Search results

The point I think was, Hedgers want to lay risk and are willing to pay. Speculators are willing to accept risk and want to be paid. So theoretically, the system favors the speculator if nothing unforseen happpens. Just like the actuarial tables tell us theoretically the insurance company...

when you hit the hotkey, whatever price shows up on the order, that's the order, regardless of what the market does afterwards. The auto stop is contingent. It does not become working until the limit is filled. If the mkt moves before you transmit the whole limit and autostop, it's better to...

I went to lunch, came back, and sat down to eat my lunch. I clicked my mouse and saw there was an order to blow up China. Good thing I didn't have my autoexec on.

9 bid at 830.25, 8 offered at 830.50, 8 buys take out 830.50, offer goes to 830.75, best bid is 830.50, my mkt sell is filled at best bid. All in the flash of an eye! Too bad, cause if was any slower, I might change my mind and hang on to my long position cause it looks like it wants to go back...

ok, then I stand corrected. Will have to re read it again sometime. Thought he ended it all after a big loss.

es same as SPY, 500 stocks, mostly large cap, in all sectors, MSFT is a big mover nq same as QQQ, 100 largest nasdaq stocks minus banking shares, MSFT is big mover never could see the point of qqq, If you want tech, XLK. If you want retail (whatever, I forget) Whoever heard of...

The book is more about what goes on in the mind of a trader. How much is enough? Can I make it playing safe? Is luck on my side? Livermore went through a time when he had an office and assistants doing research. He tried to play by the book, but in the end, the gambling got him. His...

It's about the history of trying to predict the future. Starts at the beginning with weather famine and floods, goes on to dice, then the financial markets. So far no one has successfully predicted the future. Ends with chaos theory. Excellent book, well written. Very good for getting your...

then I'm gonna take a day off

and lose about 1 year off your life expectancy for every grand you make!

no lie, the other day, the numbers came out at 8:30 est, and 7 points up in about a minute, then the slow fall back to about even for the open.

yeah gaps, I know many trade them. Some insist they must be filled. But then what are all those overnight trades? Non events?

the ma's in the morning are not reliable. The only first hour so called system I know of that sometimes almost always works for a good while is enter on stops above and below and hang on through hell and get out at highwater. This method usually goes 100% for many many days, and then it goes...

And another thing, where is this long line I need to wait in for a stop or mkt order? If I have a sell stop or sell mkt order and the bid is 830.25, what line do I have to wait in to sell at 830.25? If 830.25 is my sell stop, then my sell becomes mkt at 830.25 and what is going to prevent me...

If you're too stupid to figure out how to use tws, then probably your whole life sucks.

so then that would be great if you want to stay long. You can sell your long MAR and roll out to JUNE and buy it at a discount. But the problem is, if you are long MAR, you may not have enough money left to roll out to JUNE.

you can check the spread between the Mar and June contract. That is what you'll pay to save yourself one rollover. Otherwise, on rollover day they become very tight. Even for longterm positions, I think e mini is superior to etf due to tax treatment and zero margin cost. But yes, you the...

My favorite system uses chaos theory. All you do is wait for a hurricane. Then you do the math, and it can predict when a butterfly will flap it's wings half way around the world. It takes about fifteen years for the cause to produce the effect, which is good, because with the slow computers...

you can also get some interesting trendlines connecting successive ma crosses. This kind of TA isn't about rules, it's about a framework from which to trade. When I lost my intuition, I had to rely on TA. Now I am just getting to the point where I can use TA intuitively.

I don't get it. This system worked fine when trading AMAT. But when I used it on ES I went robust.