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Thanks for all the replies here. Insightful. I think it's a combination of bad luck (bad weather and strong enemy), the usual large leverage, large position, hubris that led to the blow-up.

Amaranth was the biggest hedge fund blow up in history. Strangely, it did not seem to cause much of a panic compared to LTCM. Anyway, being the biggest, what lessons do elitetraders here learn from their blow-up experience? Is it the usual over-leverage, over-large position size stuff? Did I...

Thanks for the replies. I will keep a lookout for the important fields.

I took on margin loan as an Interactive Brokes client. If "Current available funds" is zero but there are ample cushion on "current excess liquidity", will I get margin liquidation? Is "current excess liquidity" the only field I need to watch to check the risk of margin liquidation? Are there...

According to this study, in summary, momentum investing works on paper but does not work in practice. https://www.bloomberg.com/news/videos/2017-10-20/what-research-says-about-momentum-investing-returns-video

Thank you for all the replies. Based on them, I reached the conclusion that the price feedback goes in both directions due to arbitrage mechanism. A more interesting and more difficult question now would be ... who has the greater influence? Does futures have greater price influence over...

Someone told me that index futures can drive and lead the price movement of the underlying stock indices. Given my limited experience with futures, I am puzzled. My textbook knowledge tells me that index futures are derivatives of stock indices. Therefore, futures prices are derived from stock...

Thanks for your reply. For a small trader like me, even the E-mini contracts are too big for me. The European minis are more acceptable. Futures are regulated. CFDs are not. Given a choice, I will choose a regulated platform anytime over an unregulated one. Unfortunately, I may have to resort...

I am a small-time player. Initially, I was thinking of trying out futures to trade indices. Unfortunately, the contract size is too huge for a small player like me. I stumbled upon CFDs which offer smaller contract size. Looks good initially until I discovered the interest charges. When trading...

I trade stocks and futures (mainly stock indices). I am a discretionary trader so far. Which thread made a strong impact on your trading performance?

There are many good threads in the hall of fame. It is too time-consuming to read all of them. Can the experienced elitetraders here recommend the thread which made the most positive influence to their trading prowess? Thank you very much. https://www.elitetrader.com/et/pages/hall-of-fame/

I have no past experience to relate to when it comes to trading stock index futures. I am sure there are many here with >5 years of experience trading index futures. Looking back at your past records, do you mind sharing if you made more money in short or long positions trading stock index...

Thanks for all the replies. I did some study. I think it is safer for someone fresh to futures to stick to trading within stock market hours. I remember clearly on the day when President Trump got elected. If one had traded outside U.S stock market hours, he would have been severely hurt when...

Based on the replies, it seems there's no hard-and-fast rule that trading index futures outside stock market hours is a bad idea.

Thanks for all the replies. I did not expect to start a debate on whether Al Brooks is genuine or not. I think I will read his book after I have read easier books. I doubt I can understand his books at this stage.

Is it generally a bad idea to do trades in stock index futures when the stock market is closed? When stock market is closed, there is no reference point for the stock index futures. So, is it best practice to avoid trading stock index futures when stock market is closed?

Movies and TV series are an entertaining way to learn things. What are some movies/TV series that teach you trading/investing? The most relevant movie I can think of is "trading places".

This is my first post here. I am keen to supplement my income with trading and am prepared to lose in the initial years. I saw some posts that Al Brooks' books are good for learning market price-action. Well, I tried to read them and find I am too "stupid" to understand the books. Not giving...