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I agree, Trade the News and services like it are more distracting than anything. At least for me it was. Nothing like listening to the electronic ES pit ... even bid, even bid, even bid... :p

gnome - I agree with you, but here is how it works from the firm's point of view... most people are not just going to walk into your office with a ton of money to invest. To grow your book, you must contact people and offer them something, even if you really don't plan to sell that in the end...

I understand that some guys have 'it'; however your posts continue to say that to make it that you must have 'it'. That 'it' cannot be taught and I disagree with that. In terms of being a good broker, that can be taught and if you are willing to work hard, then you can be a successful broker...

Did we need the exact same thing posted twice? :confused: Point taken.

Like Tums said, some spend time at www.cme.com and www.cbot.com Both sites will answer most questions about the structure of their products.

Jake - take that grand you have and if you are serious about wanting to trade eventually, get some education materials - books, videos, etc. The market will take that $1000 before you can blink and it's simply not enough to really trade and learn something. All you willl learn is 'ouch, that...

OPM - ain't that the truth. Everything is relative... including what you consider to be a good income. :D

And if you earn that 5% tax free, even better! Muni bonds could work nicely here if you want to generate an income.

I disagree, the amount of skill required to be a broker is very little, if any. Take a ton of hard work and decent sales training and you can make it as a broker. I saw it all the time when I was a broker, so this statement is based on actual real life experience not an opinion.

While the DNC was a hurdle the brokerage business did not like, there are plenty of cold calling opportunities out there. As for what 'moron' pays these commissions, MANY MANY people pay the commissions. See, you have to understand what 'morons' are visiting firms - these are people that...

Thanks Apex!!

jon - I think you may be in the minority with the amount of research, time and money you have in your bot. That's purely a guess, but I would imagine most people do not have the dedication that you did. If you can get to the point where you turn the bot on and walk away and are confident in...

Thank you, I appreciate that.

If you can perfect it, then YES it is worthwhile. My point was that very few have the time, money, skills, patience, etc. to actually let a computer program do what you want it to do. (note - see this thread - Bot is turned off, changed, etc. fairly quickly). And the reason is that in the...

It has NOTHING to do with Technophobia. I am running my trading platform on a 6 monitor setup on a dedicated computer, a separate laptop with additional monitor for order entry all over a secured wireless network. There's more to it, which is why I pay people to do this stuff, but my post has...

OR if you are hard worker. I was a broker for 4.5 years and can vouch that you do not need all these high net worth connections. Don't get me wrong, it helps; but is not a necessity.

Can anyone recommend good photo sharing websites? I need to upload some Xmas pics and emailing them is not going to work. Looking for a site that allows you to password protect the photos as well. Thanks!

I suppose you could spend countless hours and money testing computer programs out, or you can learn to trade and just do it yourself. I personally like to make money now, not months or years down the road when a computer program can finally do what I can do easily. I am sure the time will...

Ain't that the truth. Treat trading like a business and paying CPA fees is simply the cost of doing business. Treat it like a hobby and get paid like a hobby.

To just say NEVER napping is a blanket statement. The real concern with naps is how long you take the nap for. Here's one article I found from google - http://www.newsobserver.com/102/story/496640.html