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I have excluded overnight and eth gaps, because im an intra day trader. If i include them then the ranges become even bigger than shown and could give a false sense of how big the intra day moves are. RTH in US stocks (dow stocks anyway) are still relatively good this year, compared to...

They abolished the Uptick rule in 2007. If it was still in place i think the stock markets would have even lower volaility this year.

Here is the intra day range of the Dow (regular trading hours), excludes overnight gaps, from 2002 to yesterday. Each year is about 260 data points. There is a period from mid 2003 to mid 2007 where intraday moves were lower than what we have seen this year. We have all been spoilt by the...

We need a black swan to spook the markets, otherwise we going to see more and more reduced volatility over the next 12 months. Until then batten down the hatches and preserve capital.

I been watching the markets since 1999. 1999,2000,2001,2002,2003, second half of 2007, 2008, 2009, 2010,2011,2012 were all good trading periods for my style of trading. Lots of booms and busts (fear and greed) in those years, dot com boom followed by bust, followed by iraq war, then financial...

Yes the news events can cause panic behaviour for either the longs and shorts, which lasts a day or two. But ideally we need a constant state of panic in the market that lasts for several months or years. Extra ordinary delusions and the madness of crowds. In the mean time we have to try...

When i said volatility i really meant 'fear'. There hasn't been much fear in the markets recently. Its easiest to make money when there is either a lot of fear in the market or a lot of greed (which is just a fear of missing out). That is when other market players panic and hand over their...

Almost impossible to predict. Historically October has good volatility which can feed into november. So if things are like 'normal' over the last quarter i would expect some improvement. However there are no guarantees the final quarter will be close to 'normal'. I get the feeling things are...

2008 and first half of 2009 were easier markets. Simple breakout systems were printing money. Anyway i give you guys an update : Current balance is: £30020 September has been an unkind month so far.

I laugh when guys brag about only buying new cars cause second had ones have been sat in by some other guy first. But at night they are probably putting their dicks in somewhere another guys dick has been before them.

Profit factor and worst case drawdowns are my favourite metrics these days. pf>=2.0 and max drawdown of 15% is what i personally aim for. What is the profit factors for this system?

83 no. But when did he make his first billion (in todays money), he was probably in his fifties. Depending on your age swapping with a 50-60 year old, might be worth it.

I wonder what she saw in George Soros the Billionaire that made her decide to marry him :confused:

No! The problem is that Livermore didnt have good money mangement, he doesnt talk much about getting smaller when things are going badly. This is why he blew up so many times. So you need to read other books as well as RoaSO.. Market Wizards is good one to add to list. Guys like PTJ...

Also Boiler Room was released just a few weeks before the March 2000 top.

I presume based on your join date you have only been trading for a couple of years. FOMC meeting decisions of the last few years haven't been very market moving. The spike yesterday was like the spikes of old. These types of moves used to happen much more often on FED meeting days.

I dont think it was Seykota who came up with that quote. http://quoteinvestigator.com/2011/08/09/remain-solvent/

Nasdaq composite bubble high was 5000+. Adjusted for inflation it was probably over 6000 in today money. We still some way from both of those. Nasdaq 100 even further from its all time highs.

8 years is way too small a sample. I mean if you toss a coin 8 times, quite often you will get 6 out of 8 for either tails or heads. How about the last 80 years?

This sounds like the final nail in the extraterritorial stuff. But they could still come up with stamp tax on their own exchanges.