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I don't have a time to go through the entire thread but upon reading the first few posts this is my comment: Yes, the market can jump your stop price for a variety of reasons (fast markets, gaps etc). Whether your stop loss gets executed in those circumstances depends on the setting of your...

There is nothing wrong with shorting the VIX, as long as you adhere to the old "buy low, sell high" or "sell high, buy low". When the collapse in volatility is persistent, and the underlying stock market goes up parabolic, you should expect VIX to spike seriously one day. Reading your posts...

I disagree. Everyone knows that you don't bet against Central Banks as they have unlimited (or so they say) buying (or should I say "printing") capabilities. So the long EURCHF was the right choice as the downside was limited. At least until SNB pulled the plug, against what they claimed before...

Didn't have the time to go through the entire thread but here are my $0.02 worth: Consider this: if the only right thing to do was to sell the top of the range (or buy the bottom) then the price would never get out of the range. So right there you know this is not correct thing to do 100% of...

From your example that trade would result in a loss, before commissions. Regarding who's right, look up my answer earlier, you are right, trading wise these are the same, you either make money from correctly predicting the move or you don't, regardless of the small differences in products used...

You're wrong because forex is a spot market. You are taking delivery of the product (in financial terms, not physical) with the consequences of that fact. It is expressed in daily marking to markets. First let's make something clear here. Anytime you talk about any currency (spot, forex...

I don't know what happened to IB as I don't use them, but have you ever considered a scenario when the market reopens 10% lower because there are no bids? I was not trading during dot-com bubble but wasn't that essentially the case one day? Who cares VIX is low. There is so much dumb flow going...

I understand and you're (sort of) right. But what I was trying to say is that the futures "leading" outside of RTH is debatable. If you consider what the definition of the futures market is (place where risk is transferred from those that don't want the risk to those that are willing to accept...

since when the tail leads the dog? have you considered that overnight, the indexes might be correlating to other parts of the world? they may be expressing a temporary opinion on the upcoming market direction but it is just a temporary opinion. The underlaying will trade wherever it wants to...

I did some volume analysis through Volume Profiling but frankly I think it is BS, it's just "en-vogue" nowadays. There is so much information that is either not going into the volume or blurs the volume analisis. For example: 1. There are options on everything, swaps, forwards, custom OTC...

The breakouts, the economy, interest rates etc etc especially that late in the cycle and with such stupid valuations don't explain the lack of volatility. In my opinion it is important to look at the following: 1. See what the inflows to ETFs are over time (years), especially recent 12 months...

This is NOT correct. While I don't know what Interactive offers, whether you have to pay the interest (also known as swap points) depends what the underlying is for that CFD. If the CFD is based on the the futures (i.e. ES) then you don't pay any interest as that is already a leveraged product...

Your analogies are flawed. The "self directed" trader can not "hurt" anyone else and all he/she risks is the amount in his/her trading account. No one can stop an individual from wasting their own capital and no one should be telling them what's allowed and what's not. If you start going this...

Electronic trading or not, it is irrelevant to it, but I agree with you otherwise. As I said earlier, "The Art of War" is a total BS when it comes to financial markets. Anybody claiming otherwise has not read the entire book and doesn't get it why the aforementioned "every battle is won before...

I think you're confusing "foretelling" with hindsight chart analysis. And since you were "able to foretell it" where have you loaded up your shorts then? Anyway, I don't know what charts are you watching and what crystal ball you have there but if my memory serves me right I remember ES broke...

Does your method have a fixed parameters? Or do you account for a difference between range/trend day and change parameters accordingly? I.e.: trend day=smaller size and larger stops/targets.

I see that quote from The Art of War being mentioned from time to time. While I really like the book I wonder if those that mention it in regards to financial markets have any idea how cliche (or pointless BS) it really is? It was fine for the movie and it is fine for stocks traders using...

I kept shorts loaded at 2454 (when it broke out to the upside for ATH), but of course decided to close them at BE when I saw the fight and bounce from 50 area during that sell off on Thursday. The problem with that sell off is that even though it is long overdue, it is based on geopolitical...

It's been years since I read it but what I remember the most is the trend trading on pullbacks, not reversals. He does reversals but from what I remember it was after the market runs its course (per his method). The part of the book I don't like is trying to apply the method universally across...

IMO, you paid too much attention to detail instead focusing on the overall trading related stuff that is much more important than any particular method. That's why I say one should skip the parts of the book strictly related to Brooks' method. The value is elsewhere, although it is almost...