Search results

What are your signals based on?

"Speculators help stabilize the economy by speeding up the price discovery process. To see how a lag can destabilize a feedback processes, you can try to put a key in a keyhole wearing a blindfold, and having a friend guide you verbally. Operating an economy without speculation is like trying to...

And yet the ES can trend, just as a river can move along in a given direction even though the water is made up of millions of individual molecules.

That all sounds great, but it does not pan out in reality. Survival of the fittest is part of nature. It is what motivates people to improve and innovte. That is why capitolist societies enjoy the greatest wealth at all levels. Some rules are needed to prevent exploitation such as a minimum wage...

You can make or lose $ more quickly in futures. Much greater leverage. Many different markets. Special tax treatment.

Hey buddy, I started at 21 and I'm now 24. The begining was constant losing. I wish I had started at 17. Here is something that might help: Before your next trade, define as best you can what your edge is. Explain to us your plan and be as specific as possible. It is very easy to delude yourself...

I agree. First you need an edge. Proper money management allows you to exploit the edge without first going bankrupt. But if all you have is money management you will slowly go nowhere or slowly go bankrupt, depending on your luck.

I believe that proper TA is about the relationship between the present and the past. The chart does not extend into the future. It shows the present and the past. Just like weather you can make some limited assumtions about the future based on the present. For example, if I say that it is sunny...

Proper TA is not about predicting the future it is about understanding the current condition of the market. A trader or investor who is not interested in the current condition of the market is like a doctor who is not interested in his or her patients temperature and heart rate.

Paul Tudor Jones, Ed Seykota, Larry Hite, etc, etc. You really should read Market Wizards.

Since we know that most new trader fail, it would be interesting to develop a system that enters the exact opposite positions of a group of new losing traders. Such an experiment might make $ and answer the question.

A stock or market can be in a short term downtrend, within the context of a medium term uptrend, within the context of a long term downtrend, etc, etc. You have to decide what your objective is and find the appropriate time frame and trend filter (if you are trend following) to meet that...

Does anyone have any experiance using a trading system from Collective 2? Best market chances and mynextrade.com look good.

1) Without speculators how could you hedge? 2) What makes you think that ending speculation would result in lower prices?

:D

If you look at a daily chart of the major indicies, it looks like we are going down for now. If you don't agree from a technical perspective, tell me why.

I realized that after I posted. Thank you for being suite about it. Oh, sorry I meant to say sweet.

It has occurred to me for a while that trend followers can do well in smooth trending markets, but they will have a tough time in choppy range bound markets. Counter trend faders don't do well in smooth trending markets but can do well in choppy range bound markets. So, from a traders...

Well said. I completely agree.

"The California electricity crisis (also known as the Western Energy Crisis) of 2000 and 2001 resulted from a physcial imbalance between supply and demand arising from years of poor planning and negligence by California energy officials. Some allege the gaming of a partially deregulated...