Search results

I'd say so.. brand new poster asking innocent questions.....than attacking Take a look at meylerlansky innocent questions than attacking Come on. Stop with this. Robert

Ok. You've got your wording off. Drawdown is your % of equity you lose. Not the % you are correct in a system. Info--- I need to know is what is your stop with each trade? You can risk 2% per trade. ie $400 It's considered aggressive and you might have some serious drawdowns...

neither....... if a system often has a 50% drawdown..........than after enough runs it could easily have a 90% drawdown. I'd question your edge..... first 2nd I'd trade a lot less contracts. If you are in a 50% drawdown you'll need to do 100% returns to get back to even. As...

A Tony Robbins course isn't the answer. A better statement would be if you fail as a trader you didn't do what other successful traders have done. That is all it takes. Problem is a person forms beliefs about tradiing. The market can prove their beliefs to be wrong but to change...

The AH-HA experience is correct. It is finding a path of going from frustration to one of understanding. There are plenty of people who are frustrated and just give up. Those that search themselves soon have understanding. Robert

I was down for awhile, found some tears coming to my eyes a few times. I saw somebody who helped me put everything in perspective and can live each day to the fullest again. I have a choice in life. Make the world a better place or hate the world I live in. I choose to make a...

great if somebody is trying to prevent a price move They don't have unlimited funds........eventually they will wear out the things will return to normal If somebody is causing a price move.......they don't have unlimited funds and eventually things will return to normal. I sure hope...

Ever hear of the Hold Brothers and Silver? It was done 20 year before in gold..... If they pushed it higher and higher than started to short it. WHAT IF OTHERS CAME IN THAN? SHORTs started to cover , mutual funds came in soon we are 800 points higher and the manipulators are...

This quote fits perfectly with above he sees trading as a fight, swimming with sharks.. "I Want To Find Out Who I Really Am" -- Rogue Trader When you trade your monitor will do a funny thing. It will become a mirror. A special type of mirror. A mirror that reflects your...

majority of firms have the trader pick up the specialist fee if they get charged for it. It usually adds to another penny per share. (Any NYSE order that is in the marketplace for over 5 minutes) Robert

In and Long you get this question answered? Direct Plus Auto Ex NX are all the same thing They refer to a route on the NYSE that is the fastest execution there is. Limit of 1099 shares limited to every 30 seconds in one direction can't split up orders to keep under...

yep ........much Used to use Terra Term and do just like you described about 15 seconds to a over minute if no stock available in bullet firm inventory with how Hammer has it set up less than 2 seconds. That's an edge. Robert

I see but what were futures doing at the time? Futures going down......... and you are covering a short while watching a long....... next time vice versa. If futures are tanking cover the longs and watch the shorts... Robert

The best thing to do Corey is pull up time and sales afterwards. I knew you well, you always keep great records. Study the past history of time and sales with the bid and offers showing in between. There was a huge difference between today FOX and the futures and Friday HRB and...

True tape reading doesn't rely on charts bar, candlesticks, or Point N figure. Just the past trades and bid/ask are all needed. Robert

on my list of things to do.........but not yet done Will have it done by weekend Robert

Don take a look at the time and sales for FOX or even a one minute chart, Not a single green print in the one minute and when you study time and sales and the bid/ask I have to question what did Tony see that got him out? I couldn't find a single reason ..... other than a fear...

Ok I just added up Time and Sales for when Tony did his slingshot order About 75,000 shares had traded and when 10,000 is sitting on the offer that's more than 10% of the total volume for the day.... THAT MEANS SOMETHING. I think in general they are good, but with some experience...

TONY WHY DID YOU GET OUT OF FOX??????????? for only .30 Looking at the tape Yout got filled at 22.9 right? market negative.... The offer immeadiately goes to 22.85 x 22.86 1x 34 so you are sitting pretty with an offer negative market... and nice size offer on a...

I've noticed a lot of guys are against liquidity trading. Personally I hope it stays. They are making money in a market with little momentum. But when we have a surprise rate cut or something.... I will be the guy hitting buy 1000 on all my baskets across the board and I imagine the...