I think it might be important to speak from personal experience and not project that onto how others tick.

Trading Truths

Now that I have the spreadsheet set up, I can answer any scenario you wish to know on daily data from 1982 to 2018. I doubt whether any will be totally consistent with the theoretical numbers I spat out previously, knowing fat tails - google that. ...

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

Incorrect.

Macro Talk

Ah! Statistics. Has someone else checked the averages in your table? Yep, it follows an approximate Gaussian probability distribution (a bell shape, which some may have seen - the further away from an average, the less it happens. Most stuff happens ...

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

The Aussie $ has been pretty rooted for quite some time, the culmination of decades of fiscal and monetary imprudence by suits. It tends to spike up well when mining is doing good and before govt can tax the stuffing out of it. Anecodote - the ...

Discussions on Order Flow/Volume

Might be useful as a disaster/black swan stop loss.

Percentage S&R

Actually, it is just algebra - an accounting identity which is true by definition in equilibrium in a textbook. Sort of like double-entry bookkeeping. This isn't even Eco 101 - it is taught at secondary school where things like supply and demand are ...

Macro Talk

Quite so. Fiscal (government) spending *should* be focused and very specific. If stimulus required, direct it towards those with what is called a high marginal propensity to consume. If you wanna give/splash a thousand bucks out to people, give it ...

Macro Talk

Yes, it is a credible warning by Apple - people in Australia are also no longer buying anything made in China on account of the virus. Maybe coz we are racist, but that is another issue.

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

The Gold Silver ratio made a low of about 14 in January 1980. I have data only after 1977. Anything much before 1974 is irrelevant for gold. For that one person who doesn't know why, speak now. I am not convinced about any meaningful causal link, ...

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

This volatility thing - a pox on me the day I start trading options on individual equities, but it is well known that implied volatility increases before earnings announcements, and drops off immediately after. Only a possible analogy/reason, I'm ...

Gold RIGHT NOW

That's a good question, and I can only speak for myself, but not dissimilar to Auri. I have the answer but if I told you, you know the cliche. Why have CDs or records when you can have things like Tidal or other streaming services? Its the vibe, ...

Gold RIGHT NOW

While I am inclined to agree (similar with platinum), it is a deferral of current demand that in all probability will be relinquished at some later time (unless there are opportunities which will be gone in any foreseeable time horizon, which is ...

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

Quite so, on many levels. I'm not sure where to start on my rant about this, so I won't.

Calculating position size automatically

Pretty much everything you have said has been mostly right. I am also happy to be corrected, but I think the only options traded these days by open outcry are the big S&P500. I have no practical experience with individual equity options - perhaps ...

Who is the primary driver of option trades?

Passing on the leverage aspect of Dukascopy Swiss for a moment, what many may find to be exceptionally virtuous is that they offer a Miss Dukascopy competition. Complete with pictures for those who are of a visual disposition. url

ASIC deals massive blow to Australian CFD industry

Should you wish to bump up the leverage there is an easy and legitimate method for doing so. For every $100 of your own money, borrow $10,000 from someone else and deposit that into your account. That would make the leverage on your own money ear ...

ASIC deals massive blow to Australian CFD industry

And maybe the complaints they receive all look pretty much the same, too. "Me broker, them they ripped me off and now I is broke an' with the ecomony an' climate changin, and me credit card outfit, well, them they keep hassling me missus. Marky, ...

ASIC deals massive blow to Australian CFD industry

Thankyou for sharing that low risk play - yep, now I understand. Personal anecdote - the bond traders in a funds management outfit I worked with would do that kinda stuff daily with too many zeros to count. Seven day settlement which never happened ...

ASIC deals massive blow to Australian CFD industry

Unlike HeyYou, I don't understand. Define "low risk" in the context of trading. If anyone thinks the answer ought to be obvious to blind freddie, I can't help you. Anyway, that's not the point. I think the real issue here is the uncomfort with ...

ASIC deals massive blow to Australian CFD industry