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I think Brooks' 3 volume book is really good but I agree that it is hard to read for various reasons, including poor edit. The arrangement of the paragraphs is insane and looks like it is done so to make sure everyone buys all the volumes (which they should). In my opinion the biggest value of...

"min 180 days" rule/half year (of residing in a country) is a typical way across the world to distinguish residency for "tax purposes" so you don't pay your taxes twice, but that's not the only one rule. Often there are other requirements like that all your activities (business and personal) are...

it is Sunday morning in US yet Rithmic's support replied quickly :thumbsup: what a service! Here's what they say:

Robert, for clarity purposes: "server side" always refers to whoever routes your trades. The opposite is "client side". And "server side" execution doesn't apply to entry limit orders, obviously these always end up on the exchange's book right away. But all other trade orders and their...

Strange because CQG claims they have "server side" execution. I would think that the entire idea of "server side" execution (of brackets/OCOs) means that once the orders and their parameters (brackets/OCOs) are placed they reside on data provider's servers and will work regardless of whether...

Do you realize that the above doesn't make any sense? Any current news/data will become "old". Any "old" data was once current/today's data. But to be fair, I'm not implying that current news/data are only things that drive the market. There are also underlying macro trends and of course there...

I see your point, but I disagree. When you quoted me you took part of it out of the context which was "look at Apple, it is making shit load of cash every year". Of course I meant that it is hugely profitable company. Now google "amazon profitability" and you will see yourself that it is kind of...

No I did not. That's what I assumed from "broker's server side" held orders. With that CQG comment you just made me wonder, but I guess it must be due to the fact that their brackets/OCOs are not held on broker's servers, right?

if the number calculated doesn't tell anything meaningful then what is the point of it? To be meaningful there needs to be some kind of reference. I've never heard anybody talking about leverage "number", it is always about high/low leverage, lever up/down and such. What is the optimal...

You actually got that wrong. I DID notice that you haven't said anything about what is "proper" leverage that is exactly why I participated in this thread to point that out. Calculating some number that's doesn't tell you anything meaningful is POINTLESS. No Nobel Prize for you, at least not...

I don't understand, what "counter-example" would that be? And what does stock's market cap vs other have to do with "room to grow"?

Because it is ATH. You don't whether it is just short covering or some blow off volume. It is unknown territory so to speak, so it is hard to judge that volume. OP's method includes volume to filter his trades. All I'm saying that with the market at ATHs he shouldn't pay too much attention to...

maybe he trades, maybe he doesn't. What are his current results? Nobody knows. To be sure, I have nothing wrong to say about L.Williams. my point was simply that a good book is one that contains correct and relevant info and preferably helps you find your own (profitable) way to trade. It is...

Allow me to counter your expert intelligence with one of (many awesome) Paul Tudor Jones' quotes: "After a while size means nothing, it get's back to whether you're making 100% rate of return on $10k or $100millions. It doesn't make any difference." I will let you take out of that quote...

not that I disagree with you but consider this: intraday you mostly operate on known information. What is the significance of a chart pattern from yesterday into the future when you don't know the news/information/data that will be known in the future? I'm sure there is a significance but...

since you are in UK and assuming you're not US Citizen then open futures account with US broker, whatever you make will not be reported and any taxes will be your own responsibility.

Exactly my thought. Similar stuff to when (sometimes) they pull your blood and later the blood spreads under the skin. I wouldn't worry about it too much. If it starts going through all the colors like a rainbow, typical of a bruise, you're fine. That's why you feel most of the soreness in your...

That's interesting. Is that because CQG doesn't offer bracket orders on their servers at all OR they do but it's the logging off that causes the change? Although I must say that the logic points out clearly that based on what you described it must mean that CQG's brackets are held on customer...

The margin is to protect broker/FCM from trader's stupidy, nothing more. Your thinking is equivalent of trying to say how many calories per day is RIGHT. It depends on a individual. Therefore there is no "number" for leverage. It is either too much, too little or just right and it depend on a...

I agree with above. Notional high or low, you determine what is the RISK on the particular trade and size the trade accordingly. If the risk for that trade (size) is bigger than your criteria (let's say 2% of your account) then you're over leveraged. Otherwise you're good or under leveraged...