Recent content by jeeba

safer to long instead of short, and also avoid using margin :idea: Intead of shorting oil futures, it would have been safer to go long on an inverse-oil product, and not use margin (meaning buy no more than what you have in your account). For example, if you would have bought NYSE ETF...

Don't decide when to walk away from the monitor based on your short term results. It's much better to walk away after you've put in a predetermined amount of time, or when the markets go flat and don't give you any info to trade on. This is especially true when you are in the practice/learning...

If you want cheap commisions, take a look ath interactivebrokers.com Their interface is a bit clunky, but they do have programmable API so you can build your own. IMHO, $10 per trade is very expensive, unless your orders are very large, in which case TDAmaeritrade's flat fee might be better...