I also joined his room for one month just for the hell of it (never logged into a trading room before, wanted to see what people were actually...
$30/day max loss limit? What kind of firm imposes a limit that low? That right there screams out that they are completely inept as a trading...
It's kind of sad that the US doesn't even have a bank in the top 30...
Whoops, you're right - temporary brain glitch. I was confusing tick size with contract size for a second there. As for who benefits - well,...
I agree - I thought this was self-evident. I can't see why any traders would be cheering this move. For that matter, I can't see why the CME would...
Maybe I'm ignorant, but I fail to see how this is a good thing. The tick size is increasing, which is increasing your slippage. The bonds aren't...
I don't believe you. I don't believe that you bought a new airplane last year, or that you own two expensive cars. (I'm assuming that we're...
Cramer is an idiot. I would rather take trading advice from a hamster.
I was referring strictly to the market comparison. You're right, it's not 1999 from an economic perspective or even from the way that markets are...
If you know how to read something, it is not useless. Every indicator ever written is useful at some points, and works well in some market...
All price-based indicators are just another way of showing price action. You don't really "need" any of them. However, they can be useful if you...
Any stock or index that is moving is ripe for making profits if you know how to do it. On the other hand, if you don't know how to read a chart or...
Maybe so. During the dot com days there were lots of companies with incredibly stupid business plans, no revenue, no profits, and no hope in hell...
It's actually not as bad as it seems, but you have to be careful not to enter at certain points. For example there are periods of time where it's...
Yeah, I've noticed that too. It doesn't happen that often to me, but when it does it's a real pain, especially if the market is moving fast.
It's all manipulated. This recent 5 month rally is yet more proof that people who trade off of fundamentals generally don't have a clue what...
When everyone has their party hats on and is celebrating the return of the bull market, it will be time to go short for a big move to the...
I agree. What I was really trying to get at is the notion that a lot of people are in trading only for the money, and not because they actually...
I have another copy of NT running on a second computer, with the same internet connection. I can load up one copy with a lot of charts, and the...
I can generally make money during those times, although you really have to be in the right frame of mind - I don't always do it. You have to have...
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