Recent content by alexm

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    Market Wizard Tom Baldwin way of taking loss

    Very well said.
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    Zanger style Trading

    I think when he started out his holding period was 2-5 days. Later on when he became a multi-millionaire he started holding several weeks and recently I think he's morphed into a position trader even though he said a couple weeks ago that he was completely in cash.... so who knows.
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    any good chat rooms in Paltalk & Hotcomm?

    I don't want to hurt any feelings here but if you guys are looking for chat rooms to make money.... you might as well just pull out what you have left, pay off your credit cards, and get a job. You have to do your homework and you have to do it by yourself -- mentors can help you find your...
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    Amex halted?

    Are you kidding? Lube is for anyone who wants to deal with those specialists who don't even have the courtesy of a reach-around.
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    Crash is Upon Us

    If there's a thread talking about the crash....well then time to buy I guess.
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    How many stocks can you cover per day?

    I probably cover 1000 a day but only watch 30 actively. Then do scans thru 1000 each night.
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    Zanger style Trading

    Have you noticed how a lot of the best gains Zanger has made in the last few years has been holding thru earnings? He's got great instinct and big big balls. What a great combination. And in terms of risk management, come on , guy doesn't have any. He bets the farm on one stock half the...
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    How many Zanger-type traders here?

    Very well said. Now let's close this thread as I see there was another one addressing similar issues.
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    How many Zanger-type traders here?

    Since I hear that Zanger is down about 10% ytd I would venture to reaffirm what I said earlier about this not being a Zanger-like market right now.... there really aren't any leaders left in the market right now that are in accord to his standards. I bet he's mostly in cash right now or has a...
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    How many Zanger-type traders here?

    tx a lot, sorry, didn't know there was another thread.
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    Is China a bubble?

    I don't think we're even near to bubble status on China. This is just a company that is growing at a smoldering rate. Maybe in 10 yrs we can start talking about bubble but this is just the beginning (ie we're in the early 90s, wait until late 90s)
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    A good trader must have a personality that is always honest with himself?

    Yes I think a good trader has to be honest and accept responsiblity when things go wrong. It's key.
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    How many Zanger-type traders here?

    Just wondering how many people trade like Dan Zanger, whom I believe has got to be one of the most influential traders that has come out in the last 50 years. Of course we're not really in a Zanger-type market right now so this is probably not a good time to ask this but still, just wondering.
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    One of the reasons I like Position Trading

    NYSEKILLER seems to do very well and he seems to close the positions end of each day. NYSE you have anything to add to this mix? And you have to love how everyone wants to hate the daytraders. I trade maybe 2-4x a day, I close positions at the close of every day, and I have been doing this...
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