FCMForex, what you are posting is very misleading. Your knowledge on contract law is clearly limited.
Several of your statements bear no relationship to reality.
You are liable for negative balance
Hereby confirm that you are liable to pay back any negative balance, either to the broker or the receiver.
I unfortunately had postions open with 3 spread bet companies when 9/11 disaster struck and had to payback negative balances
Save your money
John Ehlers articles are interesting from an academic point of view, but from my analysis are no better at predicitng market movement than a coin toss. Win some / loose some, 50/50, people who sell their sophisticated indicators and systems often write about winners but forget...
Advice
Like so many things in life e.g:
Skiing you need to lean into the valley rather than into the mountain
Golf the harder you try to hit the ball the worse the outcome - a smooth controlled swing is the answer.
Key elements of trading are contrary to human nature.
People always focus on...
t2w34035 "My current challenge in trading is risk measurement. Trading the means and trading the extremes helped. Moving averges helped. Tradestation's Fibonacci retracement application has helped, also. I'm now working on RSI. "
Risk management is easy to control - NEVER trade without...
Guess my post above is a bit heavy going as 74 views to the article but only one reply ( +1 email).
For info not an easy trading day but system generated net gains of 101.5 points on Dow and 150 on Eurostoxx today.
Worth persevering for..........
Mike
Great to meet up with so many of you at Solihull yesterday. In response to several requests for details re trading Futures:
I have account with GNI and trade Eurostoxx 50 in morning, Dow mini $5 in afternoon / evening.
Advantages
Access to futures order book 10 trades each side
Stops and limits...