Since the software you utilize and the b/d who facilitates your trades are 2 different things usually, I highly recommend e-signal. I know it's pricey, but they have everything you could want in the form of indicators. Even though the currency prices are not in line w/MB Trading (my broker) to...
As far as I'm concerned, MB Trading is the best in the industry. I've used FXCM, FX Solutions among others - and MB. MB has the tightest spreads with superior executions. A few comments I've heard about MB remind me of the typical conspiracy ET posters who believe that every b/d is...
Back in the day, when I was a broker, it was always an easy pitch to tell someone "It's MBIA insured, AAA, - you need a CD paying 8% to equal this tax-free bond."
MBIA, long-term, will be fine - their sub-prime exposure was pretty limited.
As soon as I saw the title, I knew the premise of your thread: I remember that day well. I was day trading with a bunch of other traders when that happened and still feeling the pain from some longer term positions that were being decimated from the mkt decline that had begun in March, 2000...
Wish I could help. Back in the old days (90's), there were prop firms all over where I live (Cent. Fl) that would let you trade w/o any capital requirement. After a few years of traders losing so much money, they either went out of business or else started requiring capital. Good luck with...
Any article by a "noted trader/investor" would be met with: "the guy's a scam artist," "he has no idea what he's talking about," fill in the blank with the typical ET poster slur. (Incidentally, the guys making the slurs spend 99% of their free time writing posts on this site and hardly any...
As of now, you can actually have another job (i.e. lawyer, doctor, etc...) and still file as a "trader." I've been filing as a trader for a while, as I stated, but there was an article in the WSJ earlier this year discussing how people from varying occupations are claiming this status. My...
The rules for "trader" status are actually pretty ambiguous the last time I looked. My tax advisor has had me filing as such the last few years. I've set up an LLC, but still file as "trader" though. Essentially, think of it like this: if you got audited, would you be able to prove that you...
To answer your question, we've had several meetings - all have been small. Hopefully we can build off it. I'd like to do the next one after New Year's.
I have a 6 monitor set-up. My PC is a Dell Dimension 8300 (purchased in '04). I have 2 Matrox Graphic cards for the monitors: 1 is a "quad" card for 4 monitors and the other accomodates the other 2 monitors. 4 of my monitors are 19" ViewSonics and 2 are 22" AOCs. Total cost: App. $1950...
gfrost, you've made some interesting observations. I would correct you on one thing though - regarding our "state" run education system. We actually do not have a state system by European standards. If you send your child to a public school, the local school board "calls the shots", so to...
I chose "gut instinct." A trader should never trade on that basis, but last year, I just knew NTRI was going to rebound from the 50s and sure enough it took off well above 70. I had some OTM calls that became well ITM and almost quadrupled my investment... in 2 months.
I wouldn't read too much into the market performance last Friday. Historically, the Friday after Thanksgiving is an up day - I called it before it happened because that's usually the case.
Anyone else who's up for it the day after Thanksgiving... Friday, Nov 23rd at Lake Mary Friday's 6:30. We'll discuss ForEx, Futures, Stocks, Options, etc... Please PM or respond in thread.