Recent content by chuckm_ca

I took maestro up on his offer to come see his office. Nice setup. He gave me a tour and a quick presentation of the technology they are using. No price charts, it's all based on sentiment. The trading station with the 24 monitors is quite impressive to see. I'm curious to learn more about...

I was under the impression that no shorts or puts are allowed in an RRSP. Would this not include funds that invest in puts or use short sales.

I don't trade stocks so I don't know how feasable this is, but in the ES I've used buy stop limit orders. You know what the breakout point is so that is the buy stop and you use the stop price plus 0.05 as the limit price. Enter this order in ahead of time so that when the breakout occurs your...

I get an empty zip file when I download this. Am I doing something wrong? Tried the right click "save as" and left click. Same result.

Here is a site where you can get some free TS data. I have no idea of the quality of this data. http://www.medianline.com/data.html

I don't think you can do that in TS. You will have to manually splice the contracts together. Figure out the roll dates and roll amount, then you need to add the roll to the previous contracts before you splice them together. This is a time consuming process.

Behold is my preferred back testing program. You can check it out at: www.bhld.com It's Mac software that can be run on your PC with an emulator.

Take a look at a 20 year exponential chart of Nortel. Your friend's strategy worked great until a couple of years ago.

If you can't find the file, it's probably hidden. For some reason the .wab files are in hidden folders (at least on my computer they were). Go to your control panel and double click the Folder Options icon. Click the view tab. Then select the "Show hidden files and folders" option. Now try...

It's not so much any single factor in the system so much as the discipline to follow the system that is the key factor. There are times that I'm 90% sure that the signal is a loser, I still take the signal. The problem with not taking a signal is that you end up missing the best trades. These...

How can you talk about people who are evil and forget to include Bert from Sesame Street. All the details and pictures can be found here. http://www.spacecat.com/bert/bert.htm Chuck

I'm running 2 G450's on my computer and they run great. I highly recommend them.

Hi Don, How much capital is allocated to a trader (assuming they put up 25,000) when they start? As they become consistently profitable, are they given more capital to trade, and how is this amount determined? Chuck

The extra OTM call is to avoid being naked the short call. Some retail firms won't let you sell naked options and it provides some insurance. Moa is correct, it would be easier to be long a deep in the money put and save yourself some commissions. You'd have to figure out the cost of each...

You could trade futures which eliminates the shorting on a down tick problem. Or you could use options but it will be very capital intensive and it would only make sense if you traded the same few stocks. You would put a position on like this and trade it to expiry. Long Stock Long ATM...