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Now we are into sense and sensibility.....

This is laughable..... Who said to be a good trader you didnt need to become educated????? This is a total deviation from the point of the thread.... Do you need a college degree to be successful???? If you grabbed some poor uneducated trader you'll have issues but take a trader who has...

Thats YOUR overhead. LOL. Small business is the backbone of this country..... Of course I speak in Net profits, not Gross....

Don't hate... I know some Lawn Care pro's who clear 200K + a year.... Own a Car wash.. a Properly located one can easily clear 300 - 500K per year. And Bars... LOL guess you dont watch the #'s... Properly run Bars clear 15-25K per week. (after expenses) I expect them to own and run...

Oops, no degree here, but I have a family full of degrees. All of them are bored or in debt up to their eyeballs. I bucked the trend, got yelled and screamed at. Problem is I make 3 times what they make...... I see nothing wrong with getting a degree. If your course in life requires one. Not...

Keeping it all in line.. Learning to trade is, as many have said here, like getting a college degree. LOL.

Those are all nice points. Again I say it is based on the persons world view. I grew up "stable." Live fast has never been my creed, yet I have always owned and run a business (6 to be exact,) which implied a lot of risk. 3 closed as the market changed, the other 3 changed with the market...

Good one..... LOL.....

Only those who plan to fail need a FALL BACK ON degree. A determined person, educated or not, never quits. he may re-invent himself, but he never stops driving towards his FINAL destination. If you a need a degree for that, you'll be mediocre all your life anyway. Look around. Finally...

I'm working on that writing thing. LOL. I am not a writer, so read the sentence as "The storyteller embellishes to make his story more (pause for effect) interesting." I didnt say it was interesting. LOL.

Substantial returns are feasible. However, like most story tellers (true stories that is), you omit certain details to make the story more.... Interesting :) I have experienced "substantial" returns but I have experienced "substantial" losses as well. LOL. GOing up 50% in a year was great...

10 = goal in pips x = # of lots... I apologize for being as cryptic with my calcs as you were. Again, hows that GAO day job working out for yah. LOL. Just kidding with you. Just trying to help..... 10 pips a day is not hard to accomplish. But if your money management doesn't back up...

If you find what I am about to say offensive, it proves you DONT read.. I said 10x pips 10x thats 6th grade algebra (when I came up) where x = lot size.... 10x Please read... Thank you... Also, let me clarify. Thats 30x pips of drawdown.

Figured I add drawdown percentage as well. Say you go 5 days with steady 10 pip increase, then hit a 30 pip drawdown... Now you have to get 10x pips that day to break even.

Central Bank is still a pain, but they are mildly predictable... And I use mildly loosely.

Volatlity percentage (I think it is known as something else. Either way it needs to be factored into your equation.) Slippage percentage. (when your size increase so does your fill time) This is of course with market orders, but what about limit orders. They may or may not get filled at your...

Your missing some numbers. By any chance have you ever worked for the GAO. LOL.

IB is an ECN. IF you track them, you'll notice they clear through Citibank, Barclays Bank, Bank of America, HSBC, Lehmans and Royal Bank of Scotland. Depending upon currency and liquidity.

I've needed CS with IB on 2 occassions and I received a response within 12 hours each time... Nothing major going on here. Unlike a lot of whiners, they never bothered to read ALL the rules/paperwork. Doing so saves you time and mental anguish. When the rare MAJOR issue arises that has them...

For Cable Trader, I have attaced a screenshot of my settings Layout in IB. I opened my regular layout inside my simu-trading account (eliminates me having to grey out a bunch of stuff.)