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    Trading for a living - how much to start with?

    The one thing I would maybe re-think is if you should base your long-term objective on a compounding profile versus an income profile. We all start out with some figure, compounded to infinity in mind. But ceilings get hit pretty fast, so be careful there. If you don't think a measly 10...
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    Trading for a living - how much to start with?

    I'm sorry I must have missed that.
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    surfers $$ journal

    First off, I ain't knocking marketsurfer's journals nor his trading; it's his journal and he reveals what he pleases, and so far I've never known him to be egregiously inconsistent. If there's any right a good trader has, it's the right to change his mind when he thinks necessary. All I'd...
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    Trading for a living - how much to start with?

    How much each individual requires to obtain a reasonable standard of living is a completely independent and personal factor. Obviously that is part of the formula. However, we still don't know the profile of his 5% monthly return. How many trades does he average per month? Is he...
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    Trading for a living - how much to start with?

    You really have to look at the nature of your "edge" or setup and slice up how you get to that 5-10% number. To successfully earn a living on a single setup, I would imagine it would need to occur rather frequently, with each profitable trade making up a small portion of your monthly total...
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    BSOD's

    Lately I've been getting BSOD's on my 5-month old Dell XPS, usually when I leave my quotes program open all day (funny, it never crashes during market hours though). I had originally thought it was the screensaver since they only happened after I had been afk for a long period, but they don't...
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    This "edge" stuff

    An edge is exactly that, an advantage. How you employ your resources and exploit that edge is the other half of the game. Success is impossible without one or the other.
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    Tape Reading

    What's not talked about on this or the other excellent thread on tape reading is timing aka pace of price development -- one reason why I never gravitated towards tick-based charts. Pace becomes a far more critical component to tape-reading in homogenous, ecn-structured markets (electronic...
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    IB Suggestions & Improvements

    I think they addressed this in the latest update, but I haven't downloaded it yet.
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    InteractiveBrokers, Oh My!

    "pinging" ib, all the #'s I see are 10ms or under. I guess that is decent?? Or is it the last number that is important (TTL)? I'm on optimum online too. 10 hops, each 10ms or less. So thats about 100ms total?
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    Suicidal trader stories

    Scary :(
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    Buttontrader

    Nevermind the above, my mistake -- the subscription level I chose did not offer that ability. Thanks Robert for clearing that up quickly.
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    IB Suggestions & Improvements

    More functionality with new high/new lows of day -- if tws can make the last price change colors off such criteria, I'm sure it can be incorporated into alerts and conditional orders as well.
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    Buttontrader

    Has anyone experienced an inability to join strategies via drag and drop? All of a sudden it's stopped working, Robert says he's never encountered this error before. The join strategy option is checked under the system options meun. All other functions seem to be fine except this one.
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    Is my career over?

    No. It's not. [B] That is your problem. Lack of patience. If everything good needs to come to you either at your pace or not at all, it will always be the latter. You may make a few million on your way up trading the way you do, but you will certainly lose it all...
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    Money can't buy happiness

    Money just allows you to trade one set of worries for another. Think of the Maslow pyramid with an infinitely sharp peak -- however high you go, the view never changes.
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    Traders having ADD?

    This is probably a bigger source of the problem than is currently recognized. I mean, my wife and I (both raised in foreign cultures) can't believe that American parents typically let their 3-year-olds drink 64oz sodas and big gulp slushies, eat fries and potato chips daily etc.
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    NYC trading/sleeping space

    Sounds great. All I'm looking for is a wired space with room for a table and sleeper/futon. I suppose I can get all my showering done at home/gym :D
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    NYC trading/sleeping space

    Let's just say wife needs some time/space for her own work . . .
  20. I

    NYC trading/sleeping space

    Looking for empty office space/box in manhattan w/bathroom,shower that I can actually crash in a few times a week. Am driving wife nuts with the odd fx hours. :)
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