Go to the corner and put on the dunce cap. Hey, ya know, I don't think you're going to do well with this particular course. JJ2
Good to see so many noobs full of advice. This 'course' as you put it, is just for fun. Get over it already.
Please note the following. Pupils are not allowed to pass notes to the teacher, looking for answers, and especially pupils who just came to the school today ! All pupils will be treated equally, and when the course is complete the teacher will then accept all questions via notes, and answer each one. Please focus on the curriculum, as the time spent will not be in vain. So, let The M.I.N.D Game continue, and I will now check and correct any relevant answers in relation to the question at hand.
No. We are talking about a fundamental aspect of trading. It is at this stage of the studies that we need to use the tools at our disposal, as follows; What do The Generals do when they decide to trade? Where do the do it ? When do they it ? Why do they it ? How do they do it ? In relation to the question at hand, we need to focus on the; What Once we get the What, we can then move on to the Where. Is this concept understood by all, or do I need to clarify it a bit more ?
Unless you are well equipped for Programme Trading, you might be heading down a slippery slope to nowhere. Mechanical systems are only as good as those that develop them, and since only a very small minority of The Generals make it really big, then it should be apparent that the majority of mechanical systems on the market are of limited value, but they are a very good source of revenue for the companies that cater for the general public trading. I think it is a fair assessment, to say that, there is nearly as much money made from selling trading related information to the general public, as there is money lost by the general public who trade. It pans out very nicely to maintain market balance.
Hi, I will like to know why the the subject being discussed is not attributable to the futures markets in general. Thanks.
Very well spoken Xtrader59. You may, however, want to reconsider your outlook in relation to a; "profitable setup" The Generals that I am talking about leave footprints the size of an Elephants', and without a "profitable setup" these footprints will never be seen, and what is more, even if you showed the footprints to the majority of traders, they would not be able to see anything, as, to the majority, they are just some wild animal meandering about the jungle, but to the experienced hunter, the footprints mean big money when he gets his hands on all that beautiful ivory !
The Generals that I am talking about leave footprints the size of an Elephants', and without a "profitable setup" these footprints will never be seen --------------------------------------------------------- Fine. So there is a setup to see the footprints of the generals/elephants. Are you goint to disclose it here?
A very valid question Optionpro007, and one that requires many answers, some of which I will try and give, but some which may, at the current time, be beyond my abilities, but that is how it is, and I accept that, as all should, for the day we stop learning, is the day we lose. As we all know, the Commodities markets are driven by two distinct groups, those that Hedge, and those that Speculate. If we look at the Grains, then the big players in the market can be either those that are trading to lock in prices, or those that are trading for risk / reward. Soybeans are currently at 1126 1/4 :eek: What group do you think has caused the prices to reach this level, apart form the co-incidental increase in the price of Crude Oil. And, more importantly, in relation to your question, what General group, as in The Generals, are participating in this risk / reward trading ? I specifically mentioned at the outset that this discussion will be in relation to the Stock Market, but those of us that trades for profit, know that, by limiting your trading to the Stock Market, you are in effect limiting your opportunities, and a trading business, like any good business, requires many products (opportunities) in order to survive. In summary, the subject under discussion can be attributed to the Futures Markets in general, but to get the most value from the discussions, it is better to concentrate on where the majority who lose money trade, and that is in the Stock Market.