Search results

Depends upon your choice of bank. A major foreign bank will not fold in Panama alone. regards f9

As I said, it is just me. my reasons are.... . increased overnight margins. . weekends. Do you really want to be long over a weekend. . close to close days that yield bugger all points, or worse still reverse against your trade, when it would have being a nice profitable intraday. The...

Best to drop this conversation. You seem to have covered everything in theory but left trading behind. It is only about risk. regards f9

Well that is the name of the game. Stop out and re- enter is smarter than wider stops. But each punter will come to their own conclusions. regards f9

Sorry ML, I don't work with examples that don't work. Risk. Talk to me only in terms of risk. I only understand risk. Nothing else matters to me but risk. regards f9

In all fairness, I need to read the words of explanation from ML Quant regards f9

You will need to expand this concept, otherwise I am lost regards f9

Why don't you think of a way of bringing the bigger picture down onto the faster frame and allow it to merge. You really want to rid yourself of too much mental processing and focus on the tactical side of risk management. regards f9

Yes, I will go with that. If you start off in the company of Position Traders you will pick up some particularly nasty habits which you will need to rid yourself of before you can begin to day trade. Once you can day trade profitably, you will have acquired sufficient knowledge to know...

Fair enough O, we all make decisions based on what we see. I have changed my timing but my stops and trade size remain unchanged. The odd outcome is my fill ratio has dropped but my entry stops have increased disproportionately. All in all todays ES has a better session yield...

IMO they are too lazy to think the puzzle through clearly, or they trade OPM or they are most likely paper tigers on this site. Given the fractal nature of the markets and the account size at risk to position trade volume I cannot see the point. But that is just me. regards f9

That is it Joe, Stop first plus or minus risk = entry Sometimes you are not filled but all of the time you control the tactics rather than have price drag you around by the nose. regards f9

You are too emotional for my taste tN regards f9

You are a thinking man O. Just forget the rest of your post and focus upon this statement of yours. It will change your view of price behaviour. regards f9

Interesting. Three assumptions within two posts. What if Traders follow price waves and are not scalpers. And what if they adapt their strategy around a 3 tic stop. What if a 3 tic stop is the constant factor in their trading plan. regards f9

Interesting thought. But what if a successful ES Trader is trading his usual style with a 3 tic stop in this market. regards f9

Yes it is but I cannot believe foreigners get sucked into silly deals, RE either overpriced or without clear title. And then they turn around and blame their own stupidity on the gov. and it's people. If people wish to do business outside their turf, they firstly need to consider a couple...

I will be there next week. Panama City is grossly overbuilt, awash in credit, but they are extremely difficult people to sit down with and have a straight forward conversation. Local money works in with the gov. to play a game called let's stiff el gringo loco, but I rather feel that it...

Widening stops has more to do with the sad fact that the Day Trader does not know what he/she is doing, rather than being a part of a well conceived tactical ploy. Whilst it is very true that price is our teacher, it is not our tactician. We are. We set the rules of engagement. We decide...

WAS, the word is WAS... "how strong the buying or selling WAS" Uvol/dvol is just another piece of gathered information. One more thing to process. The question in day trading is what am I going to do if such and such occurs. It is essential to think forward, not backwards. By...