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“The cap-and-trade system of emissions trading is very difficult to control and its effects are diluted…It is precisely because I am a market practitioner that I know the flaws in the system," George Soros

Yeah, I have a buddy who brokers at Amerex who bought Cliff Baxter's house. At least he shot himself in his Mercedes and not in the house :vomit:

Just my experience and opinion - you are needlessly overthinking this to excess. Increase your sizing after actual realized account equity gains. Decrease your sizing after actual realized account equity losses. Leverage will kill you quicker than anything. Especially unearned but "assumed"...

IMO No because that is not actual realized account equity. Your objective is to grow account equity.

At first, quite naturally, my winners were one tic. As I gained experience (through survival, careful observation, and copious daily journal notes) I learned to let my winners run or even add to my winners. I would unwind my winners ONLY to floor brokers. I would also puke ONLY to floor...

I think to be a successful electronic scalper, you need to be aware of the technical price action biases that may be at work in the market. You also need to be aware of the correlated markets that influence your drug of choice. That's what I've seen in my career, YMMV. I wish everyone good...

I started out my trading journey scalping 30 Year Treasury Bonds as an independent local in the Pit. The rule I was given by my mentor was: if your position goes 2/32 against you - puke. In other words, take a 3/32 loss at market by hitting the next bid or lifting the next offer. The idea was...

I like your thinking.

If you're off on your other job gigs then don't worry about what you did or did not miss in the markets. It's a waste of emotional energy and creating anxieties are a trader's worst enemy. You are only accountable for the time you spend active in the markets. I would advise against leaving...

Stock market is up on Goldman earnings. Brent Crude is up modestly. WTI and distillates are down on record North American production and growing (fourth straight week) stockpiles of fuel distillates in the US markets.

Exactly. And the same thing is currently being done right now to the California carbon credits auction process. Speculators are buying and holding the credits in order to create an imbalance - which ultimately costs the California taxpayer. Again, don’t allow naive socialist politicians to...

There are standard vendor features in addition to a plethora of custom plug ins for X Trader regarding order queue. Queue position is more important in some markets than others. As was mentioned by another poster, queue is more important to some traders than others. Queue is also dependent...

California’s inept and poorly conceived market design and rules invited exploitation and sodomy. Never allow naive socialists to design markets and economies. Enron - and many others, were happy to oblige.

It’s Medium-Sour at best. Refiners equipped to handle that level of Sulphur are basically restricted to Japan, China, India - unless refiners blend it with lighter stocks beforehand. Just ‘sayin.

Problem: Unless the dude can put tens of millions of dollars into an account, there's no way an FCM is going to let him trade ClearPort or ICE Swaps. In terms of the hourly market - ISO's have escalated the Hedge Fund capitalization requirements after getting burned a few times so safe to say...

For manual scalping with a mouse ? TT X-Trader hands down. But you need to set it up exactly like their IT Department and your FCM tells you to. Read the TT hardware and software requirements carefully. If you are truly scalping spend the $500 per month on a dedicated symmetrical fiber...

There's an infamous granny who was short gamma up the wazoo and purportedly didn't overly concern herself with the "Greeks" ['ya know, like delta]. A true hero to some. Also paid back early investors and their fictional gains with later investor's money.

The Cryptocurrency Exchanges are typically not insured by third parties. From what I can tell - once they've been robbed they declare bankruptcy. Crypto thefts tripled from 2017 to 2018. I just read an article by Aon that they are going to start offering Crypto insurance for banks and...

I am an engineer by training as well. I have personally traded bilateral physical power, transmission rights, and exchange cleared financially settled power swaps. (at a major US electricity generating utility and at a Hedge Fund) It requires (depending upon what you want to do) tens or...

Safe to say that this is not a positive development for cryptocurrency confidence. As was pointed out in an earlier post, these exchange thefts have become a rather routine occurrence. And markets are built up and torn asunder based upon confidence. You can write an elaborate thesis on the...