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http://www.jwh.com/home.asp Also of interest is his web site which shows performance numbers for his various commodity funds.

1) Paid $12K for one (ouch). Started trading 12/02, stopped 12/03. Initial equity $50K - high $94K, low $28K. Final equity $50.5K (and therefore did NOT recoup cost of software). 2) Paid $1,900 for second one. Started trading 1/03, still trading it. Initial equity $50K - high $52k, low...

I am in Waltham and trade where I find the action - mostly commodities now, sometimes the index futures on a swing basis. I've gotten away from daytrading. It would be good to meet some fellow traders. I can tell you that I went to one of those Boston area TradeStation free seminars about a...

All the industrial metals went up today - not just Platinum. Industrial demand is the short answer to your question. You might try Lind-Waldock for a broker, if for no other reason than to be able to access their Global Reserch web site - doesn't get much better than that. Their commissions...

On the topic of "where's the inflation", I thought this http://moneycentral.msn.com/content/P72746.asp was an astute article about how the governement defines reality in its own magical way...that computer you bought might have cost you a third more but it iruns 4 times faster, so you...

Anyone have any experience with this one? I did some trades in 2003 in Euro and Swiss Franc based commodities. My 1099 does not include the Open Positions as of 12/31/03 in these trades because, according to the broker, they are "not required to report them to the IRS". My other US$...

I did the same thing today. Tight stop at 75.20 I am not sure how much upside break there will be though given the weak fundamentals. I'll see what action occurs if it get around the 80 level. - rcm.

I would be interested in what fundamentals you favor that support your view. The Japanese have had over 10 years to get their banking fiasco fixed and to washout all those ill advised real estate deals of the 80s. To a large extent, we could say that is behind them now. But where will growth...

Here is an interesting one. I was denied health insurance under a group plan by Tufts Health Plan of Massachusetts on the basis that my activities were not a legitimate business since I am not "transacting commerce with third parties", according to them. Apparently a Schedule C and D did not...

What would be a reasonable amount to pay at the moment, assuming low volume/month (maybe half to a dozen trades). Does $19 round turn sound good (after transaction fees, but before exchange fees)? Any feedback appreciated. I trade electronics through IB but want to access some of the pit...

Funny you should say that - I recently asked a popular daytrading system vendor for a reference and he gave me (what I assume) was his best hand picked reference. It was a bad reference - go figure. - rcm

I am sympathetic to your comments above, having spent 20 years in a money center bank with highly compensated HF trader types - the salaries + bonuses you mention correspond with my experience also. What continues to intrigue me though is that on this board and others, now and then, you hear...

I just read in the TradeStation World forum today that it is a piece of marketing trash - it did not make any money in any other month than the one published - and that month was completely curve fitted. Don't waste any more time on this. - rcm.

Are you in Brisbane? Same as Wallaby? I live in Boston, but hale from Brisbane originally. Will be stopping by next July - maybe we can arrange a get together with Brisbane traders? I am thinking of getting a laptop to bring over to see if I can trade while I am there. Should be able to...

Treasuries have traded back through to new highs on the session on very spotty volume. The long end is outperforming the shorts, with the thirty-year running the yield down to 4.981%, seeking levels from mid-November. The Philly Fed number garnered a bit of a sell-off in the short end while the...

Maybe I'm missing something, but this seems to be the perfect way to have traded ZB yesterday. A stop limit above and below by 16/32nds would have done it nicely - it seems. Even if the fill slipped a few tick higher you would be in. I've seen this happen a couple of times but have not had the...

10 to 1 versus 100 to 1 leverage is one...

Very apropos!

I guess I was looking for a simple benchmark that most people would understand. I am sure everyone would agree that as a minimum, we should be beating the S&P 500 over a 1, 2, 3 and 5 year period. (But in 2000 - 2002 does that mean it is OK to have lost less than the S&P - probably not by any...

Thanks - very helpful! - RCM