Search results

Mr. Market knows how to make you suffer - after a pretty mediocre first half, I got a nice entry after the pullback, accidently cancelled my bracket-order when about 10 points in profit, so decided to close manually and re-enter at an even 'better price', market order ended up netting only 5...

I'm relucant to offer anyone advice, however, you do not appear to have a max daily $ dd - where you stop trading for the day. I also feel your pain regarding the 70% profitable trades but still net negative, but it implies that your system doesn't generate exit signals, only entrys. Maybe you...

I was just about to inquire about your daily average number of trades when I saw your post about commissions eating up your 120+ points profit - so I concur, you would appear to be overtrading, that, or your broker is fleecing you...

I have played with the Amibroker demo's and considered buying it at one stage. The deciding factor for me was the almost complete lack of example trading scripts that are available. I am not talking about 'profitable' strategies available-for-free, more example 'templates', code you can...

Yep, good call. I guess a lot of people take it kinda personally 'cos it's basically saying their net-worth is going to depreciate by the same amount in real terms - and yes, I have at least one leg in this boat too! Any other prediction? Personally, I cannot see a reason for the USD to...

If there was any chance of a break-up of the EU, there wouldn't be anywhere near the resolve to press ahead full-speed with further ratification. I sure sign of this intent was the exclusion of both the French and U.K. people from voting on the Lisbon treaty - they "played fair" first time...

imo, oil wouldn't be fair value at $10 a barrel, let alone where it is now if the "efficient market hypothesis" truly was in control. Take for instance the following development: http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=59402 For those too lazy to read, it's basically...

This article really surprised me, it has a sense of desperation about it. Its sole purpose would appear to be to scare traders into selling the euro - is the USD really in this much trouble that they feel the need to resort to "scare-tactics"? It's true that inflation has always been the...

The problem I see is that the Eurozone is eterally obsessed with inflation, with growth always taking a backseat - the ECB was just about to increase rates because of inflation when the fed did an abrupt about-turn. Furthermore, imo, europe is a different beast entirely to the US, with too...

Quite a few apparently, at least a TV interview of those "out-and-about" american tourists suggested this. btw, here was the Reuters story - http://www.reuters.com/article/ousiv/idUSL1758265520080317?rpc=92

I think all that is debatable is when it breaks 1.60, not if. Practically all those "in the know" suggest that 1.60-1.70 is a foregone conclusion - and rightly so imo. As long as the US continues it "policy" of just borrowing more to pay its bills, the greenback will continue to decline...

jazzsax, you have made a very good start - congrats. Just wondering if you have different MM for your bigger plays - you mention AAPL and RIMM for instance. A $200 stop wouldn't last long with these I would have thought. Also, you mention you have problems of discipline with stops - are you...

Little Lex, I will be following your thread with interest. I also trade YM almost exclusively, 1-2 contracts being all my 'comfort-zone' can handle :) I noticed you only posted the result from your 2'nd day, not the actual trade results - it would be nice if you could post the actual trade...

It's a sad endightment that the almost-toothless NFA (if their track record is any indication) even allows brokers to setup these operations in the first place! Of course, it would be naieve to assume that "fair-play" had any hand in this - the NFA tends to take action only when it needs its...

With respect, there is a world of difference between a broker platform such as InteractiveBrokers (of which I am a customer) that make the bulk of their earnings through commissions, and Metatrader - a platform that costs prospective brokers $100,000 and has ongoing revenue per-trade payments to...

From what I read, the Swiss financial regulatory people are making efforts to improve things. But if the state of a new broker called Allecohfx (http://www.aleccohfx.com/) is anything to go by, they have a long way to go. These guys lost control of all of the customers funds 1-2 months ago but...

Actually I do, the YM - and am doing quite well atm! But I readily admit that I have a lot to learn. Of course I'm aware that the global markets influence futures but as the US markets are basically the dog that wags the tail, in general the direction is set the day before I would have...

The mini Dow was taken up over 130 points yesterday after-hours on a little over 2k of contracts. Last night, it was up over 80 points, again at a little over 2k. Question: is this 'manipulation'? I mean, if you can effect this type of movement with so little effort, what is to stop 'them'...

MajorUrsa, glad to know I'm not the only one experiencing problems with it. Actually, the reason I decided to try Booktrader was because of a Hotkey issue - the inability to set SL/TP offsets independently with Hotkeys. Turns out you can't do it in Booktrader either - a single offset value is...