Search results

I will be there, but in the past haven't spent more than a couple hours at the expo itself. More a chance to get together with some friends and just hang out. I take it ET isn't doing anything for this one? How about Don Bright? You buying any of us drinks big guy?

It's a catch 22. The really good traders have a lot of money already. You offering them 50 bucks or 1000 bucks, etc is not going to motivate them to give you anything substantial. Something substantial, like teaching a career, requires a lot of time of the mentor. If he is well off, his time...

The only deal worth pursuing imo is a profit split deal. A mentor who just wants to take cash up front probably doesn't have the confidence in his system. Something like this: New guy puts up the cash and takes all the risk. Mentor teaches him his system and gets a 50% cut until the...

I've been a user since the '90's. Great tool for writing scans and doing sector research. I never read their commentary or look at their chart squiggles though.

Odd lots aren't reported on the tape except for very high priced stocks. Do you have a screen shot of t&s?

If October 2008 was a year all by itself it would be my best ever. Almost 3x my pre-2008 annual record. Mostly mean reversion stuff for me. The swings back and forth and gap fills have been insane.

No reason you can't do both. I scalp, intra-day position trade, multi-day swing trade and even take some multi-month position trades. You just need to be organized and disciplined. Mind you I trade stocks, not a single futures contract. It might be a little tougher if you only trade one...

I'm short EWG and long a bunch of the main components besides VW.

You need control over your emotions to trade successfully, no one would dispute that. But to grow bigger and bigger, to keep scaling up as your profits grow, is the hardest thing to do and the limiting factor for most profitable traders. You always hear of guys who make money but then when...

I don't think about leverage when I trade, at least not directly. I think about how much money I'm risking as a percentage of my account. I also consider how correlated multiple positions might be. It's safe to assume that at times I'd be highly leveraged, having 100's of thousands of dollars...

I moved from one prop firm to a different one and set up my account with only $15,000. I had about a year of full time trading under my belt, and had profitable strategies. I made over $200k off that 15 grand in the first year, and sustained my family and all my living expenses as well as paid...

Firm-wide margin changes are probably unique to each outfit and how they manage things. IB recently implemented reduced margins for everyone. Others have made no changes at all. The serious $$$ risk, the big hitters with many millions in play, their risk is going to be determined on a case by...

The market IS that insanely good right now. I just hope for your sake that the flip side of a +100k week isn't a -400k one. I am still shocked by the size of your bets relative to account size, especially with 500 point ranges every day. Good luck in the last quarter.

I've really run out of superlatives to describe this market and the cash it's dropping in my lap. My best day ever is followed by my second best day ever. To put it in perspective, yesterday's total wasn't too far off my best year ever and today's total is within spitting distance of eclipsing...

BEST. MARKET. EVER. Destroyed my previous daily record and smashed through $2M on the year. If this is a dream, don't wake me.

BTW, he set a new record yesterday again. > $1M on 4-1 retail leverage, 100% fully automated with systems he designed and programmed himself.

September was my best month for openings all year. It does great in periods of high volatility, but is not for the weak stomached. You need to be able to take some heat and have some patience.

Those are all DOT routes Don, they send orders to the specialist's post on the floor.

those should all work

Well that was quite a 24 hour turnaround. Worst day ever yesterday, second best day ever today. About +650k for September on 11 million shares. Shattered every record in the book this month.