Search results

Sorry for the **Attention Whore** title but this video is a must see. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/GGk6LG0GA4A&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess"...

I usually submit/cancel hundreds of orders per day and I've never had this issue either. In a very fast market I get a delayed execution. I can't figure out the problem by looking at the audit trail. I don't know all the technicalities of how orders get handled. Liquidity is not an issue...

I had a stop market order and I was using booktrader so the trade gets submitted with one click.

I had several sell stops in the YM right before the Leading Indicators and Philly Fed release at 10am. I was not long at the time - but I wanted to trade the downside momo if the numbers were bad. I was using booktrader. YM traded thru my stops without the stops executing. So I was...

OP believes in the "averaging one point a day (with size)" myth. This is the biggest myth in trading. Averages in trading are completely meaningless. The only realistic way to average one point a day is to nail four 25 point trades that you hold for a total of 20 days and and break even on...

This is one of the most important points ever made on ET. Trading alone is always dangerous because (1) no one is there to hold your accountable for reckless trading and (2) no one is there to encourage you to maintain discipline during drawdowns when you have the urge to abandon your...

That article was painfully honest, one of the best I've read.

There are many insured funds out there. The insurance is very expensive, probably even more so for a premium seller. A premium seller is selling insurance in the first place so if he buys fund insurance, then he's buying reinsurance.

The average is meaningless in trading. Its the fat tails that makes or breaks your week/month/year/career.

Its just exploitation, plain and simple. If you're a doctor, why allow a woman to deliver naturally and be in a position where you have stick around for labor that may last over 10 hours? You can just cut her open, make 10k more money, and be home within an hour. Just like going to a car...

I just saw the documentary "The Business of Being Born" (you can watch it instantly on Netflix). Its interesting how America (compared to all other nations in the industrialized world) spends the most money on birth and has the highest maternal and infant mortality. This is a must...

Cool, thanks for the info. 2 more questions: 1. Who has the nicest trading floor in or around NYC? 2. Who doesn't charge a desk fee? Or has the lowest desk fee?

Which brokers allow retail traders to trade from the broker's office? I ask because I'm not licenced. I have enough money for a retail account. I don't need more than 4-1 leverage. I like to do overnights and I feel more comfortable with an insured retail account. But I don't want to...

From wiki: Are any traders doing this around NYC? Traders can rent some office space and get a squawk service then split the costs. Everyone brings or buys their own equipment. Or do any retail stock/futures firms allow customers to trade from thier office?

Its the overides that have done more damage to the industry than anything else. Just sponser traders and have a clear tiered commission structure for all traders - so the more you trade the lower your commisions (kinda like how it works in futures). That would eliminate a lot of the shady...

saxon22, How old is your bro? What does his wife do? If he's young, then the risk may be worth taking if he buys a scalable franchise. I doubt he is young though if he's saved up 200k on a 50k/year job. If his wife is not working or not making much then perhaps she can help manage the...

Jack, I must admit, when there isn't much news/earnings to trade off of I do trade the "trend". I sometimes use TL channels similar to what you use. However I feel the best way to trade a trend is to use a simple moving average. TLs are highly subjective - given any chart any trader...

They're all taking advantage of free money. The Fed will soon be accepting tootsie rolls as collateral. Eliminating mark to market accounting will be the next "bailout".

I think if the 50 MA fails as resistance (and it looks like it will) then the next resistance level is the 200 MA. The MBIA/ABK downgrade is off the table. A financial meltdown is also now off the table. Rising unemployment is not off the table nor is a recession. I think markets will rally...

I daytrade YM, and swing trade ES and ZN. We're still technically in a bull market in equities. I would like to see a close below 1250 in SPX before I get short ZN. At some point there will be a huge rally in equities and selloff in treasuries but not without capitulation selling in...