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Well the currency markets have us pounding our heads against the wall...our timing has been really off this month on the few trades we have done. Today, we got filled on a Hog/Cattle Spread. We bought the July Hogs, Sold the Oct Cattle at -16.70. Back to work...

Hey Fully.. No, I appreciate the comments...and yes, it's hard to start a journal with a loser, but it is what it is. My trading record will reflect it unfortunately. As for the AD, my symmetrical triangle was violated with the move up above 7845 yesterday, but I retain my exposure in the...

contrarian to the max...

right..plenty of idiots running shitty LLC's...Yup.. And plenty of PhD's who couldn't trade their way out of a paper bag.. And plenty of High School dropouts who could knock your trading block off... There is no correlation between wallpaper and trading acumen...

another good one is elance.com

Steinhardt is not just a baller... Anyone who puts up those numbers is a power baller... he's a super mega power baller...

That's a lot of Shekels...

Plenty of PhD's that worked at LTCM. What was their excuse?

Stopped out of the Aussie Dollar this AM after breaking 7845...

Electronic softs (ICE, NYMEX) are getting bigger and bigger by the day...last estimates was that they were about 20% of the total daily volume... So you know, sugar #11 is a heavily traded contract and is quite liquid. The May contract (SBK7) as of today had an OI of 264,000+ and a volume of...

That's fair...you bring the beer, I bring the chips, and I'm coming out ahead... :D

Not disagreeing to disagree Whist, but almost nothing out there is zero sum...poker, commodity trading..whatever... Why? The rake...Brokers & casinos (in this example), for the most part, always win. That's what keeps it from being zero sum.. But as Whist said rookie...protect what you...

Well good luck. Trading for a living is a tough gig, but there are some great resources on this board and others. Read, study the markets, find something that works for you, and stick with it. One piece of advice: Trading is not about making money - it's about not losing it. A proper...

Oops...here's a link to the article.. http://view.exacttarget.com/?ffcb10-fe961d797464067f77-fdf81570756d027a7414777d-ff2c13767065

Today I wrote an article for Fastbreak Futuresource. You can download it below. Quick Trade Update: The Dollar blew through the short-term trendline and 4 of the 6 majors (excluding the Swissy and the Yen) closed above their 50 day Moving Averages. Our Aussie Dollar trade managed to...

CURRENCY SPREAD - BUY MARCH CANADIAN DOLLAR, SELL MARCH AUSTRALIAN DOLLAR Analysis The first thing you should be aware of is that futures spreads, despite the reduced margins, are no less risky than outright positions. I like this spread because both the Loonie and the Aussie tend to trade...

Wheat prices have seen increased volatility over the last few days, and while the straddle we suggested HAS gained some value, the report last week didn't have the kind of effect we thought it would. Funds are incredibly long corn and beans as we head into the summer, so I believe we are in a...

Quick update on the Aussie Dollar... The currency markets have been volatile, and after 2 days or sharp declines in the AD, today we saw it rally again in our faces. Our stop has not been hit, and we maintain the position. Technically, not much has changed, though we should be aware that the...

Hiya Jim, No method will be perfect, as you know very well. And day trading is a risky venture. I prefer to look for congestion areas, trend line breaks and symmetrical triangle breaks as entries, and then trail stops. Stochs, RSI, and MA's proved too unreliable to me when I day...

Worth watching is the NOB spread, buying 10 year notes/selling 30 year bonds. The chart below shows the 5x3 spread, as the locals trade it, though to keep commissions and margins down, you could trade is a 2x1. The rule of thumb for the NOB spread is that it moves with yield and inversely...