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It's like that everywhere... I live in NYC...white neighborhood, upper middle class family. Some of my friends / mostly white that live in a nearby less-rich neighboorhood do the same thing. One guy I know droped out of H.S. ...works full time for 450$ a week....and pays 1200$ monthly...

LOL to the above !!! haHahhaa

I suggest building your own computer and buy seperate parts. If you need help choosing which ones I can help you. Go to newegg.com Get: E8400 Processor GIGABYTE GA-EP45-UD3L LGA 775 Intel P45 ATX Intel GeForce 260 Core 216 Pick a case / 600w power supply.. Crucial DDR2 1066 memory...

May want to add GS / RIMM / also

You need to have: A. A good strategy. B. VERY VERY VERY DISCIPLINE. C. Stop Losses.

If you dont have it, download uTorrent . http://www.mininova.org/tor/1706477 Thats the link - its safe I have it, read like 30 books so far, its gona save you ALOT of money instead of buying all of them, lol.

Fail. Try SRS / SKF / FAZ .

If anyone is interested I can give you over 1,000 books on investing Compiled in PDF files for computer - for free. It's a 1.2 Gigabyte file though so I hope you have broadband.

Yes, I noticed in my trading that when I dont pay attention how much I'm up for the day - I tend to be alot more succesful with my trades. You 're over 25k which means you can day trade, focus on placing winning trades - rather than how much you make per trade - the money will catch up to...

500$ Daily minimum.

Get both, eventually in the long term. That's what I'm doing. Taking CFA level 1 this june, then taking GMAT , and gona aim for some decent MBA schools, aiming for NYU to be exact, since its in my ballpark range.

JB3...Wow, you have nailed exactly what I went through from August July 08 to Nov. 08, now I'm getting back on track....wonder where I'm heading to next.

http://elitetrader.com/vb/showthread.php?threadid=99283&perpage=6&pagenumber=1 Read it, Learn it, Love it. Then read it again until you memorized every line and answer in that journal. It will help.

Redneck, nice post. Question... My problem is that everything does become crystal clear EOD, I See beautiful patterns/formations/singals/ trends/ ....how do I work on spotting this in real time ?

Dont become over-confident, always remember market has you by the balls - that way you will not lose money, like I and many others have.

Thkank Dman, What if I wanted to trade mostly stocks, using tick-data , which one would be the the best ?

If I do the 40$ comission worth .... how good is the data feed ? Is it like ZenFire / or IQFeed Speed /quality ?

Hey Guys... I was considering changing brokers from TD Ameritrade to one of the above, mainly due to order execution speed and comission fees per trade. I just have af ew questions. For TradeStation, if I place enough trades / or if i pay the 100$ a month, does it contain a good feed...

IQFeed is the best. Its 30 a month + 4$ per exchnage ( NYSE, NASDAQ, AMEX ) etc. Thats what I just got this weekend, and today really it makes the data feed extremmely fluid and quick, I got it mainly for tick data, and I couldn't be happier.

I agree, I think if i trade with smaller shares, once I'm consistantly profitable I will have less of a problem stepping it up a notch. Im usually goin on margin 50%...like 7500-8000$, just to make more $. I am very strict with my stop losses though, no more than 100$-150$ allowed on a...