Search results

  1. maxinger

    NYMEX new limits, NG X20 limit down

    Down it goes again during Asian & Eur session ; A Straight forward trade. It moves due to inventory, weather, or whatever.
  2. maxinger

    This is how to remove lag from moving averages

    Simply remove the MA lines. Then the lag will disappear.
  3. maxinger

    NYMEX new limits, NG X20 limit down

    NYmex has changed the limit? Now NGX20 has hit limit down? NG inventory is high and hence the pipes are fully packed? Is there some relationship between limit down and inventory?
  4. maxinger

    Inability to Reconcile

    Hello Tsing Tao beer. I also don't comprehend. Talk about the bible. How did people manage to capture sooo many details about what happened hundreds of generations ago? How did they manage to document so many details? Do remember documents could be destroyed due to whatever reasons...
  5. maxinger

    What leverage should be good for a newbie to use?

    The higher the better like 100X or more. Then you only need to put very little money into your trading account. But if you can't control your emotion, don't put any money into your trading account.
  6. maxinger

    maximum position size DOW, FDAX / daytrading

    It depends on timing. sometimes the market is rather quiet and is not moving. Enter with one lot and that's enough to move the market ( by a tiny amount of course ).
  7. maxinger

    What leverage should be good for a newbie to use?

    If you are sooo scared / fearful & whole day whole night worry about high leverage, you can never earn $$$$. At the extreme end, if you are soo reckless, you can never earn $$$$. have your mind centred all the time. high leverage wouldn't kill you.
  8. maxinger

    Trader Max lost $1 Million today, it’s on another thread.

    Even when you are trading with sim account, trade it seriously.
  9. maxinger

    Does the market really change?

    It simply means that trader has no edge in the first place. Some people do backtesting on the past 10 , 20 years of data. it is useless unless you also spend thousands and thousands and thousands of hours looking at computer screens. Market conditions / behaviour / personality /...
  10. maxinger

    Why are the Japanese day traders so rich?

    It is based on perception, not facts. Please substantiate your statement with facts.
  11. maxinger

    Forex Mentor &/or friend needed

    There is nowhere in this world where you do nothing but hook up to a machine. And all the relevant information will be downloaded to your brain instantly. Do some basic research first. Then ask specific questions in ET and it will be answered.
  12. maxinger

    Long-term and Short-term Setups

    it is still moving in a small range / consolidation phase, though the day chart shows it is in the up channel.
  13. maxinger

    Commodities

    since 2016, wheat futures have been moving rather sluggishly. around 2007 to 2012, its movement was huge. Perhaps wheat farmers / traders can better explain what happened.
  14. maxinger

    What leverage should be good for a newbie to use?

    First do not blindly assume high leverage is dangerous. You need high leverage to earn tons and tons and tons of money with a small amount of money. And that is the bottom line; to earn tons and tons of money. OK. Now to your question. It depends on the individual. For some people ( who have...
  15. maxinger

    Insider info?

    Luckily I stopped reading such news years ago. It would contaminate your mind. Just focus on the charts and that should suffice.
  16. maxinger

    high leverage high risk?

    high leverage low risk. very high leverage very low risk. You simply put just a little money into your trading account. Similarly, a very sharp knife doesn't mean it is very risky.
  17. maxinger

    "Humbled" Abby Joseph Cohen Warns Of "Considerable Downside" In Stocks

    Obviously, the writer doesn't know about trading and the writer didn't know there are lots of traders. Simply read such news with eyes closed. It will contaminate your mind. Just focus on the charts. Don't fear/worry the market will go down considerably. Such negative emotions are very bad for...
  18. maxinger

    Number of contracts

    Right. There is absolutely no way to predict how far the market will move. so the first micro, you target reward risk ratio of say 2:1. The third micro, you hold the position for many many hours. Sometimes, the market is not kind to us and all 3 micros suffer losses. Just make sure you have a...
  19. maxinger

    Number of contracts

    Enter trade with say standard size of 3 micros. If confidence is low (eg the market has been rather choopy / erratic), or if the trade is considered as higher risk (eg if you have missed a signal), enter with just 1 micro. These statements ' I usually start small and if I'm unlucky I...
Back
Top