What I mean is that your entry and (subsequent stop) was at a price that was probably traded by a lot of other retail traders and resulted in your stop being bunched around others in a similar position. It doesn't take to much calculating to figure out which price levels most of the volume...
Yes, if I was the OP I would look at 1) can I improve my entry to the point where my stop is at a safer level without taking more risk or 2) is making the stop wider worth the extra risk to make sure you are really wrong. More than likely if he just moves his stop without improving his entry his...
Well, when there are 500 1-2 lot stop orders all around the same price it is a different story. His problem is that his stops are bunched up with other orders at an obvious level and he is getting swept out along with the rest. It is not paranoia but is an indication that where the stops are...
Yeah, Don said if he were trading his full size during the flash crash it would have been potentially a high 6 figure - low 7 figure loss. Ouch. I think it scared him more than he let on and caused a crisis of confidence. He substantially reduced his position sizes after that. I think it...
Simply put: He ran out of new things to say (according to his last post) and was probably a little tired of keeping it up going forward. It is a lot of work to keep up a blog like that and trading full-time. I guess he reached the point where the continued effort wasn't worth it.
The most I know about this case is there is a hot redhead in 100 pictures all over the internet. That seems to be the MSM's (only?) interest so far. These people did not make very good spies it seems.
Reminds me of MF Global unwinding that unauthorized short position in wheat back in 2008 also. They caused it to go limit up trying to unwind the position. DOH! Could you make it any worse than it already was? Guess so.
I don't think you can really blame the trader tasked with exiting the...
Thanks. Great info. It sounds like HSI might actually suit my trading style a little more than HHI. I've sim traded the K200 vs HSI and HSI was hands down better than Kospi for me. I hadn't really heard much about the HHI before so that gives me another one to compare against. Maybe I'll start...
I'm not very familiar with the HKFE so can you tell me what is the difference between the HHI and HSI? How would you compare the two contracts? I've always heard that HSI moves like a loose fire hose and is very thin at times. Does HHI have a similar profile? Thanks.
Just to underscore the obvious, here is an example of a company asleep at the switch. Below is an image of Pocket PC 2000 forerunner to Windows Mobile (left) compared with Windows Mobile 2008 (right). There is absolutely no doubt as to why Microsoft failed from looking at this and I wonder if...
Yeah, I was surfing the web on my phone 5 years ago with Windows Mobile and thinking wow this is really cool can't wait to see what they come up with next. I'm still waiting...:)
Is that a smiley face button on the keyboard? really? that is sad and no wonder Apple is kicking the crap out of Microsoft lately. Microsoft has only been in the mobile phone business for 7 years or longer now and this is the best they come up with. I had a Samsung phone with Windows Mobile...
IB DOM vs OEC
Maybe it is just my TWS because I can see the the DOM correctly on another instance of TWS. Who knows... but it also is showing this way on BookTrader too. I hardly ever am trading this late anyway and thought it was just strange to see this. Must be time for another beer...:)...
wow, the market depth is really lopsided tonight. only a handful of bids on 1018.25 and no more bids until 1021.75. this is some pretty wild price action for the after hours session.
edit: Ok, I see it is just an issue with the IB DOM. I can see the bids below 1018 on OEC. for a minute it...
Portland police re-opening Gore investigation -
http://www.washingtonpost.com/wp-dyn/content/article/2010/06/30/AR2010063005127.html
Paging Mr. Stone :)
or the real Nick Leeson either...
<img src=http://www.quotenet.nl/Essent_Nick_Leeson_onzinverhaal_medium.jpg>
Seriously, when have you ever been drunk and thought, hey what the heck let's go buy 7000 lots of oil and see what happens? this sounds really suspicious. Now if he would have said...
So, in essence, you are taking the same position Jeff Skilling did when running Enron and every other major firm on Wall Street. How's that working out? BTW the study was commissioned by The Federal Reserve. Quite the Marxist organization, no?