That is your call. Become a specialist in what you find interesting and feel comfortable with. Some peple trade funds and become really knowlegable and expert on funds, and do well. Some will do individual stocks, which is likely much more efficient and giving you many more opportunities...
As a rule, it is best to trade your own ideas and your own plan. If you are searching, learning to analyse and trade, the letters might build bad habits.
An objective interesting one is done by markethistory.
It is based on statistical probabilities of price developement.
Prudential was not a trading house or money manager, but a brokerage.
A lot of serious money is successfully managed and traded on the basis of TA. Just as it is based on a fundamental outlook....or both.
Quacks and witchdoctors run loose in all fields. I don't think any half-way...
What do these funds have to to with Murphy?
I do not see anywhere that he has anything to do with the funds, the management or marketing of the funds.
Or am I missing something?
As for TA? It is a broad subject and TA are only tools. The tools of TA and tape reading skills can help...
Grains are great to trade. The industry as seen here, and promoted gets new traders into eminsi, forex bucket shops, etc.
Real markets with real mega oportunities, but often little daily action, are fogotten.
Congrats on the trade.
Trade exchange-traded currency futures. it is a real market where your are not trading against the house (and their quote feed) in the style of equity bucket shops that were outlawed about 100 years ago.
At some point the FX bucket shops will also be closed down when enough people start...
Greatly reduce your size and or exposure. Take a look at your trading from distance. Trade humble, trade defensively. You'll be surprised....your performance improves.
Don't dwell on wudda, shudda, couldda. It is the past and does not exist and drains energy from forward thinking...
When thinking about the safety of your segregated funds its important to consider the capitilization of your FCM.
If a poorly capitalized and/or managed clearing FCM goes under because one or a group of clients cannot meet exchange margins at the end of the day, the FCM is shut down and...
Interesting and a similar short term pattern across the grain complex. Went long in corn on Friday. I'll probably know by Sunday night if I'm wrong or not on this.
Esignal, Tenfore, Infotec and others like them are adequate and all good feeds with pricing that I'd think fit most retails traders.
Good information, data, etc is a critical trading tools that make a difference over time. I am willing to pay for it.
When the broker is not the market, as is the case in interbank Forex dealing you needs feeds reflecting the interbank market.
Retail FX brokers can and will control the data feed if needed. They are the "house" not the market.
So I guess it you are interested in playing a FX game you...
Do you really want to trade off free quotes or your brokers (the house) quotes, or trade off real quotes from real bids and offers provided by the interbank market.
Compare your free broker's quotes and those from a data provider who is in the business of data , and not brokering and...
www.infotec.ch/
has a reasonable reliable feed and excellent FX data for this kind of package.
The online Forex Trader under the Market Map subscriptions might be interesting.
I have no association with the company but have used the products.
I like trading corn and have done well with it over the last two years. This is not a trending market (at the time) and volatility will likely die down later in the fall.
December is the contract with the most open interest and vol now as it is based on the new crop not yet harvested...
Corntrader. Thanks for your posts. Corn is a nice market to trade. Do you really use such analysis methods? Have you quantified your cycle calls? Good trading to you.
No intention to flame. I simply have trouble thinking that people have "pedigrees." (I know my dog does) and that one is defined by an institution they may have attended.
Further, and for what really counts, I do not buy into the idea that going to an elite school is a decisive factor in...