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it works. I set limits on total position size, and size of each additional purchase. and max purchase. in addition, I recalculate my estimate of forward expectation, and lighten or add based on this. If u use this strategy, the danger is becoming over-extended in one position, or in one...

well, i traded futures with a pure futures broker, purchasing T bills every three months, for about 10 years. currently trade with a hybrid broker that allows a money market type fund, so memory plus exact knowledge of the rules is not 100%, as I tried to make clear. but I am certain...

"The advantage of this is, you don't have to mess around buying and selling T-bills every week, and it pays interest on ALL your cash; there is no "cushion" that earns nothing. The disadvantage is, if the FCM goes Refco (bankrupt) then more of your money is potentially at risk" You never have...

if you are holding a larger balance in a futures account, you will want to purchase T bills. I believe the minimum purchase is $1000, but I believe for whatever reason most futures brokers don't want you buying them in less than 10k increments. Likely they want your cash liquid as possible on...

of the billions that have lived and do currently live on planet earth, those of us who live in america or any other western nation are amazingly fortunate. True, compaired to a theoretical ideal, we may be off and it may seem we are falling to shyt. that ideal never existed. U can look at the...

still not a job in my book. in my book a job is, "a specific piece of work required to be done as a duty or for a specific fee" You are either a speculator or a gambler. I meant this as no insult, regardless. Many, perhaps most, would choose to work without contractual...

Maveric says > "You need contacts, you need connections. It's no different in this business then any other business. A lot of guys on here just don't understand that" Mav, The key is as u say.. its like any other business... sales is a big part of it. how many brokerage firms, how many...

size of range? 2001 and bear markets made end user of investment products timid... equals timid managers.. private traders timmid too. all scared of pain. different times, different market.. nervious nelly different opponent than sam swashbuckler. can't use same strategy against both...

speculative trading is the attempt to buy and sell for a net profit over a relevent period of time with some consistency. historically, the early adoption of technology has been a halmark of innovative business that have been able to sustain an above average return on capital over time...

retail trading is not a job. automation or not... its pointless to discuss. either you make it or lose it. You choose your tools to best of ability... yet most are lazy, see the future of technology as a threat.. punch card union shop mentality... Untill the software chooses not to share...

the steady decline in equity over months of trading is typically do to transaction costs. in conclusion: it is much easier to lose 1million than to make it.