- Search Energy EXCH
- smittens4212 replied Apr 6, 2011
It only stands to reason that the more trades you make and smaller profits you take, commissions + slippage are going to have a larger and larger impact on your net results. Careful here... what makes you think you'd get the same or better execution ...
Impact of Commissions!
- smittens4212 replied Apr 6, 2011
Following this thread and comparing the reviews, both pro and con, to my own experience with MBT, I just can't help but feel that a lot of the problems have more to do with customer incompetance than legitimate broker side issues. Considering the ...
MB Trading Futures - Introduction
- smittens4212 replied Mar 31, 2011
I was under the impression that last year's (or was it 2009?) NFA regulation forced US brokers to abandon hedging (in one account). The workaround would be to open two accounts.
MB Trading Futures - Introduction
- smittens4212 replied Mar 29, 2011
You don't know what you're talking about. There were rumours hours before the move happened, which is exactly what fiberangel is saying; they were aware of it and waiting to jump in-- I doubt they were waiting for the actual move itself to start ...
MB Trading Futures - Introduction
- smittens4212 replied Mar 24, 2011
There's at least as many, if not more people in this thread who are here solely to bash MBT (and it's clear that a number of them are either lying or exaggerating their issues). wwwin is a predictable troll who has said he'll leave the thread ...
MB Trading Futures - Introduction
- smittens4212 replied Mar 21, 2011
I don't think it's worth the time. Not that you are trying to be a quant trader on the street or anything, but just to put some perspective on things, these jobs generally require a graduate level understanding of maths/stats, on top of programming ...
The Birth of a Quant Trader
- smittens4212 replied Mar 16, 2011
Wait, before you go (I know you are still reading this thread!), please tell me how much more money you are making than the rest of us!!!!

MB Trading Futures - Introduction
- smittens4212 replied Mar 15, 2011
Aww, it's sad to see you guys brag on the internet to random strangers. Keep your chins up, guys!
Anyways, just here to reiterate my support for MBT. Only have had one problem and support cleared it up quickly. Not a fan of the extended rollover, ...MB Trading Futures - Introduction
- smittens4212 replied Mar 14, 2011
Ian, if your parents are OK with your decision to move home and try your hand at full-time trading, then I say why not. If after two years you are not at the level you wanted to be at and you have to get a 'real' job, big deal. You are two years ...
College Grad Looking to Make as a Trader
- smittens4212 replied Mar 11, 2011
Using a larger stop would decrease the chance of getting stopped out, but obviously also increases the chances that you are hit for bigger losses. For what it's worth, my advice is that if you are routinely getting stopped out on moves where you are ...
Hiding stop and limit orders
- smittens4212 replied Mar 10, 2011
Good stuff. This is why my favorite posts in forexfactory are the ones that start off "_____ doesn't work", referring to any number of things any number of traders have used to make money off of

Goldman Sachs traders use moving averages
- smittens4212 replied Mar 9, 2011
No one is going after your orders, so hiding them is not going to do much for you.
Hiding stop and limit orders
- smittens4212 replied Mar 8, 2011
I know someone else already quoted it in this thread, but I've never heard the market explained with this analogy, and quite frankly I can't believe I haven't; it's perfect.
Game Theory in Trading
- smittens4212 replied Mar 4, 2011
I think the most difficult part is finding and acquiring the knowledge necessary to trade profitably. Books, forums, etc. are nice, but there's so much downright bad information out there, not to mention stuff that may not be 'wrong' but is ...
do you think trading is really that hard?
- smittens4212 replied Feb 8, 2011
I think you're right on. One of the biggest problem with consistently losing traders, in my opinion, is not bad trading psychology or a bad strategy, but a lack of understanding how the market moves and works. I bet you will find that a decent ...
Trading Based on Reversing Theory....Testing ON
- smittens4212 replied Feb 7, 2011
You're running 5 miles a day and only consume 1500 calories per day? That's burning something like 600 a day, taken away from the 1500 you consume, leaving you with 900 calories/day. Are you trying to lose a lot of weight? That's a pretty extreme ...
What's your way to keep fit, strong and healthy?
- smittens4212 replied Jan 13, 2011
In the end, when you look at the available evidence, the 'debate' or argument is just not really that interesting or convincing from either side. We know for a fact there exists traders who over their lifetime were profitable using solely technical ...
"You cannot make money (in the long run) from a price chart alone"
- smittens4212 replied Jul 8, 2010
You're right, I was unfairly lumping him in with the Fabers and Shiffs of the markets. Some of his (admittedly it's still in the 'short-term' for him) recent calls in the past few years have not played out well at all right now, but are likely to ...
Jim Rogers' analysis
- smittens4212 replied Jul 7, 2010
No point in following idealogues like this guy. He may very well be right, but guys like this tend to be very myopic and narrow minded; they have an idea based on some analysis, and there's no way people (re: the market) will react differently to ...
Jim Rogers' analysis
- smittens4212 replied Jun 15, 2010
I think you're confusing legitimate stop-hunting in the market with dealing desk brokers pushing prices to trigger stop orders even though the real market may never have gotten to such a price level. Putting stops in obvious places is asking to get ...
Can someone answer question about Brokers chasing stops?