Search results

I saw that post already and remember that 2011 trade. You started it near the highs of the year, and added all the way down through the 20% correction. This year we've only had two smaller corrections so far. So not as much opportunity. I wasn't trying to tell you that you're wrong or...

I notice you haven't made much money this year. Since the year is drawing to a close, how do you feel about your performance for 2012? Have you considered ways to improve it? This idea will work for you in bear markets, but underperform in bull markets. Maybe in bull markets you could...

I also think it's funny when people frame themselves as profitable traders. Like when people will say something like "I've been trading full-time for two years" and neglect to admit they've lost money during that time. But you never know. Some of them might actually be profitable. I...

http://www.elitetrader.com/vb/showthread.php?threadid=237397 In all seriousness I find this very discouraging..............

Surfer you might enjoy this. http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfschroedercomplaint.pdf The link is about an ET poster (he stopped posting recently because he owes Atticus money). He can talk the talk as well as anyone. Has posted...

fellow followers of hedvig, I bring sad news today.... very sad news indeed. I am officially devastated. The little bird returned..... and showed me this link..... http://www.cftc.gov/ucm/groups/public/@lrenforcementactions/documents/legalpleading/enfschroederorder.pdf Could this...

No benefits. Good point. No vacation. You mean no paid vacation. No interaction with others. Probably true for most. I understand Surf's skepticism because there is a lot of smoke and mirrors in this industry. But it seems Surf is moving the goalposts here. First it's trading is...

This I agree with. Leverage cuts both ways. However, I do believe TA can be used profitably to trade for a living if the person is well capitalized. Or maybe if they live in a country with low cost of living. I hear Mexico is really cheap. :D But no, I don't believe Average Joe's...

I am new to trading. I read something about quarterly estimated tax payments. I think it's only if you file as self-employed or trade through an LLC or something. Is that right? I assumed I could add any capital gains to my end of year income from working and file it all at once. I...

Yes me too. Though I am not young. At first I assumed everyone on forums was profitable. "How lucky am I to find this great community where we can all get rich together!" I remember one guy trying to teach me a system he learned from Barry Burns. Kept saying it worked. I picked it...

I will look into NoDoji's suggestions. The 4 ticks profit shown by the system as tested would probably be lost to slippage. But at least this system is objective. Break of opening bar. I don't know how anyone could backtest a trendline because it is so subjective. Sometimes I can...

Ok, RESULTS UPDATE: Of 30 trading days (Sep 12 to Oct 23) there were 16 on which a trade triggered. Using the above rules we have: 4 winners of .24 = .96 ($960) 5 breakeven = 0 7 losses of .12 = -.84 (-$840) assuming no slippage that gives .12 profit = $120 per contract for...

Question 2/27/12: Hey MF what you pay a RT for comish with TOS? Confession time! Is this true? If so who did you do some "favors" for? Or are you bs-ing people. :) I talked to people at TOS and they say no one gets that low. I know this is an old post. But was wondering if you...

Ok, so I have studied NoDoji's opening bar breakout idea.... For the last 30 trading days in CL... Sept 12 thru Oct 23....... 4 days gave a MFE greater than 20 cents using those rules. (.40, 1.45, .30, .37) 14 days had no trade 12 days gave less than 20 cents MFE before reversing...

How are you supposed to figure MFE anyway? MFE in the next 3 bars? Next 10 bars? MFE by the end of the session? MFE reached before price touches other side of opening bar? MFE before price returns to entry point? MFE reached before XXX amount adverse movement? etc. Lots of...

Does anyone think the election results will effect the market? Logic would say if Mitt wins the market rallies, and if Obama wins it tanks.........

Is anyone going to try NoDoji 5-min bar breakout idea? I'll try it now. Let's see how it goes.... :cool: Friday: long trade. MFE = .40, MAE = 2.72 Thu: short trade. MFE = .16, MAE = 1.71 Wed: no trade. Tue: long trade. MFE = .12, MAE = .88 Mon: short trade. MFE = 1.77 (finally...

Yes, please fill us in.... As I recall, Dr. S is in the "retail trading is impossible unless you're already rich" camp. But people online say they can make thousands of dollars a week trading futures from home in a 25k account. Dr. S says no one makes a living trading a 25k futures...

a little bird told me this was Hedvig's personal ad.......... http://www.okcupid.com/profile/narcissist4ever?cf=regular :confused:

Trading gold rush? very few people are interested in trading. the dingbats are selling to an ever-decreasing customer base. probably not much money in vending and selling....