Search results

  1. J

    Kathy Lien and Boris Schlossberg

    Laetitia decided to leave trading after the show.
  2. J

    Kathy Lien and Boris Schlossberg

    We will be updating MT and it will be coming out in paperback form sometime next summer. For the record we trade our own money for our signal service www.bktraderfx.com We are up 20% cash on cash this year with more than 2000 pips banked generating 10 out 11 positive months. I trade...
  3. J

    Currency traders - help?

    The difference is that psychologist gets paid whether he is right or wrong
  4. J

    "Always be fading"?

    The fact that some of those guys cheated does not give them an edge. It just means they were criminals. Again read my response carefully, I didn't say they didn't have an edge only that you should stop fetishisizing it as something special. The fact that all the traders in my book Millionaire...
  5. J

    "Always be fading"?

    Hydro PLEAAASE Stop fetishising dealers. They don't have any super human powers. They frequently are not as smart or as well informed as you are. Their biggest edges are bid/ask, much more capital than you and your own lack of discipline that will inevitably blow you up. In fact that's what...
  6. J

    "Always be fading"?

    Guys thanks for reviving my old article. It was actually interesting to re-read my own words from a few years back. Ironically enough I prefer to trade WITH the trend, mainly because the old adage from physics that once in motion an object will continue in motion unless counteracted by an...
  7. J

    Rich and Taleb agree.....

    Dead on! the most intelligent post on ET ever.
  8. J

    Millionaire Traders - Market Maker or Market Taker?

    That's exactly why we wrote it because the majority of stuff in MW or books like Inside the House of Money while great is absolutely useless to most retail traders. Glad you liked Chuck - he is like the prototypical Midwest cowboy. Won't say much and just lets his trading do the talking for...
  9. J

    Chances of ECB rate cut?

    I just posted an analysis of this very idea. They won't cut - but we do think 4% may be it. http://www.dailyfx.com/story/topheadline/ECB___No_More_Beyond_1191319928106.html
  10. J

    Neiderhoffer

    Including btw LTCM - although most people think it was bonds.
  11. J

    Millionaire Traders - Market Maker or Market Taker?

    Thanks for the kind words. Here is a piece of unsolicited advice on stops in FX. When K and I did an analysis of all of our positional trades we discover that if the trade moved more than 70 points against us it had a 90% chance of being a loser. We still set our stops based on technical...
  12. J

    Millionaire Traders - Market Maker or Market Taker?

    We did a webinar with Roland Campbell one of the FX traders profiled in the book. http://forex.acrobat.com/p40863784/
  13. J

    Millionaire Traders - Market Maker or Market Taker?

    LOL no hard feeling. Most important is that you enjoyed the book. Punctilious means strict - I was just being a smart ass. Thanks for the kind words - BTW the book still has NO REVIEWS ON AMAZON, so go ahead guys - let it rip. Also K and I run a blog there which you may find interesting...
  14. J

    Millionaire Traders - Market Maker or Market Taker?

    Jaronimo - I have no clue about what spell check issues you have. The book is written in conversational English and people do not speak in perfect grammatical prose. I am glad you liked the content, if there were grammatical errors so be it. We tried to clean it up the best we could - and...
  15. J

    Millionaire Traders - Market Maker or Market Taker?

    Thanks very much for the kind words. The book was written BY traders FOR traders so I am glad it met the authenticity test.
  16. J

    Millionaire Traders - Market Maker or Market Taker?

    Compound interest is indeed the 8th wonder :) Carry can be brutal when traded on leverage ( that what kills most hedgies) but traded cash on cash or 2:1 lever factor it can be a very powerful strategy. Remember with carry every day you lower your cost of entry - that is a HUGE edge.
  17. J

    Millionaire Traders - Market Maker or Market Taker?

    Ok here is one last tip from our traders, "11. Make Your Money Work for You In a rush for capital appreciation, many traders often overlook the immense power of compound interest. Marcelino Livian is not such a man. Instead, much like the largest money center banks and the savviest hedge...
  18. J

    Millionaire Traders - Market Maker or Market Taker?

    Amazon is now shipping for 3 day delivery so no need to hunt for copies. Also the publisher informs me that B&N re-ordered which means that it should be on the shelves in brick and mortar stores as well.
  19. J

    Millionaire Traders - Market Maker or Market Taker?

    I was right to be worried. Although reason dictated 25bp my trading gut told me that 50bp was a possibility. Note how I joke about it at the start of the interview. In any case if today proved anything its that the Fed cares a lot more about stocks than the greenback. It maybe a smart move...
  20. J

    Millionaire Traders - Market Maker or Market Taker?

    BTW - Anyone wants to see my FOMC call on CNBC today its here. http://www.cnbc.com/id/15840232?video=520398998 I am hardly out of the mainstream here (which worries me a bit) but let's see if I am right.
Back
Top