Search results

I have been looking to open an account at one of the better capitalized, large FCMs (Goldman, JP Morgan, Morgan Stanley, etc.), and it seems like they do not take individual accounts. They all seem to be looking for corporate accounts, CTAs, funds, etc. Is there any way to open a futures...

Sad to see neke stopping the updates. It was always a highlight of this website when he posted his trading results. Now all there is left to read are mundane posts from the wannabe traders.

I don't blame profitable traders for being secretive. Especially the ones that are not top 1%. The non top 1% are the ones who desperately need to have their strategies remain viable. Because they rely on strategies, not feel or intuition of market movements. The last thing they need is tell...

The bond market doesn't act like it did earlier in the year. It is not giving sellers a long time to sell at good prices. The rallies have less staying power. There is less lingering at the highs. With the Bund and JGB intermediate to long end yields having very little upside now that they...

Front running Citadel beats opponent spoofer Corsica. Front runners are the parasites of fund managers, and spoofers are the parasites of front runners. Front runners win again. After all, they make the most money and can buy influence in Washington DC.

Come on, most people on ET can't even sniff neke's jock when it comes to overall money made in the markets. Making 800k trading over 10 years while also having a full time job is in the 99th percentile of all traders. But you will get the small sample size overanalyzing from the trolls like...

He hasn't gone bust in 10 years, and he resizes smaller after drawdown, so I don't know why you would call that a high risk of ruin. On the one hand you say he shouldn't have withdrawn profits from his account, so he can compound his gains trading bigger, yet on the other hand you say its much...

Neke didn't lose all his money. He is up 30K this year, he is on pace to make 70K this year, more than what most people make doing things much more boring, soul-sucking, and time consuming than trading. And guess what? he has taken out exactly 30K, so he has taken out his profits. His...

I am not a daytrader, I am looking at the daily time frame, and it is chop chop chop. But I guess we have all supertraders here who crush the HFTs intraday everyday regardless of trend or range day. Hoo ha!

Everyone loving this market? Chop chop chop. I am sure everyone on ET is all in long and basking in the sunshine sipping pina coladas by the beach.

Right, you can split up positions and trade multiple time frames, but that isn't what most people do here. The big time successful traders and fund managers are not daytrading ES, EURUSD, or AAPL. They are taking positions to try to make large gains over weeks and months, not hours. I bet...

I have no problem with people having a different viewpoint, its just your wrong interpretation of my post that is annoying. I never said no one can make money daytrading. I said most can't. I am talking about reality, in which a very small minority are long term profitable. There is even a...

I guess you can say having a down month is having difficulty with my strategy. I prefer to look at longer term results which have been positive, and which I focus on. My reason for trading is not to make money every day, like daytraders aim to do, but to make as much as I can when a good...

ET is a cesspool of know it all daytraders who think that anyone who doesn't make money in every type of trading market or trading instrument is a loser and has no trading skills. No wonder all the good traders left this place.

I know the market will change. I am saying the market is crap RIGHT NOW. And I am not looking for confirmation from any trader here, I am just commenting on the current market and how it is trading. Sometimes it is easy to make money, like in January and February, sometimes it is more...

I am not saying that there are not any successful daytraders. It is just that the odds are much less favorable for non HFT daytraders than for longer term traders who focus on fundamentals, data, sentiment, and investor positioning. I am sure those successful daytraders would make a lot more...

I don't daytrade, and I believe for almost all traders, it is a loser's game. I focus on higher time frames and in order to effectively trade higher time frames (I am talking daily, not 5 minute bars), you need to understand fundamentals. If you think you can make a fortune daytrading off a 1...

What a crap market to trade. Fundamentals are terrible, and everything: stocks/bonds are overvalued, yet trying to short S&P or bonds is usually death by a thousand cuts. Going long S&P is like trying to pick up dimes in front of a bulldozer risking another plunge like August 2015 or January...

Trading is a lot like golf. It may be the best analogy that I can find that relates another activity with trading. Like trading, it is a solitary sport. The biggest similarity I see is the importance of avoiding disasters. The Big Miss. You can be the best golfer in the world for 16 out of...

You can liken the financial markets to baseball. You have different levels of play, you have college baseball, the minor leagues, and finally the major leagues. College baseball is the OTCBB market, where you have mostly amateurs being used as sacrificial lambs and pawns in the larger game to...