Harris,
Masterfully done... you get another gold star. I'm awfully glad that you always seem to be enjoying yourself and having a total blast while doing what you love to do. Far be it from me to be a spoilsport, in case everyone else is also having an unbelievably fab time in your magical...
I doubt it. Jack Schwager, of course, has been busy running his own HF, Wizard Trading, for a number of years. So he's now the competition for many of his potential interview subjects. That's probably why he restricted himself to stocks in the 3rd book (and I agree on your characterization)...
Excellent question, OddTrader. I've looked into that a while ago. Actually, no trades have gone missing there. All equity curves and drawdown stats on C2 are derived on an Unrealized, i.e, continuously mark-to-market, intra-day basis. The "Closed Positions" past performance tables are just...
Yes, I presumed that's what you implied; if not, my apologies.
No, I was not "impaled". I no longer put stops in, in advance. As long as the proper risk management and discipline are there, I find it's a lot more profitable that way, in forex. YMMV.
No disrespect at all, but as someone has pointed out, your calls on ET had been a great, consistent contrarian indicator.
If anything, this morning, on multiple time frames, 1.1730s presents a compelling, extremely attractive (risk/reward) opportunity for a LONG EUR/USD. At least 50-pip stop...
Yeah, I see it... that is strange. Euro got right back to normal, but not the 2 NZD pairs... aftershocks?
Also, from past experience, I don't believe they will retroactively correct the charts in cases like this, only actual bad trades.
Just spoke to Oanda. Yep, these were errors, which I'm told they are in the process of undoing. For anyone affected, no need to contact them, unless your particular stop loss is not undone as expected.
Looks like a datafeed error. Euro, kiwi and AUD/NZD cross all had massive spikes at about the same time, 1:45 pm EST. None of the EUR crosses I checked are affected.
Anyone whose stop loss was triggered should call Oanda to have it undone. (An additional argument for not entering stop...
Thanks for sharing that interesting experiment. Since you've only described your real money testing on one particular (as yet unnamed) MM platform, what is the basis for your conclusion that "the results of what [you] saw this week would be typical of what can be expected from any market...
Yes, it does. Got you. Now I see exactly what you meant by "Besides this, good morning :)", 8 minutes after those 2 calls, ha! Appreciate the clarification.
Harris, sorry, I am having trouble placing your currency calls on my charts. From 1.2028 around 9:16 am EST, EC went up about 18 ticks, to 1.2046, and stayed above 1.2028 for an hour or so, before finally declining to 1.2014 area. Similarly for BP.
Your stop and target are 10 each, right...
Oanda has EUR/DKK, currently quoted at 7.4624 / 27. Use their demo platform (FXGame).
Edit: here's a daily chart YTD. Don't know what happened on May 16th...
Right now those fxstreet quotes are OK for 3 of the majors (euro, cable, aussie) and way, way off for the other 3 (yen, swissie, loonie). And they are also clueless enough to quote kiwi inversely to convention, as USDNZD =~ 1.4291, rather than the correct NZD/USD =~ 0.7037, and off as well...