Recent content by Trader J

Can anybody explain to me why one would work for a company if you are consistently profitable with trading? What benefits does it give if one is already free? The other thing I don't understand is the necessity of qualifications. One does not need a degree in "finance" to be a successful trader.

Rathcoole_Exile, if there is any other information you need to be able to place your bets, let me know. Our virtual starting account is $10.000. Price move is $10 per point e.g from 6100 to 6101 gives a profit of $10. If you don't want to, there is no need to mention it here, but write down...

Okay Rathcoole_Exile, another chance to place your bets. The last Bar open is 5.436, High is 5.538, Low is 53.78, Close is 5.436 The red line is a 18 bar simple MVA. The green lines the highest High and the lowest Low of the last 12 days. Commit yourself in Entry Price, Stop Loss, number of lots...

The chart you were looking at was from Sugar. Attached is the end result. It would have been a nice learning experience. Have a look at the chart and and see what you learn. Ask yourself why you were not in that trade and what you can learn from it? What would have been your Entry? When? What...

I am surprised that none of the visitors want to play this game. More than 80% of the traders don't make money. Are you still looking for the Holy Grail? There is none. Stop looking for answers outside yourself. Look inward. You are in the position you are at because of the behavior patterns you...

In Trade Navigator ADX(14,0).1 means 1 day ago. In other words the ADX (14 bar) from today compared to the ADX (14) from yesterday. In this case, the ADX should be rising which is an indication of a possible trend coming up. Next Bar DayofWeek <> 3 means: It should not be the 3rd day of the...

Let's play a little game. Each of you start with $ 10.000. You decide your entry, your exit and how much you want to bet. You also decide your objective, in other words how much you want to make. Below is the graph of a Commodity. The Last bars details: Open = 28.97, High = 29.45, Low = 28.57...

I posted this poll to get an impression on the issues most traders face. A lot has been written about the psychology of traders. Because it was emphasized so much I started many years ago with the psychological aspects of trading only to realize that for me it was not a problem. As soon as I...

If we subsequently select: the best performing markets - that is with higher net profit correlating markets leaving out Crude Light because of the high(er) draw down. Then the list becomes: GX AN (not TY or AF) EBI (not EBM) Bean Oil (not Soybeans) Copper (not silver) AUD (not Can $, Euro or...

Let's take only those markets that might have some kind of promising result. In other words, markets with an initial net profit of about 100% over the period 2001 - 2010. That would be: DAX, T-Notes 5 yrs, EBI, Bean Oil, Copper, T-notes 10 yrs, Eurodollar, T-notes 2 yrs, AUD, SF, EBM, Soybeans...

Hi Adamus, Here all the "summary results" if all markets would be traded. This includes the markets with a severe and unacceptable drawdown or negative net profit to start off with. These markets were not shown on the previous thumbnail. That does not make sense of course, one would select one...

We invest in three different currencies. It all started with a relative small amount which has grown over a period of 10 years. Suddenly, because of the size in USD or Euro's or South African Rand, currency fluctuations have become important enough to pay attention to. Protecting capital in...

What keeps you from being consistently profitable? Fear of loosing money? Are you afraid to loose? Fear of failure? Fear of success? Lack of funds? You (think you) don't have enough trading capital? How much, in your opinion do you need? No written trading plan. Trading is a business. Do you...

Here are the results of testing the system against a basket of Commodities - see thumbnail. This system is not optimized. One is arranged on return %, the other on net profit. Drawdown has it's own column.

Does anybody have ideas about Swaps? or Options? Or hedging? in this regard?