Search results

Your favorite indicator, the 10 day EMA, is still in negative territory. What's your "strong intellectual reason" for fading your favorite trend indicator?

Wed 5/12/04 might :confused: be an important low. I'm long, but cautiously so, and looking for markets to test previous upper range Apr highs.

LOL ...:p . That SOUNDS like what Marty would say.

I don't watch TV or listen to music; do you want your heart surgeon watching TV while he's operating? To keep from getting stressed out, I get away from the screens so I'm not looking at any more price fluctuations. Of course this depends on your time frame... this is possible if you trade for 1...

First of all, even B4 you think about stop you should think about position size. Stops can be blown through on limit or overnight moves, so you don't always get out at your ideal stop... sometimes very far off. Also, if you overleverage, it's harder to exercise stop discipline because emotions...

In the past, with overleveraged trading and very emotionally, but now by trading less and better money management. Losing trades don't bother me as much anymore, except when I deviate from good risk management.

I've read that Schonfeld trades his own capital. So is it true that he built up tens of millions with in a relatively short time (~10 years) just from trading stocks? He was/is on the Wall Street 100.

Beijing, China??? Was he anticipating a commodities futures brokerage boom in China? Tudor Jones is betting on China.

Forgot to mention... "Kroll on Futures Trading Strategy" was recoed by Richard Dennis.

I talked to Stanley over the phone in 1997? or so, and he did sound like a very old man. He wanted to teach me to trade for a couple thousand dollars or so... I told him that was a lot considering me being only a student and he told me he's not teaching me some "mickey mouse system." Kroll is...

I think it's a multitude of reasons. Peak oil theory is one. Asian demand is another. USD as world's reserve currency and the world's leading importer combined with our currency debasement policy (and countries exporting to US needing to debase to remain competitive) is a 3rd. Put all...

HARD WORK!!!

That's very excellent insight into education and psychology. That's the same stuff I hear from people with experience as well as from my own.

Decided to exist some longs on the close with a good profit. SLs(Sell Longs) ES 1099 EN 1418.50 We might see some downward consolidation overnite.

LOL!!:D . It's not too hard to get laid in real life, but I suppose it's easier in the virtual world. I've heard some players in 3rd world countries employed in sweat shops that play for points to sell on ebay. Go figure.

Whoa, I didn't know that. Maybe I should get my date a bouquet of broccoli next time.:p

Long term trend is UP, but I expect Crude to break hard somewhere along the line back into the 20s before going to 100 within the next 10 years.

The trade deficit numbers came worst than expected. Despite that, the USD is relatively strong. I'm getting out of my long SF pretty soon. Bottom fishing might be good for stocks. Long ES 1083.50 EN 1393.50 approximately. Scaled out of a little long Cocoa on rise today because...

If you're trading SP short term, talk of fundamentals is not too relevant. Stay with that crack pipe if it helps you relax :p (j/K)

That's something I'm improving on. A big loss can wipe out most of your trading profits. I think it's important to have a rule that you're always using x amount of leverage per position no matter what. The worst thing is to build and build equity, then you think you're the man, and you double...