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  1. J

    A list of all scam unregulated 3rd party educational vendors

    It Used to be free, then $50.......now I hear its a 100: That's peanuts relative to other sites and vendors charging 1,000's and hence the basis for the Big Mike smear; as well as jealousy, the site is now a major trading information and resource hub spawned after a major financial...
  2. J

    IB TWS un- reported fills

    Has anyone using IB TWS standalone have experience being filled with out first receiving "acknowledgment" in the audit trail, and as a result never have the orders or subsequent orders appear as filled on the platform? This happened to me with 3 trades on 05-03-11 on ESM1 into the close...
  3. J

    Patak Trading

    Training? That requires talent, tools and time. ..oh and $ But If a company requires a high level of performance but doesn't readily provide the tools to easily and effectively, trade, monitor and analyze the trading performance on the fly, intra-day, trade by trade or strategy by strategy...
  4. J

    Patak Trading

    A shot?...Why bother..Really There is no track "record" Just a P&L for a MONTH!. The platform does not provide any trade performance data. The platform is cheese.... overpriced cheese. Look at the commissions...ridiculously high..must be platform fees in there They used to offer...
  5. J

    How can the US stock indexes fall? with POMO

    yep thats may point...Why hold on to the incredibly shrinking US dollar...... Why in vest in the old hag US economy with decaying infrastructure, aging baby boomers and absent manufacturing base? When you can send that $, while its still worth something, overseas to those fresh nubile...
  6. J

    How can the US stock indexes fall? with POMO

    Huh...Think of it in more simple terms...more money chasing the same amount of goods....dollar devaluation leads to spontaneous asset inflation: ... whether it is a barrel of oil, a bushel of corn or a basket of stocks. If I can borrow at a low rate, and you can borrow at a low rate, and he...
  7. J

    How can the US stock indexes fall? with POMO

    Excess liquidity leads to asset inflation whatever the class of asset....look around its everywhere. The fed is crystal clear about their desired "wealth effect" more so than ever before and so are their means. But Risk and Rates are correlated and rising, the later will chap the fed...
  8. J

    Could the U.S. central bank go broke?

    It is just a print and pump job. Jam up everyone's balance sheets ..that way we're all "rich" and "liquid" again ....even if its only on paper. ..we gotta get back to break even.. somehow. QE2 is the first double down... just the beginning to keep the trade alive. You think...
  9. J

    Don Bright 2.0

    That's funny, especially when 10 years ago I met you at your Vegas office looking for backing since I'd been trading currency and futures four the past four years, and had a documented record of consistent returns... "Stop!" you said, waiving your hand at my statements Both You and Your...
  10. J

    FX Brokers fee Comparison

    Does FXCM round up commission to the next 100k lot for the 5/100k/side? Is 150k trade charged 7.50/ side or is it rounded up figured as 200K and charged 10.00/side commission?
  11. J

    FX Brokers fee Comparison

    Well I say if you want to make this "Best Deal" even Better, or Great, then IB should charge .25/10K/side and not the standard 2.50/side for all piker orders less than 100k.<Lets see IB work that DEAL mini/micro pricing. As it stands now spreads open way up on such sizes w/ the same...
  12. J

    Forex Option brokers

    Vcapfx.com
  13. J

    IB idealpro forex commissions

    AND even if you close out a non base currency position, they stick you with the conversion carry, until you physically close it your self. So they will ding you there, so be sure to square those non-base trades or pay the carry and extra commish. Most "REAL" FX brokers square the...
  14. J

    Best Country for Trading (Tax efficiency)

    Zug, Switzerland...lots of commodity trading floors, nice tax structure.
  15. J

    How long should you paper trade before trading with real money?

    One test I complete, for new strategies is the "Stress Test": doubling the account size i.e...100% return, using no more than10% equity for each trade with 1% max stop loss on any one trade. The last one took two and half months...and a lot of focus and hard work. I use Ninja as well and...
  16. J

    Can anybody give me tips on how to improve my short term day trade setup

    I like the 20 EMA, but specifically with Range charts. And the Range Frame depends on the market being traded. There are also offsets which can be added to the 20EMA to depict momentum and extension, and exhaustion. Like training wheels for the 20EMA, if it's not already simple enough.
  17. J

    Risk/Reward Question

    Real simply, if you want to get in a trade , decided where your stop would have to be according to market structure , sup/res...etc. Find the difference between entry and stop and multiply by the risk reward ratio you're using, typically 1:3 for me, So 3 times the difference then see if...
  18. J

    How do you stomach huge loss day

    Al lot depends on your timing and the circumstance at time of trade First, 2-4 ticks as a stop? that's less than typical wiggle on most anything. You should be running Time of Sales, with VOLUME color coded red/green/yellow. The speed of the tape will clue you into if you can move your...
  19. J

    How do you stomach huge loss day

    I risk no more than 1% of my account on any one trade; Maybe 2% max if the risk reward is high, e.g. 1:4 + This IS a basic risk parameter For me, a 60K arbitrary loss limit, means I would be sporting a 6M account. With 6M, I'd be clipping coupons, not day trading. Consider...
  20. J

    In Finding a Mentor

    I trade right along with my mentor on skype, and he lives down the block! I'm at the point, where I can confidently call trades, give him the entry/stop and target. There's loads of trades in the FX market; if there is a better trade, he'll say look at this pair and find the trade...
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