Is anyone getting rich out there?

Quote from Spydertrader:

Asking which broker with whom one could open a trading account or which platforms work the best before one has even learned how to trade parallels asking which surgical instruments work best for brain surgery before one has attended medical school. A great distance exists between having the desire to trade, and actually possessing the knowledge and skill required for a successful trading career.
- Spydertrader
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I disagree...although i understand your concerns. Wht beat around the bush and waste time with a broker or software that has no use in the end?

I say jump right in and start with the tools you will need to master and learn along the way. If done cautiously (trading with real capitol) theres no reason not to in my opinion.

That being said i think the greater concern was you might not have the skills yet to use these tools efectivelly enough in the beggining. Theres a great chance of losing money quicklly as i'm sure you understand by now.

I have not read through this entire thread yet to see if you have chosen a broker or software yet but my opinion would be eSignal as a software platform and Interactive Brokers as a broker.

eSignal has a great data feed, is a top notch product that has everything needed to trade sucessfully and is not tied to a broker that requires opening an account to use. Also has a nice papertrading feature.

Interactive Brokers is a good all around broker that offer more than enough service and has very reasonable commisions.
 
Quote from Grob109:

ftrade,

With consideration to all of your posts, you will not make it.

You have spent a lot of effort conditioning your mind to the state in which it now rsides. at this point there is irretrievable and irreversable stuff that you will never be able to fix. Too bad. You waited much too long to seek direction.

You are, at best, an example to others of what can go wrong in a person's life.
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It's never too late to change. You just have to want to.
 
Everyone is relieved that we had some decent movement today. Yesterday was tight w/o much to do except eat panty soup and drink russian vodka. I hope this quarter sizzles. For all of our sake.
 
The first thing and most important item on your "to do" list is first learn how to lose. :mad:

Then if you feel there is still a fire burning to win, you do the following: Keep losing as before but this time learn from your mistakes. :cool:

Then if the fire is still raging, do the following: keep this procedure up until you "GET IT", it will get rather simple, then and only then can you indeed make a ton of cash.:D

You will become a winner when you decide you will do what the books tell you to do. There is no holy grail, the winning combination is in print, you just need to get it imprinted into your phychie. Good Luck

caveat: trade the ES, it is modern, it is the king, it has volumn, it has action, it is sexy.:p :eek:
 
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