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Stock, Futures and Options Magazine Article: Jan Issue - 8 Tips for 2008 "A study by an accounting firm for more than 1000 traders showed that in 2004 only 36% of [equity] traders were profitable and just 4 percent made greater than $50,000. That means that 96% of traders cannot pull 'at...

=============================================== Let me ask this question =============================================== IF you have CONSISTANTLY pulled profits from currencies for more than six months... (be honest now)... What is ... (1) Your entry method (Trendfollowing, mean...

RE: Tax Rate for Interactive Brokers Ideal Transactions - 60/40 Qualified?? Buying Aussies and Loonies via IB Ideal sure seems like "Cash Forex" to me, but we are down to IRS Semantics now. ====================== Green ==================== "Many currency traders transact in both...

CableTrader: I did trade stocks for a long time, but acutually this is only my first full year of doing currencies. I have to admit that it really was more luck than brains on the April trade. The big Nov drawdown proved that to me ... LOL. I have a long way to go ... again. The...

TraderKGB: I appreciate your challenging my statement about tax rates on cash forex. It would not be the first time IRS rules were unclear and unfairly damaging to our family's wealth. Question: Is holding Aussie or Loonie Cash Dollars in my IB account viewed by the IRS as being the same...

Giles117: Your multiple timeframe (15m, 30m, 1H) suggestion is the second time that popped up in this thread. Are you waiting for all three timeframes to signal a buy? What indicator(s) do you use to make the cut? Best Regards, T200K :D

Giles117: I too develop with AMIBROKER. I have used AMI for about 6 years now and am hard pressed to find an easier to program system...though I wish it could display autotester trades like NinjaTrader including stops. Ninjatrader's wizard mode doesn't offer enough flexibility for what I want...

CableTrader: My experience has been in stocks for the last 15-20 years. I caught the REIT wave for about 60% of its run and then went on to three nice years in Canadian Trusts before the Halloween massacre created by the Canadian Finance Minister that badly damaged the sector when too many...

When I opened this thread I didn't expect 21 pages in three days, but THANK YOU to the posters that offered germane responses. I would like to ask several of you more specific questions: ============================================================== BATHROBE: Your selection...

In the Lien and Schlossberg book "Millionaire Traders:How Everyday People are beating Wall Street at their own game", the authors interviewed an interesting trader (Hoosain Harneker) from South Africa that found success in the plan of taking 10 pips per day...consistently. At first the small...

I heard second hand that programming to IB's API bypasses TWS entirely. If that is correct...would I still have to manually use the security dongle to start a session just to get data that is bound for a chart package from IB's server farm? (No orders on that session) In the process of...

I rec that all Americans read Walker's 'Wake Up Tour'. Mind Blowing.... www.gao.gov T200K

I'm ahead about $1200 today. Short two contracts on CAD, short one contract of AUD and long SI one contract for about 15 min. Good luck to all... T

I am inclined to agree with you...I guess hope springs eternal that something will wake up the sleeping before it is too late for US. Good luck to you! T

Following the logic that we would be better off if the govt taxed more...then we would really be better off if the govt taxed us 100% of our earnings ... right? The other side of balancing the equation is for the government to spend less...way less. Maybe even the tax system needs changing...

I love QT for charting. The backend with IB works flawlessly and the multiple ways to setup every chart is unsurpassed for daily work. I have used IB for years and am generally satisfied. The paintbar system added recently is a big step up for QuoteTracker, but I still don't have my trading...

I am looking to move to Nashville TN this summer. I would be interested to setup shared space for trading. Trading with others is a much better environment to keep the creative juices flowing and out of the interruptions that inevitably come from the home enviro... I would be interested to...

I have used AMIbroker for about 5-6 years now. I have done some pretty oddball system design trials and have never been been stopped because of lack of capability. I have been stuck plenty of times, but email support always gets me going. I did have IQ Feed for a while to get at intraday...

Michael, The Globe and Mail ran an article from Bernstein saying the large/small speculators have 'deformed' the market ... and when they unwind, oil will be pulled down to $30-$40. http://www.theglobeandmail.com/servlet/story/RTGAM.20070212.w40oil0212/BNStory/ I looked at the COT...

My mistake....commercials only increased their long position by a net 35.000 long contracts. That would absorb a lot less of the speculator selling volume doing the Lemming Shuffle to the exits. Thoughts?