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I'm in same boat in fact was going to talk to a lender this week. Right now I rent , am pretty liquid and have no debt. I either want a mortgage for a house to live in for myself or be able to start getting mortgages to buy rental property and then get some "stable cashflow" that way so...

Spending thousands on an oxbridge degree and coming on Elite Trader to make up stories.... Sounds like a good trade to me! Thanks for the FREE entertainment though. Can't beat that trade. :p

FLAME em Boys!!!:cool:

My back is ok, I am conscious of posture but my right arm is all messed up from using the mouse. (forearm and nerves in the wrist and fingers) tingling /numbing. It sucks, I try all kinds of different things, rest helps it feel better but then it comes back right when I start using mouse again...

A "stop loss shock collar" should do the trick. I should go file a patent. lol :cool:

I like how regulators make an example out of Martha Stewart but Corzine runs free. Online poker, now intrade... so f*cking stupid. Meanwhile the SEC is hard at work beating off on their lunch break.

You MAY be right, and you May be wrong. I don't have infinite data "over the long haul " to prove otherwise. Another thing, way too much importance is placed on entry only. That's not what creates the so called "edge" as people like to call it. Its a combo of everything in your plan...

Intraday, overcoming costs is arguably more important than any indicator that will end up being 50% over the long haul. How about using patterns of price as an indicator and understanding when the other side is "stuck" . Even with this, you still must overcome costs.

Go to oanda Deposit 100 dollars Treat it like a million. Do longer timeframes 4hr + while you do your school and other stuff. Adopt a methodology and tie all loose ends. This is just to get your feet wet and let you learn order types, get a feel for it ect. It takes years...

12. You smoke on winning days and drink on losing days. (jk Oldtime) :)

good read. Thanks

BTW I like "500k to fund a SMALL trading account" ....ehh just 500k . Wash my feet and get me some wine you peasants. :)

aka hit the lotto or granny left a little something for him. :) Either way we welcome him with open arms :cool:

Come trade oil, make sure you bring your bonus with :) Look at the flipside, could you handle a 20% DD and be ok with that? I just hit a 17% DD last month for the year peak to trough. It can happen when going for larger returns. I'm happy if I make 20%+ in a year on total net worth. Some...

/es-/gc

with oanda you can price pretty much any currency vs gold or silver On thinkorswim platform you can price anything in gold too. Or any combo in the "symbol" put /6e-/gc Put up a chart of s$P vs gold, thats good for a laugh.

I have 3 - 23" monitors. Looking back I wish I had one big one for the middle then have the two smaller ones on the sides. Only because I like watching movies or netfilx while waiting for trades to materialize. All personal preference really though.

Sometimes I check out the biggest insider buys or sells for the week on finviz and then look at the chart. Most the time you can't really tell. Apparently Soros has been doing some work in gold related things the past week...

Neat thread :) In the 50's , what did it costs in commissions per RT in most commodity markets?

RR 1:1 - 1: infinity, win % = 37% 12,000 + hours in front of screens like a monkey :) Less is more after learning curve IMO.