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IB does not have one of the better data feeds.

Not s ckly. Is this a Fidelity rep talking about a diversified portfolio to keep for 5-20 years? That may be fine for the herd, the buy and hold crowd but for us active swing or day traders we cut loses off and let winners run.

No stop loss, no looking at the screen, no cares if your long and price is free falling? You must be talking about position trading or being an investor - or maybe you are talking about options. Even traders I know with 10 million accounts trading futures are using stop losses or keeping an eye...

It would be interesting to compete as a day trader against Soros. _______________________________________________________ Maybe when you come down from the crack, you could write a book about how you are the ultimate trader of all times, not Soro's. Soro's would consider 'day trading'...

I always use a bracket order with a stop loss and profit target. There are top traders that use stops, and those that don't. For those that don't use a stop I hope their discipline is perfect, they can stare at their monitor all day, and their data feed never goes down. In most cases the stop...

"Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic." Paul Tudor Jones

"It was never my thinking that made me the big money, it was my sitting" “The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were...

Yea it is possible but is way harder than most new traders could ever imagine. Once you cross about 10 years of experience and the first quarter million or so the chance of carving out a living start to increase. Thats why its best to have a job why building the base.

Boring!! Paper trading then posting it on a public forum is beyond weird.

The right question to ask is how much you can loose trading forex? Here some real good info on Forex trading:

He did not exactly die poor, his estate was valued at over 5 million and he still had annuities that enabled his family to live well, like trips to Europe. He was a speculator for sure, probably only happy when he was on a trump. Did he keep every dollar he made? no, but he still got out...

Don't let the sharks scare you off- the market offers endless opportunities to those willing to put in the work and progress at a reasonable rate applying a consistent approach focused on a longer term approach of trading for a life time, as opposed to the many over leveraged, under capitalized...

makes sense why stocks crashed as much as they did....regulations on leverage back then were nonexistent ____________________________________________________________________________ The roaring 20s the retail investor/trader had margins as low as 10% and could get loans from brokers. Today the...

Livermore a lunatic trader? Never heard him called that before. Livermores insights into the market are timeless - he was the all time grand master of the game for sure. So he used leverage? From what I read his margin was closer to 10%, less leverage than what futures traders have now. So what...

The futures industry is getting very ghetto? $300 margin to control over $100k market position, insane! They keep lowering it so soon even homeless and destitute people can play in their rigged casino. This is like bringing back the 1929 type leverage to lure in the last of the people too poor...

The NQ is currently $97,140 (20 x) The ES is currently $107,900 (50 x) The indexes move at significantly different rates - see chart!

All of our FCMs allow IRA accounts: https://optimusfutures.com/Select-Futures-Clearing-Merchant.php I did not word my post very well - I meant to say the only FCM I am aware of that allow futures trading in an IRA without having to setup a custodian account is TDA. The custodian account seems...

They will be right when the bubble pops. Trying to time the top of a bubble is virtually impossible. In the late 90's everyone knew we had a bubble that would pop - and it did, only after rinsing out shorts for a year or two to the point the shorts went long - than it popped. The FED & central...

i don't know of any broker besides TDA that allows futures trading in an IRA these days? Midland allows you to invest in a wide variety of things: futures, CTA managed funds, metals (stored in vault), real estate, etc. One of my brokers has me opening an account with Midland in order to be...

True - they have close correlation - at times, in the shorter time frames - over time the NQ waves are nearly twice that of ES, and the NQ is spending less time in congestion. Nothing wrong with trading the ES - whatever works for you, just surprised that nearly every aspiring new trader is...