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There is no correlation between standard of living and nominal price levels.

Is running a phone company a zero risk operation?

That is not surprising at all. 59% of all Americans have problems spelling 4,000 elementary vocabulary in their own mother language, can not preform basic algebra and can not find Mexico on a map. The damage of decades of misallocation of resources in education and family policy will take...

"seems ripe for a correction" "market is oversold" "the market is telling me..." "investors are bargain hunting"

Whenever you're shooting for returns greater than annualized 25% over the risk free rate the higher is the likelihood you're undercapitalized. You're looking for a 1300% annualized return over the risk free rate. That should answer your question.

Nonsense. None of that is a prerequisite for 'real money'.

"Markets have reached a permanent high plateau" "The death of equities" "The death of volatility" What's next?

That will help happy ending massage pricing in the US converge with Bangkok. Not a bad thing.

Just like some lottery players have been able to predict the lottery numbers with a high degree of accuracy.

You're mistaking the higher liquidity in financial markets (vs. a brick and mortar business) for safety. With that type of thinking you're destined to learn very painful and expensive lessons. In three years, come back to this thread and let us know what you learned.

To anyone with half a brain, you're a completely clueless piker trading a $20k account who is mistaking gambling for trading.

I am using R. It's open source and free.

Goto odesk.com and get someone to program this for you. Tell them to look into quantmod and quandl (both for data) and possibly ggplot2 for your graphs.

No.

Soros outlined that Niederhoffer liked to swim against the direction of the waves coming it. 49 out of 50 times it went well after averaging into losers that eventually turned around. However, every once in a while a tsunami hit the shores that Niederhoffer didn't see coming and he got killed.

Think about a brick and mortar business. What type of investing business could you reasonably start with $25k in capital that can net you $50k a year consistently for a 200% annual ROI? I hope you realize you have unrealistic expectations. A McDonalds franchise takes about $500k in capital, you...

You got it the wrong way. Your thinking starts with an income goal. That approach will be deadly in trading because it leads you to assume you can earn a regular return from trading to pay monthly bills. Forget about that. There will be dry spells and periods of losses like in any other...

Reasonable return, consistently? Anywhere from 5-20%, depending on your acceptance of draw-downs and account volatility. Those who reply 100-200%+ are clueless since their ROI goal implies a probability of blowing up that is significantly closer to 1.00 than 0.00.

Not even Niederhoffer is dumb enough to blow up with $VIX sub 20s. I'd give it some credence with a spike >40.

I use R with a MS Access database for backtesting and trade generation. It's quite a learning curve and work to get things setup but once setup I am quite happy with it since a few years. Certainly feel more confident with the results than my old Excel setup which was always very error prone.