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- smittens4212 replied May 26, 2011
I may be misreading your post, so apologies in advance but DIB is the IBH/L + IB range which also is 200% IB. If the IB high was 15, and low was 10, the IB range would be 5. Double the IB would be a range of 10, which would be added from the initial ...
Auction Market Theory and Market Profile
- smittens4212 replied May 26, 2011
Justin replied quite specifically to you. So either contact Justin or MBT support and get the issue resolved, or stop with the vague "there is a problem and it's MBT's fault and they haven't fixed it yet!" bullshit.
MB Trading Futures - Introduction
- smittens4212 replied May 17, 2011
I'm with Custos. You say you are trading a very conservative approach, let's say for example's sake you are risking 0.5% per trade buying 5 lots. Would it be crazy to double your risk (again, this is just an example-- not saying you need to actually ...
At what point would you increase your stake size?
- smittens4212 replied May 17, 2011
I guess there may be different definitions or types of overtrading, but imo 'revenge trading' (trying to quickly make up for a loss) can be a good tool for learning to accept losses for what they are and move on instead of trying to get back at the ...
Is overtrading a necessary stage?
- smittens4212 replied May 12, 2011
What does IN stand for? Thanks.
Auction Market Theory and Market Profile
- smittens4212 replied May 11, 2011
mdiz2, I don't use MT4 so I can't specifically comment on that platform, but I know that when I hit a deadzone / lose my connection briefly, there will be small gaps on Desktop Pro. Is it possible you are losing your connection intermittently and ...
MB Trading Futures - Introduction
- smittens4212 replied May 9, 2011
I think (at least with regards to the EURUSD) the high volatility we haven't seen in six or seven months combined with this being such a strong correction / reversal / whatever you want to call it is throwing off a lot of newer or younger traders. ...
MB Trading Futures - Introduction
- smittens4212 replied May 4, 2011
That looks pretty decent. You're already doing more than I do with this information. On Sundays I review the previous week's trades just based on entry + exit alone. Only trade one pair mostly, keep position size usually the same, and the times and ...
reviewing trades?
- smittens4212 replied Apr 26, 2011
Hedging costs you double margin, it does not save you anything (you have two open positions using margin instead of being flat, which is effectively the same thing as hedged). It will also cost you some swap if you hold overnight. Theoretically the ...
whats with this "hedging" thing??
- smittens4212 replied Apr 19, 2011
Without saying any of the usuals, by far the biggest obstacle to my trading is my job. I work standard business hours on the east coast (US), and I like to trade from 2AM to anywhere up to 6AM, having to get up for work at 7AM. I put on trades at ...
The obstacles to trading
- smittens4212 replied Apr 15, 2011
I trade the FO/LO to about 6AM east coast time (US), shortest trades are 5-15 minutes and looking back over the last 3 months the longest trade I held was from the open of 'my' session to the close, on the dot each way, four hours exactly.
How Long is your typical trade?
- smittens4212 replied Apr 14, 2011
been following this thread for some time, just wanted to say thanks for all the posts and resources! mzvega that's a great 'cheat sheet', always nice to have quick easy to read references at the handy

Auction Market Theory and Market Profile
- smittens4212 replied Apr 13, 2011
You don't have to be flat. You can use different lot sizes. Not trying to pick on you here, just trying to educate because this is an issue some people have trouble understanding. Here's one last example that is similar to what you are saying, and ...
MB Trading Futures - Introduction
- smittens4212 replied Apr 12, 2011
basic numbers for the sake of simplicity... (1) buy long @ 1.4 ($1 commission) (2) close long @ 1.6 ($1) (3) buy long @ 1.4 after retracement ($1) (4) close long @ 1.6 ($1) hedging (1) buy long @ 1.4 ($1) (2) sell short @ 1.6 ($1) (3) close short @ ...
MB Trading Futures - Introduction
- smittens4212 replied Apr 12, 2011
Unfortunately I've seen this debate play out too many times here in the past two years-- hedgers are pretty stubborn about this issue, and no matter how many times you explain that anything that is done with hedging can be done the exact same way by ...
MB Trading Futures - Introduction
- smittens4212 replied Apr 8, 2011
My response was more a general post re: working with your broker to figure out if there (a) is a legitimate problem and (b) how to get it fixed. I'm glad you've messaged MBT to figure out what the problem is, that is exactly how it should be ...
MB Trading Futures - Introduction
- smittens4212 replied Apr 7, 2011
I'm not talking about rollover, which is an obvious issue that no one is disputing is there and should be reduced as much as possible, more talking about these phantom one minute + executions, crazy slippage, etc. that people complain about but ...
MB Trading Futures - Introduction
- smittens4212 replied Apr 7, 2011
Past market behavior does not necessarily dictate future market behavior, but it does provide insight into where, when, and how market activity/transactions took place, which in turn certainly can and does impact future market behavior.
The nature of the market
- smittens4212 replied Apr 7, 2011
I'm not disputing there's a problem, but when you've got a number of traders who have not experienced the problem to the extent you say you have, over the course of hundreds or thousands of trades, it's difficult to just accept that there is in fact ...
MB Trading Futures - Introduction