Search results

  1. W

    let`s see if we get follow through for Bear Rally!

    "power elite" yes, they are controlling the market. we are all pawns subject to their illuminati like control. ph33r them. the retail trader can't win. it's fixed. run away . run away. spare me
  2. W

    Intraday trading and release of economic data

    i hold my swings and b&holds through announcements... as to the mentioned intraday trades... i am almost always flat prior to FOMC, etc. (i trade dow futures mostly). ime, FOMC are some of the best scalping opportunities available. it's pure order flow scalping. similarly, i go...
  3. W

    Negative CAD balance in IB account -- am I getting charged margin for it?

    also, *if* u think the CAD is going to devalue vs. the dollar (iow that you are bullish USDCAD), then it would make sense to keep the negative CAD balance, since you can then buy it back cheaper later on (with less $ per cad dollar)
  4. W

    dax future - can others see my stops?

    "Scalpers don't need to use stops" yea, right. i scalp for a living. and i wouldn't DREAM of scalping index futures without a stop you can survive 500 trading days in a row without a hard stop until that one day, the market blows downward (or upward) against your position this...
  5. W

    Qqqq`s Are Breaking Down!!!

    beautiful FOMC day as a dow scalper, there is NOTHING i love more than FOMC day it's a scalpers dream. pure order flow/supply-demand watch the tape and key price levels (key reference areas) and ride it on the other hand, the WORST days to trade for a scalper are OEX days...
  6. W

    Qqqq`s Are Breaking Down!!!

    yawn... " s&p 500, which is the most manipulated thing on the planet earth" classic loser-trader-meme 101 "manipulated" what this translates as is that a trader either got caught on the wrong side of, or missed out on a move, thus it is MANIPULATED only one thing moves the S&P up...
  7. W

    Will ADX keep me out of sideways market? Better alternatives?

    CBOT releases market capping information to my knowledge, they are the ONLY exchange that releases that information
  8. W

    IB IRA + Day Trading Futures

    trading futures is no different from trading anything the point is - it is an IRA you cannot take profits out EARLY without penalty (exceptions apply bla bla bla0
  9. W

    Will ADX keep me out of sideways market? Better alternatives?

    "Volatility is more predictable than direction. Quiet leads to range expansion. Expansion leads natutrally to consoldiation" correct. on a day to day basis, there IS serial correlation in volatility.
  10. W

    Is trading completely useless?

    "All liquid securities are 99% efficiently priced... And, FOR PRACTICAL PURPOSES, are subject to the "random walk" hypothesis" complete and utter rubbish
  11. W

    IB IRA + Day Trading Futures

    with all due respect, go to ANY website that references IRA's and get the answers to these questions. these are VERY basic IRA questions, and you should be doing at least a little research yourself imo. they are not (generally) IRA specific. for example, OF COURSE you can't take profits...
  12. W

    Will ADX keep me out of sideways market? Better alternatives?

    just for the record, i don't think declining volatility is a CAUSE of "trendless" markets, it is a RESULT of trendless markets saying declining volatility is a cause of trendless markets is like saying reduced vehicle speed is a cause of me pressing my brakes. no. me pressing my brakes...
  13. W

    Is trading completely useless?

    fallacies with EMHhypothesis 1) that traders (and market participants in general) act RATIONALLY. iow, EMH does not take into account EMOTIONS- fear, panic, greed, euphoria, etc. ANYBODY who has ever traded has seen how emotions can affect trading decisions. 2) that price is merely the...
  14. W

    Futures a wreck, oil spiking, asia down

    nikkei was a monster tonight. that thing is just an amazing trader. it can kick you on yer arse if you are not careful, but the moves are AMAZING
  15. W

    Portfolio Manager registration in Ontario

    in my state, if u accept any compensation whatsoever, then you have to be registered with the state. that is more restrictive than many states, but what do u expect in a heavily democratic state (vs. a more libertarian republican state )?
  16. W

    Portfolio Manager registration in Ontario

    "The problem is other barriers to entry like "the individual has been employed for five years performing research involving the financial analysis of investments, and that three of the five years have been under the supervision of a registered adviser having the responsibility on a discretionary...
  17. W

    IB Friends & Family - International

    note also that even if u do NOT accept fees in a friends and family account, you can still be sued. fiduciary duty is fiduciary duty. period and a client cannot sign away their right to sue
  18. W

    IB Friends & Family - International

    yes, each client pays their own taxes.
  19. W

    NPP builds a Emini system

    "use $80 because this strategy relies on market orders so a lost tick on entry and exit plus $5 for comm. and you've lost $30 of potential profit. " um, no. classic mistake but no look at a contract that has a spread. if you buy the ask, sell the bid, you lose the spread. you do...
  20. W

    Its that time again - Shorting

    "S&P500/DJIA- They both have an inverse relationship with the price of oil. As oil goes down, these two indexes go up. Many other indexes loosely track with the DJIA/SP. As oil goes back up, these two indexes will go down and other indexes will follow along. " classic example of the fallacy...
Back
Top