As financial participants, if we are to learn from losses, we have to blame ourselves and not others even if the others had evil intentions. No matter what, the retail investors who lost money were not forced at gun-point to hand over money.
I have never traded using multiple time-frames. I have read about some people trading multiple time-frames so that they can have more opportunities to trade. Lower time frames will provide a trader with more set-ups to trade.
I have also read about some traders using a longer time frame to make...
This sounds like customers on futures exchanges are indeed on the hook except that it has never occurred so far. I wonder if "bail in" by customers trading CHF futures happened during the Swiss Franc disaster in 2015.
https://www.reuters.com/article/us-swiss-snb-brokers-idUSKBN0KP1EH20150116
Can the same thing happen for index futures traders or forex futures traders? Is this a risk that futures traders need to be aware of?
https://www.scmp.com/business/companies/article/2163199/blowout-worlds-second-largest-digital-exchange-exposes-soft
In late July, an unidentified trader took...
Good to hear that. So, you are more profitable with currency futures than spot forex. Is it because spot forex is less regulated and more manipulative compared to futures?
Not necessary to trade forex using leveraged forex. Any American can trade forex through forex futures. It could be even better because futures trade on a well-regulated exchange.
Is it possible to download commodities continuous futures contract hourly data through Interactive Brokers API? Single contract last for one to a few months. Continuous data is more useful on a chart. I would like to download GC gold contract. Anyone tried it before?
Trading/investing is a loner's job. Shouldn't matter whether one is working in a group or alone. Having someone look over the screen can be a distraction, especially if they make comments. What value can they add when we already have our own ways of doing things?
Surprisingly, Interactive Brokers is up today at this moment while the other brokers are falling in high percentages. I think it's because IBKR serve lots of international non-U.S customers who cannot gain access to the free trades from JP Morgan.
I have accidentally short-sell stocks on IB platform and the order went through. This is what I particularly hate about IB platform despite being happy on most counts. I wish they will stop customers' orders which are accidental short-sell. Most customers have no intention to short-sell.
I can download at most about 30 days worth of intra-day bars through Interactive Brokers TWS into Amibroker. However, I configured the backfill length to be 180 days.
Has anyone managed to download 180 days worth of intra-day data through IB? I'm wondering whether the limitation lies with IB...
Certainly so. Warren Buffett likes to say size kills performance. He once said he is confident of making up to annual 50% returns if he were managing only a few millions. Ironically, the trend in the fund industry seems to be that most money is flowing to the biggest funds. Ray Dalio's fund is...
I don't quite understand why a CTA holding for a few days is better than one who holds for months if both produce the same return. The CTA holding for a few days pays more commission and is more busy.
I don't think it is luck. Most CTAs are suffering draw-down during the same period. It cannot be that coincidental that most participants are suffering bad luck at the same time. Something fundamental has changed in the market that has affected the industry. CTA trading strategy is no longer...