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How much do you guys reckon they got for it? My guesstimate would be somewhere between 5 to 8 million dollars. Seems like selling shovels has always been more profitable than diggin' for gold.:)

Not very likely if you use any kind of Risk Management to protect your downside. Though, I suppose, stranger things have happened.:)

Brooks, Maybe you are setting the bar too low. Some people on the 'P&L Thread' are having quarter million dollar DAYS. Take a look here at mgarc, for example: http://www.elitetrader.com/vb/showthread.php?s=&postid=1102856&highlight=nice#post1102856 Good luck in your quest.:)

Famous last words. :D

Saw this on Ed Seykota's website (tradingtribe.com). :p :p :p

Yes, it is a pointless thread because percentage returns are really not very meaningful. Someone who has made a 'phenomenal' annual return of 300% on a 5K account is still a very poor person living well below the poverty-line and would probably be eligible for Food Stamps or other state...

When to exit? Its best to wait till the 2nd margin call.:)

"Compensated only by stock options since 1997, Fairbank claimed one of the biggest windfalls among CEOs, exercising 3.6 million options for gains of nearly $250 million. His personal haul exceeded the annual profits of more than 550 Fortune 1000 companies, including Goodyear Tire & Rubber...

Yes, the call was pretty good. I have attached todays 3 min chart of ES for you. However, as many people have pointed out, everything feels different when you are trading real money:). There are a lot of people who make very good calls but only a small number of real traders who have the EQ...

LOD = 1308.5

You are having this problem because the exchange data (quotes) are the property of the respective exchanges (CME in the case of ES) and these exchanges do not allow the realtime data to be given out for free. There are mainly 2 ways to get realtime ES data. 1) Open a trading account with a...

https://www.theice.com/homepage.jhtml

Impressive, indeed. If I may ask, how many Roundturns did you do to get to that total? Thanks.

candlesmoker, Are you still trying to pass yourself off as a trader? Here is an example of YOUR "Journal" for the newer ET members to judge for themselves. :p http://www.elitetrader.com/vb/showthread.php?s=&threadid=34926&perpage=6&highlight=candletrader&pagenumber=3 In view of your...

Nice work, iqfeed. 1) For additional ideas on what features traders are looking for, your programmers should take a look at Medved's QuoteTracker software. QT sums up a trader's wish list pretty well. 2) You guys should consider the idea of abolishing that 'activation fee'. I think...

Bravo. He is a known entity in this business. Even those who have worked with him in the past have not placed much with him. Kinda like the adage - stocks that are cheap are cheap for a reason. Can't teach new tricks ...... :)

Forbes published its Billionaires' List. There are quite a few additions (especially from India and China) but still no Daytraders on the list.:D :D http://biz.yahoo.com/special/bill06_article1.html http://www.forbes.com/billionaires/

Its not all that cheap - I am paying eSignal $300+ per month for it. Charting is OK but their datafeeds have been getting worse by the month. With eSignal acquiring FutureSource and Quote.com, there are even fewer alternatives available now.

Lol. That sounds like a pretty okay life to me.:)

Hey Bolter, Following this thread has been a wonderful experience - especially for discretionary traders like myself who are used to making most decisions AFTER the market opens. It has been great to get a very different view on things from a skillful trader like you. Thanks for all the...