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Why do I feel like I'm listening to a child when I read your posts. I'd go through your 3000+ posting history to read about what you use but I have better things to do. Lots of bluster, no substance. I'm sure you're a real big trader "Jimmy". Have a good one.

Translation: You are being called on the carpet and you don't have an answer. Look, either you have done it (daytraded YM) or you haven't. Not a difficult question but I can understand why you don't want to answer. Hmmm, I have MB Navigator, IB TWS, eSignal and dual 90Mbps pipes to the...

LOL, so let me get this straight, as someone who disagrees with you there are only two possibilities: (1) I have never tried trading YM and therefore do not have any basis to comment on the feasibility of what's being discussed (2) I have traded YM but could not pull $60/day on a $4k...

The nature of my job allows me significant periods of time to trade the market (or do anything else I want, like read/post on ET) uninterrupted. Therefore your assumptions about me having done "JACK" are incorrect. I have daytraded the emini's and I have the MBT account statements to...

I have a day job and it isnt trading. If I could quit my job, daytrade and earn $600/day avg I would do it, even though it is less then I earn now as a 1099 contractor. I'm not interested in throwing away years of savings on a remote "possibility" so for now I'm staying put until I feel...

Excellent point OldTrader, I definitely agree with that - if they are going to implement fraud protection then it should have either a fixed deductible ($10k for instance) or an loss percentage (5%) deductible or both, e.g. you are liable for the 5% of the loss or first $10k, which ever is...

That's a great rags to riches to rags story but what does it have to do with this thread? See that's the problem with this thread, lots of generalizations and off-topic tangents that make it hard to have a serious discussion. Did anyone say this its not possible to make $60 per day with...

Well if you are going to go that route, assuming that someone on the inside of IB is going to hijack your account, then I think you are in for a world of disappointment. See even with the new hi-tech IB security device someone on the inside will still be able to place trades in your account...

Oh my mistake, you said "you guys" and there was only me the other guy talking. I guess you must have meant some other guy :confused: I still disagree about MB offering charts. QT takes advantage of MB's data feed API. MB doesn't offer charts through QT. There is a difference. I...

First of all I am not asking for blanket fraud protection - I'm glad you aren't doing the fraud protection. Why should I pay because other people can't secure their environment? But IB customer-service is no frills...don't be so defensive, no-frills isnt bad, it is what it is.

:confused: Assumptions? It is a fact that they don't offer charts. Period. I didn't pass judgement about whether charts were a good idea, just noted that they have been promising them for a long time and still havent delivered. More importantly, MB doesn't offer any historical data...

LOL, classic! IB is like the no-frills other car rental company in the Hertz commercials. You want a map with your rental car? What do we look like, Hertz? IB customers - no fraud protection for you and no soup!

I havent done any automated/API trading with IB to get real timed numbers for comparison but just based on the speed of IB's fills using TWS vs MB's fills using Navigator doing manual trading I would say no, MB is no faster then IB. I'm talking emini futures here.

Well I can, but you are welcome to throw it back in :) I'm just trying to get to the nitty gritty on why someone can't scale up, if the reason is only psychological then we can focus on that, I wanted to talk about the trading aspects of it first. Exactly. If I start with a 40k account...

No, I'm talking about doing exactly what the OP is asking, making $600/day on AVERAGE by doing the same thing that the people who say $60/day AVERAGE is easy; just scaled by ten. So far I have not heard any technical trading reasons why they are not equivalent (e.g. slippage), just...

I meant to leave psychology out of this. Also I don't think your statement is correct. $4k to one person may in fact be equal to $40k to someone else - it really depends on how much money someone has to lose. If someone starts with $4k and keeps growing their account and adding size over...

No they don't have charts - real soon now (I'll have to dig up a quote from 2005 that said as much...)

Some people in this thread have established that that is easily achievable. I'm trying to understand why someone capable of trading at that level isnt able to turn it into a large account in reasonable amt of time. I don't either - why it is so easy for people to pull $60/day on a small ($4k)...

Please explain the difference - are you saying that you would have liquidity/slippage problems trading 10 cars YM?

Is there any difference between shooting for $60/day with a $4k account and $600/day with a $40k account in YM?