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Watching L2 is like playing poker. To say it is not helpful is not accurate for everyone. It may be helpful to you, it depends on how good you are at figuring out who is showing the opposite of their intentions (bluffing!). Not sure if you can teach this, but the more you watch L2 in your...

DO read your contract, make sure they aren't holding your money for a period of time - if you are ok with that, know how long that period is. Sweep your profits often, keep only as much on deposit with them as they require and will give you enough leverage that you need. Take advantage...

Trance! Listening to Oakenfold's Goa mix today, for example.

Sorry Automated, I'm not here to defend Assent, but if you signed the deal, you signed the deal. Don't bitch about it afterwards. It is a lesson for all. You MUST READ YOUR CONTRACTS! I don't care if it was Pam Anderson telling you to sign the deal, you tell her "I'm busy right now, I'll...

Well, I'm totally confused, whether Assent holds the $ or not! Stop the ****ing pissing contest. If you are truly that concerned about your precious $10k, just ask if they will specify in your contract that they won't hold the money. If they don't, you can always look somewhere else...

It is a fact, there are traders making a living trading, so the "edge" certainly is not a myth. I don't think that you can define an edge for someone while disregarding the skill of the trader, as you request. The trader's skill is always a crucial factor to success. If it were not, and...

I think anyone who promises trading success ie.. "money for doing exactly what you want to do" is going to attract the most desparate people. The opportunity is there, although people are led to believe it is easier than it really is.

I think what limitdown is saying is, put up or shut up. Of course the irony is that, exposing a successful strategy is likely to have others try it, and therefore will eventually turn it into an unsuccessful strategy, so anyone (who wants to keep making $) will not disclose what works for...

When I checked on this several months ago with a clearing firm, they said 1.25 million on deposit with them to do that type of agreement. You may want to go direct to the clearing firm to reduce the number of "middlemen", if you can swing the capital req. As far as the other fixed costs...

There is no such thing as a "stolen strategy". Anything that can be done has already been done before! Front running, now that's another matter, but you can even make that work to your advantage too if you find that is the case. Automation is not an edge, only a way to expose your edge to...

Although if you do consider trading other people's money, that does not come without a cost. For instance, you get charged .012 in comms instead of .005, or they keep a percentage of your profits. Your goal is to make a living doing this, and these factors can actually make the difference...

Scottie, go for it. Try a prop firm where you only have to put up $10k, that way - worst case scenerio, you only lose 1/4 of your stake. Keep the trades small in size, and don't pay attention to return rates, they are misleading and don't accurately reflect your success. Keep score using...

You are missing the point. What's important is not how much the firm makes, but how much you (the trader) makes. The firms push this strategy, yes, maybe because it generates more in commissions, but that is irrelevant. The fact is, it is arb and arb works, if you have costs low enough and...

There is just no reason to trade SSFs. Given the amount of leverage, tax treatment, and costs comparable to stocks - why pay .03 more for an SSF when you can just buy the stock. Not many takers. Also, for the market to be active, someone has to be in there willing to take some risk. The...

There is money to be made in BOTH markets. People have their favorites, which is OK, but saying that "you can't make money" trading one or the other is a stupid thing to say.

I agree, everyone cannot replicate the success. That's impossible anyway, since if everyone employed a successful method, it would stop working. The question was, can I get a 10-20% low risk return. Yes they can, although certainly they must be good traders to do so.

They aren't trading my methods! :) Seriously though, you could simply jump in front of size all day long and get 2 1/2 cents on your $50. There are a number of methods that work with a positive expectancy, as evidenced by the success of (some) on this message board.

Think about what you are saying. If 10-20%/yr. was too difficult, daytrading wouldn't exist. You would need 300-400k in capital just to make a living! 10-20% a year, so let's say about 1% return per month is our goal. With leverage of 20x which you can get trading futures, or the many...

I agree, Taleb's book was the most helpful I have ever read on trading.

Of course the old saying goes - low risk = low reward.. However, you may want to consider a stock/options combination (especially around exp dates) or integrate stocks going ex-div into the mix. Certainly the key is having alot of capital at your disposal, but you should easily be able to...