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Unfortunatly DeFazio has taken the next step in pushing his agenda. Since we are the only ones who will stand up against this bill we need to be more organized. -We need a form letter written by someone here to email all concerned parties. Anyone interested raise your hand. -We need a...

ranks up there with the most incorrect statements ever posted on ET

After all these years I'm still waiting to see some futures traders on the P&L thread with mid six fig's to match all the stock traders in that range. Futures traders must just be modest. Tax advantages are only beneficial if you can make $.

lol focus on Lescor, he blows my numbers away. imo one way you could approach finding a mentor would be something like this: Offer to pay someone the equivalent to what they make per week up to a max. Eg. if the trader says he makes $10k a week then you pay up to that amount to watch. If...

Their website shows $1k/mo +.002 per share. Not a great deal.

The only guys saying that you need to blow out your account are guys that have done that and are still struggling to turn profitable. Don't believe that crap. And don't quote Market Wizards because that's an apples-to-oranges comparison to the type of trading we do.

We actually talked some sense in to the guy.

ditto

It's just like trading...risk vs. reward. You sweep your account every 2-4 weeks and take on some risk. Your reward is full leverage, often much higher than 10:1.

Ten thousand dollars...Oh my god! I'll restate this. Anyone retail-prop equity trader who is profitable and knows what they are doing can get as much leverage as they need.

This industry provides all the leverage a trader could need...why bother with a client that you would have to split profits with?

Here's my response: http://community.nytimes.com/article/comments/2009/01/13/opinion/13herbert.html?permid=220#comment220

Not sure how what you are saying is different from what I am saying. :confused:

You are trying run before learning to walk. How are you going to find an edge if you have no experience actually trading? Backtesting does not create strategies, trading knowledge does. Take your ten months as a learning experience that hopefully you can use later, once you actually have a...

You've discovered my secret. I've been researching earthquakes for the last 11 years.

They are Dell 24's flipped vertical. I learned the hard way that if you want to flip them you have to avoid the low grade monitors because the quality degrades a lot on the cheaper monitors if the viewing angle isn't just right. Just an fyi. Also know that most stands are not made for 24's...

Run the other way.

Slow day here so here you go... 1. You are missing the purpose of the P&L thread. In the early days of ET before these threads existed it seemed like every day someone asked if it was possible to make money trading. There were large threads of skeptics against the few that were profitable...

Regarding lifestyles of those in question... -Of the guys that are married most of them have been with their wives since before they made much $. Now most of the wives don't work, or at least don't have to. This goes for my situation also. There's a big difference between living a...