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hehehe.

I think the hardest thing about this game is loving money too much. The harder you work at it, the more consumed by desire for money you become. I think a key edge for successful traders is they distance themselves from money psychologically to the point where they can suppress the greed...

One way of getting around your problem is to set an initial condition for the first bar of the sequence. For example, in tradestation you could write: If CurrentBar = 1 Then Begin HA_O = O; HA_H = H; HA_L = L; HA_C = C; End; If CurrentBar > 1 Then Begin HA_C = (O+H+L+C)/4; HA_O =...

Been there, done that, repeatedly. This is the cost of doing business, unfortunately. What I've observed in emotional traders is: 1) losing streaks break confidence big time, and it is difficult to accept that they are statistically inevitable. 2) wins peppered with losses test the trader's...

I don't quite agree with this logic. In general, I think that affordability drives supply and demand psychology. Higher interest rates and tightening of bank lending policies will place a firm roadblock for many who would otherwise buy a new home. I don't think that consumer choice alone...

Well said. RoughTrader

I think these "rules" don't really say much of anything specific and can just as easily lead a new trader to lose money rather than make money. RoughTrader

ER2 is the trade symbol for the electronic Russell 2000 futures contract. RoughTrader

Like I said, I use limit orders, so if I am filled, they have to be at the price I specify. Exiting is more important than entry, but I break up my exits to help avoid slippage when using MIT orders. RoughTrader

I trade up to 25 contracts with anywhere between 1 and 5 round turns per day. I only use limit orders (except for stop losses), and most of the time I have no problem filling my orders. It might depend on your broker. RoughTrader

Hmm... My suggestion is to keep your 20k at oanda. You'll probably be able to grow it into "big" money much quicker. RoughTrader

It's impossible to consistently pick tops and bottoms. I choose a profit target, and let it be filled if the position moves my way. I wait for further confirmation that th e move is not over, and reenter. RoughTrader

Actually, I did. No one gives a rat's ass what kind of house you own nor the equity you have in it. There is no need to brag about it either, as you don't even own it free and clear. It's also amusing that you should conjecture about my own housing situation, seeing as you know nothing of me...

Wow, you must be rich then. We all envy you. RoughTrader

Hi Charle, Care to share an updated P/L sheet for the trades you have taken since you last posted the P/L? RoughTrader

Smells like Another Fucked Borrower.... RoughTrader

Is this guy having a conversation with himself? RoughTrader

Ivanovich and Drawdown, please take your squabble offline. If either of you have anything pertinent to say about EURUSD spot or futures, I'd love to read your post. However, I am sure none of us are interested in the personal attacks you exchange with each other. RoughTrader

I've been thinking about this issue a lot lately and haven't really decided if this is the right thing to do. I personally have a dayjob and take a paycheck like everyone else. I also trade and have been fortunate enough so far to grow my bankroll in a way that dayjob never could. If I...

Is it just me, or did someone royally screw up? Tradestation just refreshed and showed corrected price action for @EC. I noticed some huge spikes this morning, but they are corrected with new data. Sounds like some people's trades mighta gotten busted. Anyone notice? RoughTrader