Search results

Flashboy, Manage your daily P&L stop-loss with as much care and attention as you manage your trade-level stop losses. Your daily cut-off is just as important as your trade stop losses and deserves to be used with the same discipline. Its your second line of defence against doing stupid...

Victor, On most of your trades I can see the S/R you use to enter on this last one I'm not sure what you're leaning against. I would have expected you to scale in at/above 1.1400... Like your style...and would like to hear about any of those nasty big losers this style generates...

Correct me if i'm getting this wrong but doesn't the chart show a seasonal pattern NOT working given the recent collapse in bonds? Or is the expectation that the pattern will begin to play out as per the seasonal from sometime soon? just interested, Q1

There is one famous stopless system: Oddball. I believe its long-term profitable is always in the market and never uses stops. Perhaps its possible to develop systems which don't actually hit their stop for a large percentage of their trades. If you think about it this is the ideal scenario -...

For free intraday delayed, daily, weekly and monthly I use www.futuresource.com or barchart.com for not so much functionality Q1

If the forex brokers generally only allow you to buy the ask and sell the bid...what kind of trading strategy are THEY using. Many people on this board would say doing what they do would be a suicidal trading strategy if they were to use the same strategy on say the ES or NQ... So what's...

From Braveheart: Soldier: William Wallace is 7 ft. tall. Wallace: Yes, I've heard, and if he were here today, he'd consume the English with fireballs from his eyes, and lighting bolts from his arse. I am William Wallace, and I stand here, in front of a whole army of my countrymen, in the...

I find both books useful...but I do wonder about J Wiley in publishing those book as they are. They SOOOO lack a decent editor - both could be much better if someone had a bit of control over the text. this book is better than both of those...

this seems a bit high to me. last time i looked (in y2k) the desk fees were up to 1500gbp per month with sub 2 euro rt commish. also, depending on the traded item payout was say 70% for bund, 90% for bobl kinda thing.

hehe sorry bone. no misrepresentation intended... :D Q1

http://www.senteco.com/thoughtleader2002/03farmer.html i came across this and thought others would find it interesting. Q1

I think the market is reacting to the weaker dollar. Weaker dollar means all those mega-cap US Stocks that earn big chunks of their earnings abroad get a massive currency translation boost to their earnings this year. => "market positive" At the same time people believe inflation is dead and...

i like Taleb's book 'Dynamic Hedging' - its relatively "basic" in parts - just hidden behind a veneer of sophistication - but a worthwhile read for me anyway.

wait and short it around 100 then we'll see... Q1 :D

Hey I'd join but JoAnn Dahlkoetter, Ph.D. appears just about the most "unhealthy" individual I can remember seeing in a long time. Surely someone who thinks that picture sells their business is loopier than any client could be... or is just me? :confused: Q1

could be done in Excel but nicer if it was inside TWS. For example, I would like to be able to have an OCA group containing the following orders: 1) stop-exit (ie stop loss) 2) limit-exit (ie profit-taker) 3) time-exit (ie go home flat) this is not totally simple via Excel... Q1

Marathon, I understand your scepticism. The truth is that these trades Do occur. They are agreed in an OTC way but executed on the exchange. If you think about it it makes sense: A busy trader works for a bank managing a portfolio of OTC and ETO options. He uses futures to hedge the delta...

these 1000+ contract trades ARE real...they are just agreed via an interbank broker first. (eg CANTOR etc)...thus why they don't move the market. whether the broker ends up taking some/all of the position or acts purely as broker i don't know Q1

you may want to investigate: CMC Oanda Personally I use Oanda because the no-minimums give me good flexibility for scaling in/out. No problems with them so far but only used for a couple of months. Q1

How about this: Convince ourself that you will have a 20% drawndown (ie lose $10k). But in order to get there you must place at least 100 trades risking $100. If you do better than lose 20%...start again... :D Q1