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Big deal. I also heard that 50% of the accounts on Elite trader are fake as well....at least fake traders

I think that has to do with Fuel Cells which is different than TSLA's battery technology

But who knows. I watched stuff in 199 go 500% past where I thought it would. Calling tops is a dangerous game that has taken a bunch of money from me the first couple years. Luckily I learned the lesson after 57 times. lol

My call is in the 130-150 area before heading back to the 50-70 area. We will probably need a recession though for this to happen.

It will be interesting to see where TSLA gets to before implosion

Got to love Ninja Trader. If you haven't tried it, do it. Hook it up to your IB account and your entry speed is amazing

I have never personally traded with G6 but I have seen their contracts and learned of their business structure and they are set up as they should be. Don't go into any firm expecting them to tell you what to buy/sell and you can just ride someone's coat tails and not have to put in the work...

An actual trading floor is pretty much the thing of the past and I wouldn't get too caught up with being "local" as everyone trades remote for the most part. Find a reputable firm and I would advertise around town (local paper, websites, etc.) to find some like minded traders to form a group or...

This has been covered in depth and anyone who asks that question likely doesn't have the pedigree (10+ years of trading profits) to walk into an actual shop and be given trading capital with no strings and no guarantee for the firm. Just ask yourself the question, would you give someone who...

I'm sure someone has already pointed this out but I bet that the odds of the market "being higher in 5 years" at any time you utter that phrase is probably correct 80%+ of the time over the past 100 years. My Prediction: There will be some wild swings in volatility over the next 2 years

Trading is the same. All you are doing is buying an asset (either real like a commodity/stock/bond or something created like a CDS or option) that has a price. The price will go up and down over time due to supply and demand. Sell it for more than you bought it for - made money. Sell it for...

I agree that while it is in the operating agreement, it ultimately would be hard to collect as I would imagine that most management would likely write off the loss instead of going after the trader in court and get a judgement and garnish wages, etc. My guess is that management will huff and...

What is this about?

HAHA. I totally agree and I was only referencing the part of the study concerning success rates, win/loss ratios, reward/risk ratios, studies of volatility, etc. The BS about running their backtesting of strategies was ridiculous. Back testing while helpful has lots of flaws, especially is...

The question is a little silly. Do you believe in Forex? If do you mean, does it exist...the answer is yes and it doesn't even take faith. Now, I think the question is do you believe you can make money in FX? Forex is the hardest trading game around and typically attracts the kind of...