As far as performance goes a potentia investor should look at at least these: >1 Sharpe ratio, the higher the better >1 Sortino ratio, the higher the better average win > average loss, both in points and as percentages of equity, I would think ...

Performance Based Rankings?

Leon, you're looking at the last sale price, not the current market price. The last sale price means there must be a trade taken place at that price. The current market price is the bid/ask. That can change without trading. When you come in Sunday ...

Averaging when already In the RED....

Oh yeah sure, happens all the time during data prints or in a "fast market".

Averaging when already In the RED....

Didn't he end up losing a lot more than he would on that trade? He wasn't "scaling in", his pos just got bigger in a ranging market to compensate the lower vol. He bought more than he wanted to carry. You guys are pretty aggressive here lol. Scale ...

Averaging when already In the RED....

Losers average losers. Well said, PTJ, well said!

Averaging when already In the RED....

200 isn't a big order. And lol no you don't always get a quick & easy fill. sometime u get filled only on half or not at all, and you'll just have to live with that.

Jacko's Forex House of Pleasure and Pain

Hi, 1) If you look at Euro dollar daily for the past 12 month, you've got only a few tradable levels. I'm on a mac and don't have access to the chart but I'll try to do my best recalling them. Let's move back a few months to summer 08. Before the ...

Jacko's Forex House of Pleasure and Pain

Hi there, You can trade with DBS Vickers Securities. It's a division of DBS bank. And in this climate, I'd rather go with an Asian bank than the "big" City boys.

Any Reliable Broker in Malaysia/Singapore

Edge is just something you are better at than other people. If you understand a company's earning potential better than other people, you've got an edge. If you know the global macro economic trend better than other people, you've got an edge. Same ...

What Is An "Edge" IN Trading?

The Chinese A share market has a similar tax on transactions. Though it's much lower, currently sitting at 0.1%, and only taxable on sales. 0.5% round trip is going to kill the day trading business. I wonder how many hedge funds are going to stay in ...

Jacko's Forex House of Pleasure and Pain

I saw that too. Indeed, who the heck wants to hold a 40yr paper. Maybe inflation won't pick up in the shorter sector, but who knows what's going to happen in 10, 30yrs with all the money they're pumping in. It would be insane to buy the 30yr paper ...

Jacko's Forex House of Pleasure and Pain

Yes, it makes absolutely no sense to buy the long bond below break even. It is trading at 3.66 now. Long term inflation is 3.5. Add taxes that works out to be 4.62. That's almost 100 basis points below break even. This is ridiculous! The 5yr auction ...

Jacko's Forex House of Pleasure and Pain

funny video — Hey Paul Krugman video this video is really funny I can't help but post it here....

Jacko's Forex House of Pleasure and Pain

Thanks Jacko! Here's another interesting article on his plan: url

Jacko's Forex House of Pleasure and Pain

I've seen RBS offering 500k and up. But normally they don't have a set minimum. If you have a 1k account and trade upwards to 10B/mo they'll let you have it.

Most liquid broker?

You won't know until you bet. but if you watch the price closely you'll get clues.

Jacko's Forex House of Pleasure and Pain

i believe its his fund, back then it was managing $130+m I believe

Jacko's Forex House of Pleasure and Pain

This is off-topic but I saw the video Trader (the one with Paul Tudor Jones) and he traded 1,100 contracts on a sunday evening, and that was in the 80s! I could not keep my jaw from dropping. I did not eat that day;P

Jacko's Forex House of Pleasure and Pain