Recent content by omelette

Mr. Market knows how to make you suffer - after a pretty mediocre first half, I got a nice entry after the pullback, accidently cancelled my bracket-order when about 10 points in profit, so decided to close manually and re-enter at an even 'better price', market order ended up netting only 5...

I'm relucant to offer anyone advice, however, you do not appear to have a max daily $ dd - where you stop trading for the day. I also feel your pain regarding the 70% profitable trades but still net negative, but it implies that your system doesn't generate exit signals, only entrys. Maybe you...

I was just about to inquire about your daily average number of trades when I saw your post about commissions eating up your 120+ points profit - so I concur, you would appear to be overtrading, that, or your broker is fleecing you...

I have played with the Amibroker demo's and considered buying it at one stage. The deciding factor for me was the almost complete lack of example trading scripts that are available. I am not talking about 'profitable' strategies available-for-free, more example 'templates', code you can...

Yep, good call. I guess a lot of people take it kinda personally 'cos it's basically saying their net-worth is going to depreciate by the same amount in real terms - and yes, I have at least one leg in this boat too! Any other prediction? Personally, I cannot see a reason for the USD to...

If there was any chance of a break-up of the EU, there wouldn't be anywhere near the resolve to press ahead full-speed with further ratification. I sure sign of this intent was the exclusion of both the French and U.K. people from voting on the Lisbon treaty - they "played fair" first time...

imo, oil wouldn't be fair value at $10 a barrel, let alone where it is now if the "efficient market hypothesis" truly was in control. Take for instance the following development: http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=59402 For those too lazy to read, it's basically...

This article really surprised me, it has a sense of desperation about it. Its sole purpose would appear to be to scare traders into selling the euro - is the USD really in this much trouble that they feel the need to resort to "scare-tactics"? It's true that inflation has always been the...

The problem I see is that the Eurozone is eterally obsessed with inflation, with growth always taking a backseat - the ECB was just about to increase rates because of inflation when the fed did an abrupt about-turn. Furthermore, imo, europe is a different beast entirely to the US, with too...

Quite a few apparently, at least a TV interview of those "out-and-about" american tourists suggested this. btw, here was the Reuters story - http://www.reuters.com/article/ousiv/idUSL1758265520080317?rpc=92

I think all that is debatable is when it breaks 1.60, not if. Practically all those "in the know" suggest that 1.60-1.70 is a foregone conclusion - and rightly so imo. As long as the US continues it "policy" of just borrowing more to pay its bills, the greenback will continue to decline...

jazzsax, you have made a very good start - congrats. Just wondering if you have different MM for your bigger plays - you mention AAPL and RIMM for instance. A $200 stop wouldn't last long with these I would have thought. Also, you mention you have problems of discipline with stops - are you...

Little Lex, I will be following your thread with interest. I also trade YM almost exclusively, 1-2 contracts being all my 'comfort-zone' can handle :) I noticed you only posted the result from your 2'nd day, not the actual trade results - it would be nice if you could post the actual trade...

It's a sad endightment that the almost-toothless NFA (if their track record is any indication) even allows brokers to setup these operations in the first place! Of course, it would be naieve to assume that "fair-play" had any hand in this - the NFA tends to take action only when it needs its...