Are you the same guy from Forex Factory? If so, I have been looking for you!! Have you done more work on the PERFECT HEDGE?
Yes I am the same guy...no sir I abandoned the "perfect hedge"...I prefer to spend my time to trade directionally at the moment (but you never know) and not to exploit a companies policies to yield a profit. This would be a dead-end pursuit, eventually. Just for your information I am not a vendor or have aspirations to be. I do not trade OPM and trade my own money and have no aspirations to manage accounts any longer. I am not a mentor and I enjoy sharing here on ET to many readers at once, but not by PM. Thank you for reading ET and Welcome! (if no one ever welcomed you) I am sure you will find that this is the #1 site on the internet for traders to discuss trading with other traders. Thanks for your interest and here is a thread that may interest you: http://www.elitetrader.com/vb/showthread.php?threadid=76808 Michael B.
Michael: Thanks for the welcome. I don't want to run a company either. Though I allow others to market my educational materials ( books ). I never sell code. That I give away for free. I have threads on elitetrader for my TradeStation and eSignal code. I am banned from posting on TradeStation and eSignal. My free code is a threat to their for sale code and their vendors. It seems to be a policy that they would rather their customers pay for code than receive code for free. I look forward to swapping ideas and code with you and your readers.
I appreciate your honesty and Thank you for bringing to light your intentions. I have reviewed your posts and I would like to thank you for not making ET your spamming grounds directly or indirectly. I too look forward to learning from you. Michael B.
Quick question for Trader28, do you stop trading this method about 45 minutes before the close ? Or do you sometimes trade right up to the close if you spot a good trade coming up ? Thanks
ElectricSavant, With your permission I would like to update Wikipedia's definition of "backhanded compliment" to include your example above. Thanks in advance!