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For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.

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Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.

 

This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

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Saturday
Dec222012

Definition Of A Professional Trader

Professional Trader Defined 

I hear the term "Professional Trader" thrown around quite a bit. Pundits seem to enjoy pointing out the foibles of the retail trader while facing Wall Street thrice daily and bowing down to the brilliance and elegance of the professional trader. 

According to the I.R.S. there is no true legal definition of a PT, so I turned to my dear friend the internet to see what the general consensus was. You might want to jot this down... (so you can burn it later)

My Google Search returned 383,000 results. In the interest of brevity I chose to share just a few...

"I'd say any institutional trader, as well as retail traders with an annual income at or exceeding U.S. $550,000 and/or net worth greater than U.S.$ 3 million."

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