Recent content by bobdek

RESULTS for 11-9-01 Today's net calculated result was a profit of 0.86% (less brokerage costs) Since this was the first day of my paper trading, I will explain a little bit about what numbers I am using in my calculations I went LONG (on an instrument that tracks the NDX index like...

EXIT (at market close 4 PM)

If this was real money, I would probably use a stop to avoid utter catastrophe on one single day, but it would be a very high stop level (i.e. 10% loss, doubled to 20% with margin). Besides, I keep daily print-outs of the intraday NDX chart, so it is always possible to go back and look...

In regard to this Magma comment: "putting them in your own spreadsheet would serve the same function" I disagree for 2 reasons: 1. By posting them publicly, I can't change my decisions once they are made. If I put them in a private spreadsheet at the end of the day, then I can say...

In regards to a couple comments above: 1. I realize there are many problems associated with paper trading. In fact I personally think that any paper trading system that is producing less than an average 0.2% per trade is going to be a losing system, because it will get killed by commission...

LONG

Over the next few months, I plan to repeatedly post my paper trades in this same thread. If they are successful, they will serve as semi-permanent of online “proof” of my good results. If they are not successful, then oh well, I haven’t lost any real money with these trades. I...

I talked to a US brokerage about this once. They told me their only canadian clients were those that had companies registered in a country other than canada. They just opened a corporate account, not an individual account. I once emailed 25 US daytrading firms all at once and asked them if...

In response to some of the helpful comments to my original question: 1. I am looking to hold QQQ stock for somewhere between 10 minutes to an hour, depending on the situation. 2. I have identified what I think could potentially be a profitable trading opportunity on a regular basis, my...

I made a previous posting about trading QQQ on Island and a couple people have commented that QQQ does NOT follow the NDX index, in fact the QQQ price will actually move before the NDX does. They explained this due to the fact professional traders trading QQQ on Island will watch the Nasdaq...

I live in Ontario and have dealt with 2 USA tarding firms that will accept Canadians. For daytrading try JPR Capital, no problems there at all, very fast ECN executions using Realtick, costs are $10 per trade up to 2000 shares. You will have to pay $260 a month though for data feeds. For...

I think the problem is probably related to my comparing the Island QQQ prices I get to the NDX prices at the instant it gets filled. I guess the NDX ticker is a few seconds behind to start with, and it only updates itself every 15 seconds, so I have probably been comparing the fill price with...

I have tried to trade QQQ in the past with a regular online broker through the Amex and was disappointed. Now I am with JPR Capital and am trying to trade QQQ on Island. But I seem to have a very hard time getting a fair price. The "slippage" is more than I was expecting, and I can't...