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Averaging Down - Is It Really That Bad?

Large traders scale in/out of a position all the time. Their position size is too large to push a button & be all in/out of a trade. That's an advantage we have as small retail traders. The reason it works for them & not for retail traders is ...

Averaging Down - Is It Really That Bad?

Gold would be worth a small fraction of it's current price if not considered a currency. For now though it's still seen as a means to store wealth. I'm not a gold bull/bear, just see it for what it is. IF china decides to make gold more important in ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Seasonal history (17 years) has a rise starting mid february. Recent history a bit mixed. Everyone knows it's warming so not too easy to trade the "obvious" direction. Futures price in the "obvious" :-)

Oil and Natural Gas

Read his thread & notice position size & do a little math. You'd only wish you had his income. Regarding discipline, I think most systems would be profitable if traded with discipline & proper money management. The "system" is really not that ...

Most traders fail because of no discipline!

***Then I used the wrong broker with the wrong "close" time(NY close is important) so proper level is 1.2530 :-) (No wonder it's confusing :-))

Cable Update (GBPUSD)

Yes, a close below the "flip" line I drew will be bearish. I was only referring to the "short-term" view as I mentioned in previous post. "Flip" line is still support. Below will be bearish :-) Not disagreeing with your view or anyone's view :-) I ...

Cable Update (GBPUSD)

I've never traded it so thought it was an ETF but looks like NOT. I think you just ruined my monday $$$$ trade :-( Thanks :-)

The Options Thread

Short term view, I'd remain bullish until the top box is broken :-) TL break is a "pause" in momentum IMHO.

Cable Update (GBPUSD)

VIX Covered Call: Buy 100 shares @ 10.60 Sell Apr. 11C @ 4.50 Cost = $610 Break Even @ 6.10 Profit = $490 if closes @ 11 or higher @ Apr. expiration.

The Options Thread

Stock price is based upon earnings & "potential" earnings. Stock buyers aren't too concerned about "how" they make the money as long as it's sustainable. Look @ FB metrics below. Facebook can branch out into other areas just like Google & Amazon ...

Facebook stock and brokers who have them

Hi Benjamin, Interesting read :-) A few comments/opinions on some of the articles: 1- "Gold Miners are Literally Running Out of Gold" ***Similar to "peak oil" we've been reading about for decades? Gold is a currency & not a commodity IMHO so ...

Money Flow Trading Method along with Risk Management

Google WAS just a search engine. Amazon WAS just an online retailer. Apple WAS just a computer maker. Careful with companies that have "bright" leaders. Zuckerberg & Sandberg are two I wouldn't bet against for too long IMHO :-)

Facebook stock and brokers who have them

CFDs have no effect on the "real" market they mirror as they're just a market created @ your broker but will not be traded on any exchange & have no effect on the underlying price regardless of the quantity you buy/sell unless someone hedges a CFD ...

How to know how many contracts are traded in one bar

Data Box (volume) from futures chart. CFD charts are not real contracts.

How to know how many contracts are traded in one bar

Yes, NY open is 13:00 @ your broker. NY open is 8 AM eastern time. ***If you day-trade the NY session, place the indi on chart 2 times with settings of 13 & 22. Notice how price reacts to the levels.

Help understanding when markets open on my time...