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Thanks for dropping in. My guess is the little you've said may put a damper on some of it.

It seems to me there are more gracious ways out than to talk huge returns but people are strange.

I was more casual about it than many others would be willing to be. I was already a financial consultant to the corporation on non-market related issues and simply was bonused in an unspecified manner over and above my usual fee and the individual was a friend who I could rely on to compensate...

Why can't you trade someone elses account? I've had trading authorizations over individual accounts, corporate account and even one not-for-profit account. They were all equity based and quite conservatively run but I think that is irrelevant. IB ran a friends and family scheme at one time...

He did say that but he also said his entire sample has been a week -- five trading days. How can you extrapolate that he knows when his method is profitable. It's not a small sample size it is an absurd sample size. You've been around the block ... you know you can't draw any conclusions from...

I don't understand how anyone can question the value of understanding where the concept of your trade ceases to be viable and using a stop to get you out there. Should I really be so paranoid as to think every pro out there is making his living hunting for my stops?

I'm curious about what Maverick thinks of the numbers in this thread. Also curious about what Ammo and Zdreg think of the numbers tossed around both on the low and high side. I agree that anyone looking for 1% a month is viewing it all wrong and I don't care what hedge funds do. How much 9 to...

Guys ... the OP talked about trading a retail account not prop. Prop gives him more tools, access to a much wider range of techniques and access to captal beyond his 100K. How many straight retail traders can do 1% a day consistently? My guess is very few. Even after hearing your cases I...

Racetracks and casinos are the proper venues for those that think in terms of 500% per year ... not markets. I'm in favor of shooting for the moon but you can't shoot for Neptune. Trading aggressively and aiming for 8 or 10% a month (and realizing you will fall short much of the time) is not...

He is throwing off $4,000 a month from his 100K principal. He makes no mention of other income. Real traders frequently live off what they earn or did you not realize that? Their income over and above those living expenses is what adds to that principal and allows it to compound. It is...

Why in hell should she understand trading? She's not running a prop shop or, my guess is, anything related. You seek an unbelievable level of understanding for you needs and those needs include shaving the work day so you can run a side business. This nonsense is truly an illness.

The incredible lack of your freakin' ability to read is becoming tedious. I raised (which you don't include in your excerpt of my quote) the minor issues of rent and food. How freakin' far does $4,000 a month go in modern America. After he puts a roof over his head, pays for food and maybe a...

You really are America's nightmare. You really think that as an employee it is your job to try to do as little work as you can and you actually believe everyone else views life that way. That is an amazing mindset to have ... a losing hand all the way around. In addition you rat out two...

Do you really think DRYS is in danger of going under? That would surprise me in a time of rising freight rates.

I spent my entire career as a business owner and now I trade so I start with a bias. My point is that you have contracted to do a job from, lets say 9 to 5. Whether you like how they hire and fire or whether others are abusing their contracts is not relevant to yours. As long as you are...

I have no opinion as to whether you stay or leave but do have an opinion on your attitude. Good job, bad job ... with pay raises or without it seems there is an implied contract here. They give you x dollars for Y hours of work. I don't think it is outragous for them to expect your full...

No ... I'm not kidding. I didn't say he had to do better than 4%; what I said was he either needed more capital than his $100,000 or do better than the 4%. In the real world traders must pay rent and put food on the table. How far does $4,000 a month go? Assuming he lives in the US it...

He was not trying to ascertain if it was a bull market he was making sure there was a relentless buyer of a particular stock.

You clearly hold rocket science and engineers in higher regard than I do. And, if the point was thay if you pony up enough money people will change their career plans, that point was made. That said, is anyone surprised that money turned out to be a powerful incentive?

A large trader (the tipeee in your parlance) sold two lots of 10,000 shares each to see how the market absorbed both lots. Following the second sale he was convinced there was a commited buyer out there and covered the 20,000 share short and bought an additional 10,000 holding 500 shares at the...