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this is obviously very senstitive issue to traders.. I use both limit and market orders and struggle with the problem everyday... I am not saying using a limit order is just plain wrong.. otherwise it wouldn't exists... the problem with a limit order is that the losers are...

using a limit order is trading against the trend.. you are bound to miss all the big winner that make your year and you are bound to get slammed by the big loser that never come back... If you use a limit order.... you might save a few tick of slippage... but you might a miss...

I am a huge fan of acrary... I have been following his posts for more than a year... since his traderclub presence... the man is the most generous and knowledgeable person I have met on these forums... he is one of the very few reasons I still spent some time on elitetrader...

I don't understand what the problem is? I have been following a system for over a year and don't have much problem...My results in realtime has acutally beat my backtesting results... you are thinking too much...GG... if you don't have any luck at discretionary trading.. you...

If I post my results...... nobody is going to believe me anyway I have a hard time to come to terms with it too...

the fundamentals certainly play a part in changing the markets, causing the strategy to deterioate, but I think the comparison should be made between trading strategy. all I am saying is the prevalence of long/mid-term breakout strategy has CREATED patterns and opptunitunies that could...

I think I pick some of this stuff up from chaos theory... the notion of fractals, and self-similarity between timeframes, fat tails and distibution with fat tails... and how the the Hurst component flutuate through time.. I think most traders equity curve reflects this idea too..you win a...

you are right..Some of .the short-term strategies is base on fading the crowd, (overbrought, oversold)One of the examples that comes to mind is "turtle soup", which fades 20day high and low in the futures market.. This fits exactly with what I am talking about earlier As the "turtle...

I remember reading somewhere that the markets is analogous to a eco-system, (I think it was andrew lo) and there is evolution going in the markets too... I think that traders can be catagories by the different timeframes in which they trade, there are position traders, scalpers...

may be GG shouldn't be too hard on himself... trading requires a lot LUCK Having a edge is important , but unlike blackjack or some game where the rules are FIXED and odds can be calculatated mathematically the edge is not consistent in the market and sooner of later it...

May be I forgot to mention that I am a system trader or didn't explain myself clearly.. there are some comments that I am a terrible trader that may be true... but I really felt like petting myself on the back after the experience because I had the discipline to follow the MY...

I have four losing days last week... then went short at the EXACT low of Monday.. Yesterday...and TODAY...three days in a row (I really should go for the lottery..what sort of probability is that!!) got stopped out...reverse and went long with a LARGE position after that...

what really makes taking losses such a hard thing to do? I think I have it figure out a while ago.. It's the ABSOLUTE amount that is losted that really cause the problem.. it's the amount you lost RELATIVE to your account (and may be your salary) that makes it tough.. I trade...

I-Ching is basically a bunch of mathematical relationships.. the Chinese has been using it to PREDICT the future for a few millieum..way b4 Jesus Christ was born.. and its lastest application has of cuz been the Asian stock market ...with distratous results.. it's just...

hit the gym get a spotter and go as heavy as you can doing 1 rep max sets... the endorphine release should do the trick

hit the gym get a spotter and go as heavy as you can doing 1 rep max sets... the endorphine release should do the trick

because johnny is only human... and trading is against human nature... it's a intrinsic human nature to eat all you want which is why you need DISCPLINE to go on a diet... the same with trading... although I wouldn't have the numbers but I have a feeling 90% of the number...

I think that trading have a lot to do with perceiving reality... and how you perceive reality hinges on your belief system... IMHO those who enbrace a god-centric belief system is engaging in Self delusion...and simply not facing reality... this PROPENSITY to hide from reality is...

I think being a Atheist benefits my trading... I have no "FAITH" in any of my trades which help in taking losses..even god can't turn the market around... hehehe and my total contempt for the supernatural helps me develope a rational and objective approach to the markets...

Thanks for the advise...def need some time to consider all the options...the leased line looks like the most cost-effective I have no doubt you guys are doing a good job at HK IB, but I will be mostly trading the US markets...so I will be waiting for someone to pick up the...