Search results

You could have just said "Yes, you are completely clueless." Laudatory sarcasm is cruel for those of us raised without love *sniff*

Or, you could take the opposite view and say they had no choice but to fail, the market wouldn't have backed off until they blew them out of the water. When individual traders think the market is out to get them, it's paranoia; in LTCM's case, I think that's exactly what eventually happened.

Ask yourself this first of all -- is there an edge in even identifying above conditions in the first place? Do you really believe that assuming the market will turn at certain times of the day is all that is necessary to make money? Is that method of looking at the market even remotely...

Worth watching if you've already read When Genius Failed a dozen times or so?

I pray to god these systems are here to stay :)

This sentiment has been around for quite some time now and one could easily argue the drop in the dollar for the past several years equally "engineered" in regards to debt valuation (not my assertion, but just in light of what you wrote). I don't see why a recent rise in the dollar makes this...

My dad who used to trade next to me always thought of the market exactly like a casino (he's been playing blackjack steadily for about 30 yrs) and therefore each trade was a "gamble" to him. Hence, he had very little ego invested into each trade and was excellent at taking losses without...

I think most probably share that sentiment, which is why it may have some more to go. I've been kicking myself the last 200 pts down for setting my stops too tight and missing out, so I've officially hit "hoodoo" status for the rest of the move lower. But that's what happens when you play...

I think this hits the nail on the head. Part of developing and implementing an edge is understanding exactly what it is you are exploiting or seeing ahead of the crowd. It's tempting to say that if you have to ask, then you probably don't have one, but then again, the only way you'll ever...

Thanks all for the tips -- anyone actually have bloomberg terminal setup at home? Just wishing out loud.

It's even worse than it sounds -- at least with people trying to lose weight, they have actual incentives to stray from their goals, namely, hunger pains, satisfaction from fatty/sugary foods, relaxing vs exercising etc. What is the corollary for a losing trader that would attract him to...

Futures mostly, not so much interested in individual equities (other than something like GM debt downgrade); text is fine.

bump

http://www.stockcharts.com/charts/YieldCurve.html All of a sudden I just get this pac-man thing in a gray box, and it says 'applet notinited' at bottom of page. Used to work, now doesn't.

Beyond the most obvious relationships (ie, gold and dollar index), I think you'd be hard pressed to find any intermarket correlation that sustains beyond a single cycle, hasn't already been priced in, and which also provides any element of forecasting. Assuming that what most are looking for...

I believe it's under order defaults for each market.

5-second snapshot quotes on top of the artificial spread? Then yes, I would say forget about scalping off forex. Hard enough to be profitable scalping on globex, so just trade CME and put limit orders to good use.

I think all it does it ask if you are sure you want the order to go through, that is all. I don't think IB would ever go so far as to implement risk management controls that would actually prevent you from executing a trade you had the funds available for -- max position size limits...

1) For individual traders, what's the fastest breaking news service available, and at what price? 2) How much slower is it compared to those provided for institutional desks?

I know what you're getting at, and it makes perfect sense obstensibly. But I don't think the situations are identical, for the simple fact that the trader who entered first is mistaken in his timing or judgement -- he bot or sold before (perhaps way before) he should have, and therefore his...