You know your floor brokers well, and use only those you trust. A related point is that not all floor brokers are equally skilled or have the same...
I run 4 computers through a router that the Comcast tech support guy helped me set up over the phone (although they don't officially support it),...
Asking what the the size of your stop should be without knowing how you are trading is meaningless. The right answer might be one or twenty....
When a system has several years of profitability in real time with real money, real fills and real slippage, in varied market conditions, AND has...
That would generally help with an equity option straddle, but with options on futures, it is entirely possible (and common) for the two front...
I need a fairly recent series 3 course for a clerk, preferably computer based, or at least with computer based practice tests. If anybody has one...
Sorry, should have posted this to classifieds, but for some reason I can edit but can't delete. Jessie
They periodically keep stating that they have no intention of starting to issue 30's again, and pretty much every economist periodically says they...
You should easily find a broker for 1/2 that amount. Just look at the listings at www.cbot.com or whatever the merc has that is equivalent on...
Microhedge is what most of the floor and upstairs pros that I know at the CBOT use. It's a lot more flexible and sophisticated than OptionVue, but...
You might find COT (commitments of traders) reports useful for your purpose. They will tell you who is doing what, which is a pretty good...
In the pit, the stop order is held in your broker's order deck (or handheld) with all the other orders, which are arranged by price. It isn't...
Keep in mind that in really rural Mexico, it is not all that unlikely that you will NOT be able to just call your broker in some places. At times,...
First, the sort of partnering agreements that have been mentioned here are fairly common, and a reasonable way to raise the capital needed to...
BTW, regarding an earlier post, professional traders do not pay social security on their earnings (capital gains). The exemption is stated in IRS...
Wi-Fi is nonexistant in rural Mexico, cell phone service is spotty at best and totally unavailable over most of the rural countryside, and even...
Actually, not being able to have another job is a common misconception. Having another job really isn't a problem for trader tax status, as long...
Everyone is different, and everyone has a style of trading that suits them best. I know people who make 7 figures scalping with a 30 second time...
Trader is listed as one of your occupations (it doesn't have to be the only one) on the 1040. As for whether you will qualify, you will have to be...
One thing to also keep in mind, though, is that the use of SD assumes and relies on the fact that distributions are normal, but it has been shown...
Separate names with a comma.