Search results

  1. M

    Who are flippers? What they do?

    they place huge orders on the bid and offer. they pull their orders and put it on the other side. eg. huge order to sell 2000 bund on the offer. people sell because of the herd mentality. the guy pulls the 2000 offer and puts 2000 on the bid. the people who sold say "*****". they...
  2. M

    What energy market is the best for daytrading

    WTI on IPE or Brent, the mini on CME Globex is too thick for my liking personally. a lot of spoofing in the WTI can be tedious, I like the Brent, the spoofing is hilariously obvious and it follows the WTI, which gives a nice edge. you can listen to Nymex's awesome pit squawk too. a lot of...
  3. M

    Energy traders: What do you read?

    theoiltrader.com isn't bad. but like the others I mostly look at the price and assume I'm behind on the news.
  4. M

    How much money is out there?

    takes 5-10 years so unless you start at 13....
  5. M

    Why Millionaries have residency on Monte Carlo?

    spent some time there as a younger man, it's cheaper than you think. you can get a 1 bedroom apartment there for prices similar to London. most people don't live there the 183 days a year. they employ cleaners to switch the lights on and off and put the occasional pair of socks in the tumble...
  6. M

    Why is AUD so strong?

    expect a Q4 Oz rate hike. AUD is a leading petrocurrency (self explanatory). also, USD weakness generally re euro, yen, GBP. technical uptrend to on the daily chart.
  7. M

    It is IMPOSSIBLE to make money in the markets

    it is impossible to do anything if you have thatkind of limiting belief.
  8. M

    new strategy born out of frustration...

    hmm, you're entry doesn't really matter, it's your exit. but in this case even your exit sucks. try it with a 30 pt profit 10 pt loss.
  9. M

    Good Commodity Advisory Service ?

    goldman sachs have an institutional site for members which is good for metals and energy - has technical and fundamental information well presented and researched for a price. as for soft commodities, they get less of a mention but are still included.
  10. M

    EurexUS has no volume ???

    Eurex computer system favours European Union and Swiss players if there's a slowdown or a freeze due to fast market. the European traders get the freeze but the non Europeans don't so they will lose out. also Eurex was formerly Deutsche Terminborse and did mega business in Europe as an...
  11. M

    Elite Money Advice Sought

    if she's guaranteed 150k payments and she's old (with respect of course). she might want to issue bonds that pay 150k a year for say 5 years and just take the lump sum now. a lot of pop stars do this - they reckon their albums will provide a steady stream of income for years to come but want the...
  12. M

    What's your Strategy?

    can make 10-12k euros a month trading simple 1 min. stochastic pullback system on pretty much any fixed income (especially good - treasuries) with 10 lots. gave it up to scalp oil futures though. think there's more money in that if you get good.
  13. M

    Why do you want to be a trader?

    didn't want a job where I had to have any contact with the public/morons.
  14. M

    favorite guitar solos

    Little Wing is good. Cause We've Ended as Lovers by Jeff Beck from the EVH catalogue I'd pick I'm The One cos it fits the song so beautifully
  15. M

    Does Trend Following Work?

    Richard Dennis method works. he turned 4 grand into 200 million in 18 years. the turtles he trained made 450m in a few years. others have claimed 300% annual return if you abide by the rules.
  16. M

    How to profit from the Japanese new(?) interest raste clycle

    cos euro rates will go up. and will go up faster than jap rates if the BoJ as euro inflation is worse, euro growth is satisfactory and ECB statements are much more hawkish. whereas the Fed are dovish. Goldman were taking a short eur/yen a coupla weeks ago with a stop about 146, got...
  17. M

    How to profit from the Japanese new(?) interest raste clycle

    or you could go long yen vs dollar. that way you take advantage of their rate increases and the rate cuts in the US.
  18. M

    Define the word SYSTEM as it relates to your trading

    if you have a system you have a pre defined signal, entry, stop and exit for every trade. if you don't have a system you don't have a pre defined signal, entry, stop and exit for every trade. automated or not doesn't really matter. people had systems way before computers were invented I...
  19. M

    Are you Cold Blooded?

    cold blooded about trading, I just wait for the signal, hit market, put in my stop and exit and my eyes glaze over. I am less emotional than in the past. Was going through turnstiles at Victoria station in London a while back and I dropped £20. In the past I would have been pissed off about...
Back
Top