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Search: Posts Made By: ddouglas
Forum: Traders Hideout May 1st, 2012, 05:23 AM
Replies: 61
Views: 30,426
Posted By ddouglas
These kinds of limits are not just available, but...

These kinds of limits are not just available, but required at Crossland (whether you want them or not).

I think everyone knows about the daily loss limits, but there are a couple of others, too:...
Forum: Off-Topic April 25th, 2012, 06:10 PM
Replies: 127
Views: 36,517
Posted By ddouglas
Monpere - No disagreement there, & I think...

Monpere - No disagreement there, & I think everything you just said applies to choosing a trading approach as well . .

(& probably many other things in life, too).
Forum: Off-Topic April 25th, 2012, 05:23 PM
Replies: 127
Views: 36,517
Posted By ddouglas
Salisem, agreed . . Back when I lived in the...

Salisem, agreed . .

Back when I lived in the south, I had a friend who used to say "if you pay peanuts . . you get monkeys." Which is very representative of the personal-trainer world right now. ...
Forum: Off-Topic April 25th, 2012, 04:08 PM
Replies: 127
Views: 36,517
Posted By ddouglas
I also prefer weights to anything else. Though...

I also prefer weights to anything else. Though biking is a very close second. I loved the martial arts, but gave them up years ago (sigh).

I live in Manhattan, which is very bike-friendly, &...
Forum: Platforms and Indicators April 14th, 2012, 06:47 PM
Replies: 29
Views: 19,331
Posted By ddouglas
This is only true for the FIXED commission plan. ...

This is only true for the FIXED commission plan. Under Cost-Plus, you could actually receive a credit (versus paying commission) if you are swinging volume & adding liquidity . . (details & examples...
Forum: Psychology and Money Management March 7th, 2012, 11:48 PM
Replies: 151
Views: 41,894
Posted By ddouglas
Yes, excellent! That's all I was trying to say...

Yes, excellent! That's all I was trying to say in the first place.

Then, it's the trader's job to try to make each parameter have the highest probability of winning - ie, taking with-trend...
Forum: Psychology and Money Management March 7th, 2012, 11:16 PM
Replies: 151
Views: 41,894
Posted By ddouglas
Does this mean you have no probability of...

Does this mean you have no probability of winning? Or a un-determinable probability of winning? In all reality, neither one of these things is true. Not only do you still have a probability of...
Forum: Psychology and Money Management March 7th, 2012, 10:07 PM
Replies: 151
Views: 41,894
Posted By ddouglas
Yes, exactly. Then you cannot fairly...

Yes, exactly.



Then you cannot fairly discuss probability - because probability without market context is the only way to compare trading performance against pure "random chance alone."

This...
Forum: Psychology and Money Management March 7th, 2012, 09:13 PM
Replies: 151
Views: 41,894
Posted By ddouglas
I didn't say anything about random walk - nor do...

I didn't say anything about random walk - nor do I subscribe to it.

I said that the idea of 50% probability is wildly flawed, and does not account for the other parameters that are imposed on...
Forum: Psychology and Money Management March 7th, 2012, 08:42 PM
Replies: 151
Views: 41,894
Posted By ddouglas
I don't want to rain on your party, but you...

I don't want to rain on your party, but you understand what I mean, right? I hear "50%" all the time from all kind of different sources.

Truth is, the minute you add a qualifier to that 50%, it...
Forum: Psychology and Money Management March 7th, 2012, 08:13 PM
Replies: 151
Views: 41,894
Posted By ddouglas
This is more than highly arguable, it's downright...

This is more than highly arguable, it's downright false. The chance of the market moving in the direction of the trade is, in fact 50/50 - as the market can only go with or against the trade...
Forum: Traders Hideout March 7th, 2012, 07:02 PM
Replies: 89
Views: 41,864
Posted By ddouglas
I think it's important to distinguish that the ES...

I think it's important to distinguish that the ES volume may be lightening up - as a by-product of the entire class of stock-oriented products lightening up, but that is not representative of futures...
Forum: Traders Hideout February 15th, 2012, 12:10 AM
Replies: 89
Views: 41,864
Posted By ddouglas
According to this forex industry report, the...

According to this forex industry report, the improvement in FXCM's year-over-year numbers is almost exclusively due to acquisitions.

"FXCM emerged as world’s largest forex broker in Q3 mainly due...
Forum: Traders Hideout February 14th, 2012, 06:24 PM
Replies: 89
Views: 41,864
Posted By ddouglas
So far as currency futures go - since they track...

So far as currency futures go - since they track the Interbank market prices, in theory, volume could dry up 90% or more, and it still wouldn't affect the individual retail trader.
...
Forum: Traders Hideout February 14th, 2012, 05:58 PM
Replies: 89
Views: 41,864
Posted By ddouglas
Honestly, is this an issue that really affects...

Honestly, is this an issue that really affects any of us?

The 6E shows 5-600 on either side through most of the day. If that were cut by 60% to maybe 200ish per-side, would that hamper anyone's...
Forum: Commodities February 13th, 2012, 08:09 PM
Replies: 17
Views: 5,485
Posted By ddouglas
This is the second time the NYMEX went down in...

This is the second time the NYMEX went down in what, six weeks?

** Dec 20th - I had to go back & look. So that's two complete shut-downs in less than two months.
Forum: Commodities February 13th, 2012, 01:43 AM
Replies: 30
Views: 45,702
Posted By ddouglas
The bid/ask spread is a little tighter on YG than...

The bid/ask spread is a little tighter on YG than MGC, but MGC is 1/3 the size of YG, and therefore more sensitive for position-sizing. So it just depends on what you're trying to accomplish,...
Forum: Brokers February 12th, 2012, 02:15 AM
Replies: 2
Views: 2,668
Posted By ddouglas
Whether Penson is safe or not is not for me to...

Whether Penson is safe or not is not for me to say, but that's not why TDA is moving customer accounts.

TDA has been intending to become an active FCM for a long time now, and this part of the...
Forum: Currencies February 10th, 2012, 01:20 AM
Replies: 120
Views: 94,301
Posted By ddouglas
The source of the info is from Gain/FXCM's own...

The source of the info is from Gain/FXCM's own reports to the CFTC. So if they report any of that information, it's probably available from the CFTC.


I'm sure that CME commissions would total...
Forum: Currencies February 9th, 2012, 10:49 PM
Replies: 120
Views: 94,301
Posted By ddouglas
For those of you still contemplating the virtues...

For those of you still contemplating the virtues of a forex account (versus currency futures), here's an interesting article:
...
Forum: Currencies February 9th, 2012, 08:22 PM
Replies: 20
Views: 7,870
Posted By ddouglas
Let me clarify that there is a built-in...

Let me clarify that there is a built-in assumption here that the M6E is only useful for less than 5 contracts.

At that point, the E7 is the next logical choice, and if you're contemplating...
Forum: Currencies February 9th, 2012, 08:10 PM
Replies: 20
Views: 7,870
Posted By ddouglas
Disagreement is what makes the world go-round. ...

Disagreement is what makes the world go-round. ;)

However, the contract size is 1/10th of 6E (12,500 v. 125,000).

Granted, this makes it look even MORE expensive @ $16.60/RT at comparable...
Forum: Currencies February 9th, 2012, 06:43 PM
Replies: 2
Views: 2,122
Posted By ddouglas
I think you'll find all the questions relating to...

I think you'll find all the questions relating to this contract answered by the M6E/E7 threads (of which there are several), except that the spread on M6B is usually a little wider (~4 ticks). All...
Forum: Currencies February 9th, 2012, 06:27 PM
Replies: 20
Views: 7,870
Posted By ddouglas
You're either having data-feed problems, or only...

You're either having data-feed problems, or only looking at the LAST price. The bid/ask on M6E is NEVER more than 1-2 ticks away from 6E.

Again, as I said in a different thread on this topic,...
Forum: Currencies February 9th, 2012, 06:20 PM
Replies: 20
Views: 7,870
Posted By ddouglas
By 'atm' I assume you mean 'automated trade...

By 'atm' I assume you mean 'automated trade management,' or basically exit-orders (held in Ninja or in the market as stops).

Unless you have specifically requested GTC's (good-till-canceled), and...
Showing results 1 to 25 of 47

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