Obama gets a lot of support from labor unions. If manufacturing goes overseas, there aren't a lot of unions left. Thus he pushes for a stronger Yuan in hopes of boosting US manufacturing.

What does it mean by Stronger Yuan?

A strong Yuan means that Chinese goods are more expensive in terms of dollars. That means that competitive nations' goods will be relatively cheaper, and manufacturing for those producers might improve if the trend continues. In theory, it's good ...

What does it mean by Stronger Yuan?

Basically, yes. A strong Yuan would mean the Yuan, relative to whatever other currency it's compared to, is stronger (goes up). Sometimes it's compared to several currencies.

What does it mean by Stronger Yuan?

I posted an answer, then realized... I don't want to take this thread off-topic like that. It's lame. If you want the answers to this, msg me.

What do you think is the best (fastest) way to learn PA?

Laff, post once, get subscribed. Anyway... Reading books is fine, but you won't learn how to trade from books. You can learn new concepts, but no book is ever going to make you a better trader. Forum threads are the same way. They can teach you new ...

What do you think is the best (fastest) way to learn PA?

The best, fastest way to learn is to put money in the game and lose it. Nothing will motivate you faster...

What do you think is the best (fastest) way to learn PA?

Anyone can enter a trade. Takes real skill to be able to enter when the exits are likely to be favorable, and even more skill to find exits that are favorable. If you use an exit signal, how can you be sure it's always correct? If it's like an ...

On the topic of BS in trading forums...

I wouldn't it "grade school math." Tell me whether you consider this basic math: url It's more like 11th or 12th grade "pre-calculus" than grade school. There are some fund managers that consider 2% to be too aggressive. They do not follow MM ...

Whats is the maximum leverage you use?

Fair enough. People should be more aware of the underlying issues of money management, rather than just dogmatically following the 2% approach.

Whats is the maximum leverage you use?

Well, sortof. It was extended to the world of investments by several people, not the least of whom is Edward Thorp. A lot of people have worked with it knowing that the probabilities can vary.

Whats is the maximum leverage you use?

The problem, as I see it, is variance. At any point in time, you don't know whether the next trade will tend to the mean or away from the mean. For any given series of trades, you could have any sub-set of trades against you. Given enough time, the ...

Whats is the maximum leverage you use?

There is no strongest way. You can find an edge in any of those. I like momentum and counter-trend trading, personally, but I've been known to dabble in others.

100% profitable method - tight SL, and large TP

Before this gets flooded... Kelly betting isn't the same as a Martingale. It's a position sizing equation, that's all. Most Kelly advocates, however, acknowledge the need for fractional Kelly sizes. The reason is simple: In many cases it advocates a ...

Whats is the maximum leverage you use?

Doesn't disguise the logic. Given X parameters and Y average options per parameter, there exist only X*Y possible outcomes. Which is why it's useful to hire someone full time, and pay them accordingly. If they're under a work for hire agreement, ...

On the topic of BS in trading forums...

Interesting link. Ran into something the other day, reminds me of that a little. I'll attach it. It's not entirely surprising that an EWMA would fair worse than a simple ATR tho. ATR just averages range over a time period, the EWMA would put more ...

On the topic of BS in trading forums...

Legal reasons. Someone in the third world cannot be held to a contract like an NDA. Someone in the US can be.

On the topic of BS in trading forums...

Nod. Black-Scholes has a few problems tho. Modeling this kind of stuff is not an easy task.

On the topic of BS in trading forums...

Microstructure is fine, but as a retail trader we're outside of that perspective. Traders definately think about time, just look at how the markets behave around index openings. I'm not suggesting time cycles or gann or anything voodoo like that. ...

On the topic of BS in trading forums...

Nod. I've been wondering how best to handle scaling out with an edge. It occurred to me that in a faster moving market, it makes more sense to scale out on higher pip amounts. Kindof like scaling out on an efficiency ratio thing. After working on it ...

On the topic of BS in trading forums...

Bah @ the negativity here. Too much emotionalism. I'd love to discuss the nature of stacking edges, how to measure edges, and how to determine optimal exit strategies. @hanover - Have you considered a fixed exit strategy, rather than a variable ...

On the topic of BS in trading forums...