If Jesse Livermore made it in the bucket shops, why cant you make it at Swift Trade?

[Port1385]

Seriously. Success starts at the rock bottom. It starts with living out of your car at the Swift Trade parking lot.

Why cant you do it at a bucket shop? Thats where Jesse started?

 

[TraderJoe08]

I'd have to assume that the markets are a bit choppier these days. I'd love to see how he'd do at the retail forex bucket shops.

 

[TraderJoe08]

Quote from Jasonn:

in a bucketshop

as long as you don't use stop but market orders you are fine, since they hunt stops and manipulate data

however as soon as they see you are making money

they will start requoting you and slipping you

you CAN make money with bucket shop but not for very long

pure and simple

I'd have to agree with this.

Interesting topic though to see how Livermore would do trying to "plunge" as he did in today's futures markets. I'd like to believe he'd do very well since i love his books but the intraday markets are so much more violent these days.

 

[Port1385]

He would have to adapt to a new trading strategy.

Quote from TraderJoe08:

I'd have to agree with this.

Interesting topic though to see how Livermore would do trying to "plunge" as he did in today's futures markets. I'd like to believe he'd do very well since i love his books but the intraday markets are so much more violent these days.