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    4 alternative assets that ultra-rich people are making money on

    I can report first hand that getting involved in collectibles can be very profitable over the medium to long term. Literally everything I touched over the years(decades) appreciated a lot. When one is rolling in money as traders do sometimes it is good to peel some of it off and diversify...
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    5 or 10 minute candles for intraday trends?

    The 15 second charts of ES with a couple of studies on the IB platform offer VG setups for intraday trading. It helps getting in early and to use tight protective stops. By making decisions based on very short time frames one can take a position before others and liquidate when the latecomers...
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    Planning for death or incapacitation and your trading account

    I have suffered a massive heart attack two years ago and my heart even stopped working at one point. When they revived me and I regained consciousness three things popped into my mind: -I was lucky to be alive and felt grateful to the people who saved me -It would have been a real shame if I...
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    go from 30k to 1 mln in 6 months

    I am late starting to read this thread. Yes, higher frequency of a well thought out system does lower risk of ruin. Think of tennis. A top player has a chance of losing out to a weak player in a single match but the possibility does exists. This possibility lessens with every additional match...
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    Swingtrading is better than intraday.

    This thread could be titled: For some traders Swing trading is better then intraday. Clearly, one's skill set, personality and time schedules and number of other factors influence the choices of how to approach markets. If someone felt swing trading should be their thing it would still benefit...
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    Miners ETFs i.e.: $NUGT

    The OP wants to trade vehicles that are moving more or less in tandem with futures so XLE or OIH would not qualify.
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    Any smart way to detect trend is going to happen soon?

    Most trading platforms have a toolbox of widely used indicators that measure various aspects of price behavior. If one followed any set of two or three for a while one would notice that some actually indicate that conditions for a move are ripe. Volume patterns,expansion and contraction of...
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    Miners ETFs i.e.: $NUGT

    If you want to trade an ETF that mirrors the Gold futures then use the GLD or it's variations because they were constructed to reflect the price of Gold. The the Miners GDX, GDXJ ect are composed of a basket of stocks of precious metal exploration and mining companies and while their price...
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    Unacceptable TradeStation Bugs ???

    Is it possible that some of you are running it on XP? With Windows7 TS runs smoothly. One can encounter issues when the symbol count reaches or is near the 1000 limit but otherwise it has been working well since I switched to W7. I still have complains about their brokerage on every level...
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    Do you consider money management an edge?

    I concur with an earlier poster that money management is not an edge. Money management is a useful tool and if it is properly applied leads to an advantage in the survival game. Let's define what is an edge in trading. Edge is an exploitable condition, an advantage, that other...
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    Does anyone offer intraday options charts?

    TS, NeoTicker and even IB have capabilities of plotting multiple symbols thus underlying and option price combinations. GC
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    Sitting for more then 6 hours leads to death...even if you exercise...

    He was a robust young 30 something. He was an embedded journalist squatting in a cramped armored vehicle, unable to move much, during the invasion of Iraq. GC
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    The Taxes Are Coming, The Taxes Are Coming

    In the late sixties early seventies the maximum incremental personal federal tax rate was up to >>>>>>>75%. Not a misprint. That was just the federal. In New York we also had the state and city income taxes on top of that and of course Soc. Security and disability. When Reagan got elected...
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    Every Week Is Expiry Week With New Weekly Options!

    Often I sell OM options against swing tops and bottoms before a turn and when I have a certain amount of profit choosing between staying into expiration or buying back or hedging has always been a big decision. Before the weeklies came out sometimes I have ended up with convoluted positions...
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    Does anyone offer intraday options charts?

    Tradestation charts options NeoTicker charts options. GC
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    Successful Swing traders, how do you get past this ?

    The 2-4 day swings in the market and equities are not as random as most people would think. Price, A/D numbers, TRIN, etc. and their various ratio measurements regularly over swing from the mean creating low risk entry opportunities. In addition one can check group and sector rotating and...
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    winners and losers under hyperinflation in Germany

    Just to add to the anecdotes about hyper inflation: Hungary suffered from hyper inflation after WW2 that exceeded anything recorded before (http://en.wikipedia.org/wiki/Hyperinflation). As a kid I was given billion denomination notes to play with and over the years I ended up with a...
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    How did Goldman Sachs gain from this?

    Minor item, but here is one of the ways: Paulson is a cool character. He paid Goldman 11 million in fees to structure the deals. From today's NYT. http://www.nytimes.com/2010/04/17/business/17abacus.html?ref=global-home Regards, GC
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    Does anyone use IB's Charts?

    IB's charting is substandard indeed but frankly I have saved so much money trading through them that I would not mind paying for an other system. I personally know some other IB clients who maintain accounts at TS for the charting feature and throw enough business there to meet the free of...
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    How come there is no OPTIONS for crude oil?

    I see there are indeed electronically traded CL options at IB. Good news. I refereed to complexity in pricing options for option writers and defensive strategies which the author totally missed. I imagine IB and other brokers took their time to implement CL electronic options because they...
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