Search results

  1. cornix

    To be a great trader you must think like a "pro dealer."

    I seriously doubt those who move liquid markets intraday do it to just get the money from us retail pikers. :D
  2. cornix

    Day trading is losers game

    Wow, dude, now you officially know the only correct way to trade, anything else besides what you said is a losers game, anyone who trades differently from what you said is a loser. Congrats, mr. The One Who Knows Ultimate Truth! :D
  3. cornix

    Day trading is losers game

    Can DOM scalping in FI or other liquid futures be backtested? Of course not. Does it mean this kind of trading is impossible? Tell this to some FI scalper, make him laugh. :D
  4. cornix

    Day trading is losers game

    Very good points, Riffraff! That's exactly what most don't understand: trading, any trading is always a bet on unknown outcome. Thinking it isn't simply means one either owns the world (the most important inside information at least) already or just is a person who is not in control of...
  5. cornix

    Could this SIMPLE thing improve the odds of making money?

    Yes, sure, sane money/risk management improves one's chances for success. But doesn't guarantee it.
  6. cornix

    Will you still trade if If there is no leverage in Forex ?

    It depends. To keep risk in the sane limits (say 1-2% of the account equity) when trading longer-term from daily/weekly charts, you almost don't need leverage anyway, because 100-200 pips stop-loss @ 1:1 leverage would already be equal to 1-2% risk per trade.
  7. cornix

    Does Anyone Here Cut Losses At 6% Or Below?

    2% of an account is about the max loss I afford.
  8. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    All is fine, Greek voted for bailout, world is now safe, global economic crisis is over, thank you everyone. :D
  9. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Sure. But don't some people at the brokerage firms have access to the book of resting orders in the system?
  10. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    As for stock traders, the beauty of many strategies is "set orders and forget it for the day" feature, which would be negated by waiting and only entering limit/stop entries right near the mkt. With the mobile technologies now anyone with a smartphone and access to broker's order book can...
  11. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Yes, my point was more than almost any case with 3rd party involved carries some risks. And risk of companies like Oanda doing something shady is actually not much higher than risk of something shady in the case of trading stocks. But as Raegan said "trust but verify", so I compare Oanda...
  12. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Would be true in my case, because I basically scalp the market and almost always enter/exit with MKT orders, nobody except me and Heaven knows when and where exactly, plus EURUSD is fat enough to not bother too much about someone else to piggyback trades. But if some successful trader uses...
  13. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Theoretically yes. But practically nothing will stop some guy @ brokerage firm who has access to orders of clients to copy trades of highly successful traders through his iPhone on his granny's account on massive size, which can matter pretty much, especially on less liquid markets like some...
  14. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Any "real" broker can do the same very well too, that's not a secret many brokers also have their own trading desks.
  15. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Not sure about the only, but have an account with them for almost 7 years already and never had issues or reasons to suspect them in anything shady.
  16. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Yeah, was up to even 20 lately.
  17. cornix

    Warning from Oanda to its traders, What is going on this weekend?

    Greek elections. Many brokers raised currency futures margins as well. But have no idea why trade on Sunday anyway. :)
  18. cornix

    Why day trade?

    True self-control and personal responsibility for everything is something many dream about, but it is very, very emotionally hard in reality. Guess that's one of the main reasons so many people fail in trading and in running own business.
  19. cornix

    Why day trade?

    Unfortunately that's not exactly true. When I started 7 years ago I thought it is much similar to running a business, which I did at that time, turned out it makes me sit almost exactly same hours every day except bank holidays in major countries and weekends. Everyone who plans to start...
  20. cornix

    Day trading is losers game

    Yes of course it's better be rich and healthy than poor and sick as we say in RU. :D But it's so funny when people challenge others for not trading huge size and otherwise consider them something not "real". That gives away typical attitude of people who never really achieved anything much at...
Back
Top