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Oil is going higher. The market had a huge reaction on Monday as the hurricane story happened over the weekend, but is still a 5 days out of Houston, a city that has 25% of US oil production. New Orleans had 10%. It was just a pull back before the real run begins. Have fun with your short oil...

Who would give you the 40 pips? Why would someone fill your stop at -30 pips and take a 40 pip loss?

I would design your system as if it was going to happen again tomorrow. Currency markets have only been around since 71, you haven't seen anything yet. Also check out the moves in the mexican peso in 95 and think about germany in the 20's and argentina in 01 (I think). When the government comes...

Are you going to short it?

I don't think he needs to get an MBA, my suggestion is to tell him to get into a good undergrad program and get interships with a big bank or hedge fund (all the banks offer summer interships). The idea that you need an ivy league degree isn't true, although it helps. I have a friend who...

Here you go

The performance figures are after fees, so if they make you a healthy return after they take those fees who cares. If someone makes 20% per year net of fees who gives a sh_t what they charge.

I feel like you must know this answer already, as I suspect you are another screen name for market surfer, but here it is. Trend followers base all their trades and systems off price action, which is technical analysis.

Trend following is TA, most TA is used to identify trends or turning points in trends

Another succesful turtle... http://www.autumngold.com/Advisor/CTAProfile.php?op=profile&id=388 and eckhardt, the teaher of turtles http://www.autumngold.com/Advisor/CTAProfile.php?op=profile&id=399

I am not talking about a financial future that has an electronically traded cash market nor am I talking about the volume during roll over or in the spread market during roll over. I am talking about the US government 10year note futures traded on the floor of the Chicago Board of Trade and on...

Brandon, You really don't know what you are talking about. The pit has no inherent advantage againist the screen. Like you example of selling 5000 10 years. The pit volume for 9/9/05 for the 10 year was ~82k, the screen was 560k, it seems that it would be easier to execute large size on the...

There is not a set time when they roll over, on thursday (if it is the same as the Nasdaq) dec becomes the "front month," the contract you should be trading. It is basically the last day you can get out of your sept positions. You should learn how futures contracts are priced, especially if...

Oh and f_ck you steve46, you think your better than me?

1.) Enter in your monthly returns into an excel spreadsheet. 2.) Use excel's standard deviation formula to find the monthly standard deviation and multiply that number by the square root of 12, giving you your average yearly standard deviation. 3.) take the average of your monthly returns...

Like in the 70s? Did the US government want gold and oil to rally and cause huge amounts of inflation? Where was their control there? Yes obviously you can say that the Saudi and other OPEC governments were in control of the oil but that was because the US hit a production peak in 1970 and...

You may need to know what a eurodollar is if you are trading it. But congratulations on knowing that, I would say you are half way to becoming a super rich trader. Your high IQ and your ability to decipher patterns makes you a great canidate for a trader, why haven't you started already? You...

Don't you think tt can see all the resting orders now? Do you really think it would be that big of an advantage?

I was under the assumption that the stock market bubble of the 90s was caused by the idea that the internet was about to change everything, it was like a new industrial revolution all over again. People fed off this idea and forced prices higher. I can distinctly remember Alan Greenspan...

What did the government/banks do differently on these two days then every other day? I was pretty sure that the crash in 29-32 didn't happen in one day. Please elaborate.