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Originally Posted by Izeickl
I think the more popular term for that is arbitrage, it can be nearly impossible for small traders in the US competeing against big firms and their computers..as soon as an oppertunity arrises triggers fire and bang it disapears quick.
Must admit id be interested in some form of consultation just to hear from someone whos worked on the floor etc, although im not a day trader 99% of the time im holding for days/couple of weeks, so not really sure i would pay enough compared to a major firm to really make formal consultation worthwhile on an individual basis. Im no W.Buffet but do well enough to live off of trading. I tend to keep my leverage from 2:1 for stocks upto 5 or 10:1 on currencies & gold depending on risk:reward and my confidencee in the trade.
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well, see thats what im kind of looking for. i would likr to have a few corparate jobs a year that will pay me alot, then have the flexibility consulting individuals, knowing that the pay will not be the same. i am not bragginbg but the job i am doing for 2 months in canada will pay for my whole year, plus a 5 star hotel and living expenses. but eventually i dont want to be tied down to a 930-4pm office. thats my ultimate goal