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Sounds like small potatos. The fact is, most who claim to make any money are doing so at a fraction of their usual size. I'll say it again, this market sucks. There's no range expansion. No investors buying/selling. Just traders and sharks screwing each other.

I actually hope some of these hedge funds DO blow up. It would probably bring back some much needed volatility and maybe get rid of this BS "buy every down-tick, sell every up-tick" environment.

There's NO MO MONEY in day trading. That's why these people are closing their doors. Might as well move on.

I would agree with the guy. Good luck makin' any money with forex.

I didn't check the web page (not in market for systems)but...what if stops were simply adjusted for volatility. That would then produce variable stop losses, no?

I guess they really NEED to cater to the crowd that's left to "trade". College kids with $5K to play. Might as well call it the Chicago Gambling Hall. What a joke!

Everything the SEC does is for the benefit of the "little guy". Don't you read the statements they put out?:p

I think the SEC finally is allowing this because they figure tons of hedge funds were skirting the uptick rule anyway, so might as well make it "beneficial" for the little guy.

Before, they made you wait to go short and have a loss. Now it'll be faster. There'll be no wait and your money will be gone right away.:D

Yeah, another way the little guy will end up short some change!

No, there really isn't and this market environment really crushes most systems out there. Just a matter of time and everything becomes obsolete. It's a game of *constant* adaptation and for that, experience in the form of years watching this stuff tick by tick seems to be the only defense. This...

Seems you should give more details in your style of trading, like #shares per trade, trades per day, how much you're willing to spend/mo. etc, etc. Why is Tradestation not acceptable to you?

By being a bunch of two-timin' ass-kissing crooks, that's how.

I'd say take the $2500 and make yourself a reservation to 'Vegas and have a good time. Or maybe some other vacation spot. A LOT more happier memories than you'll soon have. This is not the kind of market to spend your $2500 The only thing you'll soon have is frustrastration and a loss.

Completely agree with you there. When everyone is happy and drunk at the party, it's best to leave early.

Mike, A few mos. ago you were mostly trading IWM. Are you still trading it or no longer?

I believe trendlines, like moving averages worked for many years in simpler times. Nowadays they're being tested and re-tested so many times that their usefulness is close to going out the the window along with the majority of the other "TA" indicators. Let's face it. There's nothing new under...

What? Do I understand you correctly? Tie up $1M to earn a measly $50K/year?! Might as well "invest" the money somewhere and proceed with a career, something more rewarding.

ftrade is absolutely correct! The stock trading gig is fast becoming obsolete as there is NO more money in it. Most of you guys are pennying each other to death and the only ones who'll survive in the end are the brokers. Where's the dough? Show me the money! So what if somebody's got 20-30-40...

Why? Let the jerks who've been shorting volatility feel the pain for a while!