Do you think this happens ?

Quote from Quah:

This is the very reason I purposely mix my winning trades with losing trades. My broker thinks I'm just a breakeven trader, but he doesn't know that my losers are just there to keep him from knowing that my trades are always winners.

LOL... I like this answer...:p
 
Quote from ozzy:/volente OO

That's fine.

Let them join you in the trade. Everything should be fine as long as they don't enter before you.

Can you say conspiracy theorists? This is the male version of female gossip.
=========================
Was thinking the same thing;
fine, on them joining in trade.

An exception to that rule could be a very profitable trader who has a pattern of scales in massively over a period of time.

Many firms forbid it, some have fired over this


Even in that worst case scenerio;
profits peak would be reached faster perhaps. Fine
:cool:
 
Volente,

I am curious to know how it would have an effect on your profits if broker did piggyback your trades........thanks porgie
 
Quote from porgie:

Volente,

I am curious to know how it would have an effect on your profits if broker did piggyback your trades........thanks porgie




I never said it has a negative effect, but it is unethical imho. In theory it seems it would help your position if they did it.
 
Quote from Quah:

This is the very reason I purposely mix my winning trades with losing trades. My broker thinks I'm just a breakeven trader, but he doesn't know that my losers are just there to keep him from knowing that my trades are always winners.


You like it ? I am still trying to figure out what he is saying.

:)
 
Quote from Hamlet:

It would make sense to get to making millions first before giving any thought to this issue.



I disagree, if you have a high winning % of trades, it does not matter if you are trading 1 car or 1000, as long as they follow your moves in the ES they can make money off of you.
 
Quote from volente_00:

How does one go about getting these reports ?

Are these reports from the previous day or generated intraday and put out the same day ?


here you go:

http://www.cftc.gov/cftc/cftccotreports.htm


here is an example:

DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE Code-124603
FUTURES ONLY POSITIONS AS OF 02/28/06 |
--------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|-----------------|-----------------|-----------------
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
--------------------------------------------------------------------------------
($5 X DJIA INDEX) OPEN INTEREST: 87,761
COMMITMENTS
43,252 27,751 1,054 34,878 37,391 79,184 66,196 8,577 21,565

CHANGES FROM 02/21/06 (CHANGE IN OPEN INTEREST: -4,534)
-4,972 1,178 -111 128 -2,597 -4,955 -1,530 421 -3,004

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
49.3 31.6 1.2 39.7 42.6 90.2 75.4 9.8 24.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 86)
34 22 6 16 19 53 44





larry williams new book is focused on how to use these numbers.

best wishes,

surfer:)
 
Quote from marketsurfer:

here you go:

http://www.cftc.gov/cftc/cftccotreports.htm


here is an example:

DOW JONES INDUSTRIAL AVG- x $5 - CHICAGO BOARD OF TRADE Code-124603
FUTURES ONLY POSITIONS AS OF 02/28/06 |
--------------------------------------------------------------| NONREPORTABLE
NON-COMMERCIAL | COMMERCIAL | TOTAL | POSITIONS
--------------------------|-----------------|-----------------|-----------------
LONG | SHORT |SPREADS | LONG | SHORT | LONG | SHORT | LONG | SHORT
--------------------------------------------------------------------------------
($5 X DJIA INDEX) OPEN INTEREST: 87,761
COMMITMENTS
43,252 27,751 1,054 34,878 37,391 79,184 66,196 8,577 21,565

CHANGES FROM 02/21/06 (CHANGE IN OPEN INTEREST: -4,534)
-4,972 1,178 -111 128 -2,597 -4,955 -1,530 421 -3,004

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
49.3 31.6 1.2 39.7 42.6 90.2 75.4 9.8 24.6

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS: 86)
34 22 6 16 19 53 44





larry williams new book is focused on how to use these numbers.

best wishes,

surfer:)



Thanks surf, do you happen to know the name of the book offhand ?
 
I assume he is the same Williams of the Williams % indicator, who generates so much hatred in my thread under the Technical
analysis section.

Just looked him up what else he wrote, How I made 1 mill trading futures. One reviewer writes:

"his meteoric rise and claim to fame when he singlehandedly turned $10,000 into $1 million in a controlled tournament environment."

So I guess his indicator is good for somethin'......
 
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