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I have been profitable (mild) for years, but not very consistent. The real break through to become very consistent came from applying hedging and options strategies to what I've known, that changes everything. Now I'm near my all time equity curve high with lower volatility, can sleep better...

Yes ETN is more risky because of counterparty risk. DXO will go to zero if oil drops 50% in a month, starting from the first day of every month, if I remember correctly.

We have the same education background, and I'm from Canada as well. Let's put it this way, I went thru trading jobs at SwiftTrade, a global macro hedge fund, and now in a tier 1 investment bank, I believe I'm qualified to give you my 2 cents. Knowing what I know now, and how people got...

Expect to pay something around 100k a year, that's including bonus. How do you vary the bonus and basic salary equation, it's up to you. You are paying a trader who helps you to minimize slippage, it can't be anyone on the street. The ideal candidate would help you to beat the slippage of your...

In early June, GS said that there would be no rate cut in 2007, not a chance. That statement screwed up my trades badly. Just a reminder, not saying that the rate cut won't happen.

Bigger trading range is just a result of volatility, they are not the same thing. Imagine a W shape day is more volatile than a V shape day with the same trading range. Your calcuation of ATR could also be too long when compared to the volatility generated by some very recent market...

Forgot I had a bid out there at $7.5... now I'm in AWX. Though the position is underwater, it's also below book value. Insiders were selling at the top, but they were also buying at around $5. So I'm a bit in between now.

I've recently started to trade the Hong Kong stock market through IB. However, I have a hard time to find some quality financial websites. Any recommendation? I especially want to find a good charting website that is simular to StockCharts.com. I'm also looking for stocks screening website...

You forgot one thing, learn how to program in multiple languages. Maybe studying physics will help too.

Whatever is showing on your chart, it's not a triangle JMHO. If there is such a triangle, connect the support line between 80.51 and 79.31, NYX is still within the decending triangle. When the breakdown occurs, your projected target would be right.

Thanks. My ex-prop firm doesn't have remote trading. Swift Trade has two offices in Hong Kong, both are pretty far away from downtown (Central). My original post is to get the contact for the Hong Kong branches, as the website doesn't provide them. There is a company from Toronto willing...

No, I don't. I'm a Canadian.

I'm living in Canada, looking for a remote deal... would love to talk to traders from Canada who's dealing with Generic, Genesis, and Hold Brothers. I heard Genesis and Hold Brothers have branches in Hong Kong.

Thanks since1997, my move to Hong Kong is not 100% a career move, I just want to move back to my home town. I was a prop trader before my current job, so I already know what to expect from it. I was profitable back then, and should be profitable now, as I continue to improve myself in trading...

Like I said, I wasn't trying to offend him... To me, learning is an ongoing process, you can't adapt, you die. For him to give up something he spends so much time in it, it's called being defeated, hence not making it. Just because this year, he doesn't make it, and he gives up everything he...

Didn't you answer your own question? The data sets are different...

I don't get it... if you can't deal with equities, you really can't deal with other new products (there is really nothing new). Equities have all sorts of trading styles (liqudity, volatility, all kinds of ETFs that mimic the "new" products you are seeking, etc), unless you are not looking hard...

My take: no change. If they can't pull it off by lowering the rate later in the year, then two things would happen: 1. Hyperpinflation 2. Stagflation

I understand what you mean... but if it can be understood by you, others would be doing it too... but they are not. Sometimes, it's not logical, and it's about the crowd behavior, or you are just too early in the game... but does it matter? Just go with the flow, and use your stop.