NexusFi: Find Your Edge


Home Menu

 



Showing results 1 to 25 of 34
Search: Posts Made By: jlancaster
Forum: Brokers August 23rd, 2011, 03:50 PM
Replies: 4
Views: 4,065
Posted By jlancaster
I hate to revive a necropolis thread (I guess a...

I hate to revive a necropolis thread (I guess a few months isn't too bad), but I took a break from the internet/trading communities and didn't see Mike's reply until now. The volatility encouraged me...
Forum: Brokers May 31st, 2011, 08:07 PM
Replies: 4
Views: 4,065
Posted By jlancaster
LA/West Coast Brokerages - Cannon Trading, MB Trading, who am I missing?

I've been looking for a futures broker on the west coast to replace my current (crappy) one.... but I haven't had any luck with getting recommendations in other discussion areas, so I'd like to...
Forum: Treasury Notes and Bonds April 19th, 2011, 05:09 PM
Replies: 12
Views: 21,928
Posted By jlancaster
The classic newbie post. If I had been active on...

The classic newbie post. If I had been active on forums I would have written my own variation on this post albeit with better grammar.

zhye, What you're experiencing is normal. Don't panic. There...
Forum: Currencies April 19th, 2011, 05:03 PM
Replies: 20
Views: 7,432
Posted By jlancaster
Look, it really depends on the times that you...

Look, it really depends on the times that you find yourself awake and ready. Volume counts for a lot. But if a high volume hour comes when you've just gotten out of bed and are not fully awake it...
Forum: Currencies April 19th, 2011, 04:55 PM
Replies: 12
Views: 5,584
Posted By jlancaster
Some people above have stated that the USD/CHF...

Some people above have stated that the USD/CHF pair is good. I second that motion. The franc is stable because Switzerland is so neutral and such a small country. It is a good benchmark.
Forum: Commodities April 19th, 2011, 04:46 PM
Replies: 99
Views: 26,972
Posted By jlancaster
Speculators like myself are to blame. When the...

Speculators like myself are to blame. When the news of the Libyan civil war broke I immediately bought oil. Many others did the same. The 2.2% figure is really not that high and not really worth the...
Forum: Commodities April 19th, 2011, 04:39 PM
Replies: 27
Views: 8,532
Posted By jlancaster
I have a feeling S&P is going to follow through...

I have a feeling S&P is going to follow through with their 'negative outlook' warning and slash the US AAA to AA. Thus, the dollar becomes weaker, gold and silver gain.
Forum: Commodities April 19th, 2011, 04:35 PM
Replies: 114
Views: 27,117
Posted By jlancaster
If you asked me 6 months ago, I would have said...

If you asked me 6 months ago, I would have said "There's NO WAY gold is going to reach $1,500." And look what happened!

Looking at the current situation, I have a gut feeling its going to reach...
Forum: Commodities April 19th, 2011, 04:23 PM
Replies: 3
Views: 3,446
Posted By jlancaster
My strategy is strictly to protect against loss....

My strategy is strictly to protect against loss. I have a 63% win rate +- 9% so I trust that in the long run I am profitable.

I set limits on the number of trades I make in one day. Since trading...
Forum: Psychology and Money Management April 19th, 2011, 04:10 PM
Replies: 10
Views: 3,052
Posted By jlancaster
Many people don't know what the learning curve...

Many people don't know what the learning curve looks like. They are not aware that there are short spurts of improvement followed by long and sometimes frustrating plateaus and that the plateaus get...
Forum: Psychology and Money Management April 19th, 2011, 03:52 PM
Replies: 30
Views: 10,420
Posted By jlancaster
Throw away your ego. You can't take yourself...

Throw away your ego.

You can't take yourself too seriously. If you think of yourself as a great trader who understands probability and you're going to make money no matter what, what happens when...
Forum: Psychology and Money Management April 19th, 2011, 03:41 PM
Replies: 17
Views: 4,601
Posted By jlancaster
Great post! I've been thinking about the...

Great post!

I've been thinking about the market as a lead and follow situation where there are a few people who trade one way and then have masses of people follow them thus maximizing their trade...
Forum: Psychology and Money Management April 19th, 2011, 03:37 PM
Replies: 113
Views: 30,414
Posted By jlancaster
Keep using stops. They're good for you. Read more...

Keep using stops. They're good for you. Read more news, become more familiar with the cause and effects of the market.

I suggest looking at daily economic reports released by Report Schedule...
Forum: Psychology and Money Management April 19th, 2011, 03:32 PM
Replies: 125
Views: 35,948
Posted By jlancaster
The bests strategy is to start small and build up...

The bests strategy is to start small and build up again. Here is an analogy:

When I was younger I used to ride longboards down steep hills at 40+ mph. It was fun, exhilarating, thrilling! Until I...
Forum: Psychology and Money Management April 19th, 2011, 03:28 PM
Replies: 204
Views: 64,061
Posted By jlancaster
When you go to a casino you have to go with a...

When you go to a casino you have to go with a budget and you can't go over the budget. Its a weekend in Vegas kind of scenario. You go with $5k or $10k or whatever amount you're comfortable with that...
Forum: Psychology and Money Management April 19th, 2011, 03:24 PM
Replies: 628
Views: 194,007
Posted By jlancaster
1) No its not my primary income 2) Nope. I make...

1) No its not my primary income
2) Nope. I make less that $100k/year from it although I do profit.
3) I spend between 2 and 3 hours a day trading.
Forum: Psychology and Money Management April 19th, 2011, 03:20 PM
Replies: 33
Views: 20,051
Posted By jlancaster
The reason I trade index futures is because I am...

The reason I trade index futures is because I am comfortable with them. I've been trading them for a long time and I am happy with my success rate. Yeah I could probably learn to trade on the forex....
Forum: Off-Topic April 19th, 2011, 03:13 PM
Replies: 1
Views: 1,557
Posted By jlancaster
This kind of thing is just horrible.

This kind of thing is just horrible.
Forum: Off-Topic April 19th, 2011, 03:03 PM
Replies: 28
Views: 5,099
Posted By jlancaster
No joke, is that even manageable? How many...

No joke, is that even manageable? How many centuries will it take to pay this back? How are politicians going to slow our spending, stop it and then reduce the debt?

At this rate I really don't...
Forum: Off-Topic April 19th, 2011, 02:59 PM
Replies: 1
Views: 1,012
Posted By jlancaster
I never read that book but I completely agree!...

I never read that book but I completely agree! I'm an advocate of evolution and I believe that each and every person is his or her own being and they must fight to survive and reproduce. That said...
Forum: Off-Topic April 19th, 2011, 02:54 PM
Replies: 13
Views: 2,993
Posted By jlancaster
I own a Hamilton ETO H77612133, somebody else...

I own a Hamilton ETO H77612133, somebody else mentioned it earlier. Its a good watch. Looks nice and keeps time well. I recommend it if you're not looking to spend $10k.

IMO if you want to date a...
Forum: Off-Topic April 7th, 2011, 05:36 PM
Replies: 2
Views: 1,932
Posted By jlancaster
Are they sure its a code? Or could it be random...

Are they sure its a code? Or could it be random letters and dashes to slow the long bureaucratic dick of the law, thus giving him room for escape?
Forum: Psychology and Money Management April 7th, 2011, 04:22 PM
Replies: 125
Views: 31,648
Posted By jlancaster
34 Winners in a row? If what you say is true,...

34 Winners in a row? If what you say is true, congratulations are in order.
Forum: Psychology and Money Management April 7th, 2011, 04:17 PM
Replies: 125
Views: 35,948
Posted By jlancaster
The best advice I've heard is to use only risk...

The best advice I've heard is to use only risk capital. Don't let your risk capital exceed 1 or 2% of your total assets or you'll end up gambling everything. Keeping track of personal statistics is...
Forum: Jokes April 5th, 2011, 02:49 PM
Replies: 3
Views: 1,329
Posted By jlancaster
Hahaha! That made my day!

Hahaha! That made my day!
Showing results 1 to 25 of 34

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top