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I'm not a coder but I have heard good things about this: http://www.codecademy.com/

No, I blew it. Mental note: do not agree to watch a very active 1 year old toddler for a week while trying to trade. This story does not end well.

I think it has been. Their web site isn't entirely clear on this though. The web site doesn't say it outright, it says things like this: After you meet your Trading Combine Objective and you're drafted by the Scout Team, you will be provided with a FUNDED TRADING account. Step 3: Go Pro...

All of you are correct, I did have some decent draw downs during the combine but I never went below my starting amount. The combine has one set of rules to work with and the live trader prep has a different set that lowers the profit target but has more restrictions on drawdowns from peak, etc...

I passed! Took me 3 tries but I did it, I just got an email from them today saying they are "prepared to provide me with a funded trading account pending my performance in the Live Trader Preparation". I'm not sure what that is but my guess (based on the rest of the email) is that I will have...

You just put into much better words what I have been trying to explain to friends for some time. Thank you!

+2

I agree, I don't think the actual number of days is critical. They were looking trot trends so I you just need a tool to help which means the actual numbers aren't used, just be consistent with what you use.

I agree, ES was way to hard for me so I dumped it in the trash. CL, GC and NG treat me much better. :D

Wall Street analysts do this every single day.

If only I could find a way to short this market :D

There is a lot of truth in your post. I will teach him to trade and I will only charge him 1/2 of his account -$1 so I am giving him a better deal! :D

I agree with dom993, crude gives you lots of movement. You will quickly find out if you are right or wrong with your trade. The market is 24/7 but no need to trade all of it, just the busier times (generally US mornings). As far as taxes, talk to your accountant and ask him about the 1256 rule.

Best response of the night! :D

If you were a successful day trader would you tell everybody?

I haven't really noticed anything, it has been ringing the register like usual for me. What have you seen?

People will generally do that at first but then the desire to "tweak" it and make it better overwhelms them. They start making changes and soon their system doesn't look much like yours anymore.

Some call it inertia, some call it momentum, some call it volatility. Call it what you want but I agree, there is money to be made there. For me it is in the futures markets, just my preferred posoin. The way I look at it is, you can't predict in any way what the market is going to do but you...

I was going to say TA is making trading decisions on something other than income statements, balance sheets, PE ratios, PEG ratios, news, etc. I like your description better.

You need to be slow and steady, not swing for the fences. That is what they are trying to encourage now with the new rules. With the old rules, if you had 1 bad day you were screwed and had to take some chances to make it. Now that they have relaxed things a bit, you have some time to...