Search results

Do something that you don't want to do, such as eat a handful of dirt. That's what trading is like.

===== I am a newbie to technical analysis and I am learning to apply technical analysis to Intraday and daily plus weekly charts and would really appreciate some help as to which Intraday and daily trading hours should I use to do technical analysis and which trading hours respond better to...

I question if the Yuan will rally against the US Dollar if the Yuan is allowed to float. Since the exchange rate is pegged and Chinese factory production is (or was recently) at maximum levels there is a high inflation rate in China. Raw materials in China sell for high prices or, if the Chinese...

The trend is down. Why are you long?

I don't know if the Chinese would keep the US bonds or sell them. If the Chinese float the Yuan I expect the Yuan to rally relative to the US Dollar. Chinese goods become more expensive in the USA. The USA experiences higher inflation and China experiences a recession. The US Government raises...

The losing will end when you end it.

Who knows? I'm long 4 contracts. Holding it as long as the price goes up. If the price of crude oil keeps going higher and the price of corn keeps going lower someday we might burn corn instead of oil.

I wear sunglasses and a panama hat when I trade so nobody can read my face.

I suspect that it does not matter exactly what trailing stop you use. The markets are messy enough that lots of things work about as well as lots of other rules.

What % risk do you use for a stock?

Nothing can predict the future. Don't fool yourself. Some things (cycles, Elliott waves, astrology) can appear to work for awhile. When they stop working followers lose money. There is no easy money in the business of trading. There is some evidence that long term holding makes money. Warren...

I expect all markets to be electronic markets eventually. I also expect commodity prices to become much less stable as the US Government goes broke. The Government will have to abandon it's price stability policies. Just my idle guesses. My crystal ball is busted.

I always have a problem with this trend stuff. If someone sells me one Dec 2005 Corn contract for $ 2.29 / bushel the transaction carries no trend information. The only information contained in the transaction is price and volume. Possibly there is spread (bid and ask price) information. There...