Search results

  1. B

    My high school summer job: trading the NQ

    2k might be enough for 1 NQ if he was already an experienced profitable trader. It is abolutely not enough to learn on, unless he is either lucky or a genius trader or both. 6 tic stops are pretty tight, he'll need some precise entries to make that work. Having said all that, I wish him...
  2. B

    Prop Traders - Supplemental Income

    I know this wouldn't work for a lot of people but I recently moved in with my parents to take the financial pressure off while i learn to trade. It is a little humbling to move back in with my wife and kids but it was the only feasible way we could come up with for me to pursue this dream.
  3. B

    My high school summer job: trading the NQ

    well i don't want to sound like a shill but you might want to check out keystonetrading.com or a similar deal. If you have 4k you might actually be able to learn to trade, instead of blowing through your 2k in a week, which i hate to say is the most likely outcome of this. (speaking from...
  4. B

    What's Next....The US American Story

    Oh I forgot the $800 a month health insurance, because i made too much to qualify for any government help.
  5. B

    What's Next....The US American Story

    I've only made around 60k the last few years self employed, and I paid around 40%, not counting all the other taxes I pay when I spend money. To top it all off the gov passed a law crushing my industry so now I am out of work and moving my family back in with my parents so we can survive...
  6. B

    How much $$$ did you lose before you began making $$$ trading?

    $15-20k spread out over several small accounts and a few years. Only recently have things clicked and I am making very small amounts nearly every day trading 100 shares prop. It was worth it!
  7. B

    Start-up Capital - Loans, etc...

    they have all the details on the page, under trading opportunities or something like that.
  8. B

    Start-up Capital - Loans, etc...

    Yeah, that is why they charge you 4k. Sort of a pseudo deposit, which you don't get back unless you cancel right away. But most people will lose 5k+ to learn so it seems good to me. I've been doing it about 2 weeks or so (remote) and am really glad i did it.
  9. B

    Monthly Income On ES Mini Writing Options

    I don't disagree with anything you've said, as i know little about options. But if you are talking trading this for a living you have already lost over 10% of the account which is unacceptable for a pro account. I know nothing about what % this is of your total trading capital of course...
  10. B

    Start-up Capital - Loans, etc...

    if you only have 5k i recommend you check out keystone. I am with them now, you pay them 4k and they train you and let you trade their money, and they manage your risk. I'm doing that now and i wish i had just done it in the first place.
  11. B

    Any chess players here?

    I play on ICC as chessisneat. Match me at crazhouse and lose! Most chess players I have known do not have the mental tougness required to gamble for a living, and most have pretty serious ego issues as well.
  12. B

    Coiled markets

    I am currently with Austin and can vouch for the fact that he calls profitable trades in real time every day, and is an honest guy. Like others have said, his method loses in chop, and you have to know when not to trade. I personally am now trading stocks prop, and am using his method...
  13. B

    keystone trading group

    I suggest you call them if you are really interested. They answer the phone and are very helpful. Will be a quicker way to get your answers than posting here.
  14. B

    Start-up Capital - Loans, etc...

    Just so you know, even if you do end up being succesful, it is highly likely you will lose at first. Do you want that to be borrowed money? I would recommend saving up 2k and trading the NQ or something, just to get some real trading experience, and go from there.
  15. B

    Start-up Capital - Loans, etc...

    You can go prop with 5k. If you are serious about trading you should be able to save that before too long. In the meantime, if you don't already, get a real time data feed and a realistic simulator. If you can make money in real time sim trading maybe then you should think about borrowing. I...
  16. B

    Trader P/L 2008

    Got lucky today, made some trades that weren't very smart.
  17. B

    Trader P/L 2008

    Still learning. This is the best I have traded so far.
  18. B

    Anyone ever buy a REAL trading system???

    I think he was saying that he doesn't teach a mechanical system which is true. He obviously teaches a method, and no one has ever disputed that. You are really stretching here to find a reason not to like him it seems. Thats about all I have to say on this. Good luck finding an angry former...
  19. B

    Anyone ever buy a REAL trading system???

    Disapointed I had something good to say? I guess that isn't what you invited me to this thread for.
  20. B

    Anyone ever buy a REAL trading system???

    You guys are crazy I think I should just stop posting on here. I was just asking for these guys that make 5k a day for a two word description of their style, out of curiousity, no more! As far as Austin, I know he doesn't want to be promoted on here but since you brought him up with me in...
Back
Top