Recent content by Theodocious

Yup...you are talking about being long a straddle (if the strikes are the same) or a strangle if not. Strangle will be cheaper compared to a straddle. Note that you are long volatility as well. So, if vol keeps dropping as it has been you might lose simply based on that factor alone. As for...

Seems like you did great Alex. Two things impt to me: 1) you had rationale for your entry, and 2) you used stops. As long as you have these 2 ingrediants, I suggest you keep trading...EVERY DAY. Get 25 trades under you belt, keep notes like you did here, and then evaluate your method. Good...

Hi All: I am working to setup a futures trading system and am leaning towards Ninja. My question is what else will I need to be operational. Here's what I plan to do: 1) trade the futures products from CMEgroup only 2) need real-time tick and historic data 3) dont need real time news Can...

====================== Seems like a typo. Their next example is exactly correct. It should be 104.5. However, it's not too inconceivable for a stop loss to be triggered at 104.5 and filled at 103 esp in a fast moving market. HTH, Theo

A trailing stop should trigger at one price. I don't know how min or max % helps, but you could also simply enter a sell stop order at 47.7375 (or 45.225) and achieve the same type of protection. The only benefit trailing the stop has is that it readjusts itself upwards automatically. I use...

I am an OTA alum. I took their Forex class about 3 months ago. They are a legit outfit but in reality they are a franchise operation. There are many trading centers around the world and each is owned by a franchisee who hosts many training classes both free and paid. Their instructors are...

...I did take their Forex class several months back. I needed that class since I was so new to currencies. It was a good overview and got me to a position where I understood terms and concepts pretty well and got v comfortable with a platform. What was weird is the diversity of attendees. I...

I am in the same boat Ving. In fact I too have been researching his supply-demand methods these past few weeks and have noticed a few things. First, it seems rather subjective his area's of pent-up demand, that he draws and then says, look at that, an objective demand zone. I dont see it...

Never took the XLT but I met Sam about 2 weeks ago at a seminar. He is quite good. You can get lots of his material on his website and if you sign up. XLT is very expensive, I think. I heard $6K per month and it's just a webex+audio to his screen for some set amount of hours per week (maybe...

Hi Guys (and gals): This is my first post and I come to you tonite with a question. Yes, I did a search and after 4 pages of scanning, decided to just say hi and ask my question. I am looking for a platform/system that can do trade order automation on a basket of futures, about 20 in total...