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Yes. he speaks as if he knows but the reality is there is rarely any logic to what he says. Certainly none on the segregation issue.

buzzy .... I agree that if Corzine is at all responsible for using segregated funds he should do time. But there are even more important flaws here. To have a system that is as vulnerable to fraud as this one is just doesn't make sense. The CME is King Kong in this business and they need a...

A fellow ET Poster (obviously an inexperienced one) was seeking advice and this fool told him this: "US segregated accounts are secure and are made whole almost immediately by the Clearing Corp. and the clearing members. All others I would say on a case-by-case basis." Taking things out...

Thanks for the Hale of Fame nomination ... lol. The truth is all i did was read a few paragraphs of the rules and it was plain as day. And no ... I'm not Taleb.

I've been using Sierra with a Rithmic feed for some time and it has been an A+ combination for me. Recently my bars are off and the combo just is not working. I suspect the data is spot on but it is something in the connection with Sierra but they are not being helpful. I can switch to...

http://www.elitetrader.com/vb/showthread.php?s=&threadid=214935&perpage=6&highlight=segregation%20swan%20noir&pagenumber=1

You may or may not be a dumb mother (no way for me to know) but nothing about this decision is foolish. Nice thread.

Any way you want. But first look at some charts from the '30's. Particularly the '32 / '33 bull run. There were multiple significant bull runs within the larger secular bear. It is really easy to be right and lose money. It's tempting to gear up the leverage but dry powder has real value...

All good advice from Laissez Faire. Knock yourself out in SIM. The only thing I might take some issue with is trading a European equity index. Nothing wrong with that but once London is up and running ES is as real as rain. I wouldn't trade Asian hours and certainly not before 8:00 GMT but...

Unless you are planning to scalp for, lets say, a one point profit (which I do not recommend) the smaller time frames tend to produce less reliable signals. There is a reason why most successful intraday ES traders with targets of two, four and more points use the 5 minute chart as their...

You should not "shop" for setups by using multiple time frames. Instead you should pick a time frame -- the 5 minute is the old standby -- and potentially substitute the 3 minute at the open or on days when the bar size is simply too large. Your job is to observe a market -- a market being a...

Nice post. Great advice. I'm not sure it helps the absolute novice without enough winning trades to study but it does give them a template to keep handy as they accumulate wins to study. And of course it helps those further along immediately. Given that this is only your third post I am...

It is more important to be fresh while you observe as it is to observe every minute. There are some very good traders that make it a point to take lunch away from the screen and also get at lest 15 or 20 minutes of fresh air and sunshine during the trading day. If there are 15 or 20...

MT ... Read his book, participate in his chat room (free) and eventually try his webinar for a month. Invaluable information particularly if you trade ES. http://www.brookspriceaction.com/portal.php Good luck.

I can appreciate this comment. Dealing with your own head is tough business.

Yes of course. Something new and different is the universal cure for boredom.

While I do not know that it is happening in China my bet is either you are correct that it will -- as you state the culture is there already -- or that it has begun and will grow.

During the boom years in Japan their "clubs" actively recruited American girls and rotated thousands through ... always bringing in fresh meat. Blondes were heavily recruited and redheads were paid incredible premiums. The recruitment took place primarily in LA and NY. Lots of actresses...

It is one thing to be a raging bear -- not unreasonable given circumstances -- it is totally different to act like it will all happen on such a predictable schedule that anyone with a few bucks in the bank can make their fortune in coming months with little risk. No trader believes that. Not...

Go to a few currency exchanges that deal in physical. Speak to the manager. Negotiate hard and if he must take a day, two or three to get the physical from his main office strike a deal BEFORE you order it and get a receipt. Be careful and be prepared to walk out rather than get raped!