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  1. Golden Retriever Trading

    Licensing to trade for others?

    Depends. If it's friends/family, I don't think you need anything. They'd just have to sign off that they give you permission to execute trades. As far as professional money management, I would imagine you'd at least have to have a Series 65.
  2. Golden Retriever Trading

    Series 57 next week.

    I haven't taken the 57, but I did take the 7 and 66. I used Kaplan as my study aide, and I found that reading out of a book and memorizing everything was a waste of time. The study questions that Kaplan gave were far more useful for me. So after I passed the 7, I didn't even open the 66 textbook...
  3. Golden Retriever Trading

    Similarities Between Changing Lanes and Changing Sectors/Funds & The Rise of Active Fund Management

    Oh i wasn't talking about physical. I meant material sector stocks like XLB or the energy ETF
  4. Golden Retriever Trading

    Similarities Between Changing Lanes and Changing Sectors/Funds & The Rise of Active Fund Management

    You wouldn't have to have watched Office Space to appreciate the humor in this, but have you ever been stuck in traffic on the highway in your lane that isn't moving. The lane next to yours is moving, so you change to that lane, only to have to slam the breaks as that lane stops moving...
  5. Golden Retriever Trading

    Level 2 on Futures

    It depends. As algofy said, they tend to be a bit better when closer.. but I've seen them yank the bids out and the price falls like 30 ticks in seconds for them to only bid it back up to the same level. Also, I've noticed on the ES during off hours, the algos just keep thousands of contracts...
  6. Golden Retriever Trading

    Do narcissists make good traders?

    I'm not sure I agree. Being confident doesn't necessarily equate to being a narcissist, nor does it equate to having an ego. And I'm relatively young but from the books that I've read and the self help books I've read, they say that the good business owner will give credit to the subordinates...
  7. Golden Retriever Trading

    Japanese daytrading for foreigners

    Which broker/ platform is that? Do you live in japan?
  8. Golden Retriever Trading

    Japanese daytrading for foreigners

    I have never actively day traded Japanese stocks, but I did live there for over a decade. I would recommend you NOT to day trade Japanese stocks. I must ask, why are you interested in day trading Japanese stocks? I don't see any reason why you would want to, but I suppose if you were really...
  9. Golden Retriever Trading

    Doom or BOOM ??

    I wouldn't discount the possibility of the bull market continuing up for another few years. I don't have the charts out right in front of me, but I do believe the recession before the great depression, the lows until the 1929 highs, the stock market went up like 5.5 fold for about a decade, and...
  10. Golden Retriever Trading

    What do you do while you're waiting for a trade to materialize?

    I dunno.. something along the lines of "if the market is slow, I'll surf the internet while I keep the charts open, otherwise if it's volatile, I'll watch every tick"?
  11. Golden Retriever Trading

    What do you do while you're waiting for a trade to materialize?

    Have you tried my scatological juice mix per chance?
  12. Golden Retriever Trading

    What do you do while you're waiting for a trade to materialize?

    I am aware... I'm asking about others.
  13. Golden Retriever Trading

    What do you do while you're waiting for a trade to materialize?

    I didn't know where to ask this question so I put it here in the Psychology topic. Anyhoooo, if you're a discretionary day-trader or at least semi-discretionary, what do you do once you're in a position? Are you glued to the screen waiting for a signal to add/liquidate to your position? do you...
  14. Golden Retriever Trading

    Futures Broker & Platform Recommendation

    Who said I was trading 8 contracts? I said when I put in an order of 10 contracts (as in 1 order of 10 contracts), things get a little shaky on Transact. Will look into it. Thank you
  15. Golden Retriever Trading

    Futures Broker & Platform Recommendation

    So I'm migrating back to trading futures, and I've searched these forums, Google, and Youtube, but can't really find a comprehensive list that has pros and cons of each platform/broker. Can anyone point me in the right direction? If not, does anyone have any recommendations for brokers and...
  16. Golden Retriever Trading

    Practicing mindfulness & meditation

    I'm currently reading it. This book is where my questions stems from
  17. Golden Retriever Trading

    How long did it take for you to find/discover your trading edge?

    Hey, this is completely off topic, but just curious. How do you manage the risk of false breakouts.
  18. Golden Retriever Trading

    Practicing mindfulness & meditation

    As many successful traders may be aware, cognitive dissonance plays a role in bad trading practices. When one is taking a trade and it goes against them, some people may have the tendency to try and convince themselves to stick to their trade. If for example, they are long a market, they will...
  19. Golden Retriever Trading

    How long did it take for you to find/discover your trading edge?

    Unfortunately it isn't intraday. It is swing. A lot of the trades either get stopped out with a small loss or a small gain. A fraction of them can rides a big wave to the upside/downside.
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