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  1. J

    First-year, newbie casual trader tax question

    In actual practice, you just have to have the data available if they request it. I always include a note that I made thousands of trades and will send the data upon request. This makes em happy as long as I include 1099's. Personally, I don't think they have the manpower to look over the data...
  2. J

    BS trading today

  3. J

    BS trading today

    I've been saying that for years. I think most people who proclaim otherwise are pure mechanical traders, or haven't traded for real. Paper trading does help you get a system down before starting though. This saves lots of losses compared to just winging it with real cash. Good job on the 4.5...
  4. J

    Qcharts

    They just deleted everything over 860. Everything has to be done on their end I believe.
  5. J

    trading the es mini

    Well, how much are you making now? Different strategies and skills can anticipate different results so I don't think there is any definitive answer to this Q. Jay
  6. J

    "Ready" to Start Day Trading...

    Ditch, Thanks for the insight. A bit manic for me though. I wonder what Nitro uses? He scalps like a madman. Jay
  7. J

    "Ready" to Start Day Trading...

    2 to 4 per hour? That's fantastic. I saw your screen shot, but can't really tell what you use. Would you care to elaborate on your scalping technique a little? I'm happy with 4 ES points per day (per contract). Jay
  8. J

    Straight QQQ vs Mini/other

    For futures trading, 60% of profits taxed at long term cap gains rate. The rest at regular income rate.
  9. J

    how many trades do you make a day?

    I used to do up to 50 per day, but couldn't make money that way. Now I make 5 - 10 and it works well for me. I only take the best setups I see. I am bored a lot though. If I could profitably trade 50+ like Nitro, I would. Jay
  10. J

    Is $4.00 a round turn a good rate?

    I have done this, but it still isn't one click. First I have to highlight the position, THEN hit my hotkey. Nothing happens otherwise. If IB would add better functionality on bracket orders (very weak now), and buttons for immediately entering, and especially closing positions, then in my...
  11. J

    Is $4.00 a round turn a good rate?

    Was this with Spike Trading? Sounds exactly like a quote I got from them. TT's platform is a rip, but I sure would like to have single click entry and exits (I use IB). Jay
  12. J

    Index leads bonds or bonds leads index?

    No, I no longer look at bonds for trading ES except during big report releases or when interest rate changes are really in the news. Many traders look at bonds all day, but they just don't seem to help me. In fact, bond data is often a hinderence as a bond move may lead me to ignore my trade...
  13. J

    Index leads bonds or bonds leads index?

    Well, they are extremely correlated, but in divergent directions. Jay
  14. J

    Index leads bonds or bonds leads index?

    Which index? Spoos? In my experience, these two can take turns leading. If stocks are in the spotlight (like now), they lead. If bonds have interest rate news, etc., then they can lead. Jay
  15. J

    QChart features needed in ESignal

    Oops. I thought we were talking about Qcharts here. Just noticed. Now if any Qcharts staff are reading this thread.... Jay
  16. J

    QChart features needed in ESignal

    Could this be 5.0? You guys having been promising this, and moving the release date for at least 6 months. Every time I call tech support I ask about this, and they ALWAYS say in "about a month". I am looking forward to this very much as supposedly it will also have continuous futures data. I...
  17. J

    Tax book for fututres traders?

    I've already looked into this and was gonna email you about some specifics. Thanks, Jay
  18. J

    How many points per day do you get during papertrade

    Everyone who paper trades before switching to real trading made money in the paper phase (or else why would they switch). How many then make money in the real world? Not many as a percentage. I believe paper trading is only valuable in learning the mechanics and structure of markets, not in...
  19. J

    How many points per day do you get during papertrade

    I totally disagree. The psychological aspect is probably something like 90% of the game. Even system traders don't do as well in real life because they tend to second guess their systems with real money on the line. If you have done as well in real trading as paper trading, then you are...
  20. J

    RAM combos

    Thanks. This forum is much better than tech support. Jay
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