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  1. comagnum

    Hedging long in a recession?

    Every bear market is different. Just keep an eye out for what has relative strength in relation to the market.
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    What metrics do you use to measure trading success?

    The longer I trade the less tolerance I have for draw-downs. I never want to be more than several trades away from making new equity highs. I am risking only a small % of my capital at any given time on open positions. That makes it very sustainable and I like that. My main focus is time it...
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    Best Tips To Avoid Being Stopped Out In Futures?

    One approach to consider is trading stock index ETFs (QQQ, SPY, IWM, MDY, DIA, etc) and/or mega cap stocks (SP 100). The reason is you can size down smaller which will allows you to stay locked onto winning positions. The spreads are real tight on most of them and the liquidity is massive. You...
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    Best Tips To Avoid Being Stopped Out In Futures?

    Many traders are trying to trade futures with ridiculously small accounts, they try to over compensate for being insanely over leveraged by using ridiculously small stops. HFTs are very well versed in pain levels, where the clustered stops are, the common entry/exit signals non innovative...
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    are trend lines self-fulfilling prophesies?

    Patterns have boundaries - which are trend lines. You can't have geometric chart patterns void of trend lines.
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    Better to be Wide or Deep?

    I trade about 100 instruments (70 futures contracts, a dozen Forex crosses, and few dozen ETFs/stocks.) I let the setups come to me & don't end up forcing trades that aren't there. This simplifies my trading & keeps me from over trading - I am only in when the reward to risk is skewed sharply...
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    Which future market contract has more Human presence than HFTs and Robots?

    That would be the Nikkie 225 mini (Yen). Still mostly human traded. with deep liquidity around the clock - big ranges, this is break out market. The ticker is N225M.
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    With spoofing, is there any meaningfulness by eye to the order books?

    There have always been a number of ways to make $ illegally from the markets - these mugs always end up in jail & broke. Great traders stay within the boundaries of the law. The fall out of Nav's spoofing destroyed a huge amount of capital and made the public lose confidence in the market...
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    Your Dream Trading Platform

    My dream trading platform resembles a slot machine - when you exit a winner the lights & bells go crazy and your cash is clunked out in silver dollars, on a big one you get your bucket ready to catch the overflow!
  10. comagnum

    2018 - 8 Future Basket Trading Journal

    Good job on treating trading like a business, adapting, and problem solving.
  11. comagnum

    AMZN

    Trump just lowered the bar showing his ignorance has no limits. Ranting about a company for using the nations infrastructure is laughable. Amazon has made their investors wealthy. Trump has left his investors holding the bag, lucky to recover pennies on the dollar in court - not to mention he...
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    Prudent Risk Management Is The Only True Edge In TRADING

    PTJ - Traded cotton futures all day and than traded gold in the the night time session in his earlier years, he now runs a hedge fund. He is a traders trader that has made billions. It's not how many trades you make that matters, the idea is to make your equity curve point north & stay that...
  13. comagnum

    Prudent Risk Management Is The Only True Edge In TRADING

    Virtually every wildly successful trader places risk mgmt as the most important aspect in trading. 'Risk control is the most important thing in trading.' Paul Tudor Jones
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    What is your analysis of PTJ's prediction of the 1987 crash?

    PJ is a legend in the trading world from working his way up from a floor runner in the cotton pits to becoming a billionaire. He is a real philanthropist, giving away $ away to helping poor children. All you haters of classic TA, here is some humble pie for you. What we can all learn from PJ...
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    China to retaliate by not buying treasuries

    It hardly made a flicker in the news - China begins trading crude oil futures denominated in renminbi. They are the largest consumer on the planet having surpassed the U.S. not long ago. https://seekingalpha.com/article/4158424-china-start-trading-oil-futures-denominated-renminbi
  16. comagnum

    Since the 2009 bottom, did most ET blowups occur during the crashes of 2010, 2011, and 2015 & 2016?

    Major bear market bottoms are well known to defeat the vast majority of traders & investors alike leaving them flush, hating the markets, & unlikely to ever want to trade or invest ever again. New bull markets are born mainly from new market participants. That is the cyclical nature of markets...
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    how do i learn how to trade?

    Learning trading is like learning how to drive a car or playing a musical instrument, you learn by doing. Trading requires a great deal of independent thinking, constant problem solving, perseverance, and creativity. Courses & books are mostly sold from failed traders that became...
  18. comagnum

    Percent of your total portfolio that you risk on each trade?

    Percent of your total portfolio that you risk on each trade? Most of my trades I risk 40-80 basis points (.4-.8%). Every once in a while I will take a 'fat pitch' up to 2% when the reward-to-risk is at extremes - like cable at 30 year lows or crude oil under $27 with a bottoming pattern to take...
  19. comagnum

    The percentage changes during this crash since the top have been larger than 1987's and even 1929's

    The 2000 NDX100 (QQQ/NQ) post market top had moves about 3 times as large as what we have now with 5%-10% up & down days routine in the weeks & months thereafter with some days ranging over 18%. On our current market the Dow was the leadership, than it was the NDX - a real bad sign to not have...
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    Position Sizing & Pyramid: how to implement both

    Here you go - I call this layering and not pyramiding. I only add onto my position at significantly higher prices and on moves out of congestion - I am taking profits along the way which makes it a lot easier to be ringing the register as you go. This way I have the smallest size on when wrong...
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