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“I think there is a law tying everything together..." i've got it! i've got it! past performance is no guarantee of future results

have you considered that the reason you were able to achieve 50%+ returns is precisely because you were unable to adhere to your stoploss? leveraged trading without stoplosses (hold until it comes back) will always produce spectacular returns until you blow up because you won't have losing...

don't short the strongest thing out there...if something is holding up there is generally a reason...also there must be massive short interest in this thing (haven't checked...) because everyone is betting that the credit cards are next. at least wait for it to break a bit? just mho. p.s. i...

people will put there money in hard assets...oil gold wheat as things really start to get going...i dare say there will be a panic to get into these things eventually. i think the news could get a whole lot worse...there are still a lot of investment banks that are going to get smoked, still...

interesting that even the commodites are getting smoked the last couple of sessions. not going to call a bottom in these but there is probably a good buying opp. coming up...the inflation part of this mess has not really begun yet... as for the stock indicies, there is muchos downside to come...

What is unfolding in the US reminds me of... 1. How soros made his money betting against the Bank of England 2. The fellow in market wizards who went long lumber when they imposed the price limits... They keep trying to prop this thing up....not only do the interventions not work, but...

JPMorgan to Buy Bear for $2 a Share

great idea! just ran through about 100 trades....ran the initial stake up to 1 mil and proceeded to lose it all in a couple of bad trades... this is like a discretionary swing trading backtesting machine. definitely illustrated a couple of points for me...there seems to be positive...

hey, congrats on starting a journal and starting to trade... here is a bit of feedback. -study fundamental conditions and play general themes -there is a difference between buying weakness and buying stocks making new lows. whats low often goes lower, and whats high often goes...

excellent point, and one that few are addressing. the way my screen looks lateley, there are two types of trading sessions. inflation sessions where everything goes up, or non-inflation sessions where everything goes down. today was majorly the former.

How long until they cross paths?

been following this one closely as of late, as im sure are a lot of folks. i think a lot of people bailed during the big consolidation below 1.50 and the rush to get back in explains the strength of the move. overbought as of friday, hence the reversal...perhaps we are due to consolidate again...

BE CAREFUL with that after hours stuff...its a good way to destroy your new account! don't go hitting to many bids or offers...trust me on this, you will almost ALWAYS get a better price during regular hours...

been a few weeks since the last update. took a break after about a 20% drawdown attempting to short the yen to no avail.... i am back but with significantly reduced size...attempting to scale in more slowly and in smaller pieces these days. been trying to get into grains and oil, but...

excel

this man is brilliant, and classy to boot. always informative to listen to him talk, i just wish i knew some of the resources he used to form his opinions...

i guess you could do it with the API...but a post-it-note would be easier, and one is no better than the other without the discipline to stick to it.

let me throw this out there: http://www.ourdailybread.at/jart/projects/utb/website.jart?rel=en&content-id=1130864824947 crazy documentary film about modern food production

you know i'm not sure about that one...i think the accrued interest should be in USD not EUR, and IB normally just deducts it from your account at the end of the month... do a CHAT with a customer service rep at IB. Chat is normally quite helpful and will be instant unlike a problem ticket

well if you have a -USD balance you are going to have to buy the $ on the market. Go and read the IB website about currency exchange. they have two gateways to the currency market IDEALPRO for large transactions and IDEAL for small transactions. you should also read about interest rate...