- Search Crypto Craft
- 1,162 Results (10 Threads, 1,152 Replies)
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philmcgrew replied Oct 20, 2006There is a quote page on www.cme.com called e-quivelants which effectively converts the futures price into a spot price in an effort to make it easier to cross over to the dark side. It also shows real time order depth which may be of use to those ...
Market Makers & ECN’s, Is the grass greener?
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philmcgrew replied Oct 20, 2006At the risk of sounding like a nitpicker....it's 1 tick, not 1 pip. A pip has a specific value assigned to it and it may or may not be close to a tick. If we are all going to run to the futures market we need to learn to talk the talk.

Market Makers & ECN’s, Is the grass greener?
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philmcgrew replied Oct 20, 2006One might also argue that we are in a rangebound market (EURUSD) since mid-May and although range lows have been tested, they have not been broken. In that case, there isn't a trend so there can be no counter trend. We haven't seen sustained ...
CounterTrend Trading
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philmcgrew replied Oct 18, 2006Here are 4 critical questions that you should have answered. These were written by Brett N. Steenbarger, Ph.D. 1) Why should I place my money with you? Show me, in your historical testing of your strategies and in your real-time performance, how you ...
I am in search of a Managent Account
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philmcgrew replied Oct 18, 2006Point taken. Trust me, I'm not mad, I simply offered my opinion. No offense but Demo trading is not the same as trading for a living. I still take a demo trade once in a while just to goof off. I think demos are great but, it's not the same. People ...
Talk about a way to start a day off
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philmcgrew replied Oct 18, 2006Yeah I know. Now I have to spell check all my posts.
Talk about a way to start a day off
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philmcgrew replied Oct 18, 2006The only points you've made so far are: 1. You don't know how your broker works 2. You can't admit when you are wrong 3. You can't spell proven. Which one are we focusing on now?
Talk about a way to start a day off
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philmcgrew replied Oct 17, 2006It went down hill after post #23
Just kidding dude!CounterTrend Trading
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philmcgrew replied Oct 17, 2006"The markets can remain illogical longer than you or I can remain solvent." Most of us have learned that the hard way, just not on a forum in front of everybody. Start using stoplosses, admit that you're going to be wrong 40% of the time, (sometimes ...
Talk about a way to start a day off
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philmcgrew replied Oct 17, 2006Draining your account to teach your broker a lesson probably won't work. Exit the position, pull your pants up, and come out fighting tomorrow.
Talk about a way to start a day off
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philmcgrew replied Oct 17, 2006The downside of being better than everyone else is that people tend to assume you're pretentious.
CounterTrend Trading
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philmcgrew replied Oct 16, 2006That's cool. I respect that you have a unique strategy that employs have leverage and the fact that you have successfully tamed fire. For the average bear starting out in Forex, the focus on excess leverage is highly overrated.
Trading Style & Leverage
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philmcgrew replied Oct 16, 2006I mistakenly thought that you could put aside your attitude and explain to the good people what the advantages of hedging would be over an exit/entry strategy. The post is entitled "How do you use correlations" so it would be interesting to learn ...
How do you use correlations?
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philmcgrew replied Oct 16, 2006I don't understand how an imperfect hedge is better than exiting the market and restoring your original position after the smoke clears.
How do you use correlations?
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philmcgrew replied Oct 16, 2006I get 50:1 leverage and have never remotely approached anything close to a margin call. It's just not conceivable if you employ sound money management.
Trading Style & Leverage
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philmcgrew replied Oct 16, 2006Very intersting! Why don't you throw out a prediction now?
CounterTrend Trading
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philmcgrew replied Oct 16, 2006This site has a lot of great tools incuding rates: http://www.mataf.net/en/analysis-interest_rates.htm
How do you use correlations?
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philmcgrew replied Oct 16, 2006Dude, that's great! Sadly, many would reject an offer for 61% a year for the dream of making more. Trading 3 lots for 1 pip is still a pip a day though
Your return could even be higher than 61% because you haven't considered the fact that as your ...How do you use correlations?
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philmcgrew replied Oct 16, 2006Ah, the life of a scalper
You are in no man's land. If you want to be a scalper you need to find something that will increase your win percentage. If you want to be a swing trader you need to sacrifice some of your accuracy and find something ...Risk Multiples and Profitability
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philmcgrew replied Oct 15, 2006If you risk up to 5% of your account you leave 95% of your money unused. Even if you have several positions on most of your account remains available. Margin really shouldn't be a concern to someone who employs some form of money management.
Trading Style & Leverage