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I remember when TA was heavily promoted to the public and suddenly you had every person with an online account talking about the double top or whatever - most knew very little about how classic TA was intended to work to begin with yet were self proclaimed experts from the 15 minutes they spent...

Most people, or so-called traders, on Wall St are just over-glorified order processors. or some other dim-witted role. ____________________________________________________________________________ They usually get paid no matter what the market does since they are often trading other people's...

Thanks big time - sounds good. Sometimes in the extended hours when the futures are suddenly going ballistic but I can't find the reason until much later. Will try using Twitter for this.

Twitter? Sounds promising - I suppose than it will depend the time of day and who you are following to get breaking news faster. Any tips on whom to follow on Twitter to get the breaking news?

Plan A Its a lot easier to swing/position/trend trade while working full time - then quit once you have a large amount of money and than do wealth mgmt where you can get by making about 10% ROR - this an ideal situation for a good risk mgmt oriented trader. Plan B Most pros (CTA's) will say you...

Retail gets the news last - the big hedge funds & HFT's pay the big $ to ensure they get the news & economic reports first.

With only a thousand dollars to trade with, your chances of winning at a casino from a game like black jack are much higher since there are fewer variables. But it's you $, if it makes you happy than go for it. Maybe I am the one that should go to a casino?

Contrary to popular fantasy it really does require $ for most of us to make any significant returns. Approx 3.5% of day traders are able to make a living and of these approx 1.6% make a large income from several hundred thousand to over 7 digits. If your female day trader your odds are higher...

Here's a pit trading million $ ticks during the 87 crash - keep in mind that's in 87, which today would be close to 2.2 million per tick.

Here is a breakdown of US brokers and inactivity fee's - it may a bit out of date. http://www.brokerage-review.com/findbroker/brokers-inactivity-fees.aspx

One of the most often cited studies is one conducted by Dun & Bradstreet, where the company found that people spend 12-18% more when using credit cards instead of cash. Years ago people considered you a freak if you did not have a CC, now a days its common and that trend is growing. Many more...

Is there advance notice of margin increases? ____________________________________________________________________________ Yes - there was advanced notice with TS - I think it was 2 days before the Brexit.

The airlines I use have a miles reward card - and with the money I save not paying CC interest + service charges I have more $ to travel with.

I like cash - having a nice roll of bills in my pocket. Never had a credit card, never wanted or needed one. I buy everything with cash or use my debit card. I have been able to travel and do everything people with CCs do.

What/when are the largest historical gaps and slippage in the ES? If you follow Eric Hunsador on Twitter he has daily updates on unusual slippage in the markets micro structure and you can look up his on-line charts of historical events that caused high slippage/gaps...

Here is a good article on this subject I had bookmarked "Generally, FCM customers have wide latitude to transfer or withdraw "commodity accounts" prior to an FCM's bankruptcy." http://www.mondaq.com/unitedstates/x/152642/Commodities+Derivatives/Account+Transfer+In+The+Event+Of+An+FCM+Liquidation

I trade both the SPY & the emini ES. The cost to trade is slightly lower on the SPY (500 shares) by a few dollars when you factor in the slippage on the ES. With all the arbitraging they track close enough most of the time. In some events like tipple witching I have seen SPY track the $SPX...

Are you an occupy Wall Street guy? You use the term 1% in a negative connotation. Is it wrong to be successful? ____________________________________________________________________________ Being a billionaire is not the issue. There are plenty of self made billionaires that have made their...

Cheers - The sky is the limit. Nothing wrong with thinking big and going for it. We all have that in common.

Were cool Algofy - stepping down from this debate. Life is to long to have anything but fun on a forum we spend our precious free time on.