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While I agree with your assessment of the MBA paradigm, I don't think you're in a position to invalidate what more education has to offer. Simply put, because you don't have the education, you don't know what you don't know. Lets leave that discussion to another thread and talk about what it...

You might like some punk/metal/emo power ballads: http://www.youtube.com/watch?v=b0-jUDsosmg&feature=related Same band doing a decent Guns and Roses cover: http://www.youtube.com/watch?v=TioQRm1RiME

Some of - if not, the best *real* metal was made by this band. Period. http://www.youtube.com/watch?v=E8xV-McgLG0&feature=related http://www.youtube.com/watch?v=E1aT-38MMOU None of this fast/schizo/death~goth/screaming shit. "Metal" from the last 10 years has just been shitty overall...

Cold, Since I feel kinda bad for you, let me explain something to you: Imagine a desk, any desk. On your desk you have a piece of paper right in front of you - that is where your immediate attention is. On the desk sides/top are papers that you will *likely* use in the near future. In the...

If you live near the coast, get in the water. Me at my local spot near San Fran: http://norcalsurfphotos.smugmug.com/Surf-Photos-2010/San-Francisco-1-16-10/10965116_XFrR4#766359871_cjEiL-A-LB Lots of fun and keeps you in good shape. Always lots of competition at the quality breaks but...

OP, do you have access to CFD's via a UK broker? Say one wanted to trade an intraday strategy on UK stocks but the stamp tax was a major obstacle, would you have access to ways around the stamp tax, i.e. commissions comparable to 0.005/share?

You're right, sorry. Do you remember what the IV was for those puts? Out of curiousity, given your strategy, what would've been the right size for that trade?

Neke, for the BIDU trade in question, you bought $147.3k worth of puts that day, correct? If so, that's a substantial difference from a $6k position, notional value aside.

Aren't you the same guy who polluted the "How to Research and Verify Trading Ideas" thread? Weren't you constantly harassing people in that thread all the while contributing absolutely nothing? Frankly, you sound like a troll. Based on your last statement; you obviously don't trade a...

To your first point; yes, I know that and my allocations are wieghted so I don't get too hurt when everything goes to shit. I have bad days just like everyone else. To your second point, risking 1/3 of one's account on one position is poor risk management. You will not find a single...

Are you familiar with notional value?

Well, in my book it is that simple. 30-1 leverage on one position is definetly reckless, no matter the trade. That's just begging for pain or a blow-up. FYI, I trade intraday only and my position size is never more than 3-5% of my account. Granted I'll have 100's of positions on occasion...

Yeah, in part and that's what I'm trying to point out. Trading options on expiry isn't wrong and using discretion to determine "overbought" isn't necesarily wrong either. Now, 300 contracts (wasn't it 12mil notional or something like that?) on a 400k account is wrong... the size is what is...

Let's try to distinguish between what was "right" and "wrong" here. If its a good expectancy trade, then who cares about the "wrongness" of it? One man's right is another man's wrong... Taking the trade in itself wasn't reckless, its the size and risk management that was reckless. That's the...

What is this; the "would'a could'a should'a" thread? Come on now, the flaw in neke's process has nothing to do with trade selection. He obviously has edge there so don't start second guessing what isn't broken. The issue here lies in overall risk management and percent risk per trade. If...

I agree. Most of these backtests appear to have several serious issues. 1. For the ES I've found 6.25 per side is good for slippage plus 2.40 for commissions. So your looking at ~$18/per round turn minimum as far as costs go. This number will be higher for less liquid contracts. 2. I see...

You hit the point square on... even with automation, the trader must follow the rules. This takes time. If one truly commits to the process, good behaviour will encourage good behaviour and longevity+profits will follow. Foremost, someone has to want to change their habits. Creating good...

You can write your own using this as a template (if you have some programming knowledge): http://code.google.com/p/tradelink/ Or, you can use the below for a small one time fee: http://trade-commander.com/twslink/twslink.htm Mike

There's nothing wrong with requesting it. My concern is that you're requesting it after the fact, and, the "behind the lines" meaning of what you're saying. Its been a few years neke and I've been watching your progress for a while now. This "abnormal large loss" issue is a consistent event...

This is BS. Assume responsibility for not controlling your risk. If anything, you should be disappointed in yourself for not planning prior to, and, enforcing strict risk controls during the BIDU trade. Anytime I hear someone complaining that an external issue can somehow resolve their...