Good advice. When playing in a zero-sum game, pick your competitors carefully. I'm not going to play against Virtu and Citadel.
$377k sounds a lot to most people but really depends on individual. If $377k is only 1% of his fund size, it's entirely acceptable. If it's 50%,...
Thank you for the link. A reasonable time frame to use will by closing hour of Sydney session, particularly when it is also overlapped with Tokyo...
Closing hour is usually considered the most important hour in financial markets. Take for example the AUDUSD. For traders who trade AUDUSD, what...
I prefer the yen-based Nikkei225 futures contract. Both CME and SGX look similar. Which one would you trade, if you have to choose either one?
I would like to trade yen-based Nikkei225 futures but I am new to it. I am using Interactive Brokers. I am confused over which Nikkei225 futures...
As a retail guy, I have a huge structural edge over big, institutional firms. My fund size is much smaller. LOL, I'm sure the big guys do not...
Don't trust testimonials. Some students are given incentives to give good testimonials. Like discounts on course price, free books ... Well-known...
Precisely my point. Did Jim Simons spend most of his time making money from the markets using his algos or teaching his algos after he discovered...
[IMG] This is the best piece of financial advice I heard with regards to trading courses....
Can using only limit orders help retail clients of Robin Hood avoid lousy fills?
There is no right or wrong. Both methods work. One advantage of mean reversion to most people is it is more comfortable psychologically to do so...
A standard piece of risk management advice is not to risk X% percent of your portfolio. Should X be different for day traders versus longer-term...
I don't know how to evaluate these trainers because I don't even think about trying them. It is much cheaper to learn from books and websites and...
Why is the size of his trading account less than $10m when he is making risk-free $1m per month from his students? I would expect a successful...
I edited the opening post. Added some context. Do elite-traders use different methods in different asset class? Say, trailing stops in stock...
There is no right or wrong in the choice. I would like to the views from elitetraders here concerning this issue -> When do you use profit-targets...
If python a good software for doing back-testing? Anyone tried it? How does it compare with using specialised software like Ninja, Metastock,...
depends on how risky IBKR deem your portfolio is. They can raise maintenance margin as much as they like to protect themselves and in so doing,...
Not possible. Elliot wave interpretation is discretionary, not objective.
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