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    Hi, explain to me how adding to a WINNING position is profitable?

    I remember Acrary showing us a simulation showing that profit factor increases when averaging up, and decreases when averaging down. Don't remember where that post is though.
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    TRADE ALERT - Buy RIMM Oct 2008 105.00 calls

    another amazing ET call.....
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    What brought you to trading

    Well, In 1981 in San Francisco, I was a smart salesman and family man but had invested the family savings in Ostelo National bone-density scanners (an apparatus twice more expensive than x-ray with practically the same resolution). The white elephant financially broke my family, bringing...
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    Short selling financials banned- SO WHY AREN'T WE ALL MILLIONAIRES???!!!

    because now is the perfect time to unload all your longs into people who think like you
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    PA - To Those in the Know

    saying 'no homo' doesn't work here bro <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/RUCbPvP5H9k&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><embed src="http://www.youtube.com/v/RUCbPvP5H9k&hl=en&fs=1"...
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    Next Toronto Hook up Sept 25

    Are ALL traders welcome? http://www.elitetrader.com/vb/showthread.php?s=&threadid=137517 :D Too bad it wasn't Friday. I live out of town so it's not convenient during the week. I'll be moving to TO next month so hopefully I can attend the next one. Cheers
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    Cray@home

    you and me both brotha
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    MS getting smashed DOWN 7$

    thankfully i wussed out and exited at 24.95. it's getting hammered
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    MS getting smashed DOWN 7$

    i'm in too. will hold til 9:30
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    how would one even begin to start a prop firm

    umm... don't forget that if you open a swift or title it's not a 50/50 split between you and trader. head office will take a nice chunk so it's more like 50/25/25 as far as I know and you'll be lucky to have traders making 2-3K after a few months... or even years. a number of traders been...
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    I need a Successfull Seasoned Trading Mentor and will work for free to learn

    you get everything out of it, and they get nothing. wow, sign me up
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    Looking for a little advice

    go for it. you're still young. you can always return to your original career later if things don't work out.
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    DAYTRADERS: % of daily profit you are willing to give back?

    trade your strategy until there are no more signals. trading any other way is weak IMO
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    do your sheets look wrong

    my sheets look very wrong. especially after i sit on them naked.
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    ECN Rebates from Home Trading

    I contacted Lion Pride a while ago and they offered a start of 70% at .0002 and it's remote, min 2K deposit with daily max stops at 25% of deposit. I know someone at Golden who gets 75% at .0002 and remote. Don't know about deposits but the website says you need to have experience or be...
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    ECN Rebates from Home Trading

    difference is that you have to typically give up 25-50% of your profits to those firms above. commissions usually at .0002 per share. trade firms capital, usually with small deposit like 2K+. you can work out better deals based on your performance giving up 25% of profits with .0002...
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    Can you manipulate the stock market?

    yes, i do it everyday as many times as i can. the trick is to find those points where you can create slippage and panic for others and that requires ass loads of screen time. you really must know what's happening in that stock. obviously how to do this is a trade secret. doesn't work every time...
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    Where do I start?

    Well then, automate what you do now. or... You can spend a few months testing out every combination of indicators only to later find out you wasted a few months testing every combination of indicators.
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