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Accepting ideas from people that are unproven is very dangerous. The beauty about this country is that everyone is entitled voice their own opinion. I have mine and you have yours. My advice to you and others is if you want ideas; go to someone with a proven track record; such as... Ed...

When I want to suggest something I come out and suggest it. If someone wants to come out and teach, first you have to supply a proven track record. This is the way the world works incase you guys forgot.

I think that was more than seven tips. If you actually read Livermore you would know that tips are for suckers. I just love when successful traders decide to open their hearts and give away all the secrets to success. Get real frenchy... not everyone here is a sucker.

Now I know why there isn't a futures market for uranium.:D

Tell me that was a bad joke.

izeickl, if you are serious about playing this theme; check out James Dines newsletter. He is the expert. He has basically been calling uranium spot on for 3 years.

URE.TO, MGA.V, LAM.V the top 3

balls with good timing

Good luck downtickboy... I'm sure you will find your correct path.

There are many ways to trade. You can make a lot more than 100-200K a year and you don't have to watch ticks; but, I agree with you, you seem to want to move on and no longer have passion for trading which takes an intelligent person to realize.

sorry to say this and be so blunt but if you can't make money it's not function of the market; my guess is you probably just aren't passionate enough about trading. The best traders I know never ever ever consider quiting. Not being able to make money is one thing; not having a passion for it...

most of my savings gets pumped into the cigar industry:D

IMO, trading to make 25-50K is not a viable plan because in bad years you are toast. For an individual, the only reason to trade is to make it big IMO. You have to enter the arena with the plan to make millions or else your better off getting a job with a little more security.

Figure out your passion, then start a business with that theme. Getting a 40K a year job doing something you don't enjoy is a sure route to unhappiness.

Whether it's zero sum is irrelevent. The point is... If you add up your profitable trades and minus off your losing trades and commission (over a number of years) do you have a positive number and is the positive number enough to pay your bills, enjoy yourself and save for a hurricane or a Tsunami.

A TON OF EXPERIENCE. You will find that most successful market players are capitalists and won't be willing to give away their knowledge for cheap. Just my two cents.

print chart, tape it to the wall, walk to the other side of the room... if you looks up, up... if looks down, down... if you can't tell it's sideways. As per Ed Seykota.

my take is IB is pushing for all electronic markets, pip trading will die eventually IMO.

Nice site Raphel, I put it in my favorites.

start small until you you learn how to make money, maybe $10K... then you probably need about $100K capital to be able to make a decent living at it... but "decent" is all relative.