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    Journey to develop a system and an edge

    Forums were acting strange, didn't see my reply as a reply and didn't get bumped. I don't like to throw my posts to the front every time but figured I should at least update!
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    Journey to develop a system and an edge

    I started trading live today with one contract as I always believe that is the best way to get your lessons in. I found it very difficult to average out just a point. So far I'm down 2 points on 8 trades. I'm watching a 2 minute chart, identifying supports, resistances and trends and looking for...
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    Rimm started to ring!

    I wouldn't really call a 9.5% move on favorable earnings nuts. ($116 AH/ $106 close) It's definitely a wall street darling though. ... Checked the screen before I submit, now at $118.50. So 11.7% on earnings isn't THAT crazy... I'm going to hit submit now before I'm made a liar!
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    Journey to develop a system and an edge

    Background: Despite my moniker I am not much of a Trader currently. I used to be a trader for a passive investment management company and as such was more of a facilitation gig than applying any of the most important principles to active trading. Prior to this year I did a handful of speculative...
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    RIMM earnings straddle/strangle?

    So whats the thought on the 100/110 Dec strangle? Looks like it'd be $5.75 debit. A 4% move up or 6% down from $106 would be in the money.
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    Futures margin?

    Cheers, I need to start referring to contracts as cars, it has a nice ring to it. My current system has a very robust risk control which consequently was too conservative for this choppy market and a swing trader could not get a break. Suffice to say that's a conversation for another thread but...
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    Futures margin?

    Ok, I didn't even want to discuss maintenance margin since I intend to have my stop loss FAR above $900/contract! It is extremely important though so I have a follow up question. Let's say my account value is $4500 exactly for illustrative purposes. I purchase one contract. I now have $900...
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    Futures margin?

    Ah yes, I meant points, thanks for pointing that out. I don't know why you thought I was talking about commissions of $25 or $50, I was talking about on a losing trade you would have that amount deducted (the loss). My assumptions were all absent of commissions. So thinkorswim.com's rate of...
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    Futures margin?

    To further beat a dead horse I'd like to make sure my line of thinking is correct here. As someone who just begun some simulators on ThinkorSwim to start trading Futures in the near future I want to ensure that the transition from stocks to Futures is proper. It seems that the largest area of...
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    Will you stay with Cyber/Schwab if they only offer per trade pricing?

    Hello there SE MI buddy. I am pleased and shocked to see a prop firm in the area. I'd be interested as to what type of services an undercapitalized part time trader would be available at your firm. I'm employed full time so remote would be essential but I am very interested to hear about...
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    Investing $15K to earn 3% per week

    Enjoyed this thread so far and just subscribed. I wanted to ask you if you work full time and just happen to be able to look at your account from time to time or do you derive your income from something else passive which allows you to focus completely on your trading.
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    Detroit Bright Trading

    I recently stumbled onto ET and saw that Bright Trading had an office in Detroit. Being that I just left the Investment Management business due to the severe lack of anything Financial short of sales I was very interested to hear that there was a Prop Firm in Detroit. I also noticed that this...
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