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how boring are your holidays? sky diving? white water rafting? mountain climbing? scuba diving? snow boarding? chasing ladies? there is way more to life than a computer screen!

What's the point in making money, if you don't give yourself the time to enjoy it. I have 4-6 weeks off every year to spend holidaying with my family - no computer, no markets, no newspapers, no trading. The markets will always be there, with profits waiting to be taken. You're not going...

85% down over the first 6 mths of trading - expensive education, but worth it. I traded out again without additional capital in the following months and never looked back. I think draw down is just the market teaching you a couple of things. I think most people don't stick around long...

I think that it may be more important to know what will happen when OPEC doesn't want to be paid in USD. Russia is already decoupling their oil from the USD, Iran is keen to as well. That will proved a testing time for the administration. pneuma

85% drawdown over 6 months, and traded out of it again without additional capital.

Aust CFD providers: Marketech provide free and $5 Most others are $10 or 0.1% see http://compareshares.com.au/CFD_costs.php Now I've shown you mine, can someone please tell me about prop firms. pneuma

I can't comment on prop firms, so i can't compare. I would be interested in a comparison of you could provide one. I can get commission free CFDs, as well as $5, $10 and 0.01% brokerage. Number of stocks is no problem, as all liquid stocks are available. I only trade highly liquid...

Humm, I tend to agree. I personally don't care if the market is random or not. My profit curve is in a significant up trend, and has been for quite some time now. Let them argue the semanics and we'll just get on with the making money. How can I put this succinctly - there is more than...

Ask about the platinum and palladium ... :eek:

I use GET, one of the Saxo platforms. I hear good things about IG if you want to stay with a MM, simple and web based. MF for DMA but their platform can be tricky. pneuma

If you believe that, then you are going to stay scared pal. Are you trying to telling me that you are going to trade all market the same way - give me a break. FX is different to stocks, the US is different to Oz, 2000-2002 is different to 2005-2007. Different tools for different jobs; a...

A successful trader is smart enough to develop a system and dumb enough to follow it. An unsuccessful trader is either: too dumb to develop a system OR smart enough to develop a system and dumb enough to second guess it. That is the quantum leap that 90% fail to make. 'Zanshin' is the...

Oddy, edge efficiency comes and goes. Those that work well in a bull market don't work now. It's not that they are useless, but more that they don't reflect the current market. You need more than one way to screw the goose, because different market require different edges. If you are...

Your information is incorrect. There are CFD providers that will place your order directly into the ASX - Man Financial, Marketech, First Prudential - see http://compareshares.com.au/CFD_features.php You can trade with a market maker OR with DMA. With DMA you get the market price, and you...

There are plenty of CFD providers that are direct to market - not market makers. It is just like trading stocks with 10:1 leverage like a margin loan. The commissions are lower 0.1%, there are holding costs (cash rate +- 2% usually just like margin loans) and there is more versatility than...

Hey that sounds familiar - multiple un-correlated systems - I think is the term I have used in other threads. see http://www.elitetrader.com/vb/showthread.php?s=&postid=1735531#post1735531 So MAESTRO has 200 intraday auto trading bots/ mechanical systems/ games (call them what you will) on...

They would be two separate examples of how one might start to write their rules. But thanks for the clarification.

You need to, with a pen and paper, decide what characteristics your trend has. Eg todays 200 day moving average is higher than yesterdays 200 day moving average. The 100 day moving average is 15% higher than the 200 day moving average. etc I have coded a custom indicator that uses...

the4xczar, Mate, the US need only do one thing - slash the $500 billion military budget by 80% - close their international bases and stop the wars. Everyone know that that cash can be better spent - national debt, health care, education, bio-fuels, tackling greenhouse emissions ... And...

... that's the truth of the matter.