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  1. W

    Forex vs. Stocks

    Currencies are HEAVILY manipulated during the "slow hours". it is not true that they cannot be manipulated study any forex chart. look at EURUSD for example. DURING the time when it's not active trading hours (currency pairs trade 24 hrs, but depending on the pair- they hav different...
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    YM Traders

    i "almost" agree. i daytrade YM. it's what i do. love stocks. do a little daytrading, and a lot of INVESTING (longer time frame) in stocks, but when it comes to daytrading/scalping, nothing beats YM for consistent profit taking opportunities imo. (except for the Nikkei in the last few...
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    How do you pay yourself?

    i think that - in general - you will find that successful traders are "rule based" in this respect. the way that they handle money, and the way that they treat their trading as a business - is totally different than the way most traders trade. just because you can, doesn;'t mean you should...
  4. W

    trading in Emerging Markets.....

    for pete's sake if u want to trade japan via futures trade through singapore 5 pt spread $5 a point (approx). excellent liquidity i;ve been doing it for months. love it if futures are beyond yer speed than use mutual funds or ADR's it's not rocket science historically...
  5. W

    The Stock Market is for Suckers:

    cuban is a smart guy, but he is wrong it is NOT a ponzi scheme companies grow in value the underlying basis for the worth of a stock is the company beneath it so, it is not a ponzi scheme. because these companies have intrinsic value and that transcends the short term pump and dump...
  6. W

    How do you pay yourself?

    i agree. that's how *i* do this. i am not saying it's the best way. it is a good way to ensure CAPITAL preservation 90% + of traders blow out their accounts think about it it is not through lack of analytical ability imo it is mostly through emotion/poor money managment (which...
  7. W

    Long vs. Short ratio

    i always (ALWAYS) hold @ least 25% of my overnight trades in stocks as shorts i daytrade almost exclusively in futures (index) and probably work out to be about 50/50 long/short. i just trade wherer the market tells me to. no bias either way
  8. W

    How do you pay yourself?

    i use my futures account for income. (even though I have another fulltime job) each week, I extract profits on friday via ACH my futures account is never allowed to get over 15k... i like to keep it between 5k and 10k, which is more than enough to trade 1-3 cars of YM this way, if I...
  9. W

    Great non-trading trading books...

    any books on game theory.
  10. W

    Graphical Trading

    i heard that Realtick has this feature
  11. W

    Goal Checklist for Struggling Trader

    #1 focus on your setups - NOT the results that is imperative if you focus on the setups and your execution, the money takes care of itself. don't focus on the money. #2 have a strict gameplan as to the setups you use. and trade ONLY those setups this is a business, not a hobby...
  12. W

    trading without charts...suicide?

    ALL CHARTS are is a visual 2d representation of price over time anybody who can follow order flow and is reasonably mentally quick can trade without charts im not saying it's optimal, but for some, of the scalper variety, charts can be more of a distraction than a benefit i know a guy...
  13. W

    TA or scalping?

    and fwiw, we need to define terms here price/tape, etc. *is* TA TA is the study of PRICE price can be placed in a 2 dimensional format and plotted vs. time this is called a CHART it can be also plotted in different ways P&F charts for instance, or tick charts (which plot price in...
  14. W

    1% a day consistently: possible?

    interestingly (read the book Taboo by jon Entine) not a single person in the entire world has broken the 10 sec 100 meters who is not of west african descent. running is a universal sport, yet only one group has ever achieved that pinnacle, and they have done it representing countries from all...
  15. W

    top 1% vs bottom 50% (US wealth)

    "Interestingly, the only way out of that trap is redistribution of wealth - from wealthy school districts to poor ones" false since that assumes that the solution to poor schooling is simply spending more $$$ which is shown empirically false time after time catholic schools, for...
  16. W

    TA or scalping?

    dood. your humour meter is broken he was joking "tape is obsolete - CD rom..." fwiw, tape reading is very helpful for a scalper. if u are trading really quick moves, very short time frame, then tape is especially useful i know one guy who can (and sometimes does) trade ONLY with...
  17. W

    updating thoughts on Ninja Trader

    I tried out the demo of Ninja and it is nice, but... I can't see the value added such that it is worth the cost vs. bracket trader or zeroline trader. for some, maybe it is. but it simply is not worth it imo
  18. W

    IB Suggestions & Improvements

    fwiw, the cash market is now again closed so i'll tweak it tomorrow, but it was still displaying whole #'s on the portfolio window and the graph under CHANGE, it displays the fraction, but under the value change, it displays whole #;s
  19. W

    IB Suggestions & Improvements

    my charts are not the problem since they go to the 100th decimal place on all sorts of other instruments my preferences are set to display '$ value" and calculate based on last price, but the item still graphs and shows on the portfolio window as a whole # for some reason, change is always a...
  20. W

    IB Suggestions & Improvements

    Jim, that does work thx one minor prob lem is that it rounds the change down to whole #;s so right now, the differerential is 1.73, but it graphs and reads as "2" hmmm im not sure there is any way to change the "change" column to reflect fractions is there?
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