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E-minitrader2003: I suggest you change your name to E-minitrader1998 because with those fees you are living in the past...

Well, I have not really shared any of my personal story here, but since it is so damn similar to GG's, I figure I ought to give GG some support.. When I started trading in 1997, I also had the initial surge of beginner's luck...I had the opportunity to trade some borrowed money, a significant...

This is not something new or innovative...Its just a simplistic method to recapture your cost and allow the remainder of your position to fly...In some markets its easier to recapture your cost than others...Options, imo, are the easiest to recapture your cost as the percentage move in the...

thats how Marty "Buzzy" Schwartz started out when he left the trading floor. He traded with his wife... I like the concept for short term aggressive trading because focus and concentration are a huge component of it and it is not mentioned all that often...

Not only that, but some of the wealthiest people I have known in my life are some of the biggest cheapskates one would ever care to meet...The kind of people who have eight figure net worths but struggle to even leave a 15% tip...My intuition tells me Martha probably fit into this...

I remember when he was managing money for one of the bigger fund families(Munder???) and had that bang up 1999, so he went out on his own in 2000 and was in the hole from the start...That guy must be popping Prozac all the time...I didnt see how much $$$ he has under management, but it cant be...

OR maybe it was actually a real seller, perhaps a big foreign seller who just said get me out of this for either political reasons or some other reasons, and Bear Stearns tried to disguise this massive size near the close of trading as a key punch error, rather than send a clear message to the...

Actually, I should clarify...This is not exactly how I trade the OEX the majority of the time...I use a combination of strategies...But when I feel that there are good odds that the VIX is coiling and I can scale into the OTM puts with reasonable odds of unloading them at a profit, I will use...

If you were looking for the quick pop you might try somewhere in that range or wherever the spreads are about a dime wide and you can get the quick "pop"...But your guess on the volatility loading has to be very accurate or you are going to be sitting on something worthless...BUt the few pops...

My favorite way to go long a volatility "pop" is to scalp the further OTM OEX puts. They have enormous vol skew and you can recapture your cost on the trade incredibly quickly and then just let a portion ride out at no cost...With Q Charts you can actually graph all the options...You will see...

LOL, that is well put...you can bet no one is going to come out and say a damn thing about the fact that Worldcom is causing these problems, now that they are bankrupt...It's the last thing anyone even wants to admit is wrong...

Vulture, Is this guy's initials JM by any chance? I also know of someone that fits very closely to that description... nitro ****************************** No, actually, its not that guy...THis guy has had some success raising the money and is managing low seven figures...He landed...

Perhaps you could suggest that you use the standard CTA(Commodity Trading Advisor) fees of 2%(mgmt fee) and 20%(incentive fee). ..

It's nice et al. that there are plenty of legal resources available to handle the logistics of actually filing the appropriate paperwork, but that is probably only about 10% of the solution...Maybe, more effort should be focussed on how to really START a hedge fund, ie how to find the right...

I am no expert in the field of retracement numbers either, but considering the fact that Quote.com has a template that includes .382, .50, .618, .707, .840...I would figure that these are widely accepted numbers, whether they are Gann, Fibonacci or a combination of both...

At the risk of sounding cliche, I would say that fear in trading is telling us something specifically about the strategy we are using, the market we are trading in, or the amount of leverage we are using...Also, as many people have discussed before the issue of "my" money versus trading the...

four out of the past five years(including this year) the VIX bottomed in the third week of AUgust(one week prior to Labor Day) and peaked at various times, but on two occassions, in the second week of October(typically during Oct options expiration). In 1997, VIX spiked on Oct 27-28th during...

First, like a few others here have mentioned, you have the ability to look at the financials of every FCM and IB registered with the NFA and CFTC at the CFTC web site. Second, one of the features of futures enables you to maintain a minimum amount of cash in your account while still trading...

Do you work in law enforcement?

It sounds like a cliche, but that is why having some sort of a clue what the current volatility relative to past and potentially future volatility is telling you...Obviously, using the Taleb approach and buying catastrophe puts in an extremely oversold market or one with very high levels of...