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If you don't trade the first hour of the day you probably shouldn't trade at all :(

Have to agree with red here, your instincts are just way off. Have you ever traded ESI before today? Or did it just show up on your "biggest movers" list and you suddenly decided to provide some liquidity for all those sellers? Do you realize that it's the very title of this thread that...

Sorry yeah it's fine now.

Agreed to the first part: what lack of volatility? Sure it's thin out there but that's where the volatility is coming from. And earnings season hasn't even started in earnest yet. Disagreed to the second part: You don't trade size for pennies in this market; you need a correct opinion and...

Is this company still around? Their site directs you to Encyclopedia Britannia . . . :confused:

This was posted on neke's journal thread, but I reverse-hijacked it and brought it here so as to allow that thread to stay on topic (may be too late already :() So is the above actually an "edge"? Can I ask, what is the difference between the parameters listed above, and instead just saying...

This is an example why many aspiring traders fail -- they just don't know how to learn how to learn, if you get my meaning. Maybe call it metatrading. They just see the numbers and results, and don't care exactly how one gets there. They cannot distinguish between leverage and edge. They...

Yes, it was. If you're familiar with the stock, you would know the play was likely to the upside. To short something just because it's up "too much" is frankly an amateur impulse.

What if Neke had made, say, 20K from his bidu positions? Not a bad week right? But to bring up an earlier point, with the size of positions taken in those high flyers -- 10, 20, 30K -- means little when on the other side you can lose 100K. Which begs the next question: do you usually need...

This market is just fine if you know what to look for. Better than fine if can find yourself a niche (volatility, time frame) that few others like to play in. Yes I hold overnights. When I started trading way back when, I only used to look at daily charts, so basically the "longer term" is...

It's funny, I always thought with pair-trading (especially short-term) you would buy the stronger stock and short the weaker one. Made sense to me. Then I realized people were taught to do the opposite . . .

Look it's pretty simple, don't over-think things. Just know your market inside and out. Know all the reasons why prices would move, know the players, the time-frames, the data points. Know where you fit in within all that. Know enough to deserve to make money -- does that make sense? Think...

My advice -- if you're not going all out for it, forget about it. A 10% commitment just won't get it done. In your case it may be a smart decision to limit the damage there. "If it doesn't work" . . . what does that mean? How many hours are you willing to put in, how much money are you...

Seems to me that any market, even commodities, have the ability to make extraordinary moves outside the realm of what was once considered reasonable. What if prices were to double in the next six months? What would that do to all the funds that are, say, "all-in" short?

And since everyone involved in copper already knows this, price can only go higher, correct?

Or, on the contrary, you can also take the attitude of NEVER placing a trade until you DO have a good guess about what will happen next. As Richard Roma says from GGGR: "You wanna learn the first rule you'd know if you ever spent a day in your life? You never open your mouth, till you...

An occupational hazard of trading on your own account is the ability (if desired) to not speak to anyone at all during one's workday. Some would say in my case it borders on unhealthy but I really prefer not speaking to other traders in the office about anything market related in "real-time"...

I hope you're being well compensated for all your time spent typing in here :)

wtf? :confused: If you know enough to know you don't know what you're doing, then maybe perhaps you would "quit while you're ahead". But only a very small number of traders would ever arrive at such a realization. And the irony is, it's these very same traders who probably have that certain...

What I cannot find is my own post on the topic, so I know the thread is gone.