people who trade futures are extremely dumb...

[deaddog]

Quote from kxvid:

A wise futures trader is perhaps the man that closes his large account with a 70% return, buys real things with the money, and never trades again.

Years ago I read a narrative of Tony Oz’s trading. He was Day/Swing trading stocks with a $50,000 account. Each Friday he took the account back to 50K. During his write up he didn’t have a losing week so I don’t know how he would have handled that.

It’s one of the things I have incorporated into my trading. When I get 10% ahead I take that in cash. Mind you I’m not trying to grow my account just pick up some income.

 

[the1]

Master of Science in Computational Finance from IIT. Since I graduated they renamed the program to a Masters in Mathematical Finance.

http://www.iit.edu/mathematical_finance/academics/

Quote from kentraderstar:

Emg is right. the best traders do have master or doctor degrees.

Trust me, I know. Master Degree in Science Program in Computation for Design and Optimization at MIT.

 

[Marsupilami]

Quote from cooolweb:

in stocks , you can fine tune an entry into a 1:50 risk reward ratio.
Never happens in futures. I chuckle to myself when i see people fighting for a 1:3 risk reward in futures, equivalent to doing hard labor construction work for $60 a day


who wants to see a demo?

Are you talking about penny stocks ?