Search results

Hoping Republicans lose control of either chamber. Contested government acts as a brake on political initiatives and especially presidential actions. The less government gets involved in the economy, the better it is for the economy.

I don't doubt that you were able to make consistent profits through trading. However, the frequency of profitable trades does not indicate the level of risk inherent in a strategy. Nor does it off-set risk. For example, a plane flying at 10,000 metres is a successful flight. Its still...

My opinion is that both your business model (borrow money against your house to trade in the Bahamas) and your trading strategy you used (a few minutes delay in order execution on one key day wiped out 30% of your accumulated profits) were both high risk . Your opinion is that neither were high...

So if I have this right, I understand that - * you were trading with borrowed money and making a profit, with which you were able to meet your loan repayment requirements * you lost 30% of your total accumulated profits to that date in one day, 18 September 2013. * after that you did no more...

Plus, when your execution times went out such that you could not make profitable trades, how many times did this happen and for how long? Surely there would have been a point when you would have realised that so many trades were losing money that you would be unable to meet your loan...

So you made profits at first but then UBS started to delay your trade execution. And this caused you to go from profitable trades to losing trades? When you were making profits, did you keep making re-payments on the loan or paying the interest as agreed? At what point did you stop making...

Ouch. But, you're right.

Thanks mate. Whatever the various purposes of the profits, you borrowed money from UBS Bahamas to trade with? You did not make enough profit to pay the interest? You say it was their fault due to late execution and so you sued them for breach of contract on this basis? A mortgage is just a...

Coming back to this thread after a long gap - please, do I have this right? You borrowed money to trade with. Profits from the trading were to pay for the interest. Losses were made in trading and whatever profit or capital was available was insufficient to pay the interest on the loan. You...

I rarely short stocks because their indices tend to rise as membership is rotated. Indices have therefore an inherent buoyancy and when they start to rise with good momentum every member stock can be subject to a buying spree, even the dogs. You can try shorting stocks if an index is rising...

I'm guessing you're an intra-day trader as in the last few days I had been concluding October had been an unusually poor month for long-term trend-following. Provisionally I put this down to the shock from the US equity markets' falls in the first week in the month but I can't draw an exact...

10% because I want to support new traders against myths and scams 10% because I want to support the forum and not just take info out 80% because its constructive to have alternative views to my own on trading - helps me improve my strategies and find new ones

I never set up trades or manage them according to my future projections of what price will do. All trades are selected and opened identically, all the winners are pyramided, and I get out when the TA deteriorates, not on reaching a projected price target or time horizon.

Not that I'm a day-trader but if you have a strategy that has an edge, and you are able to follow this precisely every trade, a certain way to render your performance random is by restricting use of the strategy.

It couldn't be simpler - does the chart say price is more likely to go up than down? Yes? - hold. No? - sell. Don't know? - sell.

Price can only do a certain number of things so it really ought to be possible to plan for all. Once you're in a long position, you believe it is probable price will go up but possible price will go down. So, price can - go higher than expected go up less than expected go lower, as anticipated...

I agree. The most powerful enemy is the one with most control over each and every one of your trades - yourself. Mark Douglas provides top quality help to get past this. Another good point is that the major enemy is not another trader trying to take your money away. That kind of adversarial...

I believe that for the most part markets are fractal, so structures and formations on a chart showing 200 daily bars will replicate on a chart showing 200 4hr bars or 200 1hr bars or 200 5min bars. But there is a real difference between bars that take account of or ignore quiet market periods...

The scenario is unrealistic. In reality, we should be buying a stock that has a greater probability of its price rising than falling and we should only hold as long as that probability remains skewed to price rise. Whether price really does rises or fall after you have bought it ironically...

Likewise for me as a long-term trend-follower. As I'm in the UK I can spreadbet the indices themselves. I hate shorting the US indices, it usually ends badly. But shorting the FTSE100 is often a viable option. Meanwhile I have also been shorting individual US and UK equities - these were the...