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    Who's making a living day trading futures?

    I believe the 95% or 90% figure is a myth as I have never seen anything credible published on it. I have come across a paper a few years back (but I don't know where to dig it up though ...) where something like 70 or 75% of traders lost money. I don't remember if the study differentiated...
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    Are you living the "good life" with $10 million?

    Happiness is not an acquisition - it is a process. (not my words, btw) That was truely well said. Quote from saxon22: The point is if you got plans, dreams then the money will let you achieve them. However, if your life is empty now because you are empty, then 10 or 100...
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    Advanced trading and technical analysis books (not listed on ET)

    Most libraries in the US can get you books through the interlibrary loan program. I have been able to read some pretty unaffordable books that way.
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    Can I get in trouble for this

    It is not illegal for US residents to do offshore business. But, the IRS does not like it as offshore businesses do not have reporting requirements to the IRS and therefore it is possible for the individual to cheat on the taxes. The IRS therefore discourages offshore business participation for...
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    Asian holidays?

    Just check the various exchanges for their holiday lists ...
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    Limit Down in ES ?!

    60 point overnight drop is the limit number. I guess it wants to happen. Does the Dow have an overnight limit as well?
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    Alternative to Tradestation

    I have a real hard time programming .... and this influenced my decision on which alternative to seek after all the aggrevation with TS. For a quick side by side comparison of coding examples look at an S & C magazine and their coding. Esignal will go three pages long while others are just a...
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    IDEALPRO: I don't get it!!!

    I am still confused though. My account is in USD. I was trading ESTX futures and any profit and loss was booked in Euros. I wanted to get rid of the Euros and have it in USD. I sold the Euros. Now it says in the Portfolio Window EUR.USD 0 but in the Market Value Window it says -1000 EUR...
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    How to maintain same mindset everyday?

    Account equity goes up and down. Get used to it but don't linger. Just stick to your plan. If the $4k looser hurts too much, take a few days off. Tomorrow is another day. What helps me is that I always take profits out of the account at the end of the week. 30% of every daily profit. The rest...
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    Sell Into The Rallies

    I think I read the following quote in "Reminescences of a Stock Operator" "He who sells which isn't his'n, will buy it back or go to prison." I love that quote. But, yes, I was short this morning - what a wonderful experience.
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    98% of Traders Fail? Says Who...?

    For the life of me, I can't find the article. But yes, there have been studies done. The one I saw, was something like 70% of traders fail. Another study I saw was about which strategy works, it was either one or none out of several thousand strategies. All those things leave out the...
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    Tape Reading for Forex

    Laphroaig will improve your culture - and who knows, will improve your trading ... or comfort you when things go wrong
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    Where is the best place to get forex news?

    http://www.forexfactory.com/
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    Asian Futures Traders

    I see I am about 3/4 of a year too late - but just discovered financialchat.com. The asianfuturestrader room was empty. I would love to connect. Currently I am trading TW parttime (once or twice a week), but will do more starting october.
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    90% Profitable Setup

    I recall when I would just go into the market with blazing guns and glory. It didn't last long. And then came the hesitation part I had to work through because of fear. But this is a non-issue at this point as well. Having a variety of stops (max. loss per trade, max. loss per day, max. loss for...
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    Is anybody out there an expert with TWS' BookTrader?

    It took me a while to figure Booktrader out, and a few bad executions, but I (an intraday futures trader) have absolutely no need for any other front end. Just spend some time setting up the default for the various securities traded. The video tutorial on IB helps a little too, but it really was...
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    Futures Limit Up/Down check

    bump
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    Futures Limit Up/Down check

    Is there a particular news sources which reports if a commodity has gone limit up or down? How can I get this info? Thanks.
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    IQFeed data vs other data providers

    Well, I am a little red-faced now, but oh well, I would like to set the record straight .... and the issue is, that I was using Ni225 m8-osm rather than the ni225_m m8-osm Live and learn I guess. All looks good now.
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    esignal customer service sucks

    $OIX I don't know anything about it though. I found it here http://kb.esignalcentral.com/display/2n/index.asp?c=&cpc=&cid=&cat=&catURL=&r=0.2719538
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