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From Wikipedia: "Narcissism is a term with a wide range of meanings, depending on whether it is used to describe a central concept of psychoanalytic theory, a mental illness, a social or cultural problem, or simply a personality trait. Except in the sense of primary narcissism or healthy...

Maybe think about all of the electronic funds wiring charges you are going to incur simply because you were idiotic enough to start a futures account with $5K just for the sake of proving some non-sensical point about what exactly who can be sure - that somehow discipline ( or ? ) is gained with...

Because you have 5 union construction workers running $12M worth of very modern equipment who can replace 300 guys with pickaxes and shovels. That idiotic dolt Paul Krugman and the entire MSNBC staff just cannot absorb that factoid. That's why the original stimulus spent $287,000 for every...

Maybe Obama will stimulate Chris Matthews into another leg orgasm.

This is clearly Bush's fault. And TradingJournals is a real whacko nutjob. TJ - do you have any concept of how absolutely delusional you sound ?

Well, that's the entire premise of the thread - starting with a $5K account precludes that.

Don is too big for Oakbrook. Don is a bright lights big city broad shoulders entertainment kind of guy. Don - great sports town, great food town, great drinking town, and MidWestern gals with big mammaries. Think of all the money you could spend just on sporting box seats. Bulls...

This entire premise of high frequency manual trading, of scalping, of daytrading - the odds are just really daunting these days. Intentionally choosing to compete directly with machine-created turbulence that operates without emotion and in a rules-based realm - on a tic-by-tic basis. The...

This entire premise of high frequency manual trading, of scalping, of daytrading - the odds are just really daunting these days. Intentionally choosing to compete directly with machine-created turbulence that operates without emotion and in a rules-based realm - on a tic-by-tic basis. The...

I thought you might get a chuckle over my use of the term "souls".

Our history is completely littered with politicians and scientists pimping themselves and corrupting their data, their logic, and indeed their SOULS to enrich themselves.

Don, when Chicago builds a few casinos, maybe you can "co-locate" ? This town needs a good equity prop presence with your creds and reputation. Besides, I can see you as the quintessential Bears fan !

It is a complete waste. A meatgrinder, a virtual waste dump for broken and naive souls perpetuated by retail brokers and "training" educators and charting package providers. Look at 90 % of the forum material on ET. Every day we see a fresh thread started by some fresh faced kid wanting to...

This entire premise of high frequency manual trading, of scalping, of daytrading - the odds are just really daunting these days. Intentionally choosing to compete directly with machine-created turbulence that operates without emotion and in a rules-based realm - on a tic-by-tic basis. The...

The concept of some guy manually scalping 300 positions per day with a mouse and a keyboard as an effective strategy that endures and holds up over time is incredibly rare. Not impossible, but rare. In that respect, I am afraid that I would agree with EMG about the success rates for retail...

With respect to the futures prop firms in Chicago and London, they are certainly legitimate - ask Jump, or Infinium, or Getco, or Ronin, etc. etc. etc. The business model has changed tremendously the past five years - from arcades of manual traders all backed 100 % by the firms capital, to...

Maverick and myself are referring to futures prop firms - the prototypical Chicago or London kind of futures prop business model. Do you believe this guy has a shot at any of them given his current body of work ?

They could flipping care less about Sharpe Ratios. Half of the principals at those firms couldn't tell you what a Sharpe Ratio was. All they care about is: 1. consistent profits with modest drawdowns, 2. How much capital does the strategy require, and 3. how scaleable is the strategy...

Well, the other thing is that no prop firm is going to let you tie up that much capital in the form of performance bond margin just to eak out those kinds of returns - they would much rather allocate that capital to HF strategies where they can spread it out amongst several traders and lever the...

Guys, you are going to have to contact them directly and they will quote you based upon your monthly volume - there is a schedule they follow.