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We're in that slim jim from Friday...

GM to you, stopped be.... Remember Bonds closed, maybe a bit sleepy today?

long 82.29, stop 82.13 stop to be, target .56 min

good morning all! Just started trading crude again this am, thought I'd say hi. Been about 5 years since I traded it, as I recall. Trades very technically; truly a breath of fresh air. Has a good feel to it. I know I should post my trades real time, and I will. Currently up about 300...

Yep, same here...

Do you realize that you can have a strategy with an edge and even so solely based on the lack of capital still lose? Not sure what market you are applying the strategy against, but in anything I trade a couple thousand dollar stake would put my risk of ruin at better than 50%, even if my edge...

Global clears RCG and Penson I think. Be sure to specify. Also, maybe velocity with that x-trader deal? Don't know, you will need to research.

Uh-huh. I pulled that chart, looks like 1999 all over again. Thinking that's topped is horseshit thinking at best.

Please take my advice. Save your 3000, and work/save until you have doubled it. Now, take your six thousand and open an account at IB. Trade only one contract until you have doubled your money via trading. Repeat and live happily ever-after. Your way will lead to failure. Certain failure...

Yeah, we saw how that worked out in May....

Uh, pretty sure that was sarcasm there...

aCTUALLY, i BET THEIR COST BASIS WOULD BE ZERO, WITH EVERY PENNY OF THE SALE BEING TAXABLE GAIN.... (sorry, caps lock on...)

test

He's saying that that level of leverage is going to put a stick so far up your ass it will likely never come out. :D Welcome to the short bus.

Maybe I can help; don't know but this is what I do. Take the last 100 trades and evaluate the current application of your edge. For instance, my trading yields about 16 %, roughly 58% wins, 42% loss. Now, since I use statistics tables, I round down to a 0.10 edge (more conservative). Now, I...

And so, how do you profit? Point 1, even if a Ponzi scheme, then go long with them. I did... Point 2, I just bought a new house, so clearly mortgages are being written; granted, it was more like the eighties, but not all that bad actually. If you have proof of having the means, you are all...

Don't sell yourself short... Walmart love old farts like us... :D

Well, as you said, this is a trading forum. Given that, his account balance/statements made by him make it obvious that he is both unrealistic and a piker. It was your judgement that he will never be a trader that I thought was a bit harsh. And as you say, his attitude is poor and with it he...

Hmmmm... I have known many traders and quite a few are cocky... I am cocky from time to time; I do not let that influence my trades. Truth is, he is unrealistic, and a piker, and who knows what else. He is also honest about his account and trades, and that says a lot. Even if your thoughts...

Hmmmm....That's like a bit over 50 grand usd; I do not see how entering trades in a fashion that causes their algo to move the price is manipulation. That's like all we have in these markets... Oh, and six years is too harsh.