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Any one ever read any good books or literature or know where to access some about the prop industry, mostly what the qualifications are?

FOREX gives you 50:1 leverage so if you can manage your risk well enough it's do-able. There is a guy i recently had pointed out to me on a site called Aussie Stock Forums named Trembling Hand and he scalped with about 1K and ran it up to 50k in 6 or 7 weeks.

Larry Williams ran 10k up to 1 million in a year, and wrote about it in his book How I made 1 Million Dollars Last Year Trading Commodities.

Hey m22au, how is this trade coming along? Jet Fuel was just above 280 when you first posted this and is now about 325, so I would assume good if you are still holding ailines as a short trade?

Just stop consuming any form of energy and there will be no market and therefore no production for your hippy communist B.S complaints. Aren't you the guy that started that thread about taxi driving being a more lucrative and rewarding profession than trading?

It would all depend on your strategy, and your trading leverage from my view. If you use 3-1 leverage and a trend following system it makes alot more sense to scale in and allow large enough steps to cushion against any loss and still allow youself to apply that extra position size with your...

:) nice indeed!

Which countries are exempt from the pattern day trader rule using ETF's? Would anyone know if Canada was exempt? I thought the pattern day trader rule was based on accounts being above/below 25k.

Cotton was a debateable trend? Copper, silver, AAPL,SIRI.... To Michael Covel, I learned alot from your books, and trend following has proven itself day in and day out since I discovered your books a year ago. I appreciate the thread also. Trend following might not be the only way to...

Carl Weiss is the guy who designed that index and is actually here on ET using the name TapeReader. He doesn't post alot, but check out what he has posted, at least that's a start. Its all about order flow, which i am still currently trying to grasp myself, so I can't give you more than...

Hey riskaddict, can you reccomend a book that would teach a new trader how to go about trading commodites? ie; how much money you need to trade contracts and the various mechanics of the commodity market? I have been following commodities for a while now, but I haven't explored the...

:) Cool, thanks alot m22au

LCC has no fuel hedges? This sound interesting.. Do you have a link showing this? Maybe a good options put? Wall street journal just did an article about their stock doubling this year. http://online.wsj.com/article/BT-CO-20110126-707494.html#articleTabs_article

Hey TradeSparrow, you can check out stockcharts.com. They have really good stuff. I attached and example of JJG, the AIG grains etf. You can also check out a thread on EliteTrader by a guy named HolyGrail, he is an awsome P&F trader, and his thread explains all the subtle mechanics of P&F...

Larry Williams Trade stocks and commodities with the insiders:secrets of the COT report is a good one, and Jeremy du Plesssis The definitive guide to point and figure is my favorite lately. Larry Williams gives the goods on how to exploit supply and demand extremes, and shows how the COT...

Hi there dentist007, I was wondering what your leverage was considering your box size is 70 points? A 3 point reversal P&F would be 210 points, and with 100:1 leverage thats over double your positon? Would you use 20:1 leverage to trade FOREX P&F? Or is my observation wrong here? I...

The heavyweight division isnt where the best boxers are today. No one has more skill and cunning than Mayweather jr. Silva is amazing, but MMA is more of an overall type of a skill/sport, where as boxing,because of a tighter rule set (stand up only ) I would have to say the skills are narrower...

David Haye is the best of that division,maybe if Lennox Lewis came out of retirement like Vitali Klitschko desperately wants,but he,s been gone for a few years now. I also heard Tua was attempting a full comeback,but really, there is no one active thats any bigger threat than the klitschko...

:)