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mmmmmmm .....mmmmmmmm.....mmmmmmm

As someone said somewhere in some book quote "Because he is prepared to run quick -- say, stop his loss at two points when all he hopes to make is two points -- he hugs the fallacy that he is merely taking a fifty-fifty chance":D

Because you are gambling - but its a good lesson - after 5/7 years you will know why.

There we go folks a layup trade - Hogs , Live & Feeder Cattle on fire. Question is which market will close locked limit up first. :D

My advice is get proper charts.

The less risky option would have been to add positions between 235 - 240 in consolidation and hold stops at 234 but no worries I hear 300 jingle bells ringing just before the all time highs of 1997

Mubarak - tin pot dictator supported by US to prevent Muslim Brotherhood fromtaking over - short Gold & Dollar rallies thats the only trade out there

Today will be an interesting day on livestock open following Friday's after hours release or maybe market has already discounted. After the close, the USDA said that there were 92.582 million head of cattle and calves in the U.S. as of January 1st, down 1.4% from a year ago and the lowest...

I didn't say anything negative about Her Majesty, just pointing out a fact. Maybe you can remind me how does she pay for her living and how she acquired all that wealth ?

+30 year rulers - hey including Her Majesty The Queen at No.2 http://www.terra.es/personal2/monolith/00surviv.htm

And chocolates/cakes without sugar, its time for the western world to riot also, maybe from Monday heh:D :D

Breakfast without coffee:D :D

You will all soon be on a forced vegetarian diet except for em mullahs :D :D

BUT the statement says this quote - Thanks to the nature of futures trading, Daniel Shak's $10 million hedge fund held gold contracts valued at more than $850 million, more than 10% of the main U.S. futures market, and the equivalent of South Africa's annual gold production.- End quote He is...

I don't agree with the statement that he held $850million worth of Gold with $10million margin. If he held calendar spreads ( short & long various maturities) then his overall net position was way less than $850million. Example - If you are Long February Gold 2 Contracts and Short April...

This is a bullshit story -Why? With a mere $10million the maximum amount Gold a non-member speculative position that can be held is no more than $250million. If you do your maths based on $5500 margin/contract( now gone up) thats a maximum contracts of no more than 1820 ( rounded up)...

Prof - let me rephrase - using your argument In terms of volume weighting per bar for you say 50 apples per bar is optimum number one has to carry out infinite iterations to arrive at that number that gives the maximum profit in that market. 50 apples might be OK now based on current data...

I can't exactly say the nuts and bolts - I don't day trade intraday no more- I gave up that treasure hunt method, not saying that it does not work just not my style. Read again what Prof says he makes a lot of sense except for the mathematical jargon.

Its similar to what Prof said and I quote - You only trade instruments that give you enough liquidity & volatility to be able to see strength (up or down), price direction (up or down), consolidation (at a top) or consolidation (at a bottom). Once you can easily see those 6 specific areas of...

I don't get how you can be consistent with volume charts. Why - because volume in any market changes quite significantly over time. So do you compensate for this by continously making adjustments? If you do then you are curve fitting to fit recent data and that makes it a poor system well at...