Search results

I'm glad you become calm again, 2manywhiners! I usually leave the person alone when it is furious. It's the best to both parties. Only time can cure one's emotions. Only if it's calm will I come back and explain since only calm people will open their ears. I'm glad to answer your questions...

I'm not sure, but it's normal they will have such a clause in their contracts: "The company will not accept any responsilibity from the failure of the system, blah blah blah..." I'm not sure whether the responsibility can be waived simply by adding these lines to their contracts. From the...

Your experience will not change Mr. Market. Your experience will only change you. :( Mr. Market will not change to suit your trading system. You need develop a trading system to suit Mr. Market. :) Beginners adapt their trading systems to their emotions. Experts adapt their trading system...

Traderguy, what are you going to do if you do not get a satisfactory response from IB? Would you try to sue them if they refuse to compensate? Would you consider switching to another broker?

I would like to know whether I can get back the money if the brokers commit some big mistakes/faults about trading. Or can their disclaimers completely waive their responsibilities?

As an Asian trader, I'm used to it. It seems Asian stocks like to have numerical symbols (eg Chinese, HK, Taiwanese, Japanese stocks). However, I have a very good memory. I don't need a notepad and I can type the number of the stock off the top of my head. When I first saw an alphabetic...

But don't you think it is ridiculous that a filled order is reported after 35 minutes or so? Something is very wrong with IB.

If anyone decides to stick with an administrative account, one can use a porgram called "DropMyRights.msi". I don't think so. Anti-malware has a research team which will keep updating its database to include new-coming malware, so it seems to be too negative to say they can only catch...

Hmm... But not all keyloggers will log all form inputs, right? Although it's not foolproof, it should be better than doing nothing. :) Sure you should install anti-virus, firewall, anti-spyware, intrusion prevention system to protect yourself as well.

Although this method looks dummy, you should get what you need (provided that you do access to Google official website :D ). The reason is, according to Google Search, the official website should always rank top when you search for its company name as it places special weighting on these...

TRADERguy, Sorry to hear that abymsal experience. So how are you going to sort this problem out? Did you try to explain it's their fault and ask for compensation? How did they respond? Would you try to sue them if they refuse to compensate? Last but not least, my best advice is to...

Yes, you are right, so you can say that again. :D Actually what I really wish to say is "%" is often more strategically & statistically meaningful than "actual figure". Let's say I invested $100,000 on one stock. If it retraces 1% in price, I'm losing $1000. Will I become be scared off and...

I find % is more meaningful than the actual P/L. One who lose $5000 with capital of $10,000 is different from one with $100,000. % is a better way to measure risk reward. :D

Well-said. You pinpointed why most new traders have to lose money before they grow up - emotional & shortsighted. They just don't understand what they should do when they trade live. This is a website which has a very simple trading strategy that works. LOL! Some of the turtlers still...

I think this is simply due to people's attitude towards sim trade. People just don't care when they sim trade. That's why simulated trading provides zero feedback towards experiencing the psychological aspects of trading. Yes, rule-based trading, which I think most traders should do. You can...

Hehe... :D But don't you think it's a nice name? Try to interpret it as W. M. Waster & And WmW is my face! LOL Happy to hear that. :) This make my long typing time rewarding. :P You know, a trader doesn't like to waste much time as every minute is important to them. They may turn...

OK, a post to pinpoint what I have said. First, a well-simulated trading practice can give you 90-95% of what you want. Only the rest 5-10% is from real trade. What is considered as a good simulated trading. 4 top things you need to notice: realistic tradng strategies, order fill (&...

Is it just too hard to do or have you never thought of doing it or is it me just so special? I could simulate how my mind would possibly react provided that most major elements are simulated (eg simulated account with real-time data, simulated order fill [NOT just what you click (at current...

OK, so you are a person who need to get some real lessons. Then go trade live unprepared and get some painful losses. For me, I know how to learn from other lessons. I don't feel the need to experience them personally, and save the losses. By the way, not ALL new trades lose money. How the...

hyooge? Do you mean hype? I agree! What's the point of testing a strategy which you will not use when trading live? You can't get rich by looking at a 1000% figure. Sometimes you may hear a penny stock rises crazily (eg 100% one day) and you could have gained 100% if you have bought...