I've seen inverse spreads (ie: bid lower than ask) occasionally pop up in US stocks, but usually it's only a few cents for one or two seconds... never seen anything that large. As for commodities and options, I've never seen inverse spreads... the ...

Linuxtroll Simple Scalping

If you think of lot size as in $$$ value, it's only going to make you more nervous (especially when you get up to $100/$200 per pip). Instead, rework your thinking on lots in %%% value. The amount of %age you gain or lose per pip should remain ...

Linuxtroll Simple Scalping

It depends on your risk tolerance... actually, 2% is pretty typical in futures/forex speculation. Some people who are more aggressive like to use 3% max risk... and the highest recommended risk I've heard is 5%, as this is the point where the ...

Linuxtroll Simple Scalping

I read an article a year or two ago that said that because of rising costs in metals (not just copper, gold and silver), that it now costs over 1 cent to produce a US penny (even zinc has gotten expensive) and over 5 cents to produce a US nickel. ...

US Coinage Intrinsic (Melt) Value

The major pairs still make some good movements between 9:00-11:00 because both Europe and the US are open during that time. I like to trade from 7:00 to around 11:00, and take a half hour break around 8:30 if there's a news announcement. Really, 3.5 ...

Linuxtroll Simple Scalping

Yeah... I've been contemplating linux for a while, and Vista is what finally "pushed me off the cliff". The last MS operating system I'll ever get is WinXP. Right now I'm running a dual boot WinXP/Ubuntu. IMO, Ubuntu / Mint (thanks lt!) is the best ...

Linuxtroll Simple Scalping

Yes, making the analogy between clothes and indicators puts things into perspective (see my sig) . BTW, even though the rainbow is technically 20 some-odd MAs, I consider it one indicator... just a nice looking one. Think of a couple of MAs as a ...

Linuxtroll Simple Scalping

Haven't heard of Mint. I've heard of OpenSUSE and Red Hat, and decided to go with Ubuntu because it was easiest to "work out of the box"... which it was until I had the wireless card issue. I also have Puppy on a USB thumb drive for a stripped down ...

Linuxtroll Simple Scalping

Actually, it's more like 221% per year* on the account compounded, or just over 10% per month** compounded. I think I commented on this when it was posted several months ago, that a lot of newbies in both Forex and futures think they have to shoot ...

The man who increased 1.6 million yen to 18 bln yen in 8 years

That's a pretty awesome tool... I D/L'ed it yesterday, and setting up longer term charts "in the background" of the main charts. I like getting a "bigger picture", but don't want to waste space or switch time frames periodically. Another good ...

Linuxtroll Simple Scalping

I think with some sleight of hand with funds, you can actually get up to 1:4 on stock leverage, and futures leverage is much more than 1:2... it's typically somewhere between 1:10 and 1:50, depending on the commodity and broker you're dealing with. ...

do hedge funds trade leveraged forex?

They've been switching some of their USD assets into EUR assets, but that doesn't mean they converted all of it. The big deal with China is they used to peg their currency (CNY) to the USD. Since the USD is weak, they're able to flood the global ...

China's new Investment Company

EFX's Navigator was only programmed for Windows, so I'm guessing it will only work in Windows. Their Forex Pro is simply an add-on for Navigator, so that'll only work in Windows as well. As for ECNs and Linux, Interactive Brokers and Dukascopy have ...

Linux and ECNs

For one thing, you shouldn't confuse stop losses with exits. Stop losses are supposed to be there in case something disastrous does happen (news shaking up the market, disconnect with broker, dog crapped on the carpet, etc.), there is an absolute ...

Linuxtroll Simple Scalping

Considering that the largest e-currency, e-gold was shut down by the Secret Service and FBI this past summer, I wouldn't even touch anything dealing with e-currencies with a ten foot pole. The reason why e-gold was shut down was because the US govt ...

How much money do you put with your Broker?

I never had a problem with Oanda's charts except when I leave them on overnight (I don't bother trading GB/EU sessions) and it locks up about half the time. I'm running Firefox 2.0.0.7 on a 2.1Ghz Dual-Core AMD64 with 2 GB of RAM.

Linuxtroll Simple Scalping

I remember someone saying on a forum (maybe this one) that they could come up with the perfect strategy if they just rewrote the code of their trading platform so that it puts in a buy order if you click the "SELL" button, and a sell order if you ...

Linuxtroll Simple Scalping

1) ALWAYS enter on a market order. Not only does it fill you instantly, but in order for a limit order to be executed, the market has to move DOWN to your price when you want to go LONG (and vise-a-versa). As for exiting, it depends on your business ...

Linuxtroll Simple Scalping

There were some stock and futures traders that would do that back in the old days, but not plotted on a chart... I think it's called "reading the tape".

Linuxtroll Simple Scalping

Exactly. The 50 & 200 MAs might have originally been developed for stocks, but both the institutional traders and independent traders decided to use them in commodities and FOREX. This is also what happened with pivot points. Pivot points were ...

Sick of all the MA crossover systems