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  1. J

    Best Forex commission rates?

    If your account sits in Europe but you are a US citizen no regulated broker in the world will open an account with you. You cant even trade FX with IB. Your only viable choice is Oanda.
  2. J

    How is retail day trading anything but a gamble?

    Every thread on Elite Trader ever 1. How is day trading not gambling? 2. Technical analysis is mumbo-jumbo 3. Trends only exist in retrospect 4. Brokers always f- you.
  3. J

    Back to Block Dealing in FX

    https://www.risk.net/awards/7187461/currencies-flow-market-maker-of-the-year-credit-suisse Interesting swing of the tide on the institutional side
  4. J

    Have I just been lucky?

    Ok bearing in my mind that I traded options like once in the past decade ( I bought deep in the money DIA puts at ~270.0) that I hate the product and truly suck at it - the one thing that I really like about this strategy is turnover. The trader is achieving leverage in 2 ways - the first way...
  5. J

    80% of funds underperform the market?

    I think we are talking past each other. The original post was the 80% of managed money loses to the index. Your point is that this is comparing apples to oranges because the Vol is very different in the hedge fund world. The article I posted is that the vol is hedgies is different because they...
  6. J

    80% of funds underperform the market?

    The article refutes everyone of your points. hedge funds dont produce any less volatility than a 60/40 portfolio and produce basically the same return. So yes they have less vol but also much less return than SPY in the long run. The markets are just too efficient. Very few money managers less...
  7. J

    80% of funds underperform the market?

    Your argument is total bullshit http://www.newyorker.com/online/blogs/johncassidy/2014/05/how-hedge-funds-get-away-with-it.html?utm_source=www&utm_medium=tw&utm_campaign=20140515
  8. J

    Housing has bottomed?? Fools and Idiots think the bottom is in.

    Can you please list the source for those numbers? TIA
  9. J

    Looking for 5-10 min mean reversion trades

    If you actually listen to the video I make that very point which is why I trade this setup with 2 stops and I am out. If the series continues to trend I will abandon any more attempts to fade that price leg and wait for a new swing to form. Boris
  10. J

    Kathy Lien and Boris Schlossberg

    I have traded equity and futures and options for 20 years FX only since 2004. Devising a successful model for advisory service that can be implemented in practical manner by traders from Miami to Mumbai is very different from trading for yourself - something that I think a lot of people who...
  11. J

    Kathy Lien and Boris Schlossberg

    Every trade we made is documented in a real trading account. As you notice I have never denied any losses we made in the past, we take responsibility for all our trades. As a matter of fact we just hit our first loss in 22 trades on a GBPUSD long last night. Your utterly false...
  12. J

    Kathy Lien and Boris Schlossberg

    The trading style from 2006 versus our performance in 2008 is markedly different. Your experience in 2006 in no way reflects the experience of subs in 2008 we made major improvements to out approach. Currency Direction Entry Date Price In Time Entered Stop Price Out 1 Time Exited 1 Price...
  13. J

    Kathy Lien and Boris Schlossberg

    True that but timing tops and bottoms is almost impossible effectively and is generally a mugs game. It 's true that you can have high return with low risk occasionally, but not consistently - Bernie Madoff pretty much put that thesis to rest :).
  14. J

    Kathy Lien and Boris Schlossberg

    That's what I believe after observing markets for more than 20 years - but I am always open to any new ideas. Also risk while I appreciate the intellectual exercise of trying to improve our trading method, we are not soliciting ideas here. Having banked 21 straight winners in a row, the...
  15. J

    Kathy Lien and Boris Schlossberg

    Actually that's totally false. I went back and checked for the past six months and in more than 60% of the time the price moved not only beyond our breakeven but beyond the -30 stop that you suggest rendering the whole trade a loser. There are only two possible payoffs in trading - high...
  16. J

    Kathy Lien and Boris Schlossberg

    We have not, but after doing this more than 100 times this year our general sense is that once it retraces back to entry the tide has turned against the trade. There are no perfect strategies in trading, so we just try to follow the most probable path.
  17. J

    Kathy Lien and Boris Schlossberg

    Let me explain by using the latest example. December 10, 2008 4:20PM EST ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Short USD/JPY a market (now 92.61) Stop at 93.21 Buy half back at 92.31 Buy back rest at 91.25 The US trade balance is due for release tomorrow and we think that the data will...
  18. J

    Kathy Lien and Boris Schlossberg

    Approximately 75%
  19. J

    Kathy Lien and Boris Schlossberg

    We consider that type of trade as +30 on 1st half - what we call T1 and breakeven on the 2nd half (0) sop we consider that the trade made +30 on the whole position.
  20. J

    Kathy Lien and Boris Schlossberg

    Please repeat it I didn't understand it.
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