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Up to just over $32,000.00.................... BTW, I think we are in a bull market in T-BONDS......I've been doing nothing but buy the 30-year over the last 3 weeks and have done nothing but make money.... Let me tell you: IT HAS BEEN SOME DAMN RIDE...

What's the name of your fund?

I'll tell you why I shared.... I just felt so vulnerable and needed a venue to vent. I also wanted to know if losing so much in so little time would keep me from getting a prop position.....I never did get a definitive answer on that but I suppose it doesn't matter....If I lose all my...

I think when commissions play a role in establishing your "edge" then you really don't know what the hell you are doing. In the 60s and 70s commission was never an edge for any successful trader. It was even more prohibitively expensive in the 20s yet successful speculation did occur. SOrry...

Thanks for your reply. I usually don't trade FOMC at 2:15pm but rather wait and see what tone the accouncement creates in the bond market so I can trade it throughout hte rest of the day. I'm still short bonds but will most definitely be out by 2:10pm. Right now, there's nothing going on at...

What kind of idiot trades before the FOMC announcement? lol......made some dumb mistakes today selling bonds all day in anticipation of a rate hike........don't I already know that this rate hike is already priced into the market? Sometimes I really dissappoint myself. Down $468 today on...

It's only futures. So would you say that blacklisting doesn't normally happen with futures firms?

Check out my experience at http://elitetrader.com/vb/showthread.php?s=&threadid=68647 It's been a rough time for me. I hope this helps you not make stupid mistakes in the beginning like I did.

You have to be really patient with wide S/R. Sometimes it's nice to just put an order in to sell at top of R, put a stop a few ticks above R and place a buy order just above S. Then, let the market take you out automatically. Your risk is for the most part predefined as is your profit. You...

My career is officially NOT OVER. Up to $16455 and happier than ever. And when I get back up to $40,000, I will be in much better shape than I was with my initial $40,000. I've learned so much. Though anything is possible, I really don't anticipate making the same mistakes I made before...

That's a crock of sh*t. Brokers are a dime a dozen. you can become a broker with no high school degree!! The real question is: why would YOU want THEM? Stock Brokering is really a sales position. Your firm tells you what stocks to push and you do whatever you can to convince investors to...

To me that really makes absolutely no sense. I know spreaders do it all the time (especially FITE and NOB traders) but risking $200 to make $50 does not appeal to me at all. What happens when you get into one of those inevitable losing streaks (which every trader has experienced or will most...

Also, is OpenEcry considered a bucket shop or a reputable broker? I was with interactive brokers and switched over to OpenEcry a couple of weeks ago so I could save money in commissions. You think that was a good choice? So far I've been happy with order executions but I am generally very...

I would love to hear from traders that actually have been blacklisted for making too much money.........Until I hear from you guys, I'll assume the notion is a myth. Even if a firm is trading against you, how does it directly affect them if you are making money? Unless they put you on an...

Well, with a $15,000 account I told them I expect to trade about 20 RTs per day. I also told them that my then current broker offered $2.04 per RT but that I'd be willing to transfer my funds over to OpenEcry if they would just match it. SO far it has worked out. But order execution seems...

I have really good commissions. After moving money around from different brokers, I've settled with OpenEcry. I pay only $2.04 per RT all-in. It's not hte cheapest but very competitive

My humble advice would be to stick to a single pair and trade it. Learn it, and know it like the back of your hand. I don't know if jumping to another security will change anything for you. Also, i think you want to see heavy volume print below support or above resistance to take...

InterDay moves can be very dangerous. You have to be able to take losses of a handle or even more if you hold positions overnight. I'm not ready for that. I was up over $1,500 this week alone. I lost $840 today plus 78 contracts in commissions. I traded 6-lots all day. Next week I'll have...

Damn I suck..... :(

Livermore was the epitome of risk. When he had an idea he didn't second guess himself. He felt so sure of himself that he would risk nearly all of his money on a single trade. He was right, many times but wrong also. I don't understand how you can criticize Livermore. It's like a peasant...