Crazy question - if you see things that a computer program cannot, why not trade manually then? Why does there need to be a computer program involved here? While human knowledge and emotions can get in the way of trading, once you hone this skill your trading may be far superior to a computer...
'Word' in Cleveland is that if Cowher was interested in the Browns coaching position, he could have it. Cowher was an assistant here for a number of years before leaving for Pitt.
I can't imagine Cowher coaching another pro team though. Maybe college, but he just may be done... at least for...
That is great advice!!!!!!!!!
I was having trouble sleeping and tried the mattress pads, pills, etc. and got nowhere fast.
I then purchased a Sealy Posturepedic Montley. Wow, what a difference this made. It has about 2-3 inches of that foam material and it's just enough to provide an...
These are easily found all over the internet. Try using www.google.com and there are calculators that you can download that provide this information.
The internet is a wonderful thing if you are not too lazy to use it.
elbow... everything out there is 'lagging'. Doesn't matter what indicator you are using, it's based on past price action; therefore it is lagging.
So, just b/c volume doesn't work for you, doesn't mean it's a 'waste of time'. Simply, you were unable to use it to your advantage.
Jasper - I think that's a common problem among traders. When you dig that hole you just want to get out of it. And then of course, your system produces.
I do not use the system you are using, but I have similiar situations - I am in trades, sometimes 'early', but when it moves, I need to...
Because there are thousands and thousands of ways to trade, rules provide you a way to trade that works for you. They give you a map, it's your job to follow the map.
Trading 'rules' are like life - most people like knowing that Mon-Fri they get up at 7am, work from 9am-5pm, and off to bed at...
To keep it simple, I would trade with your risk money and invest your retirement money. As your assets grow you can adjust this methodology, but for starting out it's a simple way to go.
It's actually easy once you get used to it. When I was a broker I was paid once a month and even now while trading I typically look to withdraw once a month or so. It's just a matter of getting used to it is all.
Neet - here is something to watch - see if you get any of your 'normal' setups before the news and then how the markets react. I have found for me that if I get a signal - long or short - before the news that the market may already be pricing in the announcement. If I wait for another...
Neet - I also used to think the same, but in futures, these things can move very fast and by the time you want to take a position, it's too late. Make sure you watch the econ news closely over the next few weeks and see how things look in real-time.
Each e-mini has it's advantages and disadvantages. And each trading system will react differently. Start with the main ones:
ES - S&P
NQ - Nasdaq
ER2 - Russell
YM - Dow
EC - Euro
Spend some time at www.cme.com and www.cbot.com for more info on each.
hog - I couldn't agree more. No point in waking up and starting your day seeing your stop was barely hit and now you get to start the day in the hole. I like starting each day fresh. The flipside is that if you have a position and exit at 4:15pm and had kept it on, you may have made a lot more...
Mitch - it can offer a way for mutual funds, pensions, etc to hedge their positions. Let's say you run a long only mutual fund (as most funds are). To hedge your long positions, you can short a number of futures contracts to have 'portfolio insurance' in case the market moves against you. The...
It's called 'Know Your Customer' and is a SEC requirement. Is it necessary? Maybe not, but as another poster said, as soon as a lawyer found out that a person was not suitable to have an account, a lawsuit would follow.
Odds are he is just trying to make sure you study hard. That kind of a pass rate is not realistic over all test takers. Maybe at that firm... If so, do NOT use their study materials! LOL.
As for 'futures trading' that can mean a lot - it can mean corn, hogs, etc. For me, it means stock indexes - S&P, Nasdaq, etc.
So, when you say futures neet, are you talking about the more common e-mini markets or are you thinking of corn and wheat?