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The most important factor is the risk management practices of the clearing firm. The second most important factor is ratio of capital to customer assets, the higher the better.

What is silly about saying that trading high leverage contracts with only $500 is absurd? The fact is that it is absurd. Suggesting trading options on futures is even more absurd, as option traders have lower rates of success than futures traders. Futures trading is difficult enough to...

Don't forget as part of the cost that TradeStation makes you pay monthly data fees.

$500 account minimum??? There should be laws against allowing such an absurd low minimum for a futures account. You have a better chance of getting some of your money back buying $500 of lottery tickets than trading a futures account with $500. How the hell can anyone trade trade futures with...

Error Correction: That question should be "Can you process up to 100 DOM updates a SECOND?"

The Globex can execute a trade every 13.7 milliseconds (as of May 2008 see news release at http://www.reuters.com/article/pressRelease/idUS258268+13-May-2008+PRN20080513 ) and can update the DOM even faster (since no price matching logic is involved). Can you process up to 100 DOM updates a...

Good that he won. The IRS always makes tax rulings in its favor and the taxpayer has to pay with time and money to go to court to prove anything different.

Go to the CME website and read about the choices http://www.cmegroup.com/clearing/financial-and-collateral-management/collateral-types-accepted.html All the futures brokers I have dealt with would only accept cash and t-bills. Brokers always have the option to be more restrictive than the...

Trend trading strategies only work for traders that have a well defined set of rules and the discipline to rigidly follow the rules. The vast majority of traders are not disciplined enough to be trend traders. Read "The Complete Turtle Trader" by Michael W. Covel to gain an uderstanding of...

Use a bot.

It is known as a Donchian Breakout strategy and was pioneered by Richard Donchian in the 1950's. It is a trend trading strategy.

If a broker advertises a very low rate per side it is always without including the fees. CME retail fees for ES are $1.14 a side. NFA fee is $0.01 a side. For the most part best broker and cheapest broker are mutually exclusive. You have to decide what makes the best broker based on your...

Warren Buffet made the majority of his billions managing his own money. From 1969 through the end of 1998 (when General Re was acquired for stock) Buffet owned 50% of Berkshire Hathaway.

That is not a 52 point gap. A very fast move, but not a gap. I have the CME T&S for 8/17/2007. All times are Chicago CDT. At 07:15:01 ES traded 1419.25 and at 07:15:46 was the first of many trades at the high of 1471.50. In those 45 seconds ES traded almost every price between 1419.25 and...

Just wait for my 2 exciting documentaries: Trading on the Screens - the movie to be followed by Trading Bots - the movie

Start with the exchange http://www.cmegroup.com/market-data/datamine-historical-data/index.html Also wealth of info at MyPivots http://www.mypivots.com/dn/

Of course not. Where have you been hiding that you have never heard of index arbitrage? Read the information at www.indexarb.com and www.programtrading.com .

Just tell all the severely time challenged complainers to sync their computer clock with an atomic clock every day before they open TWS.

Doesn't work for me. I prefer AC/DC "Money Talks" http://video.google.com/videoplay?docid=-7287075778743914513&hl=en

Look at a 10 year chart of the SPX. Can you spot the years that naked shorting index puts would have wiped you out? Too much risk for way too little reward.