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What are the general rules regarding cash deposit and withdrawal into brokerage accounts? 1. Can I wire money from a joint bank account with spouse into my individual trading account (single)? 2. Can I withdraw cash via wire from my individual trading account (single) into a joint bank account...

What does this mean?

I have always wondered about the effectiveness of ventilators. 3 out of 22 is pathetic. Maybe if we do away with ventilators, more ppl will survive? I can’t imagine how one can clear the phlegm in the lungs with ventilators on. I think if it was me, I will opt out of ventilators. With...

Sorry but I am still confused. You said the action of buying treasuries is to grow money supply, which is what I always understand it to be. But then you said that doesn’t increase the supply of short term papers to loan on the interbank market which is understandable too as papers are bought...

QE was providing liquidity to the market right?

I dun have any idea about prop trading at all. Why is it that they have no spread to pay? What do you mean by working within the bid/ask? Can't retailers do that as well?

If an expert like Macmillan can't make money trading options, who can? I am curious what skills is he lacking? Directional reading on the market, maybe? Thanks for any thoughts on this.

Yes, I agree. Commissions and slippage have a very important impact on short term trading. Hence, one has to be very selective, and that means being disciplined. Longer term trading has the disadvantage of much larger stops required and therefore, can't be as aggressive. Because of the higher...

Many people do not realize that trading profitably and trading for a living are two different things. Trading profitably is hard enough, but try trading for a living....very very difficult unless you have a sizeable capital as buffer, and psychologically it's totally different. Get a job, and...

25%+? Based on what? Margin? 3 times margin? Return figures are meaningless without knowing the leverage. If I have a strategy making $3,000 trading ES futures per year per contract, what is my expected return per year? Well, based on margin of $3,000, that's 100%, but of course, that is quite...

Hi def, Is it still your opinion that Kospi 200 is more volatile than hang Seng? I find that the reverse is true and that hang Seng Is more tradeable.

Hi Mark, You have been discussing lots of candlesticks formations and explain its use etc...but you use it as a secondary trading tool...what, then, is your primary method? Will you trade candlesticks all by itself? If no, are you saying that by itself, it has negative expectancy? Thanks

It's good to have a reality check. Really, trading for a living is much much more difficult than it seems. Making consistent profits is hard enough. Taking money off your trading capital to fund your living ALMOST CERTAINLY spells failure. Unless, you have a huge capital to start. This is my...

Hi rimshaker, How long have you been having success in trading? I ask because for long term trading, a few years pf profitability does not mean as much compared to daytrading. This is not to say daytrading is better, but just that there might not be enough trades to show that you have an...

Agree. However, I am not so quick to discount daytrading. In fact, daytrading offers much more opportunities compared to position trading. Two important considerations must be overcome in daytrading - discipline and commissions/slippage. Position traders have to weather through possibly long...

Can you please elaborate further. Do you mean that less than 5% are losers, meaning you have 95% or more of either winners or breakeven trades?

Hi, 1) I have just applied for F&F account. Not approved yet. I want to know ...should I ask my clients to go online to apply for his/her own individual account (U accounts) now? r is that done through my F&F account once it is approved? If yes, how? 2) The 20% performance fee on quarterly...

Yes Hoi, please post the results when you have them. And thanks TGM for your comments.

Hi TGM, In your experience in IdealPro, do you find that putting in stop entry or exit orders could be a potential problem if market is fast and the market makers do not quote so tightly? And in your experince, during fast markets like before news or data announcement, what is a typical...

Hi, Anybody here trade with interbank directly? Can you point me to some readings or references on how exactly currency trading is transacted? What is the minimum amount? I understand that you basically need to rollover your position everyday if you wish to trade longer term by engaging in...