Recent content by alittlebird

I think the foreign tax credit and ability to expense the costs of drilling a rig in the year it was done are reasonable. The end of the depletion allowance probably wouldn't affect the bottom line of oil companies but it would make their earnings choppier when they had to write down the...

I only trade silver in futures. It would seem to me that if you don't want leverage and only want to track the price of silver, you should just trade the SLV ETF. Tight spreads, no leverage, and it's a depository for silver. Why would you want the physical with all the hgher fees associated with it?

Losing traders engage in self-destructive behaviors based on a need to be right instead of profitable such as: adding to a losing position with the idea of averaging down taking 1/2 of a winning position off early and moving their stop to b/e, believing they're getting a "free" trade and...

Sounds like you're using a single strategy in multiple markets. You would do well to consider diversifying strategies and timeframes as well as markets.

Ace was always looking for psh's (poor, smart, and hungry). He went to the University of Missouri and didn't put much stock in the Ivy league only hiring philosophy. He also has no use for Technical Analysis which he calls voodoo trading.

75% of all health care dollars in the US are spent on the treatment of chronic illnesses. If doctors would treat chronic illnesses appropriately, the acute care costs would plummet. 7th paragraph down for the 75% figure. http://www.dartmouthatlas.org/press/2006_atlas_press_release.shtm

That's not program trading. When you see a spike up followed by a spike down it's large trading houses using price discovery to decide what position to put on.

I've interviewed many "would be" traders for our firm. I've asked this question many times. What I'm looking for is how objective is this "would be" trader? If I get the pc weakness into strength answer like "I work too hard and often work well into the night", then I know it's bs and this...

You can improve the performance of your systems by developing a normal operating framework for each of them. Do a sensitivity analysis on the parameters and determine the best/worst conditions under which they operate. Then screen for the conditions and suspend the system when the environment is...