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Failing to understand all the risk parameters of a position is, IMO, the leading cause of complete meltdowns by many new traders. That's a lesson I learned the hard way many years ago. A trader should never, ever, open a position until completely clear on all the risks through a full range of...

I stand by my advice. A higher ACTUAL ANNUAL return justifies a higher level of investment. Lacking any other evidence, it would indicate that the trader has a higher level of competence and confidence in his or her abilities. Conversely, a much lower return from active trading does not...

Your (actual, not projected) annual return from trading is a good place to start. 10% return, 10% net worth. 50% return, 50% net worth. 0% return, 0% of your net worth.

Me thinks it was a very fat finger.

I don't know what field you're studying for your master's, but you might want to check with your adviser to see if there is value in putting a lot of work into this. Because studies of "buy and hold" versus market timing, indicators, technical analysis, etc., etc. have been published many times.

Then describe your experience when moving from demo to live.

Yes, but tricky when traveling internationally. And I'm not a big fan of IB on Android. So easy to foul up an order.

I regularly enter an order on TWS to buy/short at the market open, and attach a stop price. No problem when I am on the platform during, or just before the open. The challenge is when traveling, how to set this up pre-market, or even the evening before, such that a stop order a certain...

If you are familiar with TWS, then I would stick with IB. TWS is a far superior product to any E-Trade platforms. The only 'possible' advantage of E-Trade over IB is that their rate structure for equities can be better IF you are trading large size. Their commissions are per-trade, versus...

I've had an account for years on E-Trade, because they purchased my previous broker years ago and retained my great rates that I had with them. But I haven't tried trading with E-Trade until recently, on their "Pro" platform. I've found it to be a very frustrating, maddening experience...

It is no wonder, given the often horrible experience of actually dining IN a restaurant these days. At least bringing it home, the chances are that your plates are fairly clean, your table isn't sticky with accumulated goo, and you don't need to patronize a tat-filled pimply faced teenager...

Maybe 2% a week after 5 years if you are exceptional, and the top 1% of the 1%.

Yes, been there and done that!

Yes, you can. Set your entry with your bracket order as usual. Then create a MARKET order to close the position. Right click on MKT (order type) and select MODIFY>CONDITION. A menu will appear. Click ADD, then select TIME>NEXT. You will then have an opportunity to select a time to trigger...

Facebook has 2.2 BILLION users, and still growing in many markets. A couple million kids moving to Instagram, which they also own, isn't going to put a dent in their business model.

If he is logging closing prices for his strategy, options would not be a good choice.

Volatility can be extreme overnight, and the VIX derivative ETFs and ETNs can make massive moves. If you are not hedged, it is a dangerous game not worth playing.

SVXY was, but no longer is, comparable to XIV. It will give you roughly half the performance. Also, because of the failure of XIV, SVXY is restricted by many brokers in retirement accounts, and not available at all at some brokers. If you do trade it, I would advise you to never to hold it...

ET for years had reviews of books, software, vendors. But they were deleted, which is a shame, as it was the most valuable area of the site. At the time, when I and others complained, Baron explained that he was tired of dealing with the responses from vendors to negative reviews. (My...

You gain expertise in trading by making errors, and learning from them. So you figure on average one mistake per hour, for a total of 10,000 mistakes. Pretty much matches my experience. Yikes!