Search results

  1. R

    who would hire an independent trader?

    Don't be too harsh on yourself. If your method is scalable, and you could be happy with a % of a much bigger profits, some hedgefunds or the institutional side will be more than happy to snatch you up.
  2. R

    ET Top Ten List

    The Most Popular Members Behind the Scenes: (The members who receive the highest number of private messages.) [list=1] joeyata1 sKaLpZ mschey Electric Savant steve23 mnx BrooksRimes Magna tradegen mksummy [/list=1] should be changed to ***members who send out the most private...
  3. R

    Market Potential

    WOW... FuturesTrader71, Yet Again, I don't think anyone could've said it any better. It has to depend on the personality as well as the style and risk tolerance of each trader etc. Oh well, I was just thinking of something and it felt that there is a formula for almost everything out...
  4. R

    Market Potential

    The potential of a market depends on the range it has, as well as liquidity. Is there a way to calculate this, because everywhere I hear of the range of the market in association with how tradeable that market is. For ex: ES, not much range but huge liquidity. QM, there is...
  5. R

    90% traders don't make it???

    Its OK :D Do you think if you could double up your account size to 88K, do you think you can take home double what you do now? or you just don't have the stomach for it.
  6. R

    How to maintain 4:1 leverage overnight?

    Even then 4 to 1 is only intraday.
  7. R

    How to maintain 4:1 leverage overnight?

    na... You must have an account equity > 25K to get 4 to 1 margin. Or else, you only get 2 to 1 margin.
  8. R

    90% traders don't make it???

    Oh come on!! Let the n00b have some fun with himself.
  9. R

    90% traders don't make it???

    Nobody in their right mind would do this for a living. How many people that went to college didn't have a right mind. There ya go !!!
  10. R

    90% traders don't make it???

    Maybe it was $ 500,000 starting equity? But I swear to god that it was a initial account balance of $ 50,000 to trade 1 contract. ...................... Why should it matter if 90% or 900% percentage of traders fail....Doesn't it only matter whether or not if you are going to be sucessful?
  11. R

    90% traders don't make it???

    OK big shot. We trade because most of us have never been to college. Does your MBA program take people that didn't go to college?
  12. R

    90% traders don't make it???

    No. Its a video that I already watched and it has a good disscusion about the effect starting equity has on the survival rate. I think you should watch it. :)
  13. R

    90% traders don't make it???

    The facts are facts and the man knows what he is talking about since he owns a brokerage.
  14. R

    Tips on Saving on Commission

    FuturesTrader, thanks s LOT for those tips. Definitely gives me a starting point. It makes sense. I should look for a product where one tick is much greater than the commission. Thats awesome, I never thought about that.
  15. R

    90% traders don't make it???

    I was talking about futures, or when it transferred to equities, people with a lot of buying power. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=4524024586&category=378 Wasendorf discusses the starting equity and survival chances in detail in this video.
  16. R

    90% traders don't make it???

    People who begin with $50,000 in their accounts have a survival chance of 50%. You can't get much better than those odds in this business.
  17. R

    Tips on Saving on Commission

    lol, u wanna buy it? Its a recent 4runner. I am also spending too much on gas.
  18. R

    Tips on Saving on Commission

    I was net +$ 15 for the day. But guess what my total commission was? For 44 trades with 1 contract YM each = -$ 212.08 ($4.82/RT) That comes down to -$ 197.08 for the entire day. Thus, that is it for my trading for a little while, I think. The only person benefiting from my trading is my...
  19. R

    Huge Losses

    Oh no!!! I started with 30K trading stocks, then blew it all because I didn't have an edge or what not. Then I blew couple of small accounts till I finally found what looked to be an edge. Thats when I decided to take some cash advance on my credit card. From that I was able to build up...
  20. R

    Huge Losses

    Been trading for more than 2 yrs. That would at least make me an experienced unsuccessful trader. I am also thinking about mentoring someone about what not to do when you begin your trading career. PM if interested.
Back
Top