why pay anything?

Quote from andrasnm:

I am testing out some DT strategies (I know the sky is falling) and I have the following setup:
1) Prophet.net real time quote feed - free
2) Medved QT - free (w some ads)
3) WLD 3.0 (optional but not free) needs QT 'bridge dll' adapter

I had CCI and some other strategies from woddies CCI room as well as other DT 'systems' to check out in wealth-script.
(I do not even use WLD most of the time recently).

So my point is why pay anything (short of paying the very small fee for medved to make the thing go faster and no see the ads...)
as long as I am testing I pay squat, once maybe I trade a little for dollars, I will pay something but it will never be as much as some of you on ET.
Trading is a biz and overhead can kill any biz . no matter how good of a trader you may be.
So here is the setup for the money conscious and smart.


Dont listen to these loud mouths on this forum. If you are starting out with a small account say $20,000, then you should spend no more that $20.00 per month on trading tools, thats a little more than 1% annually of your total account equity. These dopes who trade a $20,000 trading account and spend $200.00 a month are foolish, thats over 10% annually on tools. Be conservative keep your costs low as you build account equity.
 
Quote from Rickshaw Man:

...a $20,000 trading account...

That is too small for daytrading anyway, so under those constraints pulling up Yahoo or Stockcharts.com at EOD is more than adequate. The latter, especially, is really quite good.
 
and you are - Mr. Soros in disquise, keep up with the wise cracks and insults it suits you. loser
Quote from Random.Capital:

Love the irony of someone who doesn't even know the terms of their quote service lecturing people on having "brainz" and telling them what tools are and aren't necessary.

Very amusing thread.

Please don't stop.
 
Quote from andrasnm:

and you are - Mr. Soros in disquise, keep up with the wise cracks and insults it suits you. loser

sensitive guy never win at trading. Grow thick skin little man

Mr. Zen
 
Yeah ? I wonder how "random" will be the timing when "Random" will close shop as a dime a dozen "tiny hedge fund" blow outs.
What is your website random man? How much do you manage or still looking for money? It happens like clockwork! I am counting the days....time to look for a job!

yenzen:
Did you have a down day "tiny dick" that you were compelled to chime in about sensitivity? 99-percent of this pathetic forum are loser and whiners. I try to talk some sense into some of you about this f'd up industry and I get shit thrown into my face. Thanks a lot (for nothing).
Quote from yenzen:

sensitive guy never win at trading. Grow thick skin little man

Mr. Zen
 
Quote from andrasnm:

please close this thread and close my account as well!
Thanks

Now look what you all have done. I'll miss this thread and andrasnm. Like a heart attack.:D
 
Quote from Random.Capital:

That is too small for daytrading anyway

Maybe for you, others with the $20,000 bankroll can pull $5,000-$10,000 each and every month trading eminis.
 
account, let me have the last word. I have been on this board for almost 5 years longer than most of you. My experience is very mixed. majority of the people are argumentative, egomaniacs and on average LOSERS. I have seen threads miles long and vitriol spewed over dumb shit things. So here is my take; the idiots have taken over and rule this board just like America for the time being. Those of you smarter traders, you all know who you are I bid farewell but my sanity is more important than to deal with the trash on ET.
 
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