Trading is not for everyone. You need courage and strength. Not all my trades are winners, but not all are losers. I like to enjoy life outside of trading because it helps to keep me fresh for my daily battles with the market. I created this website to share my trading experiences with everyone.
I used to think you had to be good at maths to be a good trader. While there is a science to trading it definitely is not rocket science. Algorithmic trading is all the rage right now with trading firms and banks who want to hire guys with PhDs in math or applied sciences. But the markets don’t move based on mathematical formulas they move based on the simple rules of supply and demand.
Look at me
People always ask me who I trade with. I have been through many brokers. I have accounts spread out between several brokers in case one of them does a Refco, Man Financial or PFG and decides to file for bankruptcy. My main broker allows me to do both FX and Futures on nearly every exchange in the world. Yes I can even trade Hang Seng and Kospi.
DAY TRADING involves high risks and YOU CAN LOSE a lot of money. Commission rule 4.41(c)(1) applies to "any publication, distribution or broadcast of any report, letter, circular, memorandum, publication, writing, advertisement or other literature…."commission rule 4.41(b) prohibits any person from presenting the performance of any simulated or hypothetical futures account or futures interest of a CTA, unless the presentation is accompanied by a disclosure statement. The statement describes the limitations of simulated or hypothetical futures trading as a guide to the performance that a CTA is likely to achieve in actual trading. Commission rule 4.41(b)(1)(i) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.