Search found 203 matches

by rhc
Mon Jan 16, 2012 9:07 pm
Forum: Testing and Simulation
Topic: Newbie asks: How to trade futures with only $100K?
Replies: 48
Views: 16664

I remember once buying some shares in a Gold mining company called Sons of Gwalia. I thought I was getting exposure to the price of gold. sons of Gwalia - brings back memories - you bought dodgy management and a short gold book. Ah yes, that great Aussie 'could-a-been', the Sons of Gwalia Gold Mini...
by rhc
Mon Jan 16, 2012 8:58 pm
Forum: Testing and Simulation
Topic: Newbie asks: How to trade futures with only $100K?
Replies: 48
Views: 16664

. . . Perhaps I should look to see if IB offers a One-Triggers-Another (OTA) order. In that way I could trigger an order to buy/sell an ETF when the associated futures reaches a specfic stop price. All critiques welcome. I believe IB does have such an order. It’s called a “Conditional Orderâ€
by rhc
Sun Jan 15, 2012 11:39 pm
Forum: Testing and Simulation
Topic: Newbie asks: How to trade futures with only $100K?
Replies: 48
Views: 16664

Further to the above charts;

You might notice that during early October the ETF hit its lows.
Not so for the Futures, the lows were hit in August.
This too may have caused a 'what-should-I-do' moment for the RBOB ETF trader who bases his/her decisions on the futures.
by rhc
Sun Jan 15, 2012 11:33 pm
Forum: Testing and Simulation
Topic: Newbie asks: How to trade futures with only $100K?
Replies: 48
Views: 16664

When trading your system on ETF’s as a proxy to Futures you might, at some stage, be required to answer this question; “o.k. what should I do now?, I just got filled on my ETF order but this order would not have been filled on the futures (it just missed!). As far as my futures system is concern...
by rhc
Thu Jan 05, 2012 8:55 am
Forum: Market Psychology
Topic: Is now the time to take a trading holiday?
Replies: 12
Views: 6424

Very sensible commentary re: Brokerage Risk from speculative-investor.com Brokerage risk in the wake of MF Global After MF Global (MFG), a US-based futures broker, went bankrupt late last year, it was discovered that a sizeable chunk of its customers' assets were missing. Although it has been widely...
by rhc
Tue Jan 03, 2012 9:20 pm
Forum: Market Psychology
Topic: Is now the time to take a trading holiday?
Replies: 12
Views: 6424

There seems to be some confusion associated with this post.
This post has absolutely nothing to do with whether markets will or will not trend in 2012,
or whether 2011 was a bad year for trend followers,
or whether “Trend following can helpâ€
by rhc
Thu Dec 29, 2011 10:41 pm
Forum: Market Psychology
Topic: Is now the time to take a trading holiday?
Replies: 12
Views: 6424

Good advice!
. . . and to complete my midlife crisis I could grow a pony tail and find myself an 18 year old blonde busty girlfriend. 8)

Ahhh, La dolce vita
by rhc
Thu Dec 29, 2011 4:26 pm
Forum: Market Psychology
Topic: Is now the time to take a trading holiday?
Replies: 12
Views: 6424

Re: Is now the time to take a trading holiday?

stopsareforwimps wrote:You might consider taking your desire not to trade to Tribe.
You might consider reading Luke 4:23
by rhc
Wed Dec 28, 2011 11:42 pm
Forum: Market Psychology
Topic: Is now the time to take a trading holiday?
Replies: 12
Views: 6424

Is now the time to take a trading holiday?

Over at the MF Global thread on page 37, we have reference to this article; http://www.zerohedge.com/news/guest-post-run-global-banking-system-how-close-are-we This, to my mind, is essential reading for anyone with any money in any trading account. It is a disturbing read. Definitely for Adults Only...
by rhc
Fri Dec 23, 2011 11:14 pm
Forum: Trend Indicators and Signals
Topic: Performance of various managed futures strategies in 2011
Replies: 2
Views: 2969

Yes indeed!, a very dirty year for trend followers. (in general) From the website of fellow forum member ‘Jez liberty’ we see that, on average , trend followers are DOWN 7.38% to end of November 2011. Quite a lot of ‘Red’ and not much ‘Black’ shown in the performance table. http://www.au...
by rhc
Fri Dec 23, 2011 2:05 am
Forum: Trader Psychology
Topic: Instrument Choice for Year Ahead
Replies: 5
Views: 5059

If you remove the most profitable 2011 instruments from your 2012 trading you are making a forecast that those 2011 winners will be 2012 duds and this forecast then, perhaps, flies in the face of your motto; [quote]“forecasting markets is as futile as forecasting the weather. Personally I gurantee...
by rhc
Tue Dec 13, 2011 6:32 am
Forum: Trader Psychology
Topic: Performance Enhancing Trading Drugs
Replies: 22
Views: 12122

Chris67 wrote:prozac - cant eat , cant sleep , cant pee, cant s%$£t , cant get an erection !!!!
These side effects are remarkably similar to a new drug called "Corzine". :wink:
by rhc
Tue Dec 13, 2011 6:28 am
Forum: Trader Psychology
Topic: Performance Enhancing Trading Drugs
Replies: 22
Views: 12122

There are often times when I believe my judgement may be clouded by my moods, my body chemicals. There are times when I believe I may be adversely affected by external events which, in more buoyant moments, I would be oblivious to. On an intellectual basis I am usually very well aware of what is go...
by rhc
Tue Dec 13, 2011 5:13 am
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Moto, couldn't seem to get that link to work.
Tried this instead
http://individuals.interactivebrokers.c ... bgStrength

It's a reassuring read that's for sure
by rhc
Sun Dec 11, 2011 7:33 pm
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Re: Interactive Brokers & Re-hypothecation

rhc wrote:When/If that official denial comes then we can turn up the Panic dial one or two notches
Chuck, thanks for the 'heads-up' . . . . 'Panic dial' has been turned up one full notch.
by rhc
Sun Dec 11, 2011 7:29 am
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Moto moto wrote: I miss those lazy lunches in summer time of Oz. :)
Yeh, it's a dirty job . . . but someones gotta do it!

Thanks for the food for thought re: options. Much appreciated.
Cheers,
by rhc
Sun Dec 11, 2011 2:08 am
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Just back from a relaxing Sunday brunch with a couple of friends. . . . nice Pecan pie that! The topic of MF Global, Lehman Bros, Bear Stearns & dodgy brokers in general came up. w.r.t. a concern regarding Interactive Brokers, one friend suggested taking out an ‘Insurance policy’ on a default by...
by rhc
Sat Dec 10, 2011 7:27 am
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Wow!, reading that item 4 in the IB clearing Agreement has given me a sore head. *rubs right temple* Further on this item 4 & on Hypothecation and Re-Hypothecation in general, from; http://www.321gold.com/editorials/moriarty/moriarty121011.html If you open an account with a commodities broker or eve...
by rhc
Sat Dec 10, 2011 5:52 am
Forum: Brokers
Topic: Interactive Brokers & Re-hypothecation
Replies: 19
Views: 19213

Interactive Brokers & Re-hypothecation

From page 35 of the the “MF Globalâ€
by rhc
Sat Dec 03, 2011 2:29 am
Forum: Forex
Topic: How to know which countries are printing money?
Replies: 12
Views: 4262

printing money is referring to M1, M2, M3 for following different countries. AUD, EURO, GBP, CAN, JPY, Swiss, USD Does anyone have any suggestions? Thanks everyone very much for any suggestions o.k. that narrows it down. (Your original question was very vague.) Now that we know exactly what you are...