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Buy a technical trading course for $5,000 , it willl make you money .no drawdowns ______________________________________________________________________ Buy this course and you will have a $5,000 draw down right out of the gate. Anyone that claims you will never have a draw down lacks ethics...

Traders, go by the rule that your worst draw down is the one that has not happened yet. Draw downs are a harsh reality of trading - even to the best traders & CTA managed funds of all times. To deny draw downs could ever happen to you puts you in the 90% + mob of misinformed traders that go...

Draw downs are inevitable. The best funds spend a large portion of time under water before rocketing to new highs. What I learned to do is to size down and use aggressive stop losses - say my pre draw down avg stop is 60 BPs (0.6% risked per trade), I cut the size down so my avg stop is 40 BPs...

Roth IRA, IRA and 401k are also useless for trading. ____________________________________________________________________________ Yes, you can trade in a Roth IRA. I trade futures and equities in mine. A Roth IRA is perfect for trading. I am not a big fan of 401Ks but I do have one. I can trade...

One way to beat the taxes is to build up a good sided Roth IRA. You pay no taxes on your gains! This is considered by many financial experts as the best thing we have going for us in the U.S. to keep our hard earned money. Younger people - the earlier you start the better off you will be when...

Is working Asian hours that bad? ____________________________________________________________________________ Not if you live on Maui

From Wiki it says re: Panic of 1907, "He noticed conditions where a lack of capital existed to buy stock." ____________________________________________________________________________ This explains it - Livermore having started out in in a bucket shop knew the game from the bottom up and was...

In the era of Jesse Livermore plenty of big time traders committed suicide after the 29 crash, some went insane and were put in asylums. So what if Livermore killed himself, it does not negate the fact he was a brilliant speculator. Did you burn all your Robin Williams DVD's when he killed...

We have been in secular bull market from 3-2009 to present. The bewildered herd shows up on the last up leg on a bull market all the way to the top. It looks like they are finally showing up now with the bond bubble popping and the election catalyst there are signs they are getting in now...

I changed my mind - I just finished a market book that is now my favorite. 'Devil Take The Hindmost'

Stuff that's working now. Not ancient stuff from market wizards which is great reading for history but pretty useless application wise. ____________________________________________________________________________ The Market Wizards is about the trading psychology - and it has not changed at all...

because the volatility is extreme whipsawing around. Sure, anyone can go casino mode. I don't know of any long term traders that made it very long going casino mode - bey hey, have fun - go for it. Anyone that thinks doubling there money in extreme volatility is a walk in a park is talking BS.

This rally of late has less to do with Trump and a lot to do with the bond bubble popping.

If a Japanese owned Telecom titan creates 50,000 jobs as a result of overriding our antitrust laws and ends up displacing 50,000 or more workers from U.S. competitors than who wins? We could use a real visionary that can work with hard facts and within the law to create home grown jobs.

IB doesn't internalize. _________________________________________________________________________ IB does some internalization via ATS dark pools (under 7% of orders - see 606 report). That is not a bad because executions are faster and they they are price improving (beating the NBBO)...

Sounds like internalization, which is filling the order in house.

That deal had existed a long time ago but did not go through due to an antitrust law blocking Sotbank from buying T-Mobile. Mr. Son (CEO Softbank) meet with Trump because he had said he is removing regulations from corps. The antitrust laws prevents monopolies. Today he is blaming the steel...

Although this may be real - anybody going public about their gains without an independent audit of the trading records it means nothing. Profitly is a joke, falsified reports can and are entered all the time. That kid is selling newsletters & training - it always amazes just how naive the...

tradestation sucks! __________________________________________________________________________ Very well thought out review. Looks like your review does not match other users experiences with it. 2016 TradeStation Receives Highest Rating 4 ½ Stars for “Best for Frequent Traders” in Barron’s...

Livermore was a speculator - not a gambler. There is a difference. Most people do not do well with being wealthy no matter how they acquired it. Many lottery winners report their life is worse after they won. Getting rich is not as hard as staying rich due to the self destructive tendencies we...