Search results

  1. comagnum

    Soros

    We all get that the hard right hates Soros. I sure wanted to learn all I could as to how he trades, after all he is probably the best global macro trader alive. His book 'The Alchemy of Finance' is a good read in the later part of the book with his daily trading journal that gives you an idea...
  2. comagnum

    Why Trading is so Hard

    I am talking about selecting trades with high reward-to-risk setups, that in no way implies they will have a high win rate. No trader is going to have high win rates with 'huge profits' that is sustainable. And your statement about not having any down side is ridiculous, at best the down side...
  3. comagnum

    Why Trading is so Hard

    Win rates are way over rated by amateur traders. The more experienced/profitable traders focus on things within their control like identifying trades with high reward-to-risk and using good risk/trade mgmt, that is what wins the game. I would much rather be a trader that can make a decent...
  4. comagnum

    Am I missing something?

    I think nearly all of the seasoned traders suggest having a reward-to-risk of at least 3:1. Traders tend to underestimate how large their gains need to be to pay for the losing trades and still make a profit. For learning more about the math of trading I don't think you can do any better than...
  5. comagnum

    Sticking to the Plan...NOT!!!

    A retail trader that even has a trading plan is a remarkable in itself, let alone caring if you are in sync with it. We all start out much like the baby on the Etrade commercial, just trading at the whim of the moment - letting instant gratification do all the thinking. As long as we are we...
  6. comagnum

    If T.A. works, if you're swing trading, how far in the future can you see?

    Classic TA (old school) is based on chart patterns & volume as taught by the founders, not indicators. Measured moves are used to identify a potential profit targets when price closes outside well defined classic chart patterns. It does not work with any real certainty so good risk/trade mgmt...
  7. comagnum

    You're a Liar

    Most of what I do is tread water biting my time for the few months out of the year when big momo/breakouts are abundant - typically in Q1 & Q4., but not always. That does not mean that some rare birds rarely ever have a losing month although I seriously doubt traders at this level post on...
  8. comagnum

    Why are you posting on ET?

    I am here because I got no where else to go - its either this or the crack pipe.
  9. comagnum

    October Performance

    Oct was good for swing traders with the SP big rising wedge taken out. Trading a lot of different markets you can get into trades like what we just had every week if you wanted to. It was nice to finally see a bit of volatility in the US stock indexes for a change. Even the lethargic ES made a...
  10. comagnum

    If T.A. works, if you're swing trading, how far in the future can you see?

    As a long time trader (swing/momo) of classic chart patterns, my avg time to hit the target is about 4 weeks. I am not 'seeing' into the future, I am projecting the potential move based on the 'measured move' which is typically an equal distance of the price range inside the pattern. Hope that...
  11. comagnum

    You are not a trader until you ...

    You are not a true trader until the very things in trading that once caused you the most pain have been mastered, these same setups now provide you with large gains.
  12. comagnum

    Why Trading is so Hard

    Meditate on this nugget of Zen brilliance from one of the real masters. "A losing trader can do little to transform himself into a winning trader. A losing trader is not going to want to transform himself. That's the kind of thing winning traders do." Ed Seykota
  13. comagnum

    How was trading 100 years ago?

    Livermore was very outspoken on day trading, he saw it as a mugs game, and there was plenty of that even back in his day. Livermores core theme was that the big $ was made in holding wining positions as long as they are acting right, not from flipping stocks intraday. Not trying to knock...
  14. comagnum

    Please, advise a reliable broker

    MF Global?
  15. comagnum

    Anyone using indicators successfully for day trading?

    If you see Jesus in this chart than trading is probably not going to be your thing. A rising wedge on the SPY triggered a waterfall selloff that went parabolic.
  16. comagnum

    Anyone using indicators successfully for day trading?

    Rob the Quant comes off as a knows it all while he shows just how misinformed he is to the point were his claims are so ludacris you just got to assume he is trolling to get a rise. I doubt any adult trader could really be that dense for real.
  17. comagnum

    Presidential cycle seasonality is turning long term bullish for stocks right now

    Lets see how the midterm and Q4 seasonal influence plays out - this could be interesting since the herd is top calling ever since Lehman's 10 year anniversary.
  18. comagnum

    How big is the UST cash bond market vs UST futures?

    Spoken like a complete noob. a.) The OP did not ask about liquidity he asked about size comparisons - Here it is in bold print for you. The spot/cash bond market is far larger than futures. How big is the UST cash bond market vs UST futures? b.) Informed & pro traders care a great deal about...
  19. comagnum

    How big is the UST cash bond market vs UST futures?

    The bond market is significantly larger than the stock market in the volume of cash traded The stock & bond markets are far larger than the Futures market in the volume of cash traded. Forex dwarfs both of these markets. Market size has always been measured in the real cash volume - not on...
  20. comagnum

    New York Post Article - Is Trump Winning His Trade Wars?

    The single greatest threat to our American way of life is ILLEGAL IMMIGRATION!! Maybe the paranoid, uneducated people may believe in that - the facts just don't support it. But than again the Trump followers would have to discard facts and get their 'alternate facts' from Trump's own dementia...
Back
Top