Search results

You mentioned you have a tight SL but so far you have zero losers ? This is unlikely except you let the market move back to profit level after it go against you ? e.g. you remove the SL when it almost hit it and due to the nature of the volatility in DAX, it is likely it will reverse back and...

Are you able to make long term & consistent profitable with this approach ?

Good to see this post as we eventually has someone that discuss something relevant. The support/resistance is NOT something new in trading, it been called as different name more than a century away, e.g. Jesse Livermore called it as "pivot" so do others called it as "level" and the list can go...

What do you expect in bull market with occasional short live bear pop his head from time to time ?

You assume by looking at your " level**", you have the probability/odd (or aka edge) to win which can overcome your "business cost" (which is 10% in your case). Good luck for this. **level ** = can be anything such as price action at extreme location or support/resistance and you bet on reverse...

In roulette the casino only need 1/36 = 2.7% as "commission" and they never loss in long term. I assume you have the "business cost" of 3 ticks (2 ticks commission + 1 tick slippage for high liquidity stock), you are betting for 30 ticks. This mean you are paying about 10% (3/30) business cost...

Are you a profitable trader using intraday trading?

Thanks for sharing. I know a german in my ex firm previously (derivative group), he did mentioned to me that German has stricted rule on politicians, indeed he even joke that Germany has more law than his own people. The only reason he came to America is to look for opportunity, he can't...

The problem is your access to the top fund managers and information is greatly reduced when you no longer in the firm.

Lol, to me most of the politicians are no different from Actors, the main purpose is to make a living (good living), which country you are from?

It is a big change when you work within the institution vs you work for yourself. You have to change the style of your trading and a series of pain adjustment.

10% ? come on, you can do better ..

Agree :)

I don't think the average trader can afford to have those supercomputers, they can't even afford to buy an apartment with a mile from the exchange

The biggest secret why most "elite ET" loss is NOT because they go against the herd, but they go against Fed !!

You "heard" stories - Do you see the real proof (verified statement) or just stories? I don't think anyone in ET has the hardware system and programming capability that can perform the HFT type algo, most only doing some simple program (MT4 BS and etc) which will loss eventually when market...

Don't fiOTE="romik, post: 4112233, member: 46309"]When I see this I want to bet the farm, do you? I believe this is one of those rare opportunities to make extraordinary amounts of capital on the back of worldwide buildup to increased volatility. I don't normally overcommit, but when price...

Blackpacman - I just ignore this "I am nobody". Any of us that been in this trading business in long time know he is just BS on his return. I make a good live in trading + investing, but with many years of experience (institutional and retail) and hard works. The dangerous of this BS "I am...

I agreed. OTM give the best R/R.

The current government is elected by Greek people based on their promise that they will re-negotiate the debt with ECB & IMF. If the new government fail to get anywhere with the debt negotiation (mainly from German), the only way for the new government to get out from this situation is to hold a...