Recent content by louistrader

Forexmospherian, Thanks for posting. I definitely get what you're saying about smaller accounts being able to generate significantly larger returns than larger accounts as it's a minus sum, liquidity-fueled game. Regarding compounding: with day trading I think it's smartest not to compound...

I found this very funny and educational.

I adjust my standard of living to my income versus net worth, but otherwise I completely agree. The point of this thread is to see if there is someone out there that went from working an "average job" to trading fulltime. My perception of this entire space is that it's a tight-lipped secret...

LongTermInvester, thank you for your feedback. For the most part I agree with everything you said. The only thing that is frustrating but hopeful is that I know there are people out there, from home, that are trading for a living where it gives them more flexibility with time and money. If no...

Is Thinkorswim's OnDemand good for getting experience in analysis and day trading from your experience? I am asking as someone who is willing to manually place the trades and analyze the markets.

Thinking of all of those shares...I would love to log into that account and look at the P/L.

CostaKapo, The main reason I, like I imagine everyone else, want to trade is for both money and lifestyle (more time freedom). At the same time, I do not want to be a trader that is just skating by (or broke!). My primary goals are: 1. For day trading: I'd like to profit $200-$400 per day. 2...

Thank you for your post, TroyT. I have the living expenses part down, but I don't have the confidence and proper game plan yet. If I were to quit my job today, I would feel like I was throwing myself to the wolves and lose it all. Your last comment is also very good; the school of hard knocks...

Thank you.

I can imagine her having beginner's luck and frustrating everyone else. And just because she is emotional in certain aspects of her life, she may not be as emotional with trading. I believe, ironically, that it's us people that care about trading that get more emotional even if we come off as...

The thing is that right above that disclosure was a link to his trading record and tax statements that brought one to a link that didn't show them. It's all very deceptive. Most don't trade and almost all never trade live. Their money comes from selling courses. What type of trading do you...

I came across this and thought of this thread. Here is part of a disclosure from an e-mailed offer I received to buy someone's system where he guarantees that he will generate $100,000 in profits or your money back. "...The trade record does not represent actual investment results. Trade...

Thinkorswim has an OnDemand feature that is free with a brokerage account.

CostaKapo, that was an excellent post. I would enjoy reading more things like this.

I would never use an all online bank as my primary checking because I do not like the idea of my only connection to my account being a call center and a Web site. I am also concerned of a banking crisis. I also looked at conspiracy theories that talked about having a cashless society. It's...