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no you are SHORT USD if you Buy EUR/USD & Sell USD/CHF Put the above two examples together and you have a negative USD balance (short) of 2290 and positive balances (long) 1000 EUR & 1195 CHF. The correlation matrix that you posted a link to earlier shows a result of -95 between the pairs...

If you put on the trades using IB's demo TWS and view the account balances it will be apparent. They actually show the currency balances in the account info window. Whenever you buy a currency pair you are buying the first currency with a loan in the second currency. So if you buy 1000...

I understand that you chose EUR/USD & USD/CHF because the movements are not highly correlated. But do you realize that by being long EUR/USD & short USD/CHF you are actually short USD in both trades? The movements may be statistically un-correlated but I don't think these positions hedge...

That dumb bastard probably couldn't care less about 9 years if he gets to keep the money he made illegally.

Are there any sites that will give you the yield on the Bund? Or better yet does anyone have an equation to calculate the yield from the futures price?

Everytick, Thanks for the links that looks like some interesting info. I agree that relaxation techniques are a better longterm solution than meds. ----------------------- Today I graphed my Equity line from the first trade I took on March 17 till Today. This produced some VERY...

Processed sugar and white wheat flour are probably the two worst foods anybody could eat. I'm very careful with my diet so that's at least one area I can scratch off the list.

I'm trading discretionarily mainly using Joe Dinapoli's trade plan as described in his book, "Trading with Dinapoli Levels" I've studied these methods for a few years while not trading and I strongly believe that it is a solid trade plan.

I'm trading futures. I believe another part of my problem in april was trying to watch too many markets. I was trying to keep an eye on ES, NQ, ZB, EUR, ESTX, & the bund. I just analyzed my monthly statement last night. The majority of my trades were in ES and I was profitable in these...

a $25k account was my original plan, and I have been thinking about increasing the size of the account but still trading one-lots until I see some consistency. Intraday margin @ IB is only $2k for a one lot so that played into my reasoning for the "mini" account size. I agree...

I would definitely be open to hypnosis. But how do you find someone who really knows what they are doing? I'm 95% certain that all my "problems" are caused by faulty programming in my subconcious mind.

Well that's the way it should be but that's not what I'm finding. I'm trading with a VERY small account already and only trading 1 emini. Conciously I can deal with everything but I believe there must be some faulty programming in my subconscious that keeps creeping out once I'm in the...

Well said.

I don't have the p&L on screen in real time but I have developed a bad habit of checking after every trade. This I can stop, and I will try that this week. I have read "trading in the zone". I know WHAT I need to do and HOW I need to think but I am having trouble with the implementation...

I'm sure all traders are happier with profits than losses, but I belive my mood swings are excessive to the point of causing irrational decisions at times. I'm would like to remove emotions from the equation completely. Anyone have any success with meds such as zoloft, paxil, etc? I was...

Anyone have any opinions on ISP's in the Cherry Hill, NJ Area? I'll be trading through IB & Elocal and using CQG for quotes.

My problem with gold is purely theoretical. I realize it is recognized as a store of value but I think this is based on majority perception. Theoretically, if you controlled all the gold in the world what would it be worth? Nothing, no one really needs gold for any widespread commercial...

Great post! Let me preface my comments with the fact that I'm not currently actively trading and hence any analysis has been done in bits and pieces. I was becoming very concerned that the US Dollar may not be the best currency to be holding for the foreseeable future because: 1. Talk of...

I tried the metaserver for the IB API. IMHO, it didn't work very well at all. I wouldn't rely on it when money is on the line.

Well testing over the weekend, rather trying to get it to work, has turned me away from the Metaserver products. The DTNIQ Dynaloader combo has been working great today. there are more ticks coming into TS than my IB TWS and the quotes are almost perfectly aligned. SO close it's hard to...