Recent content by LongandWrong

Hi, I've got the CISI Level 4 FSA Regulations and Professional Integrity exam coming up, but only have textbooks, not any logins to do practive exams. Please can anyone forward any unused logins from 7city or bpp or else to help me? A donation to a charity or you would be forthcoming! Many...

lol. just cos ur paranoid doesn't mean they ain't out to get you...... :lol:

Most arcades don't offer any salary for the training period. If ur serious about getting into the industry this way I think you'll find this offer is not the norm. You may even find that the initial contract that they offer may seek to recoup some of this initial cost to them in the form of...

If you are in acedmia, everything you will learn will point to FA as being the yellow-brick road to financial utopia. Plenty of very clever people utilise this learning in professional life and do very well from it. However, from my experience a conflict can arise, compared to those who have...

This thread appears to be taking on a bit of a schizophrenic feel.... Roses are red, Violets are blue, I'm long the Dow from 3 days ago, And so am I. Wahoo! Everyone has won, and all must have prizes. Who are we, btw?

:lol: Funniest thing I've read in a while. Regardless of where the Dow is going (FWIW I'm short) if you strictly followed the approach, above, I can guarantee you will blow your account. Good luck with it...

This, to me, is the key. I reckon you just need to follow the percentage numbers in terms of p/l and let your equity graph show you the 'bigger picture.' However, recently on a contrary level, I suffered my biggest ever loss when my a/c equity was at its highest ever level. Things went so much...

Hi nt, A couple of my thoughts: - Were commissions/slippage/spread (esp. if ur s-betting) correctly applied in your testing, and do your current entry/exit prices mirror those your backtesting would've given you? (FWIW, in Feb, my SB account remained flat after about 100 trades, whilst I'd...

Tubbs, Some places offer a sliding fee to help new traders, £500 in the first month, then £1000, then £1500 per month. But be under no illusions, on day 1 of trading live, your account will be debited by this amount. However, what isn't often taught to new traders is how to do with this...

Every 3rd Friday UK stocks go into an auction session at 10:10 (like they do at 16:30 everyday) to determine option settlement values. The market goes crossed (bids are higher than offers) and everything looks a bit screwy. Same thing happened on CMC....

ROFLMAO!!!! :lol: :lol:

HA HA! Roses are red, Violets are blue, I'm schizophrenic, And so am I.....

Tubbs, if i were you i wouldn't be afraid to apply for trading or trading-related jobs with a masters in engineering. It's implied knowledge has always been looked on favourably in the city, and probably more so now that trading desks are increasingly seeking those with quant skills. Good luck...

i'm eyeing a 18:30 head fake in the futures up to 10350 then the 19:00 move south south south..... obviously now that i've said that......... :lol:

Senyor, to my mind you've got this the wrong way round. Break-out strategies often exhibit a low win ratio, so you'd need to have tight stops and a greater profit target. I believe the maxim "cutting your losses and letting your winners run" is particularly relevant to this trading style...