Search results

  1. L

    Is there any reason to join a prop firm if your capital is 500K?

    Perhaps, ET don't allow such lists due to teh risk of being sued. I'm sure OP could use such a list of sent via a private message.
  2. L

    TT X-Trader7 versus Ninja Zen-Fire

    I understand NinjaTrader demo has the same exact functionality as the paid version (bar trade execution). You can connect it to the datafeed you have and wantch times-and-sales and DOM on Ninja and X-Trader side-by-side to see for yourself if it is as good. Note Ninja has "static" DOM (the...
  3. L

    Black Scholes stand alone software?

    Microsoft Excel?
  4. L

    Is there any reason to join a prop firm if your capital is 500K?

    Other considerations: 1) Commissions. These are split into exchange fees and clearing fees. Futures traders get massive discount on exchange fees if they are exchange members. Leasing exchange membership is certainly an option but may not be the cheapest one for an individual. 2)...
  5. L

    Major banks reportedly masked risk levels

    ... and the original WSJ article http://online.wsj.com/article/SB10001424052702304830104575172280848939898.html
  6. L

    Greece to make bond shorting illegal??

    Greece is infamous for backward financial regulations. They used to be the only country in Europe who forbid shorting (more specifically, borrowing) stocks listed in Athens to non-exchange members. Government officials in general are not famous for understanding technicalities of financial...
  7. L

    When you know it will be a bad day...

    I think what you suggets is more of a trading system than psychological approach. "Buy Low - Sell High"doesn't exactly apply to trading trends as you wait for a trend to form and never buy the exact low.... I would reword this "Wait for a good level and never rush into a trade. Missed...
  8. L

    When you know it will be a bad day...

    Fixed stop for a day/week should help preserve capital, which is of atmost importance, but it doesn't help to get the psychology right....
  9. L

    When you know it will be a bad day...

    I guess I should taek more responsibility. There are a number of activities I can be good at when I am tired or distressed but trading is not one of those yet. That's an interesting idea! The worst thing one can do is repeating his/her own mistakes again and again....
  10. L

    LOSING traders - How much money and time have you lost?

    Still better than patiently wating for a car and trying to run across the road right in front of it.
  11. L

    When you know it will be a bad day...

    This may seem like a question that can be answered with a bit of discipline... and yes, it is... I am still relatively a new trader. I have my winning streaks. However, I am not there yet to take the right decision no matter what. On more than a couple of occasions I was in a situation...
  12. L

    Do ES daytraders fail because they use 2 point stops?

    My point exactly
  13. L

    Day Trading is a pipedream.

    Actually, going in business for the money is the way to convince outside investors. They want to see someone with MBA and real management experience to take care of revenues meeting expenses.
  14. L

    Please comment on my day trading plan

    You can obtaing historical dates of important announcements. Ask Datastream for a trial. It's much more difficult to obtain initial data releases versus revisions.
  15. L

    Will this market go parabolic?

    The view depends on the time frame
  16. L

    Will this market go parabolic?

    I expect the market will go either ballistic or postal.
  17. L

    Day Trading is a pipedream.

    After a few weeks in Thailand and many-many delicious Thai meals I have never met a Thai chef. Does this mean Thai chefs don't exist?
  18. L

    Do ES daytraders fail because they use 2 point stops?

    That's the wisest comment in this thread so far!
  19. L

    Do ES daytraders fail because they use 2 point stops?

    Having a "large" stop-loss which is never changed irregradless of the particular trade time frame or market volatility probably helps fail to those who are destined to.
  20. L

    New Monitors, what is your preference

    More monitor space is better... So, widescreeen is a good choice as long as the price is agreeable. A few things to watch out for: 1) Monitors whose size is larger than what the resolution warrants. You normally expect that 1600x1200 will be 20-21 inch, 1920x1080 will be 22 inch and...
Back
Top