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Hareii commented Dec 12, 2011I am all for these agencies to reflect the true status of the debt situations rather than playing dumb. However, it is their constant repeat trumpeting of the same idea over and over again without sayng something new that is what I am taking issue. ...
S&P says euro zone may need another shock
- Hareii commented Dec 12, 2011
You realize something about this agency? When they speak, they speak continuously and will not stop speaking until they achieve what they set out to achieve, i.e. suppressing the market. Previously, it is Fitch. Now it is S&P. When will Moody's turn ...
S&P says euro zone may need another shock
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A New Walk
Started Dec 9, 2011|Trading Journals|0 replies
Trading is tough. For me, it is tough because I have yet to master the trading psychology, ...
- Hareii replied Dec 9, 2011
Creating a new thread and new trading account because the current explorer trading account hosts quite a number of historic trading records which distort the performance statistics of the current trading strategy.
Walking the walk
- Hareii commented Dec 7, 2011
Can I suggest that Sortino Ratio and Sharpe Ratio be added as other measures to rank the leaderboard. Current measure of absolute returns does not reflect the true risk-adjusted returns and does not surface the true good traders whom we can all ...
FF Blog Update: Explore charted trades
- Hareii commented Dec 5, 2011
I believe it was supposed to be made after trading hours. But FT pop the news ahead of time after gathering wind of it. The early release by FT is probably to protect itself legally from possible accusation of assisting insider trading on ...
S&P said to place all 17 euro nations on rating downgrade watch
- Hareii commented Dec 5, 2011
Too late, Mars probably taken by alien by now.
BTW, while on this topic of Mars, I have just seen this youtube video on a supposedly cloaked UFO parked near Mercury. If it has not have appropriate shielding, it would have been burnt by the Sun ...S&P To Put Europe's AAA Countries On 'Creditwatch Negative'
- Hareii commented Dec 5, 2011
DragonFire, you could be right. Nobody really know what will come out of it. I have my painful lesson in the past using averaging down strategy. I am just sharing a note of caution. Just in case you know. BTW, S&P has just confirmed the credit-watch ...
S&P To Put Europe's AAA Countries On 'Creditwatch Negative'
- Hareii commented Dec 5, 2011
Practise some money management on your averaging down. Just in case. Just ask yourself whether France economy and debt status is much more superior than US economy and debt status. BTW, US rating has already been downgraded to AA+. I don't see how ...
S&P To Put Europe's AAA Countries On 'Creditwatch Negative'
- Hareii commented Dec 5, 2011
EFSF should be a goner if S&P confirms the credit-watch negative. It goes down to ECB and IMF to play the white knight.
S&P To Put Europe's AAA Countries On 'Creditwatch Negative'
- Hareii commented Dec 5, 2011
'Creditwatch Negative' = 50% chance of a downgrade. 5 nations are issued with warning. Probably at least one of them will be downgraded going by probability. Looks like France will get the downgrade. Irregardless, yield on _all_ euro sovereign bond ...
S&P To Put Europe's AAA Countries On 'Creditwatch Negative'
- Hareii replied Dec 4, 2011
If you can make 1 pip a day on average over extended period, you will find yourself in the top 5% of successful trader, let alone 10 pips a day. Why I say so? To achieve 10 pips a day for 1 day can be easy for many traders. Try achieving an average ...
10 pips a day can make you rich quickly
- Hareii replied Dec 3, 2011
Yeah, don't worry about more screen time. Just do your regular hours. Remember to always wait for the market to come to you and not to chase after the market. If within your regular trading hours, the market don't offer good trading opportunity, ...
I made my first profitable day! And a question
- Hareii replied Dec 3, 2011
First, you have to first define what does "best" mean. "Best" to me means a system that offers at most 5% drawdown but at least 10% return per annum. "Worst" to me could means a system that experience more than 80% drawdown but can give returns of ...
What's the best system for trading range markets?
- Hareii replied Dec 3, 2011
Slightly complicated to explain. But I will try. For exchange-regulated instrument, the lowest support price and the highest resistance price formed by tick charts _will_ be the same as the lowest support price and highest resistance price formed by ...
Trading using 110 Tick and 440 tick charts
- Hareii replied Dec 3, 2011
I don't trade on tick charts simply because many forex trading platforms don't support tick chart. For OTC instrument, trade volume is not ascertain and that may explains why tick charts are not normally support on forex trading platform. Please ...
Trading using 110 Tick and 440 tick charts
- Hareii replied Dec 3, 2011
I would keep it to less than 1% to at most 2% risk per trade for short term trade. On the average, it should be around 1%. On per trade basis, whether it is on the low end or high end percentage depends on whether that trade is an outright or a ...
How Much Do You Risk Per Trade?
- Hareii replied Dec 3, 2011
I don't view 1% money management in terms of a myth or otherwise. It is difficult to establish _absolutely_ its truth, just like it is difficult to dispute the 'myth' that condom prevents STDs and pregnancy. For that 100 people that sweared on it ...
1% Money Management is a myth, fib is a myth and so on..
- Hareii replied Dec 3, 2011
My biggest mistake: Not internalizing the difference between understanding and internalizing. All that I know today on trading is what I have already understood 3 years back. There are probably not many things that I have not known 3 years back that ...
Crazy/Stupid mistakes you committed during trading
- Hareii replied Dec 3, 2011
Target Returns for 1 Dec 2011 to 31 Dec 2012: >10% Journal: Dec 2011: 1.0% 1 - 2 Dec: 1.0% 5 - 9 Dec: 12 - 16 Dec: 19 - 23 Dec: 26 - 30 Dec: Cummulative Total: 1.0% image
Walking the walk