Search results

  1. O

    17/13

    I guess if you wanted to add a 10 pip trailing stop to my original example that would protect you if price shot up 10 pips then fell again. You would only lose 5 pips instead of 15 pips. As for tighten up the trailing stop it makes sense, but it's a little bit more complicated. I like to keep...
  2. O

    17/13

    Since the entry is simple it's best to keep the exit simple as well. You can use a fixed stop and exit. And maybe use a 2:1 risk/reward. So for EUR maybe you risk 15 pips to make 30 pips. you just need to be right 35% to make money. I looked at something like this on the hourly charts a...
  3. O

    !!!I'm scared!!! (chart of a day)

    Buy gold and a gun...
  4. O

    king of the micro for a day, fool for a lifetime

    Traders need to be responsible for their own actions. Period! And stop blaming others for their failures....
  5. O

    Online Trading Mentoring?

    Yeap, he did say that. I don't know if he makes money or not, but I do know he is a liar....
  6. O

    What licenses do you need to trade derivatives?

    Usually I-Banks want everyone to be at least series 7 if you are dealing with clients to be safe. maybe series 3 for commodities...
  7. O

    Any prop firms hiring?

    Of course it's not as good as sitting next to an experience trader, but it's better then nothing...
  8. O

    all those traders who put up "$5000"

    Why do I have a feeling that the firm you might be dealing with is NOT a registried B/D b/c of this "training" fee... And if that's the case it's illegal to collect commission overrides. Don't you remember Tuco...Hope you have a good lawyer.
  9. O

    Any prop firms hiring?

    got 5k? you're "hired"....
  10. O

    I cant short stocks under 5 dollars...wtf

    i think most retail shops have that rule.
  11. O

    Pro Chat room!!

    I don't know much about the site. But it seems that the site was free and now it's not. Why are they charging now?
  12. O

    ABX Indices stuck @ lows

    Is there a esignal symbol for the ABX index?
  13. O

    requirements to day trade futures

    You can start with 5k at a ton of firms
  14. O

    Day Trading Thoughts For Tues. Mar. 31

    One of the dumbest posts I've seen on ET.
  15. O

    NYSE vs Nasdaq

    They are pretty much the same ever since the hybrid market hit the NYSE.
  16. O

    Fee jump could dampen US trading tactics, volume

    Memberships are expensive costing about 750k. Leasing a seat would be about 1k/month. http://www.cmegroup.com/company/membership/ Not sure if you hold overnight or just intraday, but you can find a broker that offers $500 margin. If you are looking to trade 10-20k SPY' worth of ES you'll...
  17. O

    Fee jump could dampen US trading tactics, volume

    i agree for the small trader, but i was referring to jnorty he said he is trading 600k shs of SPY. 1 contract is equal to 500 shs of SPY's. I'm sure if he scales in or out he wouldn't have an issue.
  18. O

    Fee jump could dampen US trading tactics, volume

    What do you mean?
  19. O

    Fee jump could dampen US trading tactics, volume

    I would seriously look at trading the ES if I was you.
  20. O

    Fee jump could dampen US trading tactics, volume

    Because futures are not regulated by the crackpot team at the SEC. CFTC regulate futures.
Back
Top