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Interesting... So then there is little reason to join a place like this especially if you trade futures AND are already well capitalized.

I agree 100% if you are trading stock intraday...makes much more sense. Portfolio Margin provides plenty of leverage. If you trade futures, it's a bit different in my opinion. Trading futures with Portfolio margin is just so much leverage, so trading futures with a prop firm might make more...

What are the commissions 2x IB roughly? What if you don't need data, or very very basic data? Doesn't sound too bad if you are not trading with big leverage.

I know it is difficult to determine, but what type of payout is offered there as far a % of profit? If you were to take a wild guess? Hold futures overnight(traditional liquid issues), staying well below traditional margin requirements of a standard margin account (Non PM margin)...

I wonder about this too. I think they will make markets more predictable, I could be wrong. They will all program similar algo's further solidifying market patterns. Markets will do the same things over and over again. Just my 2 cents, I hope my very basic answer is correct. I'm sure others...

(forgot the picture with Point a and point b)

Let's put this in practice.... Point A and Point B... what is this indicator telling us? Well in my opinion the Move to Point A is Stronger then the move to Point B? Why, because the Rainbow/Moving Average indicator is Steeper. So what is the reality then? I would want to focus on the...

Maybe with different colors it would work better? :) Remember all indicators are, they are lenses of price action. They are not necessarily "signals." They are layers or as I call lenses that help you understand what is really happening. Try to distinguish this. There is not magic...

I would never invest with anyone born into wealth. The guy just gambles other people’s money.

Trade smaller...you need to understand your edge...if you don’t have an edge then it’s just gambling. I sleep well most nights

Year to date this week Just grinding, thats all I do. My results are typically not correlated with stocks as 1/8th of what I trade is equity indexes. On to the next week...sometimes I just can't wait to the next month starts as I am very much monthly focused. One massively positive...

futures, directionally. I place bets on where I think the price of the contract will go. I don't trade gas often, but I'm actually short it now ironically.

I've never traded futures spreads, but what is scary is you have to have "alot" on to make money in the spread fluctuation. God for bid one side moves heavy and the other doesn't, you would get obliterated. Some guy in Norway or Denmark was trading spreads on electricity I think, He lost like...

I typically send out (2) bracket orders per entrance/exit, you simply enter 2 bracket orders The entrance is slightly different, stop slightly different, and profit target slightly different.

I'm sure they liquidated you at a "great" price too. Not to add insult to injury.

This months annoying me.

IB has a 3X CME margin requirement. Bob, do you think you will have a similar stance?

I swear Jan is always a difficult month. Lots of churn as the largest players manipulate the market to establish six month to 18 month positions. But what the hell do I know, could just be randomness.

Sweet Bobby, I disagree with this, politely. I do at times know what is going to happen tomorrow and the next hour and next 60 hours. There is an art to it and it takes time and energy to learn. I don't know where you stand, but traders giving up on trying to understand directional moves and...

This week was positive, still down for January a bit, but cut my losses in half based on this weeks performance. As I have been saying 2 weeks left for the month and a whole year to go to hit my goal. First two weeks of the year based on my backtesting for how I trade is typically a bit...