So they advertise one thing and make you agree to another. That's lovely. That is a really good question. I think that'd be the direction to go in order to fight it. But here in the US they don't have to sue you in order to bug you with collection ...

The One Nobody Talks About

Yes, there's another thread on this too... url

Leverage in Jeopardy

Different brokers have vastly different approaches here. Small time forex brokers aren't going to chase you, and most have automatic margin calls anyway. Larger banks are going to expect that you pay it back, and will persue you if the amounts are ...

The One Nobody Talks About

Assuming you have stop losses on your trades. If so, then if it gaps that far down, it'll start looking for an exit to your trade. There's no telling exactly where you'll get filled, but then it's all a matter of liquidity. Most people that trade w/ ...

The One Nobody Talks About

Actually you can if you have remote desktop. Set it up to connect to your desktop and you can open/close trades from your mobile.

Dilemma - what to do with your free time?

Can I get an AMEN!

The reason why 95% of new traders consistantly lose money

First order series, ie: price data, always regresses to a moving average. Second order series, ie: returns, follows a normal distribution over time and has a mean. That mean may change a little over time as investment strategies do, but it's quite ...

The reason why 95% of new traders consistantly lose money

Returns always regress to the mean. Without an edge your mean is $0. The only question is how long until it happens.

The reason why 95% of new traders consistantly lose money

Sleep. Eat. Do laundry. Do chores. Read books. Listen to music. Watch TV.

Dilemma - what to do with your free time?

Yeh, that's true. You could just do (hour >= 20 OR hour <= 6) if you want to code in the hours.

Working through midnight?

I'm pretty sure you'd have to factor in the day of the week in the math if you plan to cross the 24 hour barrier. Perhaps take the day of the week and multiply it by 24. Then just specify a start time, convert to this frame, and specify a length of ...

Working through midnight?

Yes, IRA accounts can't short and can't trade w/ margin.

I need an online stock brokerage - for my IRA

I use ThinkorSwim and Etrade.

I need an online stock brokerage - for my IRA

Why not? Control lot sizes, enter appropriately, use an appropriate stop loss. You don't need anything else. Simple is good. Either you have an edge or you don't. Complex hedging strategies don't usually mitigate risk, they just increase it in some ...

How do hedges work actually?

Let say I think a stock is going to go up a lot. I might also buy some put options incase it goes down and I'm wrong. The question is whether you recoup the cost of the options. In otherwords options themselves convey no edge, you have to have a ...

How do hedges work actually?

Sure you can, just don't use 2 spot currencies. Using the same instrument to hedge itself is the easiest way to trade against yourself.

How do hedges work actually?

They don't hedge w/ the same instrument. Like an oil refinery would hedge it's oil cost by buying oil "call" options if it thought price was going up. If price didn't go up it wouldn't exercise the option, if price does go up then it does and saves ...

How do hedges work actually?

There is a difference between unskilled amateurs and a skilled professional having a bad day.

Is it dangerous to trade with debt?

Volatility regresses to the mean. Does that mean it changes? Or does it mean that normal is just a range of values? Up to you, define however you want. Depends on the kind of inefficiency you're talking about. If you trade specific indicator ...

Exactly how do "Markets Change"

Trading intra-day, which is what it sounds like... The answer is this: When a reversal pattern occurs, start thinking reversals. But then again reversal patterns lie to you in a trend day, so if you're looking at a major drive day... don't look to ...

The 24 Million Dollar Question