GK..i must agree..and i do not like pushing any broker..on anyone..but..IB have come on a lot lately..and the new mosaic is as good as any other platform..very easy customize and move around..still some little glitches with the charts..but still a massive improvement..overall..with the range of markets that IB gives u access to..they are very hard to beat..and cheap comms for small trades..which is what is required for most retail traders..we can forget about the big fat bastards..as they are the few..and we do not want to become one of the few anyway..u can have more than one broker..and use the best suited one..as..and when..required TO
XX..at the moment it is mainly futures options..and a little futures..as TO is still learning..and never stops learning..so daytrading stocks is on back burner for now..but will resume in the near future TO has also decided to risk some money on Oil..so lets see what happens with these ones..but again..the trades are already taken as losers..and TO means this..for..it is a balancing act..as..u will not make any money if u do not trade..but..at the same time u must control urself..and limit ur risk to a small % of ur trading capital it is obvious to all..the more u have..the bigger ur % risk is..so..the bigger the loss in $$'s..but..also the bigger the win in $$'s when u are right..the hard part of course..is to get the consistency..which..can only be done by many many trades..i don't think there is any other way..unless u have some insider fat arse bastard friends general..we are the plebs..and the plebs must be clever to beat the fat arse bastards at their own game..so..forget about all the shyte that idiots write about nothing..and take note of those who make sense..then see if u can use the info gained to help u..if not..then you either keep searching..or.. maybe trading is not for u..as it really does not suit every person..or most people even..for it can be as boring as hell..but..still much better than taking orders from some shit head arsehole who thinks he is ur wife (boss) TO expiry next Tue i believe...let us see what happens??? TO has criticized others for not showing what they speak about..so..here it is..win or lose
anyone guess what this is? hint=cvdr -2.01 223,224 Tue-10-Jul-12 2.30 1.93 185,909 Mon-09-Jul-12 2.48 -3.09 230,686 Fri-06-Jul-12 3.11 -0.29 260,648 Thu-05-Jul-12 2.48 -0.78 31,319 Wed-04-Jul-12 1.27 4.88 266,250 Tue-03-Jul-12 4.71 -1.44 236,321 Mon-02-Jul-12 2.95 8.17 362,404 Fri-29-Jun-12 7.06 -2.56 263,002 Thu-28-Jun-12 3.56 1.31 206,082 Wed-27-Jun-12 2.24 0.38 210,007 Tue-26-Jun-12 1.32 -1.21 206,126 Mon-25-Jun-12 2.65 2.81 246,178 Fri-22-Jun-12 2.81 -3.76 317,406 Thu-21-Jun-12 3.27 -3.91 331,550 Wed-20-Jun-12 3.86 1.14 215,564 Tue-19-Jun-12 2.15 -1.33 116,763 Mon-18-Jun-12 3.53 -0.20 39,819 Fri-15-Jun-12 1.37 2.33 38,975 Thu-14-Jun-12 2.15 -1.23 29,874 Wed-13-Jun-12 1.85 2.85 24,678 Tue-12-Jun-12 2.62 -3.82 21,657 Mon-11-Jun-12 5.48 0.83 20,996 Fri-08-Jun-12 2.63 -2.17 23,445 Thu-07-Jun-12 3.55 1.75 14,076 Wed-06-Jun-12 2.17 -0.12 11,889 Tue-05-Jun-12 1.59 1.05 14,663 Mon-04-Jun-12 3.13 -3.77 21,403 Fri-01-Jun-12 4.27 -1.09 16,575 Thu-31-May-12 2.40 -3.76 14,683 Wed-30-May-12 3.60
Wow TO good to see you going from stocks -> index options -> futures options -> futures -> oil -> forex - did I miss anything eur looks weak to me and a test (or break) of 1.2 may not be out of the question but then again what do I know change volume day range So you are looking at an instrument with consistent and juicy ADR! Very interested in how this pans out
What was your reason for buying CL calls? I saw the obvious Head & Shoulders on my 60-min chart, so I figured it had a good chance of trapping people & going up instead of down today. Plus we've had 3 fairly narrow days in a row on the daily, so a decent up bar or down bar was due.
Dear TO, my apology for the late response. (read your reply earlier but too much thinking....forgot to reply) Thanks for taking your time and inputs. I think I can work out something for myself....this is take some time... I must stay rule no.1 is a great guiding principle.... and also the thinking part is very important.... I will update you of my progress somewhere in the future. Once again...thank you.
Positive expectancy. No point trading if you haven't got that. I don't see how that appears on your 2 trades, although surely you must have had it in mind. Positive expectancy is nothing more than a tendency to profit in the long run by your own behaviour whilst trading, obviously.
I agree with Mysteron. What matters most when trading is to know when to get in & when to get out & to be as accurate as possible. A guy can risk 2 ticks & get stopped out 5 times losing 10 ticks & missing the big move while another guy can risk 10 ticks & never get stopped out & catch a big move of 50 ticks. The guy risking 2 ticks thinks he risked less, but in the twisted reality of trading he actually ended up risking more. Looking at your 2 trade examples one was very accurate; the other was just plain wrong.