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This is called Martingale (similar)- it does not work, even if you stay conservative on bet sizes.

Myself and others had a discussion about traders, both new and old, confusing nice equity curves as real trading when it is just luck. A hundred descretionary trades can easily be luck- imo. Especially when draw downs between trades. Old trades who have lost their skill or edge can also...

I do not want to be rude but oldtime is a poor trader and a failed trader. Why is anybody listening to him? I have him on my ignore list, but he keeps reappearing in quotes. I read he was complaining about trading forex because it "brings back bad memories from his divorce". Seriously dude...

I'm quoting this so everybody can see what a dumbass you are. You act just like oilfxpro- a jerk who says trading is a losers game. Risk after the fact- lol........

He is the O.P. Is that true?

Margin call only should happen on account balance, not position. Mike :cool:

ETF’s and ETN’s are excellent arbitrage opportunities. Yes, to the OP, it is a cash cow. However it requires allot of margin, and there are other similar opportunities in ETN’s and ETF’s that make more money without using as high margin. :)

oilfxpro- you should check out some courses at UPenn or a NYC school or Harvard Business School on trading. You can learn allot of new things that nobody will tell you in a faster way. Forget about degrees, just take courses that matter.

$ 10,000,000 is too low. You should be aiming for that in a couple of years- if you are serious about trading. Pragmatically, you can make $ 10 million in 5 years if you are an average trader. This isn't the plumbing enterprise. Some "traders" talk about trading their 2 ES lots with a pretty...

That is probably near to what he is being paid. :)

A wifi router will have no effect on your trading. If do not use WPA or an unsecured connection for your router, it is as secure as a wired connection because it is almost impossible to hack without physical access to the PC. Wifi is also very reliable. The latency is only a couple of...

you should not wait to complain to the securities commission! BBB is not as useful in finance and will not help your situation. private investigator....i like that idea there! :p

aapl should support dow more than sp, there are only 30 stocks. great journal ......mike

The short interest is very high you should be careful because buy covering will make a rally. :)

No I am not trolling, my post is very good advice. I joked that I should get an ET award for restarting the old Patak thread, bcecause lots of people were mad about Patak (and people like you getting mad at those people). Michael Patak can stick it if he thinks I'm a troll, I'm WAY richer than...

I would like to signal out that you will not be trading a $30 k, $50 k or what ever account. If you begin to lose more than you earned, the plug will be yanked on you. This is clearly stated on that website. You are trading a $1 k to $15 k account at the most. I would also add that...

My apologies, but it is on topic. I am just commenting that small nations are not like big ones.

I wonder if that is illegal? Probably not..........

Who cares about these countries? The only things they make are wood shoes and annoying blondes............socialists!!!!!

I smell smoke and a rat!.............