Search results

But it's best to be in contact with like minded traders during the day too. That is an opinion - seasoned traders are more likely to work on their own, outside of the group think of the bewildered herd.

Ali was not an imposter - he is a boxers boxer - he took pyschoogical warfare to a new level. Tyson's comments on Ali may change your mind.

NDX making new all time highs again today :D When Obama told us its a good to buy right here its a good idea to go all in and hang on. Same was true with Bush in post 911 plunge. This bottom was a clear 2B with the second bottom breaking out of a tight channel when Obama made that comment. As...

got it & agreed -discretionary should be able to crush systematic.

A self serving article made by a quant to sell his services. A quant with no advertised ROR - He sells quant data to traders/funds. The rhetoric that all traders other than quants are doomed to extinction is a foolish notion. He overlooked that all systematic trading is built by humans...

What helps me to let profits run is to layer in & out of positions. I will make 4 entries into each trade - only adding on when all positions are profitable and will let the last 1or 2 positions profits run having taken profits on half to three-quarters of the trade. This ensure my losing trades...

What about us people that live in the tropics? Most often barefoot and wearing only board shorts - for us guys. When people are without material status symbols, such as at the beach, than really the only thing you notice are people's personalities and those that are fit.

Nav Sarao not a typical massively funded, connected and lobby-protected High Frequency Trader, such as Citadel or Virtu, using countless algos across numerous fragmented markets to frontrun size order blocks, but an old-school "point and click" prop trader...

Lonely? Than set up a schedule and head out of the house to do all those things you wish you could when you worked for someone else. I herd a famous trader say 'you got think outside of the box - you also need to live outside of the box'.

I don't think there is anything wrong with dropping the name of well known traders, like some of the market wizards, when referring to their trading strategy or direct quotes. Just as in any other serious pursuit of acquiring talent ranging from sports, music, business, etc. people look to best...

Undocumented immigrants provide an enormous subsidy to the Social Security system in particular. Each year, Social Security taxes are withheld from billions of dollars in wages earned by workers whose names and Social Security numbers do not match the records of the Social Security...

This should be a warning - in the years leading up to the dot.com melt down you had the same sort of thing, interns and entry level employees making ludacris salaries, everybody flocking to the tech industry. Adds reading if you can spell the word 'server' or can push the on/off button your...

Well than it looks like the VXX needs to breakout well below the lows to rinse off the crowd. When to many people get on one side of the boat it usually does not end well for them - even if they are just to use it as a hedge.

Fx allows you trade with currency while taking less risk since you can size down smaller than with a futures contract and scale in. The tight spreads are good - keeps trading costs down. Just like with futures, options, or leveraged ETFs those without good $ mgmt won't last long. It is true a...

I bet that roughly 99.99% of retail traders lose money in forex, but that might be a tad optimistic. https://www.interactivebrokers.com/en/index.php?f=/en/general/about/performanceCustomerForex.php&ib_entity=uk

I am with Max E Pad on this since I also use a bunch of brokers. The IB charting needs a plotted intra-day & multi-day VWAP to be in the same leauge as your competitors. It would also be nice to be able to see more than a year of futures historical chart data. Any why are your margins on IRA's...

I know the way Peter B. trades - you are wrong in your assumptions. Peter is very aggressive with trade mgmt - he said was willing to risk 130 basis point (1.3%) on this trade - not the 2-4% you claimed. The Soybean oil head & shoulder bottom produced 2 whipsaw trades for him resulted in...

The interest rates will most likely raise a lot higher and faster than people ever thought. Jim Rogers thinks they will end up in the double digits. All excesses regress to the mean, but before the regress to the mean it reverts to the other excess.

What a bunch of morons - thinking the U.S. chamber of commerce makes things up - oh yea . 200 cities and the police unions are in agreement on this. Arguing with a bunch of redneck idiots.

You can get a lot out of "Chat with Traders". Listen to a bunch of the interviews, take some notes - key on the points most of them emphasize. This should help you get a foundation of what really matters. It is free. You should not have to pay much at all for your training other than maybe...