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I think everything really depends on how much risk are you taking and your account size. I find that when your account gets bigger than your day-job salary, then most people's risk appetite becomes much lower. If you don't have an account bigger than your day-job annual salary, I don't think...

Everything is statistics. So technically, you don't need look at a chart if you are using a money management system and some other principals. Theoretically, reversion to the mean, semi-martingale, cointegration, correlations, baskets, etc...all of it can be used. It is just a matter of...

Always good to have a nice start. Give you a bit of buffer to work with. Good luck in 2016.

As soon as BOJ went to negative rates, the markets and futures spiked. The Fed, again, late to the party.

No pain, no gain. You either cut down on expenses. You go find a side job. Or if you are so lucky, your wife can find a job. So the expenses are covered in this initial phase, and you can built up your account without the monthly withdrawal. If you are average 8% per month, and you can...

Good luck competing with Wealthfront and Schwab Intelligent Portfolios. At the end of the day, can you outperform these robo-advisors on an annual basis? That's all the clients want to know.

Neke, I've been very supportive of your efforts, but there is one thing that I've been mentioning since 2013...it is to reduce your trading fees. You need to switch to a lower commission broker like IB, etc. There is no point in giving away that much money in trading costs to your broker...

It's not even January, and the call is already validated. Good one, RM.

And you have your solution already. Make asymmetrical bets. It can be done.

What do you think of USDJPY? I would have thought it would go up, but after BOJ and FED both made announcement, USDJPY is down...strange. One would think US dollar will get stronger with higher rate and improving economy and Japan keeping its QE in place.

It's not about starting capital. Trading and starting your own business is the same exact thing. If you have the right business idea, you can turn thousands into millions. If you have the right edge/trade strategy, you can turn thousands into millions. Some people have it, and some people...

Buy when price is above moving average. Vice Versa.

What is the benefit of shorting DGAZ vs. buying UGAZ? I would think it is much easier to just buy UGAZ. I'm still thinking that after mid-January, things will start looking better for Nat Gas. I think the weather is going to get colder by then. The Nat Gas producers will probably cut back...

Well Deserved though.

That's pretty dang smart to cut exposure to VRX when in the PSH portfolio. Hmmm... I still don't like Ackman though. LOL.

Of course the timing is off this trade, but I think everyone can agree that given enough time, natural gas price will rise back to normal levels. Either gas producers will go broke, and supplies decreases. Or weather gets cooler, and demand rises. Right now, we are in the twilight zone...

LOL. That's really ridiculous to say. You have no idea what size he has on. I would think this is quite difficult to borrow to short, so he may not even have that much size on it. And the fact that he has stated in his first post that he considered doubling and tripling down, that already...

I think this trade is going to turn out fine given some time. He said it right on the first call, gotta hold it until the first chill. The El Niño is making it a bit strange, but I think January is going to be different story.

Confluence of El Niño, oil glut, Texas oil tax, and Arctic winds staying up in Canada...is driving NG prices lower.

It has been unusually warm this winter. And there hasn't been any monster storms or snow. The oil producers are still pumping as much as possible. But I like your thinking...if everything is going against oil and ng, it doesn't take much to move the price in a triple ETF. How easy is it to...