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If you have a real-time, audited, profitable multi-year track record, why sell the system, why not trade it, maybe with other people's money as well? If your record is good, long term, and documentable, it's not hard to get the $$. Jessie

If you want to trade short and leveraged, you can trade futures and options on futures in your IRA without restriction. Futures margins are not considered "loaned" money, they are a performance bond, so they are exempt from the no-margin rules in an IRA. There are lots of trust companies that...

If you make very little for the first part of the year, then a bunch in the 4th quarter, you can also avoid the penalty for underpayment by simply writing a letter of explanation to that effect. They can ask for documentation that it really occured that way, but you aren't liable for guessing in...

At 60 R/T month, you aren't going to be able to negotiate much, that is considered a pretty small account by most firms, especially if you were thinking abour dealing directly with a clearing firm. Some smaller IB's might cut a dollar or two to get your account (especially if it's large), and...

200 million would not be a really big institutional acount, and you could trade lots of markets without shoving them around with that amount, but if you are talking really huge size, you have to distinguish between listed futures and the OTC markets, which in most cases are much larger. The...

You don't have to have a sponsor for the series 3 whether you want to be a CTA or AP or anything else. You can self-sponsor and take the exam, then decide what you want to do with it. Jessie

As an exchange member and professional option trader, I can tell you that there is no "cookie cutter" system that anyone can teach you in a seminar that will make you rich. There is nothing that you can learn in a two day seminar that is not in the basic texts that have been mentioned here like...

One major reason that pit traded options are much more commonly traded than their e-cousins in lots of underlying futures contracts has to do with the much more complex strategies in options. I am an option member of the CBOT, and in the pits, it is not uncommon to be asked for a bid or offer on...

One major reason that pit traded options are much more commonly traded than their e-cousins in lots of underlying futures contracts has to do with the much more complex strategies in options. I am an option member of the CBOT, and in the pits, it is not uncommon to be asked for a bid or offer on...

I am an exchange member, (CBOT) and I know lots of folks whose began hanging out on the floor as little kids, began clerking as soon as legal, and are now successful traders. (The new CBOT president is a third generation trader) I think that the psychological aspects of losing (and winning) will...

Maybe a question to consider is why you would expect to be making money trading in the first months. Trading is no different than any other profession, the learning curve of most professional traders is measured in years, not months. Most I know, whether on floor or off, worked a second (and...

If you are an active trader, comissions of $5/RT are pretty easily negotiated with most clearing FCM's. It's still higher than equities, but 1/3 what you are quoting. Jessie

I agree. I am an exchange member and professional trader, with a good trader's accountant. I know more than a few people who didn't pay social security on their trading earnings, and then got slammed a few years down the road big time. If you are a part-timer with other income, then I don't know...

You do have to pay self employment tax, both your own portion as well as what would be your employers portion, a total of 15%. Jessie

In windows, go to Start> Programs> Accessories> System Tools> Resource Meter A small bar chart icon will open on your toolbar (exactly what you see will depend on your present settings). Right click it, then click "details" Each time you start a program or open a window, it will...