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If your refering to John Carters book....all his setups (with exception of those that use indicators that you must purchase from him - brick plays indicator (i think was one)) are found on most platforms....You should be able to find the TICK/TRIN in IB, you can just use a calculator to get his...

Yea those pits are pretty empty, i was thinking you were in the option pits.

Are you trading in the pits or behind the screen? I'm just curious....how do you SIM trade in the pits?

have all the Liberal Animal Rights Activists been saying anything yet? I can imagine they'll jump on this opportunity to further their cause and ruin Vick.

How have you been doing since you started trading/training in March for the prop firm? What kind of size did they start you off with?

I use RCG - http://rcgdirect.com/newRCG/

everytime i try to play i always gotta wait 20 minutes for the seats to fill....does that happen to anyone else? When are the best times to play? Are more people playing for "real money"?

Do you play with real money?

...I cant even remember how many Panic Attacks i've had since i've started trading full time....i hope i'm not the only one that consistantly wakes up in a puddle of sweet thinking i'm long 5000 contracts and the market just crashed. Sadly, i have more dreams about the market, than i do about...

Excellent post! Its nice to see others actually understand the concept that commodities are "mean reverting" instruments. Question for anyone on this forum....what sources (websites/tv) do you use to predict (and watch) the 6-10 day forcast? Do you just use local Chicago channels (last i...

Becareful getting short down here, in my opinion its time to buy, then reverse and go short on the coming rally....we'll probably get some warmer temps, and other bullish weather forcasts, and some technical buying from this oversold condition. I'm long some 4.00/4.50 Dec call spreads @...

well i stopped in the room for a good 3-4 hours - from about 11:30 till the close (CT) - just out of pure curiosity. I've never listened to a broadcast like that, all i listen too is the tradersaudio squawk daily. And it really seemed like the room was just filled with novice traders that were...

1.5%? I dont know much about him, but that doesnt seem correct.....all the publications say he turned 12k into 1.5M thats like 12000+%....and unless he proceeded to lose that 1.5M the following years it doesnt even seem possible that hes only up 1.5%?

or you could just find out what 'office cleaning companies' service the goldman office every night and get a job there....execute the Bud Fox/Gordon Gekko insider trading strategy.....probably easier than studying every OTM option.

man, it seems like you guys use every technical indicator/chart time frame you can find....its no wonder why many of your members miss trading calls, and lack the discipline to take calls....using that many indicators, and jumping from one indicator to another every 15 minutes is a recipe for...

oh i c...That makes sense. Thanks alot, great post.

Now that i think about it....Their model may take that into account, but that would essentially be a 3rd standard deviation move; so, thinking in terms of probabilities, it is highly unlikely to happen....but in reality (if its true insider information) it actually has a 100% probability of...

But regardless if they are trading the deep OTM options; why arent they establishing a delta neutral position to lock in those small gains? I had the impression that they'll buy/sell (make the market) above or below their theoritical pricing model - so if they have a theoritical price of .80...

Arent all those firms you listed above purely 'market makers'? I know a handful of guys that work for a few of those and the're just option market makers in the CME, CBOT, & CBOE pits? Thats very different than just a prop firm that requires you to put up 5k and they just let you trade/scalp...

Wow this thread has really gotten out of hand fast... Tim, can you share some insite on your average trading ratios: what type of risk/reward ratios do you usually look for and take? What's your average win/loss ratio? I read your "10 most common trading mistakes" (that you sent out...