- Search Energy EXCH
- skillz16 replied Oct 18, 2016
Wait, I'm pretty sure someone also said this above but: couldn't you just make sure to always have 300% reserve or some large percentage available of whatever you commit? IE 1.) I'm committing $500 to trade with, I have $1500 in store in an interest ...
Black Swan - Are you prepared?
- skillz16 commented Sep 2, 2016
EURUSD was anticipating rising off the "bottom" that it made yesterday, 9/1. I called it before this release... =D *Same unemployment rate (or slightly down) *Bad jobs number *Dollar will weaken and EURUSD will keep rising. They can now/ will now ...
Will Non-farm Payrolls trigger a September rate hike?
- skillz16 replied Jun 23, 2016
Are your odds better than 50% win, 50% loss? With this setup, you will need to prove that. With spread and commission, I would guess you will need to be correct at least 55% of the time to see good money but that is really "off the top of my head" ...
Let's Make 20pips - Simple System
- skillz16 replied Jun 23, 2016
Yeah, exactly. This is the perfect point to make here! Or, be sure that you have about 300% of your account aside as reserve for negative balance event here. MAYBE you can be slightly safe by having diversified into many other pairs at the same ...
A note for extreme caution in todays BREXIT vote
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Negative Balance: Is it possible to know how bad it could get?
Started May 26, 2016|Trading Discussion|18 repliesIs there a way to tell what my max possible loss could be ahead of a large event? Neither ...
- skillz16 replied May 25, 2016
I'd say one of, if not the most important thing for me has been this: Focus on the price! No indecipherable oscillators and signals based on something highly derivative. Only use something based off of price, that can be plotted on top of a price ...
What are the big Ideas in successful trading?
- skillz16 replied May 20, 2016
Watch out for the dreaded 90/90/90... 90% of retailers lose 90% of their money in 90 days. Heard that one on the Quora website. Also: in the beginning, just work on sticking to your guns and being consistent. I work on multiple systems at once so I ...
From $1000 to $50000 Journey
- skillz16 replied Jan 4, 2016
If you do not mind me asking, what percentage return a month do you usually hit on your EA's? If you do (and do not want to tell), then no worries.

What would you do with a working strategy, but need capital?
- skillz16 replied Jan 4, 2016
Also worth a look: 1.) Legally form your own LP or LLP where you do your own investment process "by the book" though with own capital. When you have a track record and a decent amount of own funds, approach a hedge fund owner and their General ...
What would you do with a working strategy, but need capital?
- skillz16 replied Jan 4, 2016
The formal structure for managing OPM that I have seen the most is this: LLC created and used as a general partner to an LP or LLP. The investors will come invest through the LP. Your salary is paid through the LLC General Partner management ...
What would you do with a working strategy, but need capital?
- skillz16 replied Jan 4, 2016
Yeah, interesting point. I actually have code that I think can come close to this. I'm most likely going to run on 1,000 and a lot less leverage and lot size though once I do it first in production so I'll most likely be hitting 5% per week or $50 ...
What would you do with a working strategy, but need capital?
- skillz16 replied Jan 4, 2016
It seems like forex scales well: IE it costs the same usually in spreads and comissions regardless of overall lot size. IE if I have a strategy that yields this while trading 9 symbols: A.) FOR $10000 invested use 0.7 Lot sizes Expect $1000 per week ...
What would you do with a working strategy, but need capital?
- skillz16 commented Nov 20, 2015
Agreed! I am a programmer, and I pretty much already have done this.
Another side note: does any one have an account where they can trade spot FX and also use foreign currency options (calls and puts?)Help! My short position got crushed, and now I owe E-Trade $106,445.56
- skillz16 commented Nov 20, 2015
Like this idea (24 hours)! I wish forex was also open on the weekends as well. On a side note: does anyone know of anything decent that can be traded on the weekends? Am I going crazy- there is nothing decent to really trade right? It still needs to ...
Help! My short position got crushed, and now I owe E-Trade $106,445.56
- skillz16 commented Nov 20, 2015
OK, so in this case it is NOT optionable.. but say that it was. Couldn't you just buy a OTM option for like $20 as gap protection and then still be able to do this pretty large in size? That way you know your ultimate loss. If I ever go short in ...
Help! My short position got crushed, and now I owe E-Trade $106,445.56
- skillz16 replied Nov 6, 2015
I'm not sure I understand: If you are using the limit version (GTLIMITEURUSD2.set.txt), isn't a big gap in the market to one way a bad thing for this system? I always turn most of mine off around now (7:30 AM here in Chicago) then turn it back on at ...
Trapping System: Grid
- skillz16 replied Nov 5, 2015
Hopefully someone can verify (I think this should be right anyway): So for the GTLIMITEURUSD2 using this settings file (GTLIMITEURUSD2.set.txt) and v1.7, you are open only from SGT 1 to 6 AM right? In central time that appears to be 11AM to 4PM; I'm ...
Trapping System: Grid
- skillz16 replied Nov 4, 2015
Is everyone here using v1.7? I noticed v1.8 has MaxProfitOrders in the settings and that is not in the settings file here: url For: GTLIMITEURUSD2.set.txt
Trapping System: Grid
- skillz16 replied Mar 31, 2015
Ok, here is my opinion. This is not a knock on you or anything that you posted so please do not be offended: I am SO SICK of academics claiming things like this. They usually always test data on a wider timeframe (daily) and they do "dumb" systems ...
Proof of Profitability
- skillz16 commented Mar 31, 2015
Mmm. Yum. Bubble! What a joke
Ramshackle San Francisco home sells for $1.2 million