Search results

The Law of LARGE numbers. With 5,000 some tradable stocks in the U.S. and a only a handful of tradable futures products I could understand why more people could end up trading stocks.

Is there something similar to FDIC in futures, where they will insure my account up to $100,000 from a possible bankrupty. And what should I look for in a Futures Brokerage to estimate their long term solvency. I am worried because almost most Futures Brokers are fly by the night kind of...

I guess you'll also tell them to stay away from futures trading. Who are this book aimed at? Option traders?

Thoughts: You have to PROTECT your CAPITAL. PRESERVATION of CAPITAL must be the sole goal of your trading. You have to contain, limit, minimize your risks at the expense of rewards. You have to survive, your account has to survive, for you to be able to open yourself up to potential...

The Law of LARGE numbers. Out of a marathon, ONE winner is bound to emerge.

Anyone know why USD would strenghten today when both the increase in Non-farm payrolls and an increase in wages are both inflationary.

Open an account at www.globalfutures.com, and open up your Internet Explorer and Kaboom !!!

Day 15 CONSISTENCY, you got to be Conistency (even if you sometimes think its the wrong thing to do).. # of Disasters: 3 I have to stick with a system. I cannot impulsively increase my risk, stop etc. I just have to learn to be consistent. If you leave too much to be decided on the...

Isn't that the stochastics oscillator?

Stock market has an upward bias. Try shorting it on a bad day.

Thats 24% return per year on $5,000. Almost Buffettesque.

Thoughts: It is how you handle losers is what ultimately determines how great of a trader you are. You cannot never really learn enough not to have losing trades. Thus, the only thing that is constant in trading is LOSING TRADES and LOSING TRADERS.

I wouldn't touch stocks. All the stocks are SELL in my book.

No problems with 20... anything more in the market you would lose pts on the entry.

Day 14 Marching Onward.. # of Disasters: a lot.. I cannot break/change/mess around with my STOPS, rules etc regardless of how insubstantial the circumstances you think are. I have to contain risk...I close leave a hole out there for the Market to seep through into my account. I also...

Candlesticks on the daily chart would indicate taking a short overnight. But, not me.

lol.... its just about time for us to go back down 200 pts.

lol.. I don't get it... It was obviously overbought, and the higher probability thing to do is to short it. And I tend to add at those special situations. It looked like precisely what it did yesterday. A small dip at the open and huge BUY orders came in and lifted everything up.

3 more got hit at 531 for an avg around 526, and profit target got hit at 516.. sorry. website was down when I tried to get in here for a more real time up to date. Bullish divergence on the RSI.

3 more limit order resting at 531, but it most likely won't get hit.