Using stops religiously absolutely cuts the profitability of my systems (at least on paper). But, I really don't worry about the profitability of...
30 years ago, it was state of the art. It's the basis for a lot of better and more current models, but it was based on some flawed assumptions,...
Commercials sell into rallies as they hedge or sell production, while small specs buy. Eventually, there are no more small specs to keep buying...
It's simply a credit spread, one of the most common trades done with options, and can be done with either puts or calls, don't get wedded to a...
The CBOT has a free Dow simulator that works in real-time. Go to www.cbot.com. Jessie
Pretty much any clearing firm will let you do this with discretionary accounts, at least in the "futures" world. It's called a "breakdown" account...
CBOT has one for the mini Dow. Jessie
I just use a few single head cards. Everything from Win 98 up runs them all just fine. You go to settings>display, and it lets you extend your...
Sorry, but ranking Michigan above Wisconsin is just ridiculous!!! They don't even serve beer in their student union! GO BADGERS!!!!!! Jessie
Having the mental skills is MUCH more important. Finding profitable systems is relatively easy, but if you read the posts here and elsewhere,...
As with most things, it isn't as simple as any of us would like, and every decision you make regarding statistics involves compromise and...
".....but where are the CUSTOMERS' yachts?" The previous post really tells you everything you need to know. Jessie
Your first loss is always your best loss. Get out, cover, and put it in the "lessons learned" file. Jessie
There is (or was, I'm trying to recall from my stockbroker days...) a federal reg that states that all margin accounts must be at least 2K. I'm...
www.cbot.com has a link with a listing of all FCMS that trade there, and contact information & specialty (e.g. institutional clearing vs. pit...
Actually, they generally don't hedge with options, and typically just have to eat huge losses in big moves. They will then hold the shares and try...
This is the CBOT URL for the gold mini's. They are 33 1/3 oz., 1/3 the size of the comex, tick = $0.10/oz, $3.32/Tick....
Almost any mortgage company will give you a no-income-verification loan with a minimum of 20% down. they are commonly used by self-employed people...
I suspect that this analogy won't do a lot of good, but try substituting "going to the track" or the casino for "trading" in your post, and see...
I'll bet most of us have had that experience, I know I have, a few times, until I was convinced. And the more exciting things got, the more money...
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