Hey Justin, I checked out the MBT Web 1.0 at work a few minutes ago, I'm not able to see any quotes or add anything to L2. It gives me a message along the lines of not being authorized to view quotes. I noticed it lists two accounts, one being a ...

MB Trading Futures - Introduction

Most likely you won't be very profitable at first, and with that in mind I would say the single most important thing is good money and risk management to keep you in the game while you continue to acquire the knowledge necessary to trade profitably. ...

Going live first time

Good point. It would be interesting to see the figures when filtered by a variety of categories (education, profession, age, net worth, etc.). No doubt the percentage of all people who have opened accounts and not been profitable is probably way, ...

95% losers - Fact or Fiction?

Nope, wrong again kk007. New data was used every time. I'm not sure what is so difficult about understanding that? The study specifically said they used a different day's tick data for each example. I don't think you actually read the study

Can you tell with naked eyes?

kk007, in the study, those who had previous financial markets experience fared only fractionally better than those who had no previous financial market experience. It was in the range of 1-2% higher. Also, no, there's no way they could 'memorize' ...

Can you tell with naked eyes?

Actually, in the studies, different data sets behaved differently. Some of the instruments (real) used: USD/CAD spot, gold spot, DJI corp bond index, Russell 2000. We know not all of these instruments 'behave' the same way, and in fact in some study ...

Can you tell with naked eyes?

The best part is you can actually practice it in real time, the link is in my other post but here it is again. url It's pretty interesting stuff.

Can you tell with naked eyes?

It's a proven fact that randomized time-series charts can be distinguished from real price charts to a certain degree of accuracy. Abstract from a recent MIT paper: We construct a financial “Turing test” to determine whether human subjects can ...

Can you tell with naked eyes?

IFR is a Thomson-Reuters service. It's good for keeping on top of the market if you are an intraday trader and want up to date reports & analysis. Also sometimes you will hear about large orders, options barriers, etc. which can make or break a ...

Who reads and who writes IFR?

Congrats on the great rating by Barron's, Justin. It sounds like they were pleased with the MBT Web platform, I can't wait to give it a go.

MB Trading Futures - Introduction

"Guarantee a profit" is a phrase that shouldn't exist in any trader's vocab.

Analysis of Martingale

Equities/Dollar correlation is due to capital inflows to what is perceived as one of the safest assets, USD. When people are piling out of foreign equities for example (look at what happened today during the European close), money is going ...

So is the Dow USD correlation just a technical indicator?

i like brett steenbarger's blog "TraderFeed" it's from the author of "The Psychology of Trading" which I'm sure some of us have read anyways it's focused purely on trading, largely on the psychological aspects of it, but there's also articles on ...

Your Best morning coffee links

There's two statements in this thread that I don't believe, see if you can guess which ones!

Any Extremely Profitable Systems?

Nice post & explanations, Fuzzyzc.

Candles are arbitrary

I do... but first let me tell you about this bridge in Brooklyn I'm trying to sell

Wrap it up and make loads a money...?

Great news about MBT Nav Pro and the other updates, I've been looking forward to using Nav Pro for a long time now. Can't wait for Web Nav too. And, anecdotally, since Tar won't seem to get off the negative quotes issue, I have entered orders and ...

MB Trading Futures - Introduction

No one has ever, ever claimed that they could return 5% on a compounding account balance ad infinitum. But you obviously don't care what people can actually do, and instead think that a simple math problem dispels the notion a trader can be ...

Stop fooling yourself; There is no system

Bollinger bands & RSI both perform better in ranging environments. If you are going to trade based on these two indicators, I would focus most of your energy on learning to identify if a market is trending or ranging, because fading the bollinger ...

What are your thoughts? BB + RSI 14

I trade with MBT, once Tokyo trading starts (circa 7PM EST, when I usually start) the spread is pretty consistently 0.9 pips and has been for as long as I've been trading this session. Will often go lower to 0.8 or 0.7, and rarely will go higher. ...

What's your most profitable session ?