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You're telling me "knowing where to enter" isn't as important as making sure you exit a trade? The whole point of a good entry is to give a backbone to your exit in the first place. Seeing as entering a trade is the first step of any trade, if you don't find it most important to enter a trade...

Being realistic I would say that if most people aquired $650k by the time they were 18, they'de do exactly that. Most 18 year olds would blow that in a year.

Trade FX, the fx brokers don't give a shit about anything, even if you've commited genocide.

I guess that means there are none...

That is not true. Most beginners focus on exiting a trade with a profit way too much. This is because people want to take profits as soon as they see them and let losers run in hopes that they will return for a profit. Big losses with small gains will lead to nothing but failure. Finding a...

Wow, you must of been blessed to the fucking maximum to get ahold of $650,000 in realestate being 18 years old... either that or it's bullshit to some degree. Seriously though, if your actually telling the truth being 18 with $650k - $800k don't blow all of it figuring out if you can play the...

St loui, out of curiosity how much is in your trading account?

St Loius Trader you got enough money so this is what you do. Take all your money you got right now and just put it into CD accounts. It's guaranteed free money. Fuck trying to live the 100 million dollar american dream. Now after 1 year you should have more than $100,000. Take that...

For me personally it's a temporary incident of I just don't give a fuck. Which makes me wonder why I even posted this. Oh well, who gives a fuck.

I didn't know this was a grammar forum. My bad.

Exactly. Me personally, I use ACM as a broker and their demo is an identical copy of their live platform except the demo platform cuts out of connection more than the live platform (obviously a good thing). I see reviews of people saying their connection cut out and their trade is deep in the...

It sounds like your strategy is a systematic, mechanical strategy which doesn't work in any market. This would be something along the lines of "waiting until the line crosses another line" meaning the price will do something. Stop while you're ahead if this is the case. This is a good reason...

Wow, for fuck sake... $2,264,550 worth. Let me get some of that please. If I had that much in a trading account I wouldn't even trade anymore. Maybe set aside $100,000 for pocket change here and there....

I got all that cleared up now. Appreciate the help.

Ok. Damn I guess I was really messed up on that. Thanks for the help JJacksET4. I just want to clarify one more thing... the stocks price in relation to my account's capital has no effect on my ability to sell the contracts correct? As I would just be selling the contracts for the premiums...

I know what the buy/sell to close terminolgy in relation to long or short but I'm just confused as to what the process is when you do buy/sell to close. So if I bought both 20 calls and 20 puts... I'de be looking to "buy to close" once the price dropped well below the put $7.50 strike...

Ok so If I do "sell/buy to close" either of these positions I probably won't be able to do it my current amount of cash?

Say a stock is at $10. I want to buy 20 Jan 11 puts with a strike of $7.50 for $0.18 I also want to but 20 Jan 11 calls with a strike of $11.00 for $0.08 If I exercise either of the contracts ITM I should just make the profits with no issues correct? I will not be physically given the...

If you think a stock is going bullish I'de check the IV first and if it's low enough, offering you a good risk/reward ratio I'de just purchase a few calls on it. Theres a few great low IV stocks I've found where the risk is pennies on the dollar. Buy a couple puts, buy a couple calls for dirt...

Ok, I guess I meant what broker won't give me a hard time establishing a margin account? Is think or swim going to put me through a loop to establish margin? I'm not going to bother making accounts with 5 more brokers just to figure out who will cause an inconvenience and who will not. If...