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Dude, you are going to blow the fuck up. I've done what you're doing and I can tell you from experience you're goose is gonna get cooked!

This actually puts you well ahead of the curve although 95% of ET will argue with you. There are much better ways of managing risk than using stops. Stops are for those who don't understand or are too lazy to use basic math.

Correct me if I'm wrong....you recently opened an account and you're very new to trading and did 70% in 3 months, correct? When I started trading I did 100% for 3 consecutive months and then nearly blew up. Market conditions changed and I almost washed out but that's when I really learned how...

Infinity and Global futures are two others worth looking at. Global seems to be the most competitive with commissions. Pin them against each other and see who offers the best rates. They all tend to clear through the same firms. RCG and RJO are popular ones.

Amen RN! I learned this the hard way. I followed a few "gurus" who seemed to be in the "know." I quickly learned the only way to succeed in trading is absolute independence.

That's basically it. The Fed gives money to the US Government through the issuance and sale of bonds. If demand is too soft then the Fed buys the bonds. The Fed goes to their keyboard and types in the amount of the bond issue and credits it to the Government account and then do the same to...

And then go buy something damn it :D I love messing with BLSH but truth be told, he is going to have his day when he can say, "I told you so." When the Federal Reserve has to resort to buying the bonds it is issuing because no one else will there will be a day of reckoning. You can't fix a...

The conclusion is this....you can't develop an edge that is purely mathematical unless you are Goldman and you have access to data that you and I don't. A mathematical model can be used as an assistant but not a pure system. It takes one outlier event to destroy all the progress. The only way...

Translation: Massive Risk, Tiny Profit. Financial Ruin. The -10, -20, -30, etc....are guaranteed. The +360 is not. When you finally do catch the move there is no guarantee it will move far enough to wipe out the earlier losses.

I would most certainly agree with you that a person cannot predict or time the market and that taking nibbles in key areas is a good way to trade but any strategy that increases sizes exponentially will always suffer a huge loss that will wipe out all the earlier small gains. I tried a system...

Trading like this means you accept the fact that you don't have a clue. This is not trading, it's gambling and will lead to financial ruin. Edit: There is nothing wrong with using Position Sizing, or Money Management but it has to be based on some sort of edge that goes a bit farther than...

$15 over draft fee -- that's funny. Boy, what a great way to pay down the national debt -- tax the hell out of booze and smokes. I hear people complain and complain about cigarettes going up to $7.50 per pack but they don't smoke any less. Throw another 3 bucks per pack on there and charge...

Hilarious AC!

If you don't need marketing help then go with the cheapest IB/FCM. There are other ways of marketing your venture that goes beyond your broker. You should talk to your broker before you open an account and see if they offer these kinds of services before you begin trading with them because...

The basic premise of this article is correct -- you can't fix a debt bubble with more debt. All that does in inflate the baloon further. The market will crash again but it could be years before that happens. If inflation kicks in all will be well. If it doesn't look out. If you're wondering...

C'mon Mercor, you gotta ask a question you don't already know the answer to :D

Do you want some of my Vicotin to ease your carpal tunnel after answering all these questions?

Stop feeding this guy BS. If he didn't file form 940 he will NOT be able to collect unemployment. If he traded through an LLC or Inc. and paid withholding tax and all those other wonderful taxes that go along with it, then he can collect unemployment. It's a super, super easy answer. Did you...

The answer is pretty easy. Did you file form 940 with the IRS and with your state and pay unemployment tax? If not, then you can't file for unemployment.

Ummm....it has. The market goes up every freaking day!