do not know what is exactly gravity in the first place. But ask any cosmology expert and he would gladly talk about dark energy this and dark energy that.

I actually tried Lightspeed Trading app. It is very much akin to IB TWS Mosaic - not very useful on notebook screens or any single screen setup. At least for me. Needs several screens for most purposes imo. If only you had something more like IBs classic tabbed-based spreadsheet layout. It's the...

Nothing is certain in a twilight zone of options. La la la la la la la la.

And everytime your position is 50 contracts?

50 contacts of what? You can trade 50 contacts of PCLN or 50 contracts of MT.

Yes, of course he sold it.