I don’t know any traders and this question came up to me...”am I over leveraged”
I trade (2) NQ futures contract per $50k in my account. I typically risk 1.8% of capital on deposit per trade... and take maybe 3 positions per month or so in the nq.
If for instance I double my money, I would...
I'm with you Scataphagos, the market generally trades very similarly in most time frames.
My original response to the original poster is to start on longer time frames...he will get eaten allive slower and have a chance to learn. Short term is the hardest because of the vig and the speed at...
Makes sense. I do agree with you. BUT...if they got very little or no skill...the money will evaporate quicker day trading then swing... in my opinion.
I would not day trade... look to trade positions medium term or longer term. Intraday is the hardest to learn. Don't start with the hardest.
Trade small, and look to hold for multiple weeks.
Don't forget to spend 1000's of hours HAND back testing before you implement real money...that's the...
I honestly think these well known hedge fund guys, have already made it pretty big. They get lazy at the stage in which we hear of their profiles and then watch their blunders.
Also size is a huge issue.
I agree, the last couple weeks the only way you play crude is from the short side, with...
Trading account only up 1.8% this month. Took 10 days off and floated around the Carib. I don’t trade on vacation. I’m typically drinking at times and I never ever drink and trade...ever.
If I were home I would have been up about 4% to 6% for November based on my back tests. Great trading...
When I read this, I get a bit confused.
I trade Equity index, FX, Metals, and Energy on CME.
If I am reading this correctly, Thursday is Thanksgiving and that is the first of any change on those contracts where they HALT at 1pm Est?
Playing that game, I can't see returns being north of 10% WITHOUT taking extraordinary risk... makes no sense to me.
You are better off buying SPY's and writing puts targeting 3 to 4% in "extra" yield from writing puts.
If my trading account ever gets too big.... that's exactly what I will do...
I don't understand how my dumbass outperforms by such a large margin, is my edge that good or is the fact that I'm not trading an institutional account or an account 10Mil + play a HUGE factor?
I've sold naked in the past, never really liked it. It Didn't even feel like "trading."
I could be wrong, but I feel like many traders fail, and then they discover selling naked, and it is their holy grail that they finally found. It works great and it feels good to make money so they...
With futures I can put decent size on and not have to worry about gap risk as I don’t hold over the weekend, and trade futures 23 hours a day.
I feel much more comfortable trading futures over stock in looking at the above aspect. I trade the usual suspects in the cme futures world...the ultra...
Question for the original poster...
Did you have a plain old vanilla bracket order and the price ran right through your stop and zero execution by IB?
Did this have something to do with your api?
I run brackets all the time, never had one problem.
Lately I split my orders in two where...