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I'm not a religous person so the concept of sin (as opposed to morals and/or ethics) is not germaine to my life. That said I don't think you can really talk about sin in terms of countries or law; it is a religous concept not a legal one. Murder is a crime in most countries but, except for...

I have the impression that the reason most prop firms exist today is that many traders have strategies that require significant six or even low seven figures of capital to execute on a reasonable scale since few trade outrights. In addition it seems many prop traders need access to cash markets...

Threats are never appreciated! :D

Knowing when to quit is an art. The last thing I want is to be kept alive with tubes as those around me pretends that is life. Be sure to give a Health Care Proxy to someone you trust to pull the damn plug when the tipping point is reached. I gave one to my wife and she said I better not...

Amen.

Doesn't the market have to be trending for it to be a with trend or counter trend trade? Good counter trend traders (and I do believe that is not an oxymoron!) are, by and large, true scalpers. They don't scalp against all trends nor do they buy or sell with every pullback eben in their...

As has already been said in the quote below, the long term changes in productivity as a result of putting computing power (hardware, software ... the whole package) on everyones desk were and are incredible. In addition, although he may not have come on until '81, Paul Volker changed an...

How can you use the term "nut" for a trade and say it compares to its use in poker? If you have the nut in poker you are a guaranteed winner ... you have an unbeatable hand. Yet you are simply presenting what you consider a good (or even very good) trade.

Let me see if I get this: 1) You don't want to put any skin in the game; 2) you want a firm/backer to put up 30K to prove your strategy; 3) and the reason you want it done this way is that risking your own money makes you too nervous. Is that a reasonable recap of the basic deal?

LOL ... enjoy your evening.

But, it was your track ... start to finish.

Do you really believe, as you apprear to have said, that you save 80 points this way? Here are your words: Closing out an ES position that you may be long much higher than current market and then opening a new one at the prevailing price, let's say as an example lower by 80 points, is not...

There is no double taxation if the entity -- the fund, etc. -- is properly set up.

I think it is safe to say no one has yet figured out what "the way you want to" actually. Are you trying to avoid a bit of slippage (which can either be positive or negative) or do you truly believe you can change the equation when the levels at which these contracts trade is significantly...

http://jdgroover.wordpress.com/2013/08/20/the-2013-darwin-awards-are-out/

Do you really believe a piece of software -- a platform -- offered by a particular brokerage is able to get you into March ES from December ES and save you x number of ticks if the two markets are x number of ticks apart?

Your initial post made it sound as if you owned the position as an "outright" trade. This last post sounds like you want to avail yourself of SPAN margin. Can you be more (as in VERY specific) about the trade?

There are traders utilizing five minute charts earning seven figures and those that break even or lose money. Some trade daily or even weekly charts to make seven figures and others use those time frames to break even or lose money. Your time frame may or may not relate to your income potential.

I have no quibble with pressing bets if that is your style/plan ... more power to you. But "the house's money'? That is a foreign concept to me. Once I am in the green it is my money if I choose to close the trade. The "house money" concept does not compute for me. Some years ago five of...

All brokers will allow you to do as you please. Are you asking if their software makes it easier or allows you to do it more precisely?