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A suggestion would be to find a CPA that understands futures or you may be better off doing them yourself. Just b/c the accountant has CPA after their name does not mean they are qualified to be doing an active traders taxes. Keep in mind that in the end, if there's ever a question from the IRS...

Interesting thoughts Osorico. Never though of it like that. As more 'mainstream' brokers enter the futures world, we could be in for a shake up... Maybe. :D

I just wanted to provide an update to my problem here in case this is read down the road. I looked at multiple email hosting services for businesses and ended up going with www.webmail.us I have NO affiliation with them, just a very, very satisfied customer. Prior to moving to webmail...

Cajun or others at PT - do you feel that proper backtesting was done on the MaxSpan? Here's what I have seen, but curious on your backtesting results... > Stop is 40 pts > First profit is off at 10 pts > Second target is not defined, just out there somewhere It just appears that having a...

I was simply sharing some info. There's been a number of posts of people inquiring about TT, and here's an option. There might not be a software fee per say, but it appears it may be built in. If you are looking for trading on on the top platforms, here's an option. That's it.

Any decent futures broker is going to have access to the FX instruments. I've traded the EC thru ProActive Futures and Mirus Futures with no problem.

Scaling in based purely on size can be debated all day. I doubt the ES is going to move on your 20 lot, but who knows. HOWEVER, if your trading methodoloy works better scaling in/out, that makes perfect sense. Some people like to 'test the water' before going heavy vs. going heavy all at once.

I have some IRA's at Etrade and got this in my email today...

Risking 4 points to make 2? :confused: That won't take too long before the ER2 eats away at your account. For every 1 loss, you'll need 2 wins to break-even before commissions. What happens if you lose 2, 3, or 4 trades in a row?

I believe what you are using is a SELL STOP. If so, it may be easier to put SELL STOP or BUY STOP on your postings to make it clearer. Just a suggestion.

I believe that's what we call an oxymoron. An indicator that is based on past information and not lagging.... If there is one out there, I doubt you are going to find it here. http://en.wikipedia.org/wiki/Oxymoron An oxymoron (plural oxymora or, more commonly, oxymorons) (noun) is a figure...

I think what you have learned cash is that each instrument does in fact have it's own personalities and you need to know this before trading it. Just simply saying that no plan is a plan is a terrible waste of your time. You are going to win on some of these trades, but I think you'd actually...

What kind of trading are you planning on doing? Stocks, futures, options, forex? Day Trading, Swing trading, long term?

cash - Good advice here, some constructive, some not. You are right, some traders have multiple ways to trade. Some do NOT. I liken it to either choosing to be a specialist in one or two areas or being a generalist. You can be really good at a couple things or try your had at anything. I...

I understand the comments Cash, but after many, many thousands of dollars of real-time trading myself, I finally said there's got to be an easier way than guessing when this thing is done moving. Momentum can be very, very strong in the markets, no matter how right you think you are. I would...

Any decent broker is going to offer the QM so I would shop around if you are looking for good rates. Some broker will spout off some stuff about it not being an index mini, so it's more expensive, blah blah. It is more expensive to trade there, but not that much more, so be careful and ask...

The beauty of the market cash - it is not rational and does not always make sense.

You have to try sooner or later... That being said, a lot of people WANT trading to be VERY difficult and filled with indicators, lots of charts, etc. KISS is a great principle in trading.

cash - let me start by saying that I used to think that I could stand in front of a train and win too.... What I found out was that you'll be right sometimes, but when that train hits you straight on... watch out. Point being that you found quite a few strong up-trending stocks. Yes, at some...

In my previous experience as a broker, if you want to be an order taker, then Ameritrade, ScottTrade etc are the place to be. If you actually want to advise people and develop relationships with them, you need to be at a full service firm, like Merrill. Not to mention, the pay differences...