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  1. V

    ES Journal - 2013

    stopped at 1654.5
  2. V

    CL Redux

    short 10690 oct
  3. V

    ES Journal - 2013

    short 1652, tight stop
  4. V

    Marty Schwartz at Amherst College, Spring 2013

    He still uses TA!!! What else is he suppose to use?
  5. V

    Marty Schwartz at Amherst College, Spring 2013

    Many thanks for posting. :cool:
  6. V

    How much risk capital should one use in a single trade?

    Thanks, Alan. I've come to the conclusion that I need less leverage and buying out of the money options as protection against outlier events. Did you ever encounter a Black Swan type of event in your trading career?
  7. V

    Random Musings

    Bought some Apple shares at $495 last week. Thought i would follow in the steps of Icahn :D
  8. V

    How much risk capital should one use in a single trade?

    A couple of points: 1) a stop order is just a market order that is triggered when the price goes to that level. You're not ahead of anyone like you might be with a limit order. 2) Bid offer spreads will increase even in liquid instruments like ES. 3) prices start moving in big...
  9. V

    How much risk capital should one use in a single trade?

    No, they are not. I'm gonna be rude and request that you please go away. :D
  10. V

    How much risk capital should one use in a single trade?

    Interesting, but not what I'm seeking, namely the tick by tick price movement during a spike.
  11. V

    How much risk capital should one use in a single trade?

    August 2nd 1990, Iraq invaded Kuwait. Apparently, oil prices immediately went from around $32 to $40 (+25%), but then collapsed to $22!! I don't have the tick data for this, so don't know the actual data points of the price path (i.e. did prices move immediately to $40 or were they going up in...
  12. V

    How much risk capital should one use in a single trade?

    Thanks for the reply. I suspect before 9/11, the notion of jumbo jets smashing into a couple of skyscrapers in Manhattan wasn't a "realistic scenario" either. Btw, i was long ES and watching the screen just before the attacks. I was stopped out after the first crash, the market actually...
  13. V

    How much risk capital should one use in a single trade?

    Bill has a $100,000 account. He's gonna risk 1% ($1000). Decides to go short 4 contracts of CL at exactly $100.00. He has his stop at $100.25. News comes out that a nuclear explosion has occurred in the Ghawar Field in Saudi Arabia. Probable terrorist attack. CL immediately hits $125 (lets...
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    How much risk capital should one use in a single trade?

    if a great trade of the year candidate comes along, you should seriously look at max leverage using options.
  15. V

    Fooled by Taleb

    nadal and federer were knocked out v early on. the guys who beat them, luck or skill? in any knockout tournament, there is an element of luck.
  16. V

    ex Goldman Sachs Trader Tells Truth about Trading

    i beg your pardon?
  17. V

    ex Goldman Sachs Trader Tells Truth about Trading

    Nitro, thanks for posting those videos. Like the guy in it, i did the same, i sent my trading record (I was trading a small account during my years in college) to various firms when i graduated from university. Didn't take long to be hired :D .
  18. V

    ex Goldman Sachs Trader Tells Truth about Trading

    Hmmm. I played or maybe "executed" 4000 hands of blackjack recently. Owing to the house edge of about 0.45%, I should have lost about £200, instead i WON £1530. Does that prove i have an edge? Of course not! I was lucky to the tune of about 2.3 standard deviations.
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