Ok - well then you don't know what a Limit Order is... Limit Order = "I want to buy or sell this thing up to (or down to) this price, but not...
There are many reasons why the market is not zero sum but the main one is that everyone has a different basis. I might be buying or selling to...
Ah - wouldn't we all love to do that. :)
1. Presently, what is your single biggest fear in life? It need not be limited to the trading arena. Ending up alone and/or having to settle...
Limit order ALWAYS. I trade AHC mostly and go through the offer 6 cents and normally get price improvement. When I want to get out quick, I'll go...
I always block my P/L - but price - never. I look at levels, but trade off the tape, so that's not really an option I'd ever consider.
Albert - if you want to learn more about how prop traders make their money and how thier success is measured (I assure you it's not ROI), go to...
Ok - I won't waste my time then. Happy trading.
These calculations are taken from The Logical Trader by Marc Fisher. He feels that Moving Averages are misleading in that they are based solely on...
JMowery is insightful. I don't know what his reasoning about FX, but mine is: 1. It's an OTC Market, which means no demonstrable order flow...
Albert you aren't taking into account that most successful prop traders don't measure % Return. Many put up 20k and pull at least that much out...
Looks like a good fade (short) to me. I find using an MA based on Pivot Points is more useful than a standard SMA or EMA, which are based on close...
Ok - so it seems the overwhelming tone is that successful DAY TRADING can be conducted using a platform that doesn't provide direct access,...
Before I went into trading, I used to do Anti-Money Laundering compliance here in NYC - very boring, but I learned a lot. I'm partial to swiss...
I wasn't trying to be antagonistic. I agree - with a lot of capital and low leverage, swing trading can work well. But, wouldn't you agree...
This is not that difficult assuming the goal is to become judgement-proof and not to evade taxes. Incorporate in Nevis and open a Swiss bank...
Strike a balance between being a total robot and one who's passionate about trading. It's tough... Remember, they are hiring you to be a robot...
I've been reading the threads on these boards and have a feeling that the overwhelming majority of people on here lose money because they aren't...
Faded PD short after Katrina.
Great Question: By far Avil, Hammer (Assent) or a newly ripped-off version, Blackwood (www.Prestigecap.com). These are bare bones systems...
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