Search results

  1. L

    For those that make 4 or 5 grand a day net

    You underestimate the money you can make without taking on massive size. If you trade Bund/Bobl/TNote with the right equipment and support, you can quite easily make $5k in a day with nothing more than a 20 lot riding at any one time. If there is enough data coming out and Mr Rotter is...
  2. L

    do you need a career coach?

    Batman- exactly how old/experienced are you? Also, what exactly is your field of expertise? I'm bored and so took a look at your post history and you seem as though you are very new to this game and you also mentioned that you are a student. I'm not here to be abusive, I just want to know...
  3. L

    Single instrument traders, how do you hedge?

    Most futures traders, me included, would accept that as part of the risk and nature of the game. If I hedged every trade, not only would I miss 60% of the opportunities I pick up on, but you also have a negative impact on your potential/actual return. There's guys that make the best part...
  4. L

    Single instrument traders, how do you hedge?

    drukes1234, A lot of people on here trade intra day from what have seen, hence hedging isn't an issue as you'd simply just close out/reverse a position if something fundamentally flipped out. Obviously, if you are trading futures, days like Sept 11 or any other 'shock' event that...
  5. L

    Didnt get required marks in a class - really hard to motivate myself

    If you can get this down in the mouth and unsure of what to do after failing one exam, maybe you ain't got the right set of marbles to be punished by the market until you get to the stage where you can make money. No exam is going to teach you how to trade and you can be a complete retard yet...
  6. L

    Market Profile Discussion

    fbutera, MP was my core tool when trading Bund/TNote futures intraday and certainly highlighted some very key levels which would get missed on a candlestick chart. Absolutely the best trading tool, probably more so because EVERYBODY looks at it who is trading Eurex/CBOT bond futures...
  7. L

    Just hired

    To the original poster- good luck with it all but the deal you are getting is not actually that great compared to what you would get at most prop shops. For a start, like someone else mentioned, you shouldn't be requied to bring any money to the table and your cut should be 60/40 in your...
  8. L

    So if the price of rice doubles in the next two years....

    ... what stocks are worth buying in order to capitalise on this? Also, what exchange are rice futures traded on? I'm assuming there are different grades of the stuff too... I'm not about to jump in on anything, just puting the feelers out.
  9. L

    Terrorism in 30 years time

    Was looking at investing in and around the Airport industry the other day and I got to thinking about the immeasurable risks of a 'shock' to earnings or whatnot, specifically from acts of terrorism that involve air travel. Ended up in an hour long thought process which lead to a couple of...
  10. L

    Why do analysts publicly post their upgrades /downgrades ?

    Just wanted to say that I agree, to a great extent, with what Suss has been posting. Suss, you have been very patient and transparent trying to explain the logic behind why the vast majority of broker calls are legit based on what their research suggests. The responses of some of the people...
  11. L

    Fibonacci - How does it work - Does it really work?

    There is a fair argument that Fibs are a valid natural pattern which tend to also occur in markets more often than not. Like most of the posters here, I think they are useful, and should be paid attention to but not at all any kind of support/resistance level to hang your hat on without any...
  12. L

    can i retire in 5 years starting with 5,000$ ?

    late apex, you've got me curious about adding some diversity to my investment (rather than trading) portfolio with this. Are you telling me that there are reliable investment managers, hedge funds or otherwise, that will offer you capital protected management with a guaranteed rate of return...
  13. L

    can i retire in 5 years starting with 5,000$ ?

    Mr Double, What if, for argument's sake, I gave you $10,000 which is capital protected i.e. worst comes to the worst, you owe me $10,000 and all I want out of you is 15% return p.a. on my capital and then you can keep 90% of the rest of whatever you make, even if you turn a profit of 100000%...
  14. L

    can i retire in 5 years starting with 5,000$ ?

    I really wanted to get on with something else today but this thread has made me giggle numerous times. I just love the confidence of those that haven't ever been through the realities of a genuine career in trading. I'm not here to rubbish the dreams of any of the people who want to...
  15. L

    My Edge and daytrading.

    At least you realise it is YOU who is at fault and not necessarily your methodology. Most unsuccessful traders don't even gat that far. Dropping decisions made on emotion is the hardest part of making consistent profits- keep plugging at it and maybe even drop your size a bit and tell...
  16. L

    Trading in the Zone

    cmaxb Thing is, once you have rolled in your 'intuitive' abilities with whatever systematic rules you have, it wont necessarily be boring with a little green light going on when it's time to do something and a red light for when to stop. Depending on how you trade, and from what you say...
  17. L

    Biggest amount of money won/lost at a prop firm your ever saw

    Seen a guy make GBP300k on Euribor trade that ran for 7hours. Probably more emotional was watching a guy refuse to cut a GBP20k+ position and turn it into -GBP90k. That was one shit day. I was nicely in the red too.
  18. L

    Crossroads- Take a cruisey job in risk or take on global fixed interest role

    I'm in Brisbane. No prop jobs here I am afraid- connection speeds too slow (to Eurex/CBOT/CME), futures markets dont move as much/have the volume of Europe and U.S. and it just doesn't seem to be something people believe in. I'm sure there are quite a few self backed traders sitting at...
  19. L

    Crossroads- Take a cruisey job in risk or take on global fixed interest role

    I'm putting this one out there because I really am not sure what job would suit me the most at this stage in life/career. I'd really appreciate it if people would share their thoughts based on their experience in any of these roles. You need a run-down on the situation, me and my motives...
Back
Top