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To be good at fundamental analysis requires a person to research all of the relevant economic, financial and other qualitative and quantitative factors pertaining to a particular name or security. And indeed, if done thoroughly enough that would make the analyst a true expert on that particular...

I think that modeling longer time frames and designing your trading system and position management for longer trade holding time frames is a key tenet to simultaneously holding a day job and getting much more aggressive with your trading. Sounds obvious, is obvious, but IMHO longer time frames...

I agree that there is more automated "gamesmanship" (spoofing is one example) and liquidity gaps due to automation. My premise is that if you model longer timeframes, and migrate from scalping to longer holding periods, then the automation-generated turbulence is de minimus. BTW, there was...

Mid Am just sucked. The contract specs were different as well. I had a great deal more flexibility and was able to trade more products leasing the evening Full membership. Plus, the evening pit session started at 6:00 pm, which was perfect for keeping my day Engineering job. Project A, which...

I get it about the bankroll. Personally, I kept my full time day job as an Engineer for a couple years and leased a seat at the CBOT. I traded the evening Treasury Bond pit session and the afternoon / overnight Project A and Globex screen sessions. My initial stake was $10K. Honestly - if I...

By all means, if a trader wants to share his story about making a career transition into trading - by all means please post here ! There is no one way to trade, and there isn't a singular best way to transition into trading.

I'm going to take a stab at the first question - my fault for not being able to understand... Paper trading and then meeting with me individually to review and discuss (go-to-meeting) is where the fast progress gets made. Clients who take the paper trading very seriously will usually have...

Higher highs and higher lows describes price action that would indeed trigger any trend following system - after all, TA is based upon price price action.

Look at the evidence presented in the previous page! Facts are, if fundamentals are strong enough to stimulate a consensus for more buying or selling - that is strongly reflected in price data as an emergent new trend or a fresh directional push ( higher highs and higher lows ).

I don't quite agree - individual speculators have the luxury of choosing time frames. It's just about all we have left in terms of differentiation but it remains a powerful tool. That's why I personally migrated from day trading to swing trading in the mid 2000's. It resolves some vexing...

Yep. And we've seen the same thing in Rates before the Fed announcement, and in Crude before the OPEC announcement. And where this is super obvious would be in the forward pricing curve - it's a perfect analog to projected supply fundamentals.

No need to get your panties in a wad. The shift in fundamentals was reflected in higher pricing, and any decent trend following system would have gotten you long.

Fundamental considerations are reflected in price. I've never come across a Commercial or large well-informed Spec that allowed a market to remain "mis-priced". ( in the interest of full disclosure, I traded Commercial energy in the 90's ) Everything known about a market - the collective...

And my predictable response would be that gross trading strategy knowledge deficits, tradecraft deficits, emotional hurdles and the like are far more difficult and testing than any physical demands. There is also the common challenge of a client whose capitalization is such that there is...

I started trading my own futures account in 1993, and started taking training clients on a part-time basis in 2008. In the past five years, a significant portion of my client work has been with full time professionals in a career path outside trading, who traded actively in the past, and who...

For the sake of discussion, is this a technical indicator package we are to assume ? I've seen guys make fortunes without indicator packages. Lead-lag strategies and arbitrage between highly correlated products come to mind. I've also seen some very good rules-based systems that were not...

Most of my new clients are understandably very excited to download my custom indicator package out of hundreds of Gigs of files it's almost always the first file they open. Fair enough. But what seems to blow them away is how ineffective an indicator package truly is ex Vivo. An effective...

If you are participating in a really thin, volatile market like Cotton or Gasoline or certain metals futures, you are going to have to specify an aggressive stop limit range - that's the nature of those markets. If a wide stop limit range is unappealing to you, then consider liquid product...

You lost to Donald Trump. Seriously. You fucking lost to Donald Trump. Under President Obama, Democrats have lost 900+ state legislature seats, 12 governors, 69 House seats, 13 Senate seats. That's some legacy. You're going to be butt-hurt angry for a very long time amigo.

I have two daughters myself. I have pictures of them kissing my check, touching my face, and sitting on my lap. Does that also stir your peodophilic sickness ? Stay classy.