Recent content by leonarda

The answer is it is not a zero sum game, but unfortunately the advantage is small. Most people don't realize how small their edge is and so way over leverage and lose it all... If you understand the human psychi of greed and fear, you can play against it, but still be prepared to lose as that is...

Just caught up with this thread... Yes agree, people do seem to take things seriously here! I was only being a bit flippent! And i do know what a guassian distribution is...

When you start out in this game you think you understand, but it ain't that easy... and IG didn't care which way the market was going to go, they would be "hedged" neutral, balancing their net long & short clients, and just skimming the transaction spread. If they had some insight, they would...

Yes, and it's with IGIndex! but proofs not my point, it's the daft strategies like the other IG thread and his 9pp bet on £258 and margin call... Idiots!

I'd just like to say thank you to all those amateur "short it cos it's got to go down..." traders for providing the liquidity to my profitable long positions, Cheers! :-)

think-it-thru, I know your pain, unfortunately I find these statements to be true: 1) Going with a stock where a trend has been confirmed generally more often than not means the trend will reverse. 2) Identifying the trend is not straight forward, as 1hr, 4hr, 1day, 1week, 1month time frames...

I would say this statement is true most of the time, just look at how many traders back test a system that works well in the past only to lose going forward... Or the number of successful traders who then turn in multi-year losing periods...

So in summary, there's never a free lunch ! :D

I suggest you read up about VIX futures that you are trading as you can't trade spot VIX, they have a high decay rate, so your position you're holding now will decay.

200% in a year, slacker! I've done 200% in 2 days thank you! Last week I had £50 in my account, now I have £150 !

When i realized: 1. Not to expect to make huge returns 2. I am trading against all those other traders out there and i have to beat and outwit as many of you as i can! To achieve that i must continually learn and adapt, and is the reason i believe all non-adapting or learning systems will fail...

Where have all those entertaining double your money in a week threads gone? I really miss the fun reading and opinion jostling...

Hi isa, I've read Stan's book numerous times now, and must admit it is brilliant. Over the last year or so I have been fiddling with shorter timeframes, but have come to the conclusion that my attempts boil down to "account death by a 1000 cuts!" So I am now following a more faithful Stan...

I must say looking at the charts and given some positive wind from some Euro positiveness, I would put a high probability of the dow heading to 11800 (150SMA) then pulling back to say 11400ish, then heading for 12K. but equally some bad Euro news and we'll have a 500pt drop back down to 11k and...

I must say over the last few weeks you have made some really good calls, and I was thinking you're good at reading this market. However, I have now lost that faith, as I don't see responsible trading as a method where you have no risk management. On 3, you're correct it has nothing to do with...