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easyrider: “I thought it was "the masses lose their asses".” That was Groucho Marx.

tampa: “Trading is a matter of skill… It is boring and repetitious. It requires no great intellect, but unbending discipline. It has more to do with accepting and understanding probability, than mastering stock selection, or research.” Great thoughts and I agree for the most part…...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=2390

rob: “Ensign improves things but I cannot stand their quirky and buggy interface.” I’ve had Ensign as a backup for a number of months now and I’d say that, though my experience working with it is limited, your assessment is right on. On the few occasions that I have observed it...

mbt3: “$I have found it absolutely imperative to have logged the result of each and every trade on each day…” Excellent advice. “$1000 is possible per week. 10 ticks a day on the mini nq on one contract even or 5 ticks per day on 2.” For new futures traders, a tick is the...

sabena: “…how much percent of your trades are from the short side?” March ES trades are currently composed of 62% shorts. Not as significant a sample as the NQ trades, which I have actually begun trading more of over the last few months.

Funster: “…I really am doubtful whether you can make a decent income in this business.” sabena: “It IS possible…” I agree with sabena although I would add that it has become increasingly difficult for me to maintain a decent profit in the ES over the last year or so...

qwiktrade: “… with all the swiftness of a snail stuck in molasses…” LOL! Isn’t that the war cry of the customer service reps at IB.

sabena: “How much points you made, if you take the number of points you made on each trade together?” I traded one contract 40 separate times for an average of 11.125 points per trade minus commissions. Luckily, I have a 99.9% win rate that grants me the ability to take money from all the...

easyrider: “I do have another account with datek where options are available. Am I right in thinking this would be a viable way to cover my a$$?” I’ve always offset positions with another futures account so I have no experience regarding the use of options. I did notice, though, that...

Hey, take a look at my account statement. Took a loss today but... nothin’ a little MS Word can’t take care of. Those spell correction markings really are a bitch. Come on Dave, you can do better than that.:)

dgzdok: “I've NEVER had a losing week, or month... I pull a 90% WIN rate...” LOL! oolarinm: “I take approximately 20pts out of the mini's daily.” Per contract? On average? In the ES? LOL, again! oneway: “4 pts a day... this is childs play. I shoot for minimum 10. Really...

LOL, LOL, LOL. That made me laugh out loud or maybe you hadn't noticed. The whole exchange was really funny, particularly dgzadok’s link. Thanks guys. I needed that. BTW, I tried that last link but the site must be down. The one before it had some pretty fascinating and detailed...

version77: “Was there any specific reason you left PMB for REFCO?” No. No reason other than REFCO buying PMB. :)

version77: “Can I ask what broker you are using now as your primary that has the J-Trader platform?” Originally PMB. Now REFCO. “I believe you are using DT Futures as your backup?” Yes, I have used them as a backup.

version77: “Other than the one bad day IB had when their system went down, has there been any other problems you had with IB?” If you are referring to the recent day in which some traders posted experiencing excessive delays and downtime with TWS, then I was no longer actively trading...

Pabst: “…does PATS like IB keep stops in it's own server and then feed them to Globex when marketable, or are stops routed into Globex the moment you transmit?” My experience leads me to suspect that your question may be at the core of my issue with IB’s poor executions. There...

sasha: “Can anybody share their experience with this firm?” I have an account with DT that I use for offsets. I’ve only had to use it a few times so I can’t comment on the long-term reliability of the software but I wasn’t overly impressed with its order entry. “How...

easyrider: “When the ask was 1542.50 I decided to enter and hit the transmit button. The order was filled at 1544.50.” While not quite as egregious, I regularly experienced similar occurrences when using stop orders, for both entry and exit, through IB. I had additional issues with limit...

Jabez: “Have you ever noticed that once you break one of your rules how easy it is to break others?” Absolutely. “Does one ever reach a point as a trader where they never break their rules? How many years does it take?” I don’t know. I’ve been trading for many years and...