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MB Trading and Interactive Brokers have Universal Accounts that allow stocks/futures/options.

If 95% of traders fail, success can objectively be measured as NOT losing money. By doing so, you will be in the top 5% where the rest of your brethren lay on the wayside like so much refuse and debris. And the top 5% of any category can rightfully be considered a success. If you will... an...

We have met the enemy. And he is us.

95% of traders (or so they say) washout. Obviously 95% of traders could not achieve NOT losing a single point. An amazingly simple task in concept, but difficult in the extreme by practice. Like I said, if you can accomplish this one simple goal, THEN you can start setting profit objectives...

Try not to lose a net point on the first day. Then try not to lose a point net commissions in the first week. Then work your way up.

http://www.sharelynx.net/Markets/Charts/COTSPX.htm What's interesting about this COT chart is that the commercials, for the first time in three years, are taking a net long positions in the spoos. And the small traders are finally going net short. Hmmmmmmmmmmmmm... And for the e-minis...

http://www.dynamicbear.com/SPXdaily.gif (yogibear) Ante up, folks, this is the week. It did break above the trendline traced from Dec & Jan, but now we're gonna hit the 935-940 resistance. You know what they say, "Up on Monday, Down on Tuesday." P.S. One thing to keep in mind is Tuesday...

Some divergences to consider: The VIX is rising even though we are rallying. The daily ADX is about to cross to the upside above DI+, making it a rather overheated market. Also notice that DI+ is making lower highs. The weekly ADX is still sloping downward and is about to cross downward...

I like to use the RSI on other indicators as well and not just simply price action. Its serves as a great indicator when a trend is about to exhaust itself so you can fade it as well just a general strength indicator.

If you like ETFs, try the e-minis then. They track the same set of indices (SP500, Dow, Nas) and have, in my opinion, more advantages than equities.

MY, Couldn't you have covered 5 ES with 1 spoo from the pit?

VIX volatiltity has slowly been approaching 20. Complacency. Safe. BULLS TO THE SLAUGHTER. And yeah, CNBC... the ultimate contrary indicator.

A contrarian indicator, the VIX is starting to approach 20, a sure sign of bullish complacency. A short if it dips under 20 (the top), followed by a volatility increase above 20 (confirmed by another indicator of your choice).

I read in one of the trader’s magazines just recently, I forget which one, that did a study on gaps. Now, they recommended that they best time to fade the gap is at 9:36AM EST (when the majority of reversal move begins thereby giving room for it trend away from the gap and then start the snap...

I saw a book at the store, something like Candlesticks Explained, that had an appendix of various candlestick formations that they "tested" on various stocks and futures at various different daily timeframes. The table gave the percentage predictive success that each pattern had which I thought...

Part of the "secret", that RDPD is trying to convey is to set up a business SYSTEM that can operate without you, thereby generating you income while you have a bitch suck on your dick. This is one of the reasons why he's so big on real estate. Pick up income property, hire a management firm, and...

As I understand it, for a newly formed entity like an LLC, you can internally elect M2M. You don't actually have to file, right? So in this case, one would state in ones Articles that the business is making M2M accounting for stocks and cash accounting for futures?

What is the ideal tax strategy to employ for a trader in both stocks and futures? M2M accounting can be advantageous in certain situations, like a net loss in stocks to count against ordinary income, but you lose the tax advantage of futures. Also, I understand that operating the business...

It starts with an M, doesn't it? I'm still riding it, looks like its completing a 38.2% retrace.

Seems like very prompt service on the phone. Called when they were having tech difficulties, but didn't seem to be much of a hold. They also have an online chat to speak with reps if need be. Relaibility has been pretty good lately.