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    "The market is always wrong"

    The market is always right, even when it is wrong!
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    Turning a starting fund of £7,000 into £7m in just two years

    "Trader wins £20m in ‘lost profits’ case By Megan Murphy, Law Courts Correspondent Published: May 6 2009 20:10 | Last updated: May 6 2009 23:13 An independent day trader has won £20m in damages after being systematically defrauded by one of the world’s largest brokerages – in...
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    why scale out

    " If it's crap - reverse." with what size? With Small size? That's scaling in! :D
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    how to cut losses as a global macro trader?

    According to the book, regarding "Why Global Macro is the way to go", "Because finding high-quality, uncorrelated trades is not easy, the ability to find multiple better-than-average independent bets is what separates a star hedge fund manager from the rest of the herd. To become a star, the...
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    how to cut losses as a global macro trader?

    imo, Perhaps nobody would like picking the maximum one at all times, and none could pick the minimum one every different time, hence diversification!
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    how to cut losses as a global macro trader?

    True, I agree. imo, the Real "Smoothing" mainly comes internally from the system design itself, built with defensive strategies, rather than from any theoretical diversification of asset classes, which only contributes a relatively small portion for smoothing.
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    how to cut losses as a global macro trader?

    imo, Not entirely true in the long term when applying re-investing of profits, in order to get a preferably smooth equity curve.
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    How do you get out when you see "fat tail"?

    I think this is the best way I would do! But how to do it perfectly in order to maintain some reasonable returns would be completely another matter!
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    how to cut losses as a global macro trader?

    It seems the answer has been clearly stated in the article already: " Then we have the true global macro traders who use a bit from all of these styles in order to have lower drawdowns and higher returns. " imo, Perhaps that is the main reason for CTAs usually cannot perform better than...
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    Proposed NFA Capital Requirement

    Hi Savior Thanks for the great work from you! Do you know whether they include the figures of any or some of their white label businesses? Do you, or anyone else other me, find the ratio of Volume:Net-Capital for individual firms based on the above figures would be interested? 1 =>...
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    What was the ***last*** thing you had to master before becoming profitable?

    What was the ***last*** thing you had to master before becoming profitable? The Last thing to master before becoming profitable (i.e. A) = The First thing to start trading (i.e. B) = Everything in between A and B = Reward:Risk (i.e. Edge)
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    will teach a select group of students

    Don't forget you need to pay Ms VG royalties for producing the same or similar equity curve. For anyone who might be interested in potential infrindgements: Ms VG told us that she had already filed a patent application on her method of how to produce that unique shape of equity curve...
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    will teach a select group of students

    I have to say something here to provide a reference to Ms VG's course. I do feel I'm a lucky one who has enrolled her course for a number of years. I was only an occassional profitable trader however trading inconsistently. Now I can trade consistently and, unbelievably, I am still an...
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    Why DON"T "profitable" traders take the time to train people remotely and for a fee?

    Time and self-dependence are important. I think, one of the reasons is for many traders their main objective would be their free-time (available to do things Anytime they like), freedom (able to do Anything they enjoy) and free-spirit (more Opportunities to try whatever they choose). Simply...
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    Who's Who of Rough Traders

    No wonder we've had a financial crisis now!
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    Why DON"T "profitable" traders take the time to train people remotely and for a fee?

    I'd rather spend time on this kind of more productive games: http://www.pfgbest.com/cta/contest_details.asp http://www.pfgbest.com/cta/performance_results.asp?quarter=Showdown&contest=2008&month=Final
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