Search results

what are the best money management /risk management methods in our opinion ? * Novice traders in general obsess with entry signals. Pros obsess with risk mgmt and put little if any value on trade entry signals. * Novice traders in general size up ridiculously big so that a few losers in a row...

typo: What is not to wise is not consulting a tax professional and following their advice. Corrected: What is not to wise is consulting a tax professional and than not following their advice.

As someone who is trading from 10:30pm to 5:15am now, those hours seem fantastic. _______________________________________________________________________ I am doing that because I am in Hawaii - so the hours are perfect. Yes, I think it's an edge for both swing and intra-day moves because a lot...

Jim Rodgers - you know that famous trader that worked with Soros. Well, he has traveled around the world on a motorcycle, holding the world record for times around the world. So he knows what people are like all over the world. He moved to Singapore so his kids would have a competitive edge with...

Comagnum Don't file with 'trader status' This would flag you for an audit at some point. sprstpd This is just terrible advice if you are trading securities actively and have high expenses. You'll be losing out on thousands of dollars per year...

When I traded equities & ETFs full time for a living for about 5 years my tax guy, that is a CPA, a former IRS examiner, and had many clients that traded for a living for over 10 years. This is what I learned from him: * Don't file with 'trader status' This would flag you for an audit at some...

Da fuck are you talking about? This trade never went into the red. This was a few days ago, not on election day, get your shit together! ---------------------------------------------------------------------------------------------------------- oops - my bad. For some odd reason I got spun...

Lets not forget that the school age kids in the US are obviously the most physicaly unfit in the world by a wide margin.

Is there an alternative to the SPY that is cheaper per share? I use a 2X ETF in my 401k - SSO $78 (long)/ SDS $15 & (short). 478

I know its ridiculous. Kids in countries where english is not their native language but taught in school as a 2nd or 3rd language have scored much higher in a few comprehensive english tests over the years.

I learned to never have the attitude you are only betting with the houses money. One year I had a big profit and a few months into the next year I had vaporized all of the profits swinging for the fence on a big trade when a terrorist attack sent the market free fallin while I was out partying...

Its all about the cost of carry which is dynamic depending on the interest rates and the dividends on the SPY. It costs me a lot less in commissions for a RT of 500 SPY shares than for the emini, but the tax advantages make the emini more attractive - if I was holding longer than a year the SPY...

There are plenty of set ups that often play out the same, year after year, decade after decade. The market is like a huge train - it takes a long time for all the participants to get in after a counter trend swing. Swing traders have a great advantage over the crowd working a 9-5 job, able to...

Although the Nikkie 225 futures both USD & Yen are excellent trading instruments just be aware that unexpected news from the BOJ has sent the index into very fast impulsive shocks from 400 to over 1,000 points. Does not happen all that often -just be aware of this.

The Fed babysits the stock market like a sick patient in the ICU.

Esignal - thanks for that info :). Suprised this trade did not register in IB or TradeStation on the intra-day volume.

K - My freakin charts from several different brokers/platforms does not show this big trade on the 1 minute chart. If you don't mind can ask what platform you are using?

That big 1.8 billion ES trade was probably Putin going long - note the huge $80,000,000 draw down this trade incurred only hours into it - talk about the puke bucket. If they made it through that jolt they scored a few hundred fast points and still going...

I'm not aware of any futures dark pools, only clearport, which is not a dark pool but a processs for crossing off floor and OTC trades. ____________________________________________________________________________ Good point, It must have been on Clearport. The CME block trades do not reflect...

This illustrates why trying to follow the big fish in real-time is not possible. This trade was done off the exchange in a dark pool. The trade was parceled into scores of individual transactions, but raw data show that all of them took place at the same nanosecond and fell within boundaries...