Search results

I would have to disagree with that. IF a trader has the right person teaching him and the willingness to learn then there is no reason one cannot learn to be profitable in a short period of time. For instance, Richard Dennis grew traders like they grew turtles in Singapore. The training was 2...

You have to give the man credit. He followed his PLAN! That is more than what 90% of trader's do! Maybe you can give us all a lesson on trading, or better yet, why don't you show us your account statements if you are such an expert. I give anyone credit who can successfully stick to...

If you have noticed, the price of oil has gone up immensely, the US dollar is weakening thus CAD goes up. USD/CAD is highly correlated with oil.

Mos people look at winning percentage as their decision to trade a system or not. You can take a trading model that has a 40% win percentage and make money if your Reward/Risk ratio is 2 to 1 or greater. (average winning trade * percent winners) - (average losing trade * percent losers) =...

In the book Market Wizards and New Market Wizards by Jack Schwager, a lot of the trader's that were interviewed stated that trading other people's money was more burden then it was worth. Even though the clients had invested money with the trader, their own psychology got in the way where they...

I hope things work out for you. I wonder how long it will take before someone makes a rule to stop what Prodigytrading.com is doing by putting up the money so you will have at least 25k in your account at all times? It seems as though once someone comes up with a so called loophole they turn...

Save your money and work on what's between your 2 ears first!, then you might have a chance! :)

I am looking to meet traders in the Jacksonville Florida area. I mainly trade the eminis and forex. If anyone is interested let me know. Thanks.

Probably a Fat-Finger, somebody lost their job! Who knows could be this, a bad-tick the question is did you profit from it???

Steve, good point, you can have a limit order sitting at let's say $14.95 and the price comes up and hits your limit price but you may not get filled. If you have a stop resting at $13.95 and the price comes down and touches that price your stop WILL get filled. I have never had it just touch my...

FWIW, it all depends on where your limit is in relation to the your stop in a stop limit order. If your initial stop 14.05 but you then set you limit at 13.75 the market can drop another $.30 and you can still get filled. I agree on the platform execution speed because the faster it is the...

I do agree with you in a sense, an addict is an addict is an addict. Some will substitute one thrill for the other. Daytrading can in fact become addicting, that has been proven. In regards to the other replies, thanks guys and gals for your input. I believe that we may at some point in...

I wanted to know the chances of ever having a pattern daytrader rule for the emini futures? Does anyone think that this would be something that they would pass in the future seeing how a lot of traders are switching over to emini futures? I certainly hope not but I wouldn't put it past them...

I am trading at home in Middleburg. Just wanted to know if anyone else was trading and wanted to chat trading maybe through skype of IM. Traderdave72

Just wanted to give an update. I have contacted Esignal 4 times and even gotten a reference number but still no refund has been given to me. All I hear is that it will be put back in within the next business day and it never happens. I can't believe they can't fix a problem THEY caused, not me...

Hello, Since I cannot post on the software review yet, I will post my experience here. I signed-up for the free-trial for Esignal's software and was only supposed to be charged $6 for the data feed. I checked my bank account a couple days later and not only did they charge me $6 for the data...

Kiwi, Thanks for putting that into perspective for me. I will give it a shot and see what happens. I appreciate the help. I will let you know how things work out. traderdave72

Kiwi, I really don't understand what you mean. If my stop is a ..20 then I would want to wait until at least then to consider taking profits on 1/2 of my position and then I could go 1/4 and then another 1/4, this is the way the Hubert from TradetheMarkets does it and it seems to work good...

Kiwi, I trail my stops, my intention (which usually doesn't end up happening) is to take half profits at a 1:1 and then trail my stop from there. What happens is, the stock moves my way and then pulls back close to entry and then I end up taking profit on all of it. This happens 9 out of 10...

Look, I was just getting some advice on Forex that's all, I am not stupid enough to go and try another market when I haven't even figured out the equities side. I am interested in all sorts of trading and I actually am keeping folders on each type of market Forex, equities, Futures, etc. One day...