Search results

  1. M

    KS96's in da house $

    Right, balance area in ESTX, could test support between 3220 - 3229.
  2. M

    The best advice for a Prospective Trader

    Right. You have to learn to lose in order to win, but do it with you own money and not with money you or somesone else can not afford to lose. A lot of traders lose big times because they are not able to lose how they should. They can not accept losing which is a big and important part of this...
  3. M

    Comparative Advantage

    Exactly, this could be a comparative advantage and a reason for my profits. :)
  4. M

    Comparative Advantage

    Fearless, sorry you really do not get the point. "'Comparative advantage" has absolutely nothing to do with how long you are in which market or how you call what you do (mining or whatever). But it is really interesting that it is so hard for so many to grasp this concept. And it seems to be...
  5. M

    Comparative Advantage

    Larry Harris uses the term "comparative advantage" in his book because - as he writes - trading is a zero sum game. That means the winners gain from the losers. For sure, it is not easy to grasp ones comparative advantage if there is one (for most players their is a comparative disadvantage)...
  6. M

    Comparative Advantage

    What do you mean with "mining"? Scalping? Or data mining - stat arb?
  7. M

    Comparative Advantage

    Fearless, I guess a lot of traders - even very successful pros - do not know their comparative advantage and it becomes much harder today than it was perhaps 20 years ago. In the pits you could say my comparative advantage is that I am taller than most other guys there, be more pushy, know all...
  8. M

    Comparative Advantage

    So, you are profitable (almost) everyday and do not know your comparative advantage? For how long do you make a living trading?
  9. M

    Comparative Advantage

    Good to know that big swinging dicks do not become an endangerd species. Makes it easier for me conceive my comparative advantage. :p
  10. M

    Comparative Advantage

    "The most important comparative advantage that a manager or trader should have is a thorough appreciation of the need to have a comparative advantage. Traders who do not understand why comparative advantage is important will not consider whether they have a comparative advantage before they...
  11. M

    Multi-price Flipping. Rotter?

    As far as I know they thought about introducing 0,5 cent increments, but that could narrow the spread by 50 % and then making it harder for market maker/ dealers to provide profitably liquidity which would widen the spread again.
  12. M

    Multi-price Flipping. Rotter?

    Why a shame? This kind of flipping - or let's say bluffing - sucks liquidity and that's not good for the Eurex and a lot of market participants.
  13. M

    U.s. Treasury Secretary Arrested In Germany

    Seems to be a canard. Couldn't find anything like this story in German news wires.
  14. M

    Day trading European Stocks?

    Try interactivebrokers.com
  15. M

    IB - money market

    guys, markets are slow, therefore I do the typing: This is really ridiculous. Why are you not just asking IB helpdesk? They should know the answer.
  16. M

    Poll: Do you need to be a genius to be a good trader?

    I think intelligence is one of the most overrated human qualities. And that's especially true in trading. Perseverance and resilience are far more important as success factors - not only in trading but in most aspects of life. And by the way, I was not surprised that it was John Meriwether...
  17. M

    Market Profile -- who needs it?

    It happens not too often to read posts like these. Thank you guys. I have used MP the same way for just one year as a kind of supplement (use bar charts and p&f too). And I think it is very heplful to plot your own MP chart down during the trading session. I read "Mind over Market" two times...
  18. M

    IB bracket order problem with v865.5

    Why don't you just open a ticket and downgrade to TWS 864. Sorry, but that makes more sense than posting at ET...
  19. M

    Making it?

    In the markets it is like everywhere else in nature: It is all about surviving. And getting bigger seems to make surviving more probable. Therefore growing is important. Growing fast is good, growing too fast harms your resources. It is about growing in a controlled manner and step for step...
Back
Top