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No, I have not, but I suppose I can. What I do not like about futres is that they do not trade 24 hours a day, while the interbank does. Thus, there are overnight support and resistance levels which do not show up on futures charts. I could trade futures off the interbank chart, but it...

To hear a radio interview with Larry Pesavento, and others check out: http://www.nationalfutures.com/radio_show.htm Here's the list of archived interviews: 1.) Larry Pesavento - Aired 3/5/03 2.) Toni Turner - Aired 3/19/03 3.) John J. Murphy - Aired 4/2/03 4.)...

I looked over the Todd Mitchell materials via a friend who loaned them to me. It appears to be very comprehensive and chock full of indicators and techniques. Because of the wide range of indicators and techniques, I found it a bit overwhelming. My friend took the course and summarized it...

Thanks Trader42 for your post. I looked at the threads you listed quickly. Perhaps I missed it, but I didn't see any messages that answered my questions in regards to the tax implications of actively trading your retirement funds. Perhaps you can more specifically answer the questions I...

Hi Robert, Any updates on this topic? A few more questions for you: 1. Given how 401K's may fall under this rule, would we be better off putting funds in SEP-IRA's instead of the mini-401k's you've been writing about if we are keen to day trade our entire retirement account? 2...

I recommend Tony's books and video course. They are top notch in my opinion. Tony's had also replied to my e-mailed questions as well on a few occasions. He's a good guy, in my opinion. -- ITZ

I purchased PDF Factory from the people at www.fineprint.com Works great, especially with their FinePrint product. Not terribly expensive either.

Plus at IB via their Universal Account, funds not used for margin are held in segregated accounts, earn interest, and have SIPC protection. -- ITZ

I don't think they are bucket shops as in the Jesse Livermore days, as I think they lay off their risk after you enter the position. I think how they make their money is that they offer you a 5 pip spread, while their liquidity providers provide them a lower spread, maybe 2 pips. For...

I'm interested in the interbank currency market because it trades 24 hours a day, and data is available to show the price action and all potential support and resistance points. Futures however don't trade overnight. It's price action will follow the spot market to a large degree though...

Adler, I see in Refco's new account application info that funds are wired into a segregated account. Does this mean that your funds will be protected in the event of a Refco blowup? I've sent Refco an e-mail asking this question too, but probably won't hear from them until next week...

I tried calling Gain Capital right now, but was on hold too long and hung up, probably due to the 4th of July holiday and thinly staffed trading desk. They might have answered more quickly if I chose the close the position now option, instead of the other question option. I found some more...

I suppose what you can do to minimize your risk is keep the bare minimum margin in your account and sweep out profits on a regular basis. Given the huge leverage they provide in the FX market, you wouldn't need to leave too much on deposit with them. By the way, I just re-reviewed Gain...

Thanks Adler. Your post helps very much. I've sent e-mails to Gain Capital, one of the larger online dealers according to their web page, about this same issue and have yet to receive a response from them. Not a very good sign, in my opinion. -- ITZ

Amazon's user reviews works fairly well. At least you can view the higher rated postings more easily. -- ITZ

Maybe the better solution is to allow viewers to rate the value of a specific posted message. It could simply be a yes/no answer, or a rating on a scale from 0-10, 0 useless, 10 useful. Board members in turn set the requirements for messages to be shown to us in our profile. (ie, minimum...

Chuck, I've been thinking about trading forex interbank, and would find your add-on data feed very helpful. However, I have some concerns about the safety of funds on deposit at online interbank forex dealers. I started a thread on this topic...

Surfer, These firms are making markets in the currencies and taking the opposite side of their clients trades. If the firm holds overnight positoins, for example, an averse move can take a chunk out of their equity. There's no clearing firm involved with interbank forex, unlike with...

Hello, Almost all of these online forex dealers I see are not affiliated with a bank, and don' t have the balance sheet to absorb losses from poor market making risk management. It seems to me that it's very risky trading through these firms. Sure, some of these firms say your funds on...

Stu, your Excel suggestion is awesome! -- ITZ