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    Ways to Pyramid (Adding to winning positions)

    Assuming you can tell when you are right in the early going, I would suggest adding on the reactionary moves against the primary direction (your bias). No need to pay up when someone is willing to sell it for less. I suggest doing this in decreasing lots in an exponential way. A simple...
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    Other Markets to Trade -Evening Hours

    Bund currently opens at 2:00am eastern time. It is one of my all time favorite contracts! You could easily work a 100 contract order without any real effect on the market. European markets are moderately different in nature than the US markets. They tend to have bursts of activity, and then may...
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    quant Vs technical traders

    Both methods can be very rewarding. This has been proven countless times by long-term consistent winners in both camps. Is one better than the other? I would say not really. Yes the quants have a better success rate because they are exploiting inefficiencies. However in my opinion the...
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    Other Markets to Trade -Evening Hours

    Be careful with the asian markets. They are wild and the mid-day break is practically like holding overnight. Also if you use IB you'll be out of luck for the asian morning session as their maintenance schedule will prevent you from being logged in for the last 45 mins of the morning session...
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    a rare marketsurfer stock pick

    My analysis shows that today we had that lovely "invisible hand" of mutual fund propping to keep this market floating. I let this market chop its way around today instead of trading it given these indications. The natural flow of the market was interrupted by powerful buying and support today. I...
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    this is driving me nuts! ES ES ES

    My suggestion is to read the tape a little closer and refine your entry, but always make your exit dirty (pay the spread). If this is a real problem then you need to look to capitalize on bigger moves (3-4 points +) in order to make the slippage negligable. Goodluck,
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    IB Mini Dow trading?

    Guys keep one thing in mind when asking: Why the mini-dow? What happens if globex goes down (and it does!). You are in an ES/NQ trade and things start to move against you....... Time to hedge with: The mini-DOW! The reason I love the mini-DOW is because it makes hedging another index...
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    If 80% lose why you think you can make it?

    Totally agree. The problem is the intelligent/book smart person doesn't like to be wrong. I struggled with being wrong for a long time in trading, the mechanics of my methodology worked *most* of the time. There were setups that were textbook that would go wrong, and I kept my risk in check but...
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    OPEC really pisses me off !!!

    You tell me which scenario you would be better off in. Which one provides a more "free" market environment that anyone with proper resources may enter and compete. A. Age of robber-barons during industrial revolution (in which about 4-5 families controlled 80-90% of this countries...
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    Nikkei 225

    After further study I personally have decided I will not be trading in asian markets. I find the mid-day break to be very difficult to work around for a short-term daytrading strategy. One of the principles of my short term game is being able to get out quickly, and this break prevents this from...
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    OPEC really pisses me off !!!

    I think the reason I hate OPEC is due to the fact that they are a CARTEL, manipulating one of the world's most important resources. I am disgusted by price fixing, and as traders I hope you are all disgusted by markets that are not open and are controlled by a very few special interests. The...
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    Global Arbitrage

    I've begun trading eurpean futures for a few days and I must say there are definite *apparent* correlations between various instruments in different overlapping markets. Generally these are tip-off's to the legitmacy of one instruments move during the overlap by looking at how the other is...
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    Next step in a newbie's quest for glory

    I think peter has a solid suggestion, I would go so far as to say make sure you are fantastically profitable on paper with very minimal risk and drawdown before moving into real money trading with forex. The real tricky part to forex which will not show up in paper trades is the leverage, you...
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    Question about G7 and the dollar

    Basically my interpretation is the U.S. will allow the dollar to free fall quite a bit, which is very bad for domestic companies who do not export, but good for companies who export most of their goods. As far as the stock market is concerned, a falling dollar is no good. If you were an...
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    Nikkei 225

    Yup you have 2 hrs and 45 mins on the HSI to put something together, otherwise you are sitting through lunch and a possible gap. This market is like the wild west, a real ride, but I'm just going to watch for awhile and not touch the hot burner. To give you an idea the HSI contract is 6.xx US...
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    Nikkei 225

    I believe in theory it can! I need to do so more research on the HSFE to see if they have to open it back up at the same price is paused at mid-day, but even i they do, if something went wrong mid day, there would be no liquidity for you at the reopen, and it would instantly go to where the...
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    Nikkei 225

    I'm looking into the asian markets, specifically futures. Trying to expand my horizons past the US markets. My cursory research shows the nikkei 225 can be traded on a short term basis without too much slippage. Right now I am looking at the hong kong index and it also seems quite tradeable. My...
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    TA guys, Look at this chart.

    In my humble opinion I would not short it at this moment, there is liable to be a rally in this area, and I hate being under water right out of the gate. Of course I'm wrong all the time, but what are the odds this train keeps going straight down to target levels without pulling back? You do the...
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    IB: When do Day orders get cancelled?

    def can probably provide a def-inite (hehe sorry had to) answer to this, but I believe based on my experieces that day orders are closed out at end of normal market hours (for U.S. stocks this is 4:00 pm). I would suggest using GTC orders to avoid any issues with markets officially closing and...
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    Looking to hire a few traders...

    Trade-ya I do understand your position, looking for the near "sure-thing" based on quantifiable and statistically proven research and development. I don't question the viability of some of these strategies for making spectacular investment choices, and I do wish you luck on your venture. I just...
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