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  1. comagnum

    Take it, vegetarians!

    The findings are misleading & the study was severely flawed, check this out: https://www.news-medical.net/news/20190909/Reports-that-vegetarians-and-vegans-at-higher-risk-for-stroke-are-misleading.aspx
  2. comagnum

    Study says Daytrading for a living is virtually impossible.

    There is a lot that can be learned from the pitfalls of day traders, they are very predictable. Learn everything you possibly can about these traders, and make sure you are doing everything entirely different - learn how to profit from their mistakes.
  3. comagnum

    Study says Daytrading for a living is virtually impossible.

    The subject is clearly centered on "day traders do not learn with experience". And the vast majority in the study have been trading less than a year. In no way do they suggest that the barrier to enter trading is high or that futures or options are the demise of these traders. They mention the...
  4. comagnum

    Study says Daytrading for a living is virtually impossible.

    What planet are these researchers from? Last time I checked any advanced skill takes about 5-10 years on avg to learn. An electrician for example, can not even take the test to get master certified until they have 10k hours work experience & 1k hours of class room training. Only the best can...
  5. comagnum

    A Giant Bet Against Natural Gas Is Blowing Up

    NG has a strong seasonal tailwind that kicks in in Sept as fall approaches, and the same applies to the Russell 2000 which has clearly gone parabolic.
  6. comagnum

    Understanding how bond sales affect 10 year price

    Bonds are catching a bounce off long term support & the futures contracts are inverse. For those that like pictures, this may explain it a bit. Due to the extremes in interest rates historically, the swings are also extreme.
  7. comagnum

    FCM with SIPC- or FDIC-like insurance

    Not sure, my situation is entirely different since I always keep at least 80% of my capital in cash for my risk mgmt. The answers you seek may be found in these links: I forgot to mention interest is paid only on settled cash >$10k & the interest paid is significantly greater on balances...
  8. comagnum

    FCM with SIPC- or FDIC-like insurance

    Interactive Brokers has a cash sweep on futures accts which sweeps your excess cash into a pool of FDIC banks that pays interest daily. This is fully automated & completely transparent to your trading. Their FDIC insurance is $2.5M and $250k SPIC. At current rates, 1 year in the the cash...
  9. comagnum

    HKFE access Sept 5, 2019

    The SGX XINA50 (China-A50 index, 50 stocks listed on Shanghai & Shenzhen) remained up. SGX is all of $2 per month, may be a good backup for those trading the MHI. Singapore is a top notch exchange.
  10. comagnum

    ES Journal - 2019/2020

    Nice to see someone that is not counting their profits & losses with their fingers.
  11. comagnum

    I am massively short the USD.

    That spread on the USDCAD of 1.4 - 2 pips is typical across several Forex brokers I use, at least in the U.S. during the regular session and through most of the extended session. Snapshot of the last hour, after the U.S. banks are closed. For all you Fx haters, only about 15-20% of all my...
  12. comagnum

    How to get more historical ES data into TOS

    Another option is Tradestation. If you can leave $2k in the acct you will get free live market data & historical data. Stocks and Indexes - Tick-by-tick data is available for thirty days back, one-minute data for ten years back, and daily data for more than 30 years back. Futures -...
  13. comagnum

    Stuck Limit Up?

    Be aware that many of the hedgers no longer trade hogs, cattle, cocoa, coffee, oats, rice, and natural gas, and to a lesser degree grains. These are broken markets dominated by HFTs battling each other & cannibalizing any real trading activity. The liquidity n the book may look good but can...
  14. comagnum

    Trading Futures in a 401K

    IBs IRA futures margin is high at 3x, the ES for example requires $27,000 to hold overnight. TD Ameritrade is much lower at 1.5x, the ES overnight is $10,395.
  15. comagnum

    Is trading Gambling or not .."What say You" Vote here.

    Is trading Gambling or not Is gambling trading? Well, there you have it ....
  16. comagnum

    What were your lowest moments?

    Lowest moment was like 'trading places' in reverse. Thought I was set for life, than I blew up & had to start all over owing the IRS $185k for capital gains. The life style change was extreme. I no longer regret this, I was able to channel it into becoming a much better trader/risk mgr...
  17. comagnum

    I am massively short the USD.

    There you have it ... real deal pro traders that trade currencies have no problem using the spot Fx market over futures, depending on the trade(s). I like futures, most of my trading is on this market. I will use the spot FX or equities market for certain trades that I can't do with futures...
  18. comagnum

    Unusual book readings for a long weekend.

    Oh I see, "day trading short term price patterns" is a unique book but Trading Sardines isn't? Well that makes no sense. Unusual is subjective, "Trading Sardines" is not your typical trading book, which is why I suggested it. I bet you have not even read it. Here's another one that is a...
  19. comagnum

    Unusual book readings for a long weekend.

    "Trading Sardines" Linda Raschke Just heard an interview with LR, she was very direct & dispelled some of the popular delusions, like expecting to make a living as a retail algo/quant trader as a losing proposition & how so many newbies are way to naive, taken in by the many Charlatans...
  20. comagnum

    Serious Question

    "Assume probability of profit > 85% and 10% on account equity daily is relatively easy to do with standard exchange margin. Right, at 10% a day you would corner the worlds money supply. To be take seriously by a pro trader or firm you need to run it live with at least $25k for 2-3 years. The...
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