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West of Wall Street by George Angell and Barry Haigh Just finished reading it last week. This book is about day trading at CME S&P 500 futures pit in the 80s. It was written just before 87 crash. This book is quite old, but a lot of things that are being described there are very applicable...

Thanks a lot.

Where exactly do I need to go to disable it?

Guys, Before you blast all these companies just ask yourself honestly. If you were in their shoes, would you take all these bonuses and do what they did, or would you quit to protest over leveraging and mortgage securitization. Majority is just too envious of all $ that these guys made...

Hi Da-net, To me having high leverage serves only one purpose- less money in my brokers account. I only day trade and always have enough funds in my account for my operations, if for some reason I need more, I just wire them. In futures world, there is a central price that everyone sees...

If you trade long term with high leverage, in 99% you will fail. If you trade several mini lots to learn is Ok, but if you really want to make some serious money, you would need standard lots or the whole bunch of minis, which would be the same. DOM and T&S are of paramount importance in...

The spread on major pairs at CME is 1 tick where spot fx has anywhere from 1 to 4 ticks on major, and higher of exotics. Do not be fooled by no commissions, you pay them within the spread. Risk management has nothing to do with whether you trade 1 standard lot or 1 mini lot. It all depends...

I hope you realize that when you place spot fx trade it never goes to the banks to be filled, but is rather bucketed in your MM platform. In essence you are trading in virtual world. All this 3 trillion liquidity is there, but only for banks and large institutions. If you trade CME...

Based on what I heard, CDS do not have the same regulatory framework as stocks and options and currently are being heavily used for insider trading. Wonder how much would change when they are traded at exchange. At the very minimum CDS central data might give clues to where equities will be...

Another option is to use esingal feed into Ninja Trader. Ninja is free for charting and demo trading, and you only pay for esignal data, whcihc is cheaper than to pay for esignal data and their platform.

If you are not happy with Oanda, which is one of the best, then your other option is IB, and you will not be happy with FXCM. But the best route is to switch from forex bucket shops to CME currency futures.

If you want zen-fire and ninja only, then your choice is limited. Mirus is a great company, so you should go with them. ES tick is 12.5, so even if comm is 50c more or less, it does not matter too much.

Makes a lot of sense to judge a person by the way he is dressed, hmmmmmm For your information, Trump's father dressed like a bum for the most part of his life and he had few dollars. I was there, Spyder was a bit under dressed but so what? Can't you find a better argument. And nobody had to look...

It will depend on the market and your goals. I personally use 144 volume chart for DAX. CCI setting is standard - 14. I do not trade divergences. Regards, redduke

Yes it does. But it happens very rarely. One of my worst losses was when it went down, stayed closed for about 1/2 hour and then of course gapped against me. I did not hedge anywhere since I did not plan for it at the time. Eurex is fully electronic no floor. Also the statements are...

This is a great thread. I have read it a while back when I got interested in DAX.

There are a lot more to ACV ratio then originally meets the eye. Take a look at this thread that I started a while back. http://elitetrader.com/vb/showthread.php?s=&threadid=103293

If anyone still does not understand why indicators(like CCI, market depth and many others) on non fixed time fractals charts (volume, range or tick) are neither leading nor lagging, please reread Jack's posts on this thread. They represent, THE NOW, and will help you to make the right decision...

This will just show you the total bids and asks, you would need to add the code in order to see the ratio.

It represent relationship of price and moving average. Just put it on non fixed time fractal charts (volume, range or tick) and observe it for a while. It ticks a long the line with price.