Recent content by wprins

  1. W

    Sticky Introduce Yourself

    Interactive Brokers. (They're global, you'll are able to trade US, European, Asian, Australian and a bunch of other markets if you so desire. I'm a happy customer.)
  2. W

    Sticky Introduce Yourself

    No offense taken, you are welcome to your opinions and likewise no offence intended in my response. To respond to your points directly: 1) I respectfully disagree and suggest that /with suitable eduction/ (which is what I was pointing the original poster to!), options are no more dangerous...
  3. W

    Sticky Introduce Yourself

    There's lot of links on this forum. But IMHO, if you're open to options (and IMHO your should be): Go watch www.tastytrade.com (https://www.tastytrade.com/tt/shows) It's the real deal. Specifically perhaps start with one of the WDIS (Where Do I Start) series, such as the following e.g...
  4. W

    Took out a loan to transition to full-time trading. 24 years old.

    Dude for your own sake, you need to get a grip. Get some realistic expectations and get your priorities straight. Your first priority in managing your trading account should be to live to fight another day. That means you absolutely must keep your risk and losses under control. In a general...
  5. W

    omega options

    Hmmm. :thumbsdow Those 3 "options brokers" only offer "binary options", which IMHO are really an abomination. (Digression: I wish there was a robust, cheap, easily accessible, liquid proper options market available in the UK that had options on individual stocks, indexes, commodities and...
  6. W

    Best brokers for active ISA and SIPP traders

    Late comer to this thread. I'd be interested in any information in regards to this. I'm already successfully trading options via Interactive Brokers via a corporate account and would like to open a SIPP account as well. With my existing account it is a margin account so I trade what I like...
  7. W

    my journal 2

    Now, *that* is a winning attitude. :clap: There's a quote by someone to the effect that you only ever *really* fail when you quit. I think it's very true and is echoed in you comment above. Thomas Eddison also had to fail like 10,000 times to get to a lightbulb design that worked, and he...
  8. W

    my journal 2

    Nobody says there's neccesarily a downtrend starting when your equity curve breaks below the yield cuve (although there might be.) But (the point if you will, is this): if your backtests and forward tests over all available data has shown you that the equity curve should *always* stay above...
  9. W

    my journal 2

    Hello Travis, Firstly again my sympathy with the recent turn of events, although from where I'm sitting it's not entirely without positives. Secondly allow me to jump in re the "circuit breaker" idea, and simply add that if I understand the suggestion then I'd suggest that it would not fall...
  10. W

    my journal 2

    I suspect he's misspelled the acronym (which can't help... :confused:) and he actually meant SWOT, which stands for "Strengths, Weaknesses, Opportunities and Threats". See here: http://en.wikipedia.org/wiki/SWOT_analysis Then again I could be wrong. ;) Good luck getting through the...
  11. W

    my journal 2

    Yeah unfortunately someone's always your boss. If you're your own boss then your customer(s) are really your boss... :rolleyes: That presents its own set of challenges of course...
  12. W

    my journal 2

    Found this amusing given the current discussion: http://www.youtube.com/watch?v=ORS64SkQHXk&feature=related It also reminded me of another reason I originally got into trading -- "Nobody cares about my money as much as I do". Why pay a manager 1% or more p/a when they're likely going to at...
  13. W

    my journal 2

    Well to be clear, only just and only really relatively recently can I be said to be overall profitable. (Had been sitting on losses until recently, strictly speaking my FX account is still at a smallish loss, but that's compensated by another account, so you're right, overall I'm technically up...
  14. W

    my journal 2

    My sympathy -- I deal with this type of thing as well sometimes. You see a problem coming a mile away, and then you get kick-back when you try to get people to see the problem. Then if you just behave like a bood boy and keep quiet, then it's all of a sudden your fault when 3 months down the...
  15. W

    my journal 2

    Re: we do not produce anything and therefore we cannot call it a "job" It's a fact though, traders do provide liquidity and carry various risks that other parties don't want. (And they sometimes pay for that privilege as you yourself demonstrate rather well.) The other things you mention...
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