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Some excellent advice has already been given in this thread, so I will try to keep my input short and sweet. I would urge you to disconnect yourself from all scribblings in the public domain. They will only serve to pollute your mind during the early stages of the learning process. Later in...

Yeah, I agree. Most of the tax consultancies offering offshore solutions to UK residents are real back bedroom jobs. Would touch them with a barge pole. The Revenue take great pleasure in ripping them apart. I currently use an onshore structure but it's rather complex for my liking and George...

Out of interest, if you are a genuinely successful UK based independent trader what tax vehicle have you chosen to operate through? Do you trade through a Ltd company or have you gone the offshore route or something else?

I think there is a logical flaw in your thinking. There is no such thing as random price movement. Unlike the pikers that regularly shoot their mouths off here, those market participants large enough to affect price do not make execution decisions randomly. Just because you do not understand it...

The entire global economy is one vast ponzi scheme. Pensions are but one aspect. The current model requires continuing exponential economic growth to support itself. Clearly this is completely unsustainable. It doesn't take a genius to work out that this is all going to come to a rather...

Well put. There are a million and one coders out there with the technical ability to build a high performance trading platform. A miniscule number of these coders have the market understanding required to develop a consistent method of generating alpha. Most who do are employed by banks/hedgies...

I think it is plainly obvious that you are finding it tough to learn from the experts because YOU are overwhelmingly arrogant and full of yourself. You know the square root of sweet fuck all about trading and yet you abuse those who drop by to offer constructive criticism. Well sorry if those...

Exactly. Precisely. Completely. At some point the pseudo 'hedge' comes off and you are running a naked position.

The illogical nonsense in this thread is quite staggering. You cannot hedge using the same instrument. If you buy X units and then sell X units you are net flat. You have not hedged your position. You have exited your position. Please do not think you are hedging. You are simply entering...

3.08 hit. There goes your stop. As predicted the pros took the liquidity you were offering. Nice short term bounce to 3.10 as well. Market has some legs today. Still expecting 3.06 either late this afternoon or early in tomorrow's session. Do you really want to wait for your corn stop to...

jojo.ojo These positions both have a very high probability of failure. Please pay heed to Blotto's advice and close both your positions immediately. I am not familiar with the Ags so will not comment on the corn position but you have placed your ZO stop at a likely short term reversal point...

Beware. The CME and some other execution venues can and do aggregate/split transactions before they disseminate them through their market data feeds. The upshot is that the prints on the tape do not always represent individual transactions. When analysing transaction size you need to look at...

Last post for a while as this is not my thread and I do not wish to hijack it. I have been sent a PM asking a question. It was a polite question and so I'm happy to answer. However, I'll repost the content here as any help I give, I will give to everyone. Correct, nobody really knows...

Jack, Several years ago I was unnecessarily rude to you in this thread. For that I apologise. Scoob

No problem. Already forgotten about. Like a losing trade. Move on.

I found it a truly odd sensation. I had been fighting the market and myself for quite a while. When it finally began to click I was quite troubled and used to sit at my desk thinking 'That can't be it. It's too simple.' I imagine it was akin in some miniscule way to what Einstein must have felt...

Why do you presume I was speaking about you? Your frustrated and angry reply speaks volumes about your state of mind. How can you expect to trade the markets successfully when a mere post on an internet forum elicits this kind of venomous response? What people call me doesn't bother me one...

PA is never 'messy' as such, there is always logic in the way price behaves when the prevailing market condition is understood. True, in a fast market when the spread widens you will see transaction prices jumping around, but the significant levels are determined in exactly the same way as...

Watch 5815

Notice you went quiet soon after posting this. Did something drop into place perhaps. :o)