Jun
30
David S Adams wrote:
A week of so ago I wrote a brief article about leverage and how emini contracts are highly leveraged relative to their individual stock counterparts. I recieved a number of emails to further expound on this because it is a very important concept to understand.
As an emini scalper, I do not hold any emini contract positions overnight. The reason is simple, I do not want to participate in a volatile move to the upside or downside while I sleep, especially if I am on the wrong side of that move. It only makes sense. I also trade exclusively by watching charts and chart indicators, so my sleeping hours do not allow me to to do this. In short, I am just more comfortable scalping the emini than trying to swing trade the contract.
The leverage on an emini contract goes something like this for daytraders: (We’ll use the ES contract as an example)
Each point on the ES contract (the S and P emini) is worth 50 dollars, and lets say the ES emini contract is trading at 900. The math is fairly simple.
900 x $50= $45000
So, in actuality, you are controlling 45K worth of contracts when you daytrade. How much will the average futures brokerage house ask you to post as margin on a single contract? Usually about $500, but some have recently raised their daytrading margins considerably higher because of the volatile nature of the market of late. But there are still plenty of brokerages at the $500 dollar level. As you may have surmised, this is a fantastic level of leverage and create extraordinary profits on a good move in the market. But it is a two edged sword…it can also create tremendous losses on a good move in the market against the positive you are holding.
Obviously, a good technique for employing stops is needed and I have recently written one that fully explains my position on this topic.
Think about what leverage has done for you with your home. If you buy a home for $250,000 and you put 10% down ($25,000), you will double your money if your home simply goes up 10%. You’ll triple your money if it goes up by $50,000. This is the magic of leverage.
But as you know, this same leverage can bite you. If your home depreciates by 10%, you have lost all the capital you have placed in it. This is why protective stops and correct positions are essential, especially when leverage is in place. But when correctly used, the leverage in the E-mini markets allows your capital to rapidly accumulate at a far greater pace than the leverage offered to you in stocks.
The same principle holds true for trading emini contracts, remember it’s a double edge sword and you need to wield that sword judiciously.
Get Good Credit
A week of so ago I wrote a brief article about leverage and how emini contracts are highly leveraged relative to their individual stock counterparts. I recieved a number of emails to further expound on this because it is a very important concept to understand.
As an emini scalper, I do not hold any emini contract positions overnight. The reason is simple, I do not want to participate in a volatile move to the upside or downside while I sleep, especially if I am on the wrong side of that move. It only makes sense. I also trade exclusively by watching charts and chart indicators, so my sleeping hours do not allow me to to do this. In short, I am just more comfortable scalping the emini than trying to swing trade the contract.
The leverage on an emini contract goes something like this for daytraders: (We’ll use the ES contract as an example)
Each point on the ES contract (the S and P emini) is worth 50 dollars, and lets say the ES emini contract is trading at 900. The math is fairly simple.
900 x $50= $45000
So, in actuality, you are controlling 45K worth of contracts when you daytrade. How much will the average futures brokerage house ask you to post as margin on a single contract? Usually about $500, but some have recently raised their daytrading margins considerably higher because of the volatile nature of the market of late. But there are still plenty of brokerages at the $500 dollar level. As you may have surmised, this is a fantastic level of leverage and create extraordinary profits on a good move in the market. But it is a two edged sword…it can also create tremendous losses on a good move in the market against the positive you are holding.
Obviously, a good technique for employing stops is needed and I have recently written one that fully explains my position on this topic.
Think about what leverage has done for you with your home. If you buy a home for $250,000 and you put 10% down ($25,000), you will double your money if your home simply goes up 10%. You’ll triple your money if it goes up by $50,000. This is the magic of leverage.
But as you know, this same leverage can bite you. If your home depreciates by 10%, you have lost all the capital you have placed in it. This is why protective stops and correct positions are essential, especially when leverage is in place. But when correctly used, the leverage in the E-mini markets allows your capital to rapidly accumulate at a far greater pace than the leverage offered to you in stocks.
The same principle holds true for trading emini contracts, remember it’s a double edge sword and you need to wield that sword judiciously.
Get Good Credit
Jun
30
Brian G wrote:
How much money does it take to get started trading in the forex market?
Soap Opera Soap Up
How much money does it take to get started trading in the forex market?
Soap Opera Soap Up
Jun
30
What do the tcg companies use to make their trading cards & where can i buy some?
Filed Under Card Games | 2 Comments
Dungeon Raider wrote:
i made a trading card game but i want it to be perfected instead of being made of regular paper.
Spa Resorts
i made a trading card game but i want it to be perfected instead of being made of regular paper.
Spa Resorts
Jun
30
Akaru Vendari wrote:
I’ve been working on a trading card game for years. I’m just wondering what all I’ll need to do to turn it into an online game.
How to Save Energy
I’ve been working on a trading card game for years. I’m just wondering what all I’ll need to do to turn it into an online game.
How to Save Energy
Jun
30
What type of effect do you think computer programs designed for trading had on the markets? Good or bad?
Filed Under Economics | 3 Comments
guitarman wrote:
What % of trades are done automatically on a computer now? It seems as if the stock market can’t fall completely because these computer programs keep boosting it back up. Is a market correction even possible in the day and age of computer programmed trading?
Get Mortgage
What % of trades are done automatically on a computer now? It seems as if the stock market can’t fall completely because these computer programs keep boosting it back up. Is a market correction even possible in the day and age of computer programmed trading?
Get Mortgage
Jun
26
Choosing A Stock Recommendation Service
Filed Under Finance | Leave a Comment
Neal Brown wrote:
Many investors want to find good stock picks but don’t have the time or expertise to do their own analysis. For them, a service that offers software to find the picks or that posts the picks is a good solution.
There are many online stock trading sites to choose from, but narrowing down the field may seem time consuming and overwhelming. Not every online stock trading site on this list will work for you because some are stronger in one area, while weaker in another. We give our opinion on what we feel are the best tools and systems you can use to increase your stock trading profits.
Trading in General
Trading isn’t nearly as complicated as some people make it out to be. Trading Stocks using technical analysis requires a trading plan that outlines the requirements for entering and exiting trades. If you are new to stock trading, start with low lots of shares, and avoid jumping in with orders for 1000+.
You don’t need to know all of the technical details of how you buy and sell stocks, however it is important to have a basic understanding of how the markets work. The electronic markets use vast computer networks to match buyers and sellers, rather than human brokers. You still need a broker to handle your trades. Individuals don’t have access to the electronic markets.
Stocks
Day Trading
Day Traders are in and out of stocks rapidly. At the end of the day, they do not own any stocks. Holding for dear life to stocks that usually do well can bear disastrous results when they fall. The day trading avoids this risk. The requirements for account size are much larger for day trading, so most beginners avoid this type of trading.
Trading Time Frames
Don’t fight the trend of the longer time frames, but if your trade is going against the major trend, beware that you won’t want to stay in it for too long. It is important to take losses and not let a losing trade runaway while you hope it will turn in your favor later on.
Technical Analysis
For those of you who are involved in the stock market, technical analysis can be somewhat of a mystery. The great thing about technical analysis is it can see past the lies that we tell ourselves, which are some of the worst and the most difficult to combat, and that are told by others. Having the objectivity to use technical analysis to make us money sometimes is much easier said than done. This is one reason that using a stock pick service or software makes sense.
Services
Here is a small sampling of the types of stock pick services available.
www.skilltrader.org : Daily picks in a membership area. $1 for 2 week trial then $149 per month. Track record of 3 years which shows high profits and good winning percentages.
www.netstockpicks.com : Daily picks in a membership area. $75 per month. Track record of 7 years. Trades last just 3 days.
www.daytrading.nu: Software to find stocks for day trading. $100 per month. Track record of 5 years. Shows consistent daily profit.
www.stocktrading.nu: Software for finding mostly short term picks. 4 year track record. $85 per month.
Conclusion
Online stock trading sites offer investors a wide range of tools, research and services. Read the descriptions of the trading styles for each service to understand if their performance and style is right for you.
How to Lose Weight
Many investors want to find good stock picks but don’t have the time or expertise to do their own analysis. For them, a service that offers software to find the picks or that posts the picks is a good solution.
There are many online stock trading sites to choose from, but narrowing down the field may seem time consuming and overwhelming. Not every online stock trading site on this list will work for you because some are stronger in one area, while weaker in another. We give our opinion on what we feel are the best tools and systems you can use to increase your stock trading profits.
Trading in General
Trading isn’t nearly as complicated as some people make it out to be. Trading Stocks using technical analysis requires a trading plan that outlines the requirements for entering and exiting trades. If you are new to stock trading, start with low lots of shares, and avoid jumping in with orders for 1000+.
You don’t need to know all of the technical details of how you buy and sell stocks, however it is important to have a basic understanding of how the markets work. The electronic markets use vast computer networks to match buyers and sellers, rather than human brokers. You still need a broker to handle your trades. Individuals don’t have access to the electronic markets.
Stocks
Day Trading
Day Traders are in and out of stocks rapidly. At the end of the day, they do not own any stocks. Holding for dear life to stocks that usually do well can bear disastrous results when they fall. The day trading avoids this risk. The requirements for account size are much larger for day trading, so most beginners avoid this type of trading.
Trading Time Frames
Don’t fight the trend of the longer time frames, but if your trade is going against the major trend, beware that you won’t want to stay in it for too long. It is important to take losses and not let a losing trade runaway while you hope it will turn in your favor later on.
Technical Analysis
For those of you who are involved in the stock market, technical analysis can be somewhat of a mystery. The great thing about technical analysis is it can see past the lies that we tell ourselves, which are some of the worst and the most difficult to combat, and that are told by others. Having the objectivity to use technical analysis to make us money sometimes is much easier said than done. This is one reason that using a stock pick service or software makes sense.
Services
Here is a small sampling of the types of stock pick services available.
www.skilltrader.org : Daily picks in a membership area. $1 for 2 week trial then $149 per month. Track record of 3 years which shows high profits and good winning percentages.
www.netstockpicks.com : Daily picks in a membership area. $75 per month. Track record of 7 years. Trades last just 3 days.
www.daytrading.nu: Software to find stocks for day trading. $100 per month. Track record of 5 years. Shows consistent daily profit.
www.stocktrading.nu: Software for finding mostly short term picks. 4 year track record. $85 per month.
Conclusion
Online stock trading sites offer investors a wide range of tools, research and services. Read the descriptions of the trading styles for each service to understand if their performance and style is right for you.
How to Lose Weight
Jun
19
papayasmin wrote:
Trading stock promise us high return and high risk. Do you think trading stock can make me rich? And what the key of success?
Online Dating
Trading stock promise us high return and high risk. Do you think trading stock can make me rich? And what the key of success?
Online Dating
Jun
18
Daytrading really make money?
Filed Under Investing | 8 Comments
Jun
15
Daytrading - Is it for suckers?
Filed Under Investing | 3 Comments
NienawidzePolakow wrote:
I’ve been daytrading for several years. I made money and have lost, but overall, I am really ahead by a very thin margin. The one thing which has always gotten me into trouble daytrading is greed. No matter what you know or what you think you know, when it is going in your favor, you **** to get out. It turns around and you begin to lose and you say to yourself, Well, when it gets back to where it was at its peak, then I’ll close, but otherwise, Let It Ride!” You lose all you gained and then some. Then you **** yourself. The other side is when you are losing and refuse to accept the loss. This is the worst..waiting for the turn-around which never comes. So what works for me? Scalping. I take little bites. $60, $70. $150 and so on 2 trades per day only and I clear about $750 to $800 a week trading with only 100 shares of whatever price. It works, and I lost $35.00 once out of the last 15 trades. I’m not a big timer, but I’m self employed. Daytrading is my job and I’m am free.
I’ve been daytrading for several years. I made money and have lost, but overall, I am really ahead by a very thin margin. The one thing which has always gotten me into trouble daytrading is greed. No matter what you know or what you think you know, when it is going in your favor, you **** to get out. It turns around and you begin to lose and you say to yourself, Well, when it gets back to where it was at its peak, then I’ll close, but otherwise, Let It Ride!” You lose all you gained and then some. Then you **** yourself. The other side is when you are losing and refuse to accept the loss. This is the worst..waiting for the turn-around which never comes. So what works for me? Scalping. I take little bites. $60, $70. $150 and so on 2 trades per day only and I clear about $750 to $800 a week trading with only 100 shares of whatever price. It works, and I lost $35.00 once out of the last 15 trades. I’m not a big timer, but I’m self employed. Daytrading is my job and I’m am free.
Jun
7
Marketclub Review
Filed Under Investing | Leave a Comment
Steve Hoven wrote:
Marketclub Review
I wanted to review the product Marketclub. Marketclub is a trading product by ino. The product has been out for many years and people I have talked to have seemed to have decent success. But I wanted to find out for myself.
Marketclub uses a trade triangle techology which is basically green up arrows for buy signals and red down arrows for sell signals. Which does take the guess work out of the trading.
Marketclub can be used on many markets including Stocks, Futures, and Forex. I personally did my review on the forex part which I will get to in a minute.
Marketclub has a great deal of resources in there backoffice that traders can be part of. With over 20 different audios from top traders and education on stops, money management etc.. The education part of marketclub is truly top notch.
Now the important aspect does the trading system itself work? As I said I did the research based on the forex part of there system. Where they use the weekly charts for the trend of the markets (entrys) and the daily charts for exits and reentrys.
My research was for the month of October 2008 and strictly covered 3 currency pairs. The EUR/USD, USD/YEN and USD/CAD. My results were extremely impressive. My research was strictly based on trades that were entered and exited during the month of October. So their was NO overlap with other trading months.
The results………….. For those 3 pairs their were a total of 7 trades and total profits after losses totaled just over 2150 pips!! Yes, I was extremely impressed with the results.
Let me say that this is a swing trading system. This is NOT a daytrading system. But an interesting thing I found out about marketclub is when they lose they tend to lose really quickly. And when they win the trade tends to last at least a week. In my research we had a couple of trades that were losers and they lost within the first 4 days. However each winner last at LEAST a week and some of the bigger wins lasted 2 weeks.
They have a saying at marketclub “You will never miss a MAJOR move in the markets” and I personally think that is very true after seeing what they can do.
My overall impression with Marketclub is very good. I would recommend marketclub to anyone looking to swing trade the markets. They do offer a risk free 30 day trial as well. And at just over $1 per day Marketclub is very affordable.
Check out Marketclub at http://www.TradeLikeThis.com
Online Dating
Marketclub Review
I wanted to review the product Marketclub. Marketclub is a trading product by ino. The product has been out for many years and people I have talked to have seemed to have decent success. But I wanted to find out for myself.
Marketclub uses a trade triangle techology which is basically green up arrows for buy signals and red down arrows for sell signals. Which does take the guess work out of the trading.
Marketclub can be used on many markets including Stocks, Futures, and Forex. I personally did my review on the forex part which I will get to in a minute.
Marketclub has a great deal of resources in there backoffice that traders can be part of. With over 20 different audios from top traders and education on stops, money management etc.. The education part of marketclub is truly top notch.
Now the important aspect does the trading system itself work? As I said I did the research based on the forex part of there system. Where they use the weekly charts for the trend of the markets (entrys) and the daily charts for exits and reentrys.
My research was for the month of October 2008 and strictly covered 3 currency pairs. The EUR/USD, USD/YEN and USD/CAD. My results were extremely impressive. My research was strictly based on trades that were entered and exited during the month of October. So their was NO overlap with other trading months.
The results………….. For those 3 pairs their were a total of 7 trades and total profits after losses totaled just over 2150 pips!! Yes, I was extremely impressed with the results.
Let me say that this is a swing trading system. This is NOT a daytrading system. But an interesting thing I found out about marketclub is when they lose they tend to lose really quickly. And when they win the trade tends to last at least a week. In my research we had a couple of trades that were losers and they lost within the first 4 days. However each winner last at LEAST a week and some of the bigger wins lasted 2 weeks.
They have a saying at marketclub “You will never miss a MAJOR move in the markets” and I personally think that is very true after seeing what they can do.
My overall impression with Marketclub is very good. I would recommend marketclub to anyone looking to swing trade the markets. They do offer a risk free 30 day trial as well. And at just over $1 per day Marketclub is very affordable.
Check out Marketclub at http://www.TradeLikeThis.com
Online Dating