Recent content by downtickboy

As a caveat I don't trade the Proflogic method myself but have followed it for awhile and would like to a find a way to trade the method. The firm I work for has very restrictive trading requirements since the firm has stock and bond funds in addition to owning commercial real estate (which is...

I started a thread a couple of years ago that I have tried to update every year regarding my progress after I stopped trading. There is definitely a life after trading assuming trading is not working out for you. The hardest thing is to make the complete break from trading that is needed to...

Or a double top on its way to taking out the support from the last bear market lows.

My 2 cents is that we really need to have a limit down day to really get all of the sellers to throw the towel in and give up. The other observation is that if you look into the banks balance sheets and see the percentage of Level 2 and Level 3 assets they still have on their books there is...

Does anyone notice how the public is so manipulated by the media? One of the highlights of yesterday is all weekend the news kept hyping how the bill is all wrapped up and set to pass on Monday. The crew of high level politicians ran their TV campaign trying to scare the hell out of the nation...

Since it is a good friends I am not going to do that and would not really help you anyway because most you never have heard of them because they did not recruit people, have a website, or advertise. My purpose was let people know what happened to tuco was spreading so tuco was not a one off...

No he did not.

What was amazing was how fast it happened. I sent my friend the info on the Tuco stuff as a heads up and then 2 weeks later they are shutting down their business. Funny that they were contacted by the SEC because they flew so far under the radar. They did not advertise or actively solicit new...

As probably a few of you know the Tuco situation is not an anomaly. I have a trader friend who has also been running an LLC business for several years now. They have actually been around much longer then Tuco however they were much smaller and did not go out of their way to recruit new...

Thank you very much. Funny I have thought the same thing about the timing.

The debt issues that have started subprime have started to effect commerical real estate because many firms no longer have access to cheap debt like Blackstone used to buy EOP. The cheap debt helped push commercial real estate prices up to crazy levels too. Many of the high leveraged players...

Well I just remember I last updated this thread at the beginning of last year. To recap I quit trading 2 years ago after several years of trading which included trading stocks for 3.5 years and 2 years of trading futures in Chicago for a prop firm. I finally decided to move on and had to...

I started a thread a year or two ago regarding the same topic. I updated my progress in January of this year. I must say my quality of life is much better now. The key is finding something else you really like doing because then it does not really feel like work. A big eye opener for me was...

I just did a one year update to this thread that I started at the beginning of 2006.