Trade longer timeframes, in the range of swing trading to position trading. Majority of the smart and successfull people seams to employ this style of trading, people like Paul Tudor, Steve Cohen, Soros, etc. and almost all of the top hedge funds.
Break it up in smaller payments, something like milestones and one for final delivery and one after review. Thats a setup that both parties should be able to accept.
Milestone1 - 10%
...
Milestone5 - 10%
Final delivery - 25%
After test and review the remaining 25%
Why not borrow $50k from the bank. If the "2% to 5% Return on Investment (ROI) on Daily basis" is true you will be able to pay it back in a month or so.
Been expecting a market correction between may and sep/oct, a decline to SP 1000-1050. But I never thought it will go there this quickly in just 10 minutes. :p
This is what it all boils down to. The investment banks make a heavy commission on the OTC derivatives business, it is a big cash cow for them so they will fight tooth and nail to stop any of this regulation going through.
For us retailers and society as a whole it is best if these shadowy...
Why does one have to make $2k-$3k a day to make a living. You know that that accounts for $50,000 a month and close to 1 million a year? 20 times more than a regular employment pays out.
The number of shares traded is totally irrelevant. A 10% profit trading a $150 stock is the same as...
Journal and performance tracking thread for Infinite Alpha
Style: Swing Trading, unidirectional (trades in the direction of the main trend)
Method: Fully systematic with manual EOD entry execution, Profit target and Stoploss automatic intraday
Instrument: TNA (stock indicies)
Holding...
If I where about to start trading options again I would look into a strategy to exploit volatility dislocations in various stocks and instruments. Kind of reversal to the mean strategy, a bet that IV will normalize.
Sometimes then some major event happens like surprise earnings report the...
Yes historical options data generaly is very expensive. I know CME Globex publishes FOP data for free in their daily bullentins available at ftp://ftp.cme.com/pub/g_bulletin/historical_data/
Have used these before then I did test some strats against the ES FOPs.
About 2 years. it's uni-directional, only trades with the main trend, never against it.
Averaging down is for suckers. Basic trading rules say never add to a loser.
Mean-reversion index swing trading. Does 10-12 trades per year. Extremely high win ratio, 80-90% in my favor. Annual return running at +200% using 3x ETFs.
What other prop firms are there like www.titletrading.com, etc that give you a book/account to manage, fully funded by the firm?
I'm looking for a professional firm that allows for remote trading from Europe (EU citizen), a serious long term relationship. It's acceptable that they start out...