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  1. comagnum

    Equifax has been Hacked

    I'd rather them spy on my internet history than have my sister/daughter/niece become a sexual assault victim. The NSA has no role whatsoever in on-line perverts/predators. Your local police will handle that, in some cases the FBI may get involved. They will follow the law and get a court order...
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    Equifax has been Hacked

    You've got to be extremely specialized to know what you're looking for. It's not like a kid with an Ehow search can do that. These guys are trained. Extremely specialized: True that not just anybody can use the PRISM app. That would be either the tens of thousands of their employees with a few...
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    If Trump gets his way, expect a 'perfect dollar storm' to rip through global markets

    "The notion that changing taxes is going to lead to a growth spurt is pure nonsense.” The whole notion of earnings trapped offshore is misleading, Steven M. Rosenthal, a tax lawyer and senior fellow at the Urban-Brookings Tax Policy Center. “The earnings are not ‘trapped,’” he said. “They’re...
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    Equifax has been Hacked

    The NSA with it's $53B budget for spying on everyone has placed back doors on all the networking hardware & software. Snowden warned us the app for gaining access into data networks/phones/email servers/even auto's would fall into the wrong hands and it has already has. The NSA has insured...
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    Equifax has been Hacked

    What? Did Equifax buy calls on Life Lock & Cyber security stocks? Contrary to popular propaganda - it is really not that difficult to keep hackers out of enterprise networks if you know what you are doing. The problem is only about 1-4% of all the IT people out there have a clue when it comes...
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    Beginner seeking guidance

    I would suggest listening to the free interviews on 'Chat with Traders' - it is a gold mine of info giving you a comprehensive view at how top notch traders started out, their strategies, mind set, money mgmt, routines, what they learned along the way, etc. It covers all trading styles and...
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    Need 900% in 3 years- what would you do?

    Life is to long, or was that short? for worrying about losing some $. I say pull of the rear mirror view and look only out of the front windshield - the road ahead may be a lot better than you think.
  8. comagnum

    Need 900% in 3 years- what would you do?

    Were not trying to kick a dog when it is down, well maybe a little bit (hehe) - some of us have been there & done that. That 10% may look like a fortune down the road if you were to lose it. Seasoned traders with good track records size down & get more selective on entries when they are...
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    Is 15 Mbps sufficient for day trading?

    Isn't the simple solution to just prioritize data with QoS and not worry about how much is being streamed at any given time? Why complicate it, its so easy to implement and doesnt degrade your service. QOS on your home router can not resolve network congestion from users on your LAN that are...
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    Is 15 Mbps sufficient for day trading?

    What about if its a shared internet connection in a household that streams movies and TV shows in 1080p, does he have anything to worry about? It depends on your router/switch/firewall and exactly how much is being streamed at any given time. You most likely will not have any problems, but if...
  11. comagnum

    Need 900% in 3 years- what would you do?

    The best commodity traders of all times with 30+ years trading, we are talking about that 1 in a million trader, may have 1 year with very large gains - a lot closer to %500 than %900 - these alpha traders the best of the best have a long term (>10 years) ROR around 50% - at least the ones that...
  12. comagnum

    Is 15 Mbps sufficient for day trading?

    Your Internet connection is the least of your worries. You could run a high rise building full of traders on fiber 15Mb/10ms without any performance issues since trading data feeds consumes very little BW & you have low latency - on your ISPs network anyway - you still have to traverse the cloud...
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    Put these charts on your wall for reference the next time you think… Something is “oversold”

    And his sitting tight that caused him to go broke 4 times was it? Huge amounts pissed away. Livermore is considered the greatest trader of all times in academia. I don't recall any day traders in the 1929 crash being asked by the Fed to save the market. Livermore was up $100M(1929), that's...
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    Put these charts on your wall for reference the next time you think… Something is “oversold”

    These charts show exactly why short-term trading ..i.e.....seconds..minutes..hours is so much more profitable that all that longterm holding BS. Swing/trend/positional/fundamentals traders made a killing shorting these companies. These charts are just a glimpse into the many companies that go...
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    What percentage of your gross PnL is commission?

    Wait....if both the small and large accounts are sending 2% on costs how did the small account get to 5k in costs ? What am I missing ? The example is about active traders with smaller accounts - it is not uncommon for the active traders to spend 40-50% or more of their capital in commissions...
  16. comagnum

    What percentage of your gross PnL is commission?

    My 2% - max trading costs explained. Your right it is swing trading going after large moves, which works out to about 10% of my trades. This 2% is determined at the start of the year and is static. Win rate or profits/losses have no bearing at all on this. 2% of say a $10k acct is only $200 -...
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    What percentage of your gross PnL is commission?

    If you rationalize - hey, I am making profits, who cares if my trading costs are more than 40%. That would be like a pilot with 300 souls on board a flight across the pacific ocean estimating their fuel based on a constant tailwind - when those headwinds show up, and they always do at some point...
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    What is the range for average daily return on your trading capital?

    The survey should have a box for under 1%
  19. comagnum

    have u traded eur.usd future?

    all instruments have plenty of liquidity with relatively tight spreads Right, everything that trades is liquid enough for a misinformed retail novice, not for any half seasoned pro. There are flash crashes occasionally on futures while the spot Fx, silver, gold, oil, etc. prices are not...
  20. comagnum

    have u traded eur.usd future?

    I see no advantage of the futures contract over the cash. As one who trades both the reasons I sometimes use Fx is for the much larger liquidity, ability to put on smaller size (I always scale in), and having more currencies to trade. Using both futures & Fx gives more flexibility. If you...
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