I am sure he will always be welcome at his old university, the LSE.
A very interesting talk was recently given by George Soros at the London School of Economics on the credit crisis. He also answered a question...
A couple of observations: (1) Market profile can be a useful tool. I know of many profitable traders who use it as a key part of their...
Anyone that can average 20+% per year over 20 years+ on millions of dollars deserves a lot of respect. A truly great trader.
I was never a floor trader and to be frank I don't think I would be very good at that because I am not that quick. I think it requires some...
Old trader is not alone in this approach. I knew another trader once who did the same on overnight positions. Only had stops working during the...
If it works for you, keep on doing it. There are probably many different routes to successful trading. We can all only speak from our own...
Researching extensive historical data also helps. I found it illuminating to analyse every intraday move in the ES back to when the contract...
Trading books are like ET. 95% of what is written has no value. However, you find 5% of the information has great value and is very helpful....
It's mainly based on the price pattern of the chart, which is a function of the volatility of the current day. However, in addition to the...
You don't. You base it on the current volatility on any day. And you don't know that until you see how the market is trading on that day....
I should clarify this by saying that I think there are two good methods of placing stops. First, a wide fail safe or emergency stop which is a...
Apologies in advance for some of the blatant advertising in the article, but I thought some of the general points were worthwhile considering so I...
3. Overtrading Greed is a very subtle, but deadly contributing factor to failure. Greed is hard to detect, therefore you have to look at the...
An interesting article on failure. --------------------------------------------------- Today's Featured Article ---------- Why Most Traders...
Tight stops in the ES are usually the quickest route to death from a 1000 cuts... I tend to use fairly wide stops, but I think that is...
Nice trade. I can see how buying on weakness allows for a nicer r:r than waiting for price confirmation. Both approaches work, IMHO, depending...
Sustained bull markets in Gold are extremely rare. Looking at the NY spot Gold price from 1800 to 2007 it seems there have only been two bull...
Your Type is INTJ Introverted Intuitive Thinking Judging Strength of the preferences % 44 38 62 44
The point is that it is completely naive to suggest the price rises in commodities are due 100% to speculation, which was what the poster alleged....
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