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  1. I

    Aud/usd

    Nice catch.
  2. I

    Does it help to work in NYC?

    You really need an "ethnic" palate to enjoy good inexpensive food here, but then you can find great places where you can go every week and not get tired for under $40 for 2. Want the cheapest and best chinese food in NYC? Get out of chinatown, take the 7 to the end to Flushing, pretty much...
  3. I

    Risk to reward: positive, negative or neutral ?

    What's with the 50/50 coinflip stuff? Why settle for so little? Why don't you go for 80-90% winners, with 5 to 1 or even 10 to 1 r/r? You won't get there, but if you force yourself to at least try you're bound to find something more effective than your "target" goal right now. Agreed w/...
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    Where Did You Find your Strategy?

    The only "strategy" I have is to be on the right side of the market, as timely as possible. I suppose it's "tape reading" overall that gives me an opinion that ultimately pulls the trigger, but it's an amalgam of news interpretation, cross-market relationships, sentiment, etc. Charts are just...
  5. I

    The market cannot defeat you

    Agility?? You mean Dexterity! Agility is so late 80's
  6. I

    The market cannot defeat you

    What if the market will only go down when you buy it, and won't stop going down until you sell it? That would be quite germane to the discussion, no? :)
  7. I

    Any Troubles with IB TWS 865?

    Are conditional stop orders available yet?
  8. I

    Should I day-trade full-time???

    Lately I try to give people the benefit of the doubt that they're not just making up numbers. But ultimately, the question the thread-starter asks is a good one for anyone thinking about going "full-time", whether or not they've produced astronomical gains. So even if he's lying, still a...
  9. I

    Never Short Oil Over The Weekend

    I dunno, when you see these kinds of threads and frantic posts (some that are several days old) pushing one's position, it's almost karmic that oil went down today. If I were long oil into the weekend's news and saw today's price action, I would hope to think I'd have switched short at some...
  10. I

    Why do losing traders always buy tops?

    Certain traders have a tendency to buy when they should sell and sell when they should buy, and they end up being losing traders -- whether it's buying the top or buying a new low, losses will occur either way.
  11. I

    Should I day-trade full-time???

    The most important thing you must consider before actually quitting your dayjob to do this full time whether the manner in which you've made your profits will continue to be viable in the future. No doubt that this is a hazard that every trader faces no matter how long he has been trading, but...
  12. I

    Christmas Trading

    I don't know if that gbp quote is accurate.
  13. I

    games and hiring traders

    I've read that cover to cover more times than I'd care to admit -- why would you assume I am unaware? Could it be I'm trying to make a point besides the obvious? Would you start basketball try-outs with how well they throw a football? Why dance around the subject? Sit them down in front...
  14. I

    Which games resemble the game of trading the most?

    First instinct is to say poker, but like in trading alot of things that appear parallel often end up perpendicular. Imagine someone like phil hellmuth or mike matusow at trading? Assuming what's seen on tv isn't entirely an act. Have there been any big name poker players that have gone on...
  15. I

    games and hiring traders

    But somehow playing another game completely unrelated to trading is going to reveal hidden talent? If the prospective hirees want the job desperately enough, the psychological pressure to succeed will likely equal that of a small real-money account.
  16. I

    Aud/usd

    aussie at 8050 atm?
  17. I

    games and hiring traders

    A demo account?
  18. I

    trend following delusion shattered

    I don't think anyone here would dispute the fact that blindly buying new highs is not enough of an "edge" on its own. But the same goes for indiscriminately buying new lows, fading the prior range, using chart pattern X or indicator Y, etc. Why pick on trendfollowers as opposed to anything...
  19. I

    Never Short Oil Over The Weekend

    I'm guessing somebody's got a position to talk up? Just a hunch.
  20. I

    Currenex, HotSpotFxi, Lava - Pimps for the Banks? - No Scalpers

    Bingo (at least for the futures part, especially in regards to individual traders). If on currenex the banks do not have to give hard bids and offers that fill instantaneously during fast markets, then I don't see how scalping is even possible. But please correct me if I'm wrong.
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