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I recommend you search EliteTrader for posts by a guy called "40yotrader". He shared an in-depth diary of setting up his trading business (and he did consider it a business, not a hobby) that was both very informative and very interesting. But to be honest, it sounds like you need to go to...

Bear Stearns CDS spread went up, up, up this week...someone knew, or at least suspected.

He should have been euthanised years ago.

55,000 puts, no less! Probably someone in mortgages who had vested by stayed long - wrong choice. Or maybe someone speculating - they were $0.15 on Tuesday!

Dead cat bounce...

Spare a thought for the poor bastards who were paid bonuses in unvested shares and options...they earned the money, but they can't get it, can't hedge the downside and are basically phcked.

Hi cabletrader, That advice as superb, for FX markets or any other. You should laminate it and sell it on eBay. All of us should be attempting to imitate what the "professionals" do, which is to use multiple brokers, executing our strategies as anonymously as possible and giving more...