Recent content by fandelem

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    eurusd breakout question

    ok, can someone help me understand how this occurs? 2006.06.14 08:29:56 -> last price: 1.2572 -> last size: 2 2006.06.14 08:29:57 -> last price: 1.2549 -> last size: 1 how, on a last size of 1, does the last price move 23 pips? i can understand if i saw a last size of 100, that makes...
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    Ib: Java Api

    It generates an event. tickPrice() event, and tickSize() event (if my memory serves me correctly). To utilize this functionality, in your MAIN program, override these two methods and do some System.out.println()'s to get a feel for what comes out. To start these two events, you must call...
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    Swing Trade Play 11/11/05

    I use interactive brokers... if I have SELL SHORT 10 contracts, I am at -10 lots. Let's say the market turns 5 points against me.. to reverse "a portion" of the position, I do not know how to.. If I enter a BUY of 5 contracts, it simply takes my cumulative position to -5. I am still losing...
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    Swing Trade Play 11/11/05

    I am a novice, so please take my comment for what it's worth.. but as I read this, I can't help but think that this sounds very close to "hoping the market turns in your favor" ?? Or are you saying this "in" feeling is the advanced traders feeling out the "price action"? Elaborate...??
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    Swing Trade Play 11/11/05

    is this basically "countertrend" like that guy in the chatroom trades? or is this just "hoping on the temporary pullback"? once i define a resistance level, such as 1273, have you found that it normally goes to say 1273.75, or 1274.50, etc. and THEN pulls back to say 1272? or have you found...
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    Swing Trade Play 11/11/05

    Macro, Won't you lose a lot of money when you "reverse" your positionS that you have at every increment currently in place ? I know if you didn't reverse, you would lose more, but I would think reversing all positions on a definite loser is a big hit on the books? Do you basically "go all...
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    Swing Trade Play 11/11/05

    Do they use market orders to slice through many PIPS at a time (sell 500 MKT with bids of 40/50 down can shoot the price 7-10 pips right?)? Are there any other techniques?
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    Swing Trade Play 11/11/05

    can anyone answer this for me? :)
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    Is trading like gambling ??

    OK. I will try to find a decent copy. Don, what is your take on simply applying the strategy found here: http://www.hitorstand.net/strategy.php "strategy tables" specifically.. I know what the H (hit) means and the S (stay) means, assuming D is double-down, but i'm not sure about P.. is it...
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    Is trading like gambling ??

    i wasn't going to chime into the whole trading vrs gambling relationship but i guess i will give my .0002, i recently was taught how to play "texas hold-em" poker (last saturday actually).. and as i sat uncomfortably in my chair for three hours and watched how these veteran poker players...
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    Is trading like gambling ??

    no.. don't have to get into forex 101.. i just assumed you had some different strategy involving all leverage available or something of the sorts... sorry to bother.
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    Is trading like gambling ??

    ok.. i guess i am missing something.. "it can only go to zero" means a lot to me. if I have $5000 in an account, enter a BUY position on AUD/JPY at 87.60, once my net liquidation reaches $2000 ( for IB anyways), IB automatically liquidates (SELL ORDER) this position. I have just lost $3000...
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    Is trading like gambling ??

    I don't understand.. your dealer/marketmaker doesn't let you have a negative balance.. but is that because s/he will liquidate your assets when a net liquidation of 0 is reached? also, what kind of interest rates are we talking about.. the 4% money market type interest rates?
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    Is trading like gambling ??

    where do you live ES??? i'll buy you a beer to hear your spiel on leverage :)
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