Recent content by magicz

  1. M

    discuss when adding to a losing position is proper

    when you have unlimited funds. you can never lose.
  2. M

    What is a good profit/commission+fees ratio?

    sorry for my one liner answer but I am just answering the topic question. if you have a positive ratio at the end of the day, you're doing quite well. most trader don't even get that.
  3. M

    What is a good profit/commission+fees ratio?

    you must be kidding right? anything over 0.0 is good.
  4. M

    Gotta love ZERO RISK in the SP500 = $$$

    it would be funny if this move is a big bear trap...on a percentage basis, it could be one.
  5. M

    Gotta love ZERO RISK in the SP500 = $$$

    there is no drawdown....he withdrew his own money and left the account with practical no funds. So he didnt get a 90 drawdown as your original statement implied.
  6. M

    Gotta love ZERO RISK in the SP500 = $$$

    he made a withdrawal....
  7. M

    2018 trading journal...

    bond yield increased sharply this week, add that to a weaker dollar and you see a sharp drop in bonds and a moderate slide in stocks. Although hard commodities are holding steady because dollar weakness. I am still not convince this is the start to a correction...yet. since finance stock are...
  8. M

    2018 trading journal...

    Happy Monday! so far bond yield have been climbing steadily which actually is helping the stock market to maintain its elevated level. the dollar firming a bit which mean commodity will languish. All the marcos are correlated again and I am assuming they will maintain momentum in the same...
  9. M

    2018 trading journal...

    stop out at @2861....that's what I get for fighting the trend eh?
  10. M

    2018 trading journal...

    sold 2 ES@2859 ...looking for a 33% retrace.
  11. M

    what are your professions beside being a trader?

    Got hired at thomas guide to work on their first GIS online maps but they were so far behind in technology in 1999...I couldn't take it..
  12. M

    2018 trading journal...

    hump day musing... the short bonds have been a very lucrative trade for the past several weeks...easy pattern to follow... other than that always BTFD on the ES in the past few weeks and its like free money..how long that will last? who cares right? just let the market dictate what you need to...
  13. M

    what are your professions beside being a trader?

    paperboy, mcdonald drive thru, motel 6 clerk, student cook, student janitor, demo, dry waller, production assistance, security guard, programmer intern, phone switch tech, cartographer(3 days), network admin, oracle dba, poker pro, business system analyst, poker pro, ERP admin, project manager...
  14. M

    anyone here making 7 figures a year doing this?

    I doubt anyone living in Monaco will post here....sad but true.
  15. M

    anyone here making 7 figures a year doing this?

    touche....
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