Recent content by hybridmachine

IB has a great site and a great daily paper. I study the Big Picture section to get a feel for the market and what it might do over the next week or so. They were talking about an oversold bottom condition a few days before the October bottom. Sadly I didn't take any positions to profit from...

Well, if you are a little guy with under 2k, you can't trade futures with IB anymore . This may be a good thing, but for those that just wanted to get their feet wet and learn about trading futures, you'll have to pony up more dough. Here is their e-mail. I'm one of those little guys that would...

interactivebrokers.com, but they only trade currency, metal, interest rate, and index futures (And the comin Single Stock Futures as well). Have a look around, see if they have what you need. They charge 2.40 a side. I've been using them for 4 months now, I like em

My point was that new traders focus almost soley on win/loss. It surely is important, and a good win loss will drive your profits. Certainly having an edge makes the difference between regular traders and the masters, but early on no trader has an edge, they are learning. That being the...

Unfortunately, I don't have any good recommendations, I just learned the hard way from personal experience. Have a look at my thread "Blown Out" in the Journal's section. You'll also read from successful traders on that thread that money management is one of the most important aspects in this...

My advice is to focus less on indicators, and focus heavily on profit/loss ratios and position sizing (If you plan to trade more than one contract at a time). You'll be good to get a better than 60/40 win/loss regardless of what indicator(s) you use. You'll make your money with solid money...

And their realtime chat customer service is good. Calling them on the phone may take a while to get through. Can't beat the prices and I really like TWS.

The e-mini's are extremely liquid, and trade wonderfully fast on their electronic decks (Globex for S&P and Nasdaq e-minis, A/C/E for the dow e-mini) Floor traded listed stocks trade slower. If you are scalping off of very short time spans, you may find the e-mini's a better vehicle for you...

May I ask, in analyzing your trades, what is your win/loss ratio, what is your profit/loss ratio, and what is your average position size (How much capital risked per trade). Trading is a numbers game, more than it is a game of skill. Your edge might get you 60/40 win to loss ratio. Where you...

From my experience, most traders fail to understand the two critical ratios. Win/Loss and Profit/Loss. Most of us focus almost all our efforts on finding the perfect indicator, the perfect setup, the perfect edge. In reality, most traders will never get past 60/40 Wins to Losses. What kills you...

I was curious if any of the traders on this board have done an analysis of their win/loss ratios, and their profit/loss ratios, and would be willing to post that information here.

I have, for your viewing pleasure/amusement, my trade log from the past 3 months. I have gone from 2000 to about $383.00. Aside from the humor/sadness aspect of this, I wanted to share this with you as a learning experience. Please note that charting is up to you. I did not save my charts, just...

I've been with IB for 4 months now, and have made 120 round trip trades with them, and I have no complaints. I've traded on the GLOBEX, A/C/E, and various ECN's (ARCA, ISLAND, etc). I've had no problems. I do see a lot of bulitens about trading problems on ARCA and GLOBEX from time to time, but...