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  1. cafeole

    Americans DROWNING IN DEBT! Pensions and 401k’s Will Be Devastated in Crisis!

    I think it is all about what you are used to. I grew up in abject poverty. My parents bought a house in 1960 for $4000, sold it in 1980 for $6000 in WV. My parents brought up 3 children on welfare. I had a pretty happy life then. I played music with my friends and learned to love nature. If...
  2. cafeole

    Anyone Tried the 60 Day Trading Gauntlet from Earn 2 Trade?

    I learned a while back that when dealing with other businesses, you live by their rules, get them to change them, or pick a competitor that best suites your needs. I don't sweat it, I just move on.
  3. cafeole

    Anyone Tried the 60 Day Trading Gauntlet from Earn 2 Trade?

    The point, I think, is that it is their money. They want to protect it against known situations that can cause violent moves. Not everyone will put a stop in or even notice the event is coming up.
  4. cafeole

    The Guantlet Mini

    $25 is for the first month only. $150 per month after that.
  5. cafeole

    Trading Futures in a 401K

    Yep
  6. cafeole

    Trading Futures in a 401K

    Millennium only manages the IRA. They are not a broker. You have to check with futures brokers about how they handle the IRA. Tradovate uses Millennium. Others probably do to. BTW, Tastyworks does not require an outside manager, but they do not offer day margins.
  7. cafeole

    Trading Futures in a 401K

    That is one of them.
  8. cafeole

    Trading Futures in a 401K

    BTW, not all brokers can actually manage an IRA. For those that don't, you will probably be paying about $300 management fee per year through a third party.
  9. cafeole

    Trading Futures in a 401K

    I transferred mine to an IRA and trade futures in it.
  10. cafeole

    Support and resistance. Python implementation

    Thanks, I will check it out.
  11. cafeole

    New To Options: Why Would Anyone Day/Swing Trade Stocks Over Options?

    I never use % return, since that does not go into my bank account.
  12. cafeole

    New To Options: Why Would Anyone Day/Swing Trade Stocks Over Options?

    Do this exercise - in excel price a liquid option over time (if you day trade, use minutes to hours) and see how much the underlying would have to move to make the same profit as you would with the underlying itself. Don't forget the spread.
  13. cafeole

    Keys For Success; A Well Drafted Plan - FREE Earn2Trade Webinar - August 21

    I attended Build a Castle event. It is the same webinar. BTW, it was a very good webinar.
  14. cafeole

    Keys For Success; A Well Drafted Plan - FREE Earn2Trade Webinar - August 21

    These kind of videos are great IF you have a winning strategy. I have noticed that many companies like to make instructional videos about what I call the "soft" stuff. No one tells you how to find the "hard" stuff - successful trade strategies.
  15. cafeole

    Earn2Trade 2/28/19 Journal

    The way I understand it, it is Ninjatrader who will not support E2T.
  16. cafeole

    Tell me why I can't grow my account to $1M in 12 years

    I, too, started out as an engineer. These are my takeaways as a converted trader - 1. You have to treat this like a business. 2. You have to find a strategy that works for you BEFORE you trade real money. 3. You MUST put together a trading plan and stick to it. 4. You MUST put hundreds (some...
  17. cafeole

    Trading with/without a mentor?

    Day-Trader-Utah- I have no affiliation with these guys, but I think this video is pretty good.
  18. cafeole

    Trading with/without a mentor?

    When I got interested in trading I had heard all the pundits say how easy it is, just learn a few profitable patterns and off you go. I bought it hook line and sinker. Nothing is farther from the truth. Treat trading as if it is like becoming a lawyer all over again. Takes a lot of study and...
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