What can happen playing the HIGH RISK game of foreign currency futures....!

> Because it's not the Real Thing.

> Tunay
dno

Yes Boyd, I do remember your posts on Gordon's old board. You always seemed quite knowledgeable and it wouldn't have surprised me if you had written 'that book' by now. :)

By the length of this thread, it really appears that there is a great deal of interest by the visitors to this board.

Cheers!
Amber

>I wrote
> an hilarious piece about Trader's Syndrome
> on Gordon's ABC board some years ago, which
> Amber and others may remember.

Thanks Boyd. Years ago, I used to frequent newsgroups, but in recent years haven't done so. I tend to stay away from them for reasons you mentioned. But it can't hurt to check them out to see if I can gain any knowledge on what's going on.

Actually, I'd like to learn more about what 'really' goes on at the big floors of the major exchanges. Probably a great story for a documentary on a show like Investigative Reports on A&E. I actually sent A@E an email some time ago suggesting they do a show on the subject. They wanted me to send my request via snail mail, which I didn't do. Somehow, though, I think the subject is far too sensitive and political
an issue to cover and I doubt what really goes on will ever be revealed.

I often think, based on some of the stories that my husband and his day trading colleagues have told me, which they learnt from the day trading floor is that there is some conspiring and game playing among the market makers to manipulate or artifically inflate/deflate the price of a stock especially in the first hour of trading and during the noon hour. And if you watch the markets as closely as we do and see the trades as they occur, there are some things that just amaze the heck out of us. But I won't get into all the
details here.

If you could send me the names of a couple or any other trading bookmarks, I'd appreciate it.

Many thanks.

Eliz.

Hi,

You wrote:
> If you could send me the names of a couple
> or any other trading bookmarks, I'd
> appreciate it.

When I was trading, Waldemar's List of trading links was, I believe, considered to be the most comprehensive. You can check out Waldemar's List at:

http://www.waldemar.ws/wl.html [Link below]

Waldemar lists _everything_, so he's sort of a one-stop shopping center.

You wrote:
> Thanks Boyd. Years ago, I used to frequent
> newsgroups, but in recent years haven't done
> so. I tend to stay away from them for
> reasons you mentioned. But it can't hurt to
> check them out to see if I can gain any
> knowledge on what's going on.

The newsgroups I used to read every day (this was in 1994 and 1995) were:

misc.invest.stocks
misc.invest.futures
misc.invest.technical

You wrote:
> Actually, I'd like to learn more about what
> 'really' goes on at the big floors of the
> major exchanges. Probably a great story for
> a documentary on a show like Investigative
> Reports on A&E.

I'd like to see that, too. Have you seen the Paul Tudor Jones daytrading video-tape, the one that shows him trading, screaming orders into the phone, trading large? It's a good one.

You wrote:
> I often think, based on some of the stories
> that my husband and his day trading
> colleagues have told me, which they learnt
> from the day trading floor is that there is
> some conspiring and game playing among the
> market makers to manipulate or artifically
> inflate/deflate the price of a stock
> especially in the first hour of trading and
> during the noon hour.

That's why daytraders should really only trade when the floor isn't in control, when a strong outside force is moving the price around. When the floor traders are scrambling, they don't have time to engage in their usual tomfoolery.

You wrote:
> And if you watch the
> markets as closely as we do and see the
> trades as they occur, there are some things
> that just amaze the heck out of us. But I
> won't get into all the
> details here.

I know just what you mean!

Best,

-Boyd


Waldemar's List

Hi,

Talk about a crowded marketplace, the "how to trade" marketplace is standing-room only with vendors.

I'm still hopeful of somehow making trading one of my income streams.

Best,

-Boyd

> Yes Boyd, I do remember your posts on
> Gordon's old board. You always seemed quite
> knowledgeable and it wouldn't have surprised
> me if you had written 'that book' by now. :)

> By the length of this thread, it really
> appears that there is a great deal of
> interest by the visitors to this board.

> Cheers!
> Amber

Boyd, I'm curious to know more about your new venture.

> once Stone Digital Media LLC (our little
> startup) acheives success in business, then

Regards,

Eliz.

http://tfc-charts.w2d.com/

On this site, you can personalize your own charts. It's a very good learning tool. I really don't know what books I can recommend because through PAPER TRADING, I've been able to develop a trading strategy that I feel comfortable with.

I've taken various bits and pieces from several trading strategies to create my own style of trading.

Let me know how you like the chart site.

Jim G.

Hi,

I think my wife is starting to lose confidence in me, and I can't say I blame her.

I need to be making about $6,000 a month, so I'm starting with that figure and working backward. I'm also trying to make sure I play to my strengths, and to stack the cards in my favor as much as possible before starting.

Sun Tzu said something like "Battles are won or lost before they're fought," and with that in mind I'm trying to set myself up to win.

My strengths are integrity and honesty, devotion to producing quality, wanting to serve others, extreme stubbornness, the desire to build rather than run, and the ability to condense the core truths from a large amount of information.

So whatever I do, it's going to be a battle that will be won, hopefully, before it's even fought.
And I need to decide quickly because my wife just asked me yesterday "What's the first book going to be about?" (I'm not even sure writing a book will be what I do--maybe I'll give local seminars or something.)

Thanks for asking, BTW, I was flattered that you did!

-Boyd

> Boyd, I'm curious to know more about your
> new venture.

> Regards,

> Eliz.

I had a very brief look and it apperas fairly easy to get around. I'll have to spend a few hours next week trying to understand more.

Thanks again.

Eliz.