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You better hold on to it -- god forbid your better system stops working, you'll have to settle for a doubling only every four months or so. Sucks, doesn't it? :D

If you extend the logic of the above, you'll see that "ideally" there is no difference in exit and entry -- just bookeeping. The artistry is equal. In practice, in one's mind, it never quite gets that close. But I think it helps to try to bring one's actions as close to that ideal as...

A problem would be defining what "big risk/profit" means -- for example, does trading 1 currency contract per 20K in the account qualify as "risky"? How about 10K? What about tripling one's usual size through pyramiding in order to capture an intraday trend -- if one sets the stop immediately...

I don't agree. I mean, yes, if you are aiming to make 8 figures annually, you will probably start to hit size issues when using techniques and time frames typical of individual do-it-at-home traders. But to say one needs to "risk everything" in order to take something that works "small"...

You think money grows on trees? It's not too hard to figure out what can go wrong.

CAD has turned out to be one big distraction this entire week, considering what is going on with the dollar. Is Quebec seceding or what?

That's the thing, it's MUCH easier to get LUCKY and make 15, 25, even 50% in a market like currencies or metals (and I'm talking one month, even one week LOL). The key is knowing that if you're using all the leverage a market offers, what might seem good on paper relative to other markets...

I agree with the gist of your post completely, but I would have to say that if you are making just 15% on certain futures markets full time, it's not worth the bother. You MUST be far far greedier when it comes to levered markets, otherwise, you are doing something wrong. In certain markets...

Although I think the loonie will play some catch up vs the dollar, I tend to agree, you're only going to really profit if the euro itself falls. Any further weakness in us dollar will just make it worse for eur/cad shorts. That begs the question, why not just short the euro then? Or go...

That's the rub, it will only give you a significant pullback when it's ready to give everything back. The sunday evening gap-fill offered a pretty good entry imo.

Lots of TA doesn't work simply because too many people know about, plain and simple. The market, as discounting mechanism, reflects ALL trades, whether initiated through FA or TA, so "sell the news" phenomenom exists for TA as well. Typical chart patterns used to work far better when they...

Something wrong with your quotes, eur futures never got higher than 1.3231. Generally, EUR is 1 pip with a few exceptions (like right now).

Who cares about reasons . . . shoot first, make up something later on. :)

The mechanics are exactly the same as your MSFT example (but you would buy 10 puts, not sell), you can also go long eur futures and use futures options (long the put). Or as Oddtrader suggested, just go long the eur call outright, and limit your downside to the premium. I'm no options...

You can use options to limit your downside, but if you want to stay long eur/usd you will have to remain exposed to adverse movement -- you cannot hedge away risk completely if you intend to remain long the pair.

I think you need to give this move more credit, if they were just out to trigger stops it wouldn't have lasted this long. I don't think it's a coincidence that the 30-yr has also started to clear resistances.

Flat -- so now it can really tank :(

Oh -- perhaps that is true, but I wasn't asking because the weakness was necessarily mysterious, I just woke up is all, thought you guys could bring me up to speed :)

Good idea, I never trade sif and opened a short today, so there's your contrarian signal if anything.

You bears are slacking.