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Volent actually that is part of my strategy, as I have learned through sim trading and from my mentor trading multiple lots gives more flexibility. Surely not having to get all in or out at a given point can be a true advantage.

So guys its been about a year since i started a journal about my journey with the markets. My question is how do you know when you are ready. I firmly believe that I am ready to go live and i am going to give my reasons below. Feel free to drill me on anything guys. Bash away have at it now...

So I start this journal a year ago and it is really amazing how much you can learn in a year. Things certainly are better for me a year later. I am just about ready to start trading the dow mini. Only thing that is holding me back now is fulfilling prior commitments on my internship. I have...

so how much money did you retards lose on thursday?

Im not going to bash the kid but does anyone remember the story about the 13 year old kid that hyped penny stocks sent out millions of emails and made a ton then got investigated by the SEC

thanks to everyone for their input.

wow Mark great post, yes it appears we have some real "old timers" here relatively speaking that appear to be anti "real time" if you know what i mean. Email is slow and cumbersome in todays fast moving markets. Chat or IM is the way to go, for those of you advocating email, its 2007 get with...

I am proficient in excel but i do not know VBA, its on my list of things to learn. I am about 50% done bloomberg certification, my current employer doesnt use bloomberg. Hell i dont even get market data. As far as mentors, I have a trading mentor that I believe in firmly and the style they...

Ok great so we are going to use ET for the chat. Works for me, we are all familar with it.

IRC is way above my ability to comprehend....

So my internship is going pretty well. I work for a very sucessful team. Its interesting because styles absolutely could not be further apart. My team uses the mutual fund model approach opposed to using individual stocks. Its an interesting business model that focuses on a niche client...

Bump, any advice would be appreciated in terms of projects i could work on.

Guys now that this has been brought up lets try to organize some type of way for us to get in contact with each other. Lets be honest, using the forum can be slow and inconvienent, its 2007 and instant messaging or chat is clearly the best option. Not to knock pure tick but I do not want...

Dude let me put it into perspective, and note i am not live so i realize i have to discount and take everything with a grain of salt. I have had winners that were 100+ points, and my losers are typically no more than 10 points. a typical trade is risking 10 points to make 40. I am not active...

70% winners Average winner 3X average loser

5k and 5 contracts and your new. Im assuming you were actually being whole hearted and true with yoru question. Thats too much risk for someone that is new to the market. Your looking at $25 swings per point in the dow or .5% of your account PER POINT in the dow. That is just way too much...

I couldnt help but post on here about MBF and my little connection with it. Basically MBF is Mark Fishers company, he owns the largest clearing firm on the NYMEX. He trained an estimated 4000 people to use his ACD method to trade in the pits. My connection to MBF is a good friend of mine...

Hmmmm Tim sykes from Wall Street Warriors? Dude we have to go golfing sometime!

So I wanted to post an update as to my status. After 6 grueling months I finally managed to land an internship for the summer. As you can probably guess I was unable to get a trading related internship. What i did manage to land was a PWM internship with a very sucessful broker at one of the...

I used open Ecry and since i was already aware that their limit order system was awful i only used market orders. My method is a little bit different, usually its only 1-3 trades a day for me at key zones. Looking to get 30+ points out of the on 10 points risk.