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I don't understand the confusion. He came to a great source and is now using it to ask others who have already taken paths to become traders how they did it. You aren't jelous that he doesn't have to take the long way are you?:) j/k Seriously though, if I didn't ask questions to...

This thread is hilarious :D

First of all, the whole argument about prices moving to stop people out has been raging for years without any solid proof. Secondly, not sure where you have been, but FXCM no longer has fixed spreads. In fact, I have actually observed a few moments of Negative Spreads displayed when there is...

Geez, I don't really see anything wrong with trying to trade $500 if his parents are nice enough to let him. As long as they fully understand that he will likely lose it all VERY quickly then all should be good. It would be very educational and help him develope money management right from...

Anyone see those people in the Options pit wearing "Refco" jackets? It is 18m45sec into episode 6.

Sent you a PM!

I received a call from this firm in regards to my resume but am not sure exactly what type of firm they are because they could have gotten my information from online. Anyone know?

The spreads widened before the move or DURING the move? If before, how long before?

Spread differs between brokers, I saw 6 pip spread but it went back down after a few minutes.

1.5000 likely had TONS of stops lined up. So when the price made the surge to 1.5000 it began taking out lots of those stops and I am sure, to some degree, triggered buys already set in the market. Also notice that the main move occurred in 1 min :) Keep in mind that events like this are...

No news, just a TON of stops being triggered. That caused a domino effect jump which is why I shorted at 1.5031 thinking that things would come back down once traders were able to reassess:) Although I got out for +10 pips and didn't hold :p

The entertainment that is the entire show from the absurdity to the hilarity to the BS? If you ask me it is much better (for what it is) than the madness that is TV these days...

Yes, I know I can wait until they post it on Mojo. But up until this week amazon was making episodes available usually within 12 hours. To me it is worth it to pay $2 to see it without waiting so long and my complaint is because this week is taking much longer than usual.

What do you mean, its hard to see what you are trying to say. In the past I have downloaded episodes from Amazon the day after it originally aired on the network.

Episode 5 is still not up on Amazon...what gives?

I thought that was actually a good exercise that is probably used to calm the newbie traders down. There is nothing worse than a new trader who is jumpy and scared of trading. I personally like books that discuss trading psych so I don't think this is that much different.

Sorry, but I don't understand the point of this thread. I walked down Bourbon St. the other night...who cares? I was at least hoping for some useful information out of this thread like the name of the prop firm. And also, is their appearence necessarily indicative of their trading skills...

Life is no fun without irony and humor :) Cheers

"Alot" is actually two words since you seemed so concerned about spelling and grammar :eek: :eek: :eek:

JA Basically it makes you come across as a homophobe even if that is not your intention. I think that was the point that was trying to be made.