im not the only one who gets this

Limit vs Stop Orders

why would i buy GE? LOL if you put the order THAT far away, then yeah maybe your broker will think you are making a mistake. i dont do that so i wouldnt know. i do know you can put your buy limit a few ticks above the best offer, and thats all i ...

Limit vs Stop Orders

the only thing that picture is worth is a thousand confusions first of all you CAN get an immediate fill with a limit order. that itself busts your whole diagram. if you can show me a diagram like that from a series 7 book i will fall out of ...

Limit vs Stop Orders

what the dow does here will be crucial. if it breaks and holds above 13K for a few days i might just let go of my bearish stance but if it breaks 12K then this baby is goin down! LOL

Wall Street close watch

yes thats it it gives you the execution speed of a market order with slippage protection. this is how a professional trader enters a fast moving market!

Limit vs Stop Orders

capitalist, do you understand that "stop" really means "stop-market"? stop is just trader shorthand for stop-market, as illustrated on my IB link and your NYSE link. NYSE doesnt even list stop as a stand alone order, they pair it with market and ...

Limit vs Stop Orders

to further illustrate my point that there are only market and limit orders, i challenge anyone to tell me about an order type that thier broker offers. no matter what your broker calls it, if you tell me how it works i will show you how it's a ...

Limit vs Stop Orders

capitalist i know you are well versed on the markets and have a good grip on the issue at hand... but you are missing a critical element of the puzzle! i say again... THERE ARE ONLY TWO MAJOR TYPES OF ORDERS... limit and market. everything else is a ...

Limit vs Stop Orders

LOL yeah to a new memeber this thread title looks like a shorting prediction

I see oil reaching 100 USD?!

my long time opinion is that the LIMIT order is the ONLY order a trader should use. in some extreme circumstances you might need a market order (aka stop order) such as when you absolutely need to exit a position at a certain point when you will not ...

Limit vs Stop Orders

narafa! good to see you my friend! so back to OPEC, they control the supply side, yes, but they can also go into the futures market like any trader can. i am sure they have been trying to short this thing, this is so freakin bad for them! at this ...

I see oil reaching 100 USD?!

amazingly ive been away from my computer for over a week (yes, it was very weird), only to return and find that the credit crunch is old news. dow on solid footing with the vix almost back to 15 either this is the lull before the storm or ...

Wall Street close watch

mind if i ask why? sounds like you are cookin something up

What are the Tokyo and/or Asian Market Times (Locally) ?

i cant believe OPEC has allowed the price of oil to go this high they are either too stupid to realize this hurts them in the long run (not likely) or they simply can not make a dent in the longs (possibly). SOMETHING has got to give here, ...

I see oil reaching 100 USD?!

if the probability is the same on the long and short term trade, of course you would risk the same amount as you pointed out. the only GOOD reason to change your per trade risk is if the probability is better on one trade over another. but then you ...

Position Sizing Puzzle

i havent noticed any patterns around lunch, and ive been aware of the break because i traded nikkei futures occasionally. it makes sense too, japanese traders probably only make up less than a 3rd of liquidity in the tokyo session. sorry i dont have ...

What are the Tokyo and/or Asian Market Times (Locally) ?

the problem here is there are no set hours for the forex market. its decentralized, so there is no authority figure to set the hours. i can remember when FF was making the "market clock" on the homepage everyone was wondering what the official hours ...

What are the Tokyo and/or Asian Market Times (Locally) ?

i remember when i first heard you say this (in context of course) and its been my favorite line ever since my contribution is "you are only as smart as your dumbest mistake". stole that one from ralph vince

Advice Only. 1 Liners Concise.

the market is showing some strength here! could the weak dollar be the key to a major rally? looks like the corps are raking in huge profits from overseas. im still bearish but certainly the recent price action is not helping my case

Wall Street close watch

i think i forgot to mention ROMAD stands for "return over max drawdown" i also forgot to mention that the ROMAD stat is used mainly when developing quantitative systems that can be backtested. when im discretionary trading i throw statistics out the ...

ROMAD, the ultimate statistic?