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    What was the ***last*** thing you had to master before becoming profitable?

    I wish there was something half as effective as that slap but you are correct there isn't. We are wired to learn from the hot stove not the concept of it. Paper trading, as you say, has its place but can only take you so far. I wake with virtually my entire net worth in dollars and by 14:30...
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    What was the ***last*** thing you had to master before becoming profitable?

    Clearly, adding markets gives you more frequency and, presumably, a better bottom line. I still have the capacity to confuse the "almost" and on some days the "less than almost" great trade with real quality. Increasingly, I compare what we do with a USDA inspector making the subtle (yet very...
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    What was the ***last*** thing you had to master before becoming profitable?

    Many good and interesting thoughts expressed yet the OP (and other newer traders) should understand that it is frequently not about the last thing or anything. Some of us had to learn the same damn lessons more than once and more than twice. The earlier you can internalize what General...
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    What was the ***last*** thing you had to master before becoming profitable?

    Absoloutely. Soros may be bold as well just less public about it. Although if either one lost five billion today they would still be in great shape. Easier to be bold now compared to when they only had a few hundred million and were betting it all.
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    Velocity Futures, LLC

    Three million to open up withthem. Their rep is STELLAR!
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    What was the ***last*** thing you had to master before becoming profitable?

    How would we actually know what a guy like Soros is doing? I believe he filed a Form 4 on Hrbal Life a few weeks back.
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    Is there anything other than TA and Fundamentals?

    I've read that the average actor in America that considers themselves a professional made about $5,000 last year. At the peak of minor league baseball (1949 or thereabouts) there were thousands of professional ballplayers and most carried their own gear between stops and the living expenses...
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    If u had a great track record, what prop firm would be ur 1st choice for backing?

    You really are the best. I say "by and large" and you come back with the misquote "restricted to" every single argument you make is a straw man. I never once mention an indicator and you tell me "you don't know fuckall" about creating an indicator. Right or wrong an argument makes no sense...
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    Ninjatrader and prop firms

    Ninja has been well marketed but if they put two more beels and one more whistle on top of this bloated crap it will explode.
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    If u had a great track record, what prop firm would be ur 1st choice for backing?

    Mav, I'm not suggesting that there is a "special sauce" that will make anyone rich or that two guys working what appears to be the same way won't have radicaly diferent results but I can -- and do -- understand why some guys like to be discrete about what they do and how they do it. And this...
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    If u had a great track record, what prop firm would be ur 1st choice for backing?

    Imdustrial espionage, by and large, is meant to fugure out what your competition is working on now that will be released next year ... not to figure out what they released last year. A freakin' nine year old can figure that out! And who said we were talking about a truly original idea? It...
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    Velocity Futures, LLC

    But everyone (as in 100% of the firms) survived the flash crash and very few futures operations went down in 2008/09. Is this a standard?
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    Velocity Futures, LLC

    Why would I open an account when no one (myself certainly included) sees zero upside. This is not the first time around with these guys. They put themselves and, as is always the case, their clients in significant danger with the Citadel mess five years (or so) ago. Anyone know where the...
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    Velocity Futures, LLC

    So, where is the upside?
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    Velocity Futures, LLC

    Can someone tell me, in light of what we all know about the weakness of segregation, where the upside is in being with them?
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    Flash crash in Israel stock mkt causes 100% drop

    I don't see the name of the investment company, which was down nearly 100% of its NAV before the trades were broken, in the your post or in the article. I don't believe the article. I believe the decline happened but they would have to be insanely leveraged to lose it all on a 2.5% decline in...
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    If u had a great track record, what prop firm would be ur 1st choice for backing?

    I don't have any experience trading prop. That said I have a good deal of experience in business and a good deal of trading experience. I find your opinion odd. Assuming a trader walks in the door with a dynamite methodolgy that not only puts up big numbers on the board but fits a risk...
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    If u had a great track record, what prop firm would be ur 1st choice for backing?

    I don't have any experience trading prop. That said I have a good deal of experience in business and a good deal of trading experience. I find your opinion odd. Assuming a trader walks in the door with a dynamite methodolgy that not only puts up big numbers on the board but fits a risk...
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    When will the China bubble pop?

    We should also remember that the "right" level of corruption does grease the gears and make a society run a bit smoother. Admittedly that right level can pretty quickly expand to the wrong level.
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    When will the China bubble pop?

    It's always tempting to think "the West" (USA etc.) succeeded in an era of hard work and fair play. But even a cursory look at the facts shows a depth of political corruption that resembles a bottomless pit of slime. The robber barons that built our ralroads needed strong men not just to...
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